Cyber risk management priorities have become a top priority for board room reporting. The impact of an incident on a company can drastically impact their bottom line. Even businesses with the financial means to sustain themselves through a breach, the long term damage to customer trust, regulatory compliance and legal standing can in some cases be irrevocable.
As a result, there is increased pressure on IT and risk teams to manage governance, risk and compliance across the enterprise. Organization’s are requiring their risk resources to step up and better-manage their cyber risk.