CEOs, organizational leaders and large investors worldwide increasingly understand the connection between their businesses’ prosperity and the need to address the challenges that threaten global markets. Cybersecurity has emerged as the most pressing of these challenges. In fact, business leaders believe it has reached a tipping point, with opportunities outweighing the risks of taking action.
Consulting group EY interviewed 200 global CEOs and 100 senior investors in a 2019 study to understand their perspectives on overarching global threats. A majority of respondents ranked cyber defense as the most serious among these. They also indicated their organizations had a role to play in the solution. Two-thirds of those surveyed said they were likely to take a public stand, aligning their corporate missions with global challenges and partnering with the government and non-governmental organizations to develop solutions.
When asked about effective strategies for making a meaningful impact, many respondents felt that global issue resolution should be built into performance evaluations. About 43% of respondents believe progress on such issues should be linked to performance measures, reward structures and internal governance.
As long as global markets are tied to companies’ long-term value, and as long as cybersecurity ranks at or near the top of these threats, leadership at all levels must think of cyber defense as part of their regular duties. For those who have mostly left cybersecurity to their technical teams, it might be time to build foundational knowledge about the most pressing issues for themselves and their staff. Most organizations also could benefit from partnering with consultants who can keep a pulse on emerging issues.
Whether an organization needs continuing education, consulting expertise or tools to bolster internal resources, Lunarline is prepared to help. We support groups of all sizes with various offerings, including:
- Specialized courses in multiple delivery formats.
- Managed security services run from state-of-the-art SOCs
- Tools developed internally by the industry’s top engineers
Contact us today to learn more.