Cybersecurity is a top priority for all organizations. The World Economic Forum article highlights companies' lack of cybersecurity readiness and offers recommendations on how to manage cyber risk.
- Cyber threats are some of the biggest challenges organizations face, but cybersecurity failure is still seen as a critical short-term risk.
- The lack of 'cybersecurity readiness' leaves companies vulnerable and at risk of major disruption in case of a cyber attack.
- Board members must actively embed cybersecurity risk management from the top down and demand cyber risk indicators are presented in financial and economic terms.
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