Imagine you're the CFO at a firm involved in sensitive merger oracquisition discussions with your bankers and you receive an emailasking for a small bit of nonpublic information on your company,the kind you've passed on before. You send the information—andlater find you were the victim of a sophisticated cyber-attack.

Now imagine you're in charge of operations at a manufacturingfacility. Out of the blue, your employees report that they havelost control of key systems. It's impossible to shut down a blastfurnace correctly, endangering the safety of employees and othersand threatening massive damage. You, too, have been the subject ofa cyber attack.

These events underscore the new reality in cyber riskmanagement: It's no longer just an IT issue. Everyone—fromindividual employees to risk managers to your board ofdirectors—now has a stake in managing cyber risk comprehensively,across the enterprise.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.