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ARTICLE · 20 JUNE 2018

Is Management Doing Its Job With Regard To Cyber Security?

When reading news and statistics about Cyber Security incidents, it is easy for executives to become immune to the information overload.

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Micho Schumann (KPMG)
Micho Schumann (KPMG)
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When reading news and statistics about Cyber Security incidents, it is easy for executives to become immune to the information overload. We have all seen the headlines such as "Billions of dollars in losses" However, how those incidents may affect your specific organisation is often unclear.

What is clear, is that Cyber Security incidents can affect all organisations; from the large hedge fund administrator to small businesses with few employees. Caribbean nations are not immune and incidents are happening at a startling rate.

Cyber Security has become an executive level issue. Gone are the days when the responsibility lay solely with Information Systems personnel or on the third party IT firm. Customers, business partners and investors are asking management tough questions and seeking comfort that their data is secure. Will you be able to answer those questions the next time a customer or shareholder asks?

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