The Cybersecurity Guide to Governance, Risk, and Compliance

CHAPTER 5Cybersecurity for Business Executives

“Success in cybersecurity doesn’t just mean protection today; it means anticipation, innovation, and the audacity to face tomorrow’s threats head‐on.”

The intricate and demanding nature of the cybersecurity landscape calls for the deep involvement of business leaders to ensure robust protection. Business leaders play a central role in cybersecurity, tasked with numerous duties and responsibilities. Understanding the business implications of cyber threats is crucial, as is recognizing the role of cybersecurity as a driving force for business growth and its interplay with business strategies. It is also necessary to appreciate executives' perspectives on cybersecurity, their challenges, and their key roles in this field. Close collaboration between business leaders and cybersecurity teams is critical. Leaders need to understand essential cybersecurity concepts, which can aid in making informed business decisions, setting a cybersecurity risk tolerance, staying updated through training and awareness, comprehending legal and regulatory aspects, and adapting to future cybersecurity trends.

WHY BUSINESS EXECUTIVES NEED TO BE INVOLVED IN CYBERSECURITY

Security, per the renowned cybersecurity expert Bruce Schneier, is not simply a product but an ongoing process. In the modern era, where digital systems are extensively interconnected, finding a business that remains untouched by the risk of cyber threats is nearly impossible. A single ...