Cybersecurity has jumped to the top of companies’ risk agenda after a number of high profile data breaches, and other hacks. In an increasingly digitized world, where data resides in the cloud, on mobiles and Internet of Things enabling multitude of connected devices, the threat vectors are multiplying, threatening the firms’ operations and future financial stability.
Organizations with the ability to view cybersecurity breaches as a risk, with associated probabilities and impacts, can strike the right balance between resilience and protection. By bringing together leadership and capabilities across fraud, IT, cybersecurity and operational risk, organizations can connect the dots and manage their GRC program more effectively. Organizations need to employ a proactive approach to review their existing risk management processes, roles and responsibilities with respect to cybersecurity to re-align them into an overall ERM strategy with boardroom backing.
Attend this panel webinar, as we discuss these issues and address ways to develop an evolving GRC program to cope with the growing threat landscape.