This Council Perspectives was authored in conjunction with The Conference Board Council of Corporate Security Executives.
No one would dispute that cyber crime, cyber theft, and cyber espionage are serious threats to global business. However, a media-fueled frenzy about a looming digital 9/11 or a cyber Pearl Harbor—apocalyptic and hopelessly complex threats for which both countries and companies, if not defenseless, are at least woefully underprepared—presents a one-sided picture. Cyber risk is one of many operational risks companies face. From a business viewpoint, mitigation of cyber risk is about fundamental risk management, corporate resilience, and managing human behavior. It is not just about addressing technology gone wild.
Member organizations can view the entire article by logging in and then clicking the download button on the right side of this page. If you are not a member and would like a copy please call Customer Service at 212 339 0345 (hours: 8:30 a.m. - 5:30 p.m. ET Monday-Friday) or e-mail at firstname.lastname@example.org