In the latest issue of McKinsey Quarterly James Kaplan identifies a perfect storm of factors that are conspiring to make cybersecurity a major business challenge.
- Stakeholders expect more ‘openness’. Increased demands for mobile/smartphone access present new types of security threats
- More corporate value is to be found online – making it a more attractive target for cybercriminals
- Interconnected supply chains making extended networks vulnerable to weak links in the chain
- Increasingly sophisticated cybercriminals and malware
Organisations need a new mindset to tackle cybersecurity challenges. This includes moving from a focus of ‘protecting the perimeter’ to identifying, and protecting, their most valuable intellectual assets. Most critical of all is to acknowledge that cybersecurity is at best a constant battle rather than a one-off problem that can be tackled and ‘solved’.
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