Is Security factored in your Digital Transformation journey?
Around 3 years back, many companies embarked on their digital transformation journey. Others were forced into it later with the pandemic. Pandemic pushed companies to move ahead on their digital transformation journey at breakneck speed. Many organizations jumped on the digital transformation bandwagon without much thought about how to bring security in the picture. How […]
Beyond risk-based cybersecurity…
A 2019 article from McKinsey titled “The Risk-based Approach to Cybersecurity” talked about the need for organizations to move from a “maturity-based” to a “risk-based” approach to cybersecurity. First let us get clarity on some definitions from that article here. Cyber risk is just another kind of operational risk and cyber risk is not the same as cyber threat. […]
How cyber insurance can incentivize cyber security?
In the previous article, we saw how taking a Proactive Approach to Cyber Security is key and how it relates to Cyber Insurance. In this article we will see how cyber insurance can incentivize better cyber security practices amongst policy holders. RUSI (Royal United Services Institute) for Defense and Security Studies published a paper titled “Cyber Insurance […]