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Businesses Need Cyber Security Management Plans

Businesses Need Cyber Security Management Plans

The Cyberattack Surface Has Increased

In 2019, the world has become more dangerous due to a wide variety of sophisticated threats. The cyberattack surface has increased due to the horizontal expansion of IT, driven by mobility, Internet of Things (IoT) devices, SaaS, cloud-based workloads, etc.

In the meantime, business executives now recognize two important realities: 1) Most of their business processes are anchored by IT, and 2) A cyberattack and/or data breach could happen any time and lead to devastating consequences.

Cyber Security Seen as a Priority

Increasingly, cyber security is seen as a business priority. According to research, 40 percent of organizations say strengthening cyber security tops all other business initiatives. Fifty-eight percent of organizations will increase cyber security spending in 2019, while 40 percent will maintain the same level of spending as 2018.

Top-Down Cyber Security Management

Jon Oltsik of CSO posits the (admittedly not new, but rarely put into practice) idea that cyber security must be housed within a top-down framework, rather than addressed piecemeal by the security team from the bottom up. Read more here about where some businesses fail in this regard, and the six ways they can ensure their cyber security management plans succeed.

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