Surveys Find Internal and Third-Party Cybersecurity Risks Among Top Executive Concerns

Corporate executives, even those with great defense resources, consider cybersecurity one of the most worrisome issues they confront.  In this article, experts from Deloitte, Protiviti and the Santa Fe Group dissect the results of two recent studies.  Greg Dickinson, a director at Deloitte who leads the quarterly survey “CFO Signals: What North America’s top finance executives are thinking – and doing,” explained how and why many CFOs are feeling unprepared for cybersecurity threats.  In addition, while discussing the “2015 Vendor Risk Management Benchmark Study: The Shared Assessments Program and Protiviti Examine the Maturity of Vendor Risk Management” Rocco Grillo, cybersecurity managing director at Protiviti, and Gary Roboff, senior advisor to the Santa Fe Group and manager of its Shared Assessments Program, explain how the finance industry outperforms others in third-party risk management and stress the importance of risk committees and data mapping.  See also “Ponemon Study Finds Increasing Data Breach Costs and Analyzes Causes,” Cybersecurity Law Report, Vol. 1, No. 5 (Jun. 3, 2015).

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