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Cyber Security

Business risk management needs cyber security

Curacao Chronicle posted an article on June 6, 2017, about why cyber security is critical in business risk management. Below are some key highlights:

  • The cyber threat picture becomes more challenging with attacks against both public and private sectors organization
  • Your organization has possibly experienced some type of a cyber incident, whether it was a virus infected computer, mail servers bombarded by phishing and spam email or even some variant of malware or ransomware
  • First off cyber security must be viewed by senior management as a business continuity issue and by extension a major risk management concern
  • Cybercrime has become the primary motivation behind cyber-attacks in the Caribbean
  • From a risk management perspective, do you know where your business stands in terms of its cybersecurity preparedness? Do you know the impact of a cyber-attack on your organization? Take for example an account receivable or point-of-sales system being offline due to a targeted attack

 

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