You may think of cyber risk as a technology risk – but it’s also a top business risk! Consider these recent headlines:
All of these news stories point to how the impact of cyber incidents today leads to serious business consequences. Cyber risk can no longer be viewed as merely an ‘IT problem’. Cyber incidents in the connected ecosystem can lead to financial losses, reputational damage, legal issues, regulatory fines, and even business closures. Leaders are well aware of this. As per the 2021 Gartner Board of Directors Survey, 88% of boards now view cybersecurity as a business risk—up by 30% since 2017.
Multiple reasons have led to cyber risk being increasingly viewed as a business risk. Here are the most important that top the list:
Download the report: Third-Party Risk: A Turbulent Outlook Survey Report 2022
Read the eBook: Five Critical Capabilities for Effective Cyber Risk Management
MetricStream’s CyberGRC, built as an interconnected, intuitive, and intelligent GRC product set, empowers your organization to connect cyber risk data from across the enterprise and leverage actionable business intelligence to make data-driven decisions to build cyber resilience.
MetricStream CyberGRC further enables your organization to effectively manage and mitigate cyber risk by:
Want to learn more about how MetricStream CyberGRC can help build cyber resilience? Write to me at firstname.lastname@example.org. You can also request a customized demo to see how our product works.