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Be Ready

What leaders can do to protect organizations against cyberattacks

Leadership Responsibility
Leaders today must learn how to proactively increase the chances of protecting their organizations and customers from the ever-increasing threat of cyber-attacks. That’s because an organization’s leaders have a significant responsibility in personally understanding and managing cyber-security as a key risk area. As Microsoft founder Bill Gates stated, “Security is, I would say, our top priority because for all of the exciting things you…do with computers, organizing our lives, staying in touch with people, being creative—if we don’t solve these security problems, then people will hold back. Businesses will be afraid to put their critical information on it because it will be exposed. People won’t use their credit cards quite as much and buy things, and so it’s really the thing we got to get right so that people don’t think about it.”

Are Leaders Ready?
According to a recent Harvard Law School Forum on Corporate Governance and Financial Regulation article, “Many companies now have in place technology designed to identify anomalies and threats. They also likely have written policies and procedures intended to provide a roadmap in the event that a cybersecurity incident occurs. All these tools and written procedures may well be ‘state of the art’ in that they may reflect and embody what is understood to be general best practices. But as with any system or written policies, they alone may be insufficient to address the risks.” 

So how do leaders know if they are doing enough to address cybersecurity risks? One way to find out is to assess the organization’s cybersecurity performance using the Baldrige Cybersecurity Excellence Builder (BCEB).

Please select this link to read the complete blog post from The National Institute of Standards and Technology (NIST).

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