Over time, unenforced regulations simply get ignored and become useless. It is likely that things won’t change until the regulators make them change, and they will have to go sooner or later through a harder enforcement line.
As every enterprise is becoming more and more data-driven, it is key for the Board to realize that cyber security is becoming a central tenet both of its core business and of its social impact and governance strategies.
It is now becoming crystal clear that cybersecurity – beyond good practice and good ethics – is quite simply good business. As a recent Cisco study made clear, cybersecurity will help fuel (and protect) an estimated $5.3trillion in private sector digital Value at Stake in the next 10 years. This is the kind of numbers boards cannot afford to overlook.
Talent alienation is the biggest issue behind the cybersecurity management skills gap, but it shouldn’t be the case
