As cyber-attacks become more rampant, C-suite executives and their security leaders must address the lack of proper communication in reporting the real cybersecurity risks their organizations might be facing, according to FTI Consulting.
This, despite having 88% of the respondents admit cybersecurity as a critical priority for their businesses. C-suite executives believe board and cybersecurity leaders could improve response and understanding of cybersecurity threats, with 35 of respondents saying information security officers can improve responses to threats through proactive review of an incident response plan.
“A lack of cybersecurity preparedness, including the ability for clear, consistent, and transparent communications between executives and cybersecurity leaders within an organisation, can be ultimately detrimental to that organisation’s bottom line,” Eli Serota, head of cybersecurity and data privacy communications in Asia, said. “Bridging the gap in trust and communication between these parties is imperative to protecting normal business operations.