Executive Summary
The Executive Summary of Greenbone’s Cyber Resilience Report as direct download.
Cyber Resilience – The Answer to Risks of Our Connected Business World
Collecting data and digital information on nearly everything, including customers, is the focus of business operations and management’s strategy in almost all industries.
Managing the digital risks related to this data can no longer be delegated to a small set of IT professionals. Instead, business managers, risk officers, and boards need to understand how cyber resilience supports the ability to mitigate and remediate digital risks while accepting that adverse cyber incidents are inevitable.
Cyber resilience is a new paradigm that requires a different way of thinking, and our report is designed to help those managers, executives, and board members understanding the impact of cyber resilience and how to achieve it. Cyber resilience is not about installing a discrete set of technical systems and our report describes how to build and orchestrate mutually reinforcing processes and tools.
Organizations face major challenges in achieving cyber resilience such as engaging and collaborating to prioritize business risks, accepting wisely chosen trade-offs, and implementing process changes that will help to protect information assets. Getting IT teams to put cyber resilience as a top priority while they juggle short-term budget objectives and roll-out timelines, and having both sides understand each other’s objectives and needs.
The top 3 business risks in the UK
According to the Allianz Risk Barometer 2020, British companies see Cyber Incidents as the top risk (51 %), followed by Changes in Legislation with 41 %. Business Interruption is ranking third with 29 %.
Business Risks Worldwide
For the first time, Cyber Incidents are seen as the top risk by companies around the globe. 39 % see the dangers from cyber crime and data breaches at the top, the risk related to Business Interruption ranks second with 37 %.
