IDG Contributor Network: CEO And CIO Cyber Disconnect: Fixing The Communications Breakdown
August 22, 2018
Teamwork makes the dream work. Unfortunately, when it comes to cyber security issues, CEOs and their CIOs aren’t always on the same page, and the dream can turn into a nightmare.
This communications breakdown is highlighted by two recent surveys showing that CEOs view their companies’ cyber security readiness very differently than their CIOs. The KPMG U.S. CEO Outlook 2018 found that 77 percent of CEOs believe their organizations are either “very well” or “well” prepared for a cyber incident. This stands in stark contrast to only 22 percent of CIOs and tech leaders who feel the same way, according to Harvey Nash/KPMG CIO Survey 2018.
This is a critical gap as cyber security is a growing threat to all organizations. And you can’t go past a newspaper stand or TV without seeing a story about how cyber-attacks have devastated a company. A company can take a huge hit to its pocketbook or reputation if money or data is lost, stolen or deleted. Investors, the public, and even your employees are left believing that you were negligent with your cyber security setup, which can ultimately undermine your company’s stability, and possibly survival.
Read more at CIO