Digital risk is the greatest threat to the modern business

 

That was the theme at the opening session of the 2019 RSA Conference in San Franscisco. In today’s hyper-connected business economy, information centric cyber-risk, introduced internally and externally, to a business introduces the greatest risk of loss and disruption.

In 2018 these risks overtook physical and social risks. In 2019 digital risk is forecast to continue to outpace all other areas of risk in both terms of growth rate and overall scope.

 

Cyber-risk impacts all businesses, large and small, with a great inequality toward smaller organizations.

A single cyber event can put a smaller organization out of business. Contrast that fact to the ramfications of the Target breach of 2015-2016. Target’s share price was minimally impacted over a very short term and no retail locations were forced to close.

 

The unspoken theme of this year’s RSA Conference is the objective measurement, classification, and mitigation of cyber-risk using a myriad of methods.

Smaller organizations can learn from their enterprise and large business counterparts and start focusing on their internal and external / 3rd / 4th party cyber risk.

 

Stay tuned to hear more about RSA Conference: Where the World Talks about Security

Corporate Information Technologies blog

 

 

Corporate Information Technologies provides small to mid-market organizations with expert I.T. services including compliance assessment, cybersecurity penetration tests, and comprehensive business continuity planning services. Corporate Information Technologies can help organizations, quantify, create, refine, and mitigate the risks presented by business threatening disasters in whatever form they may be disguised. 

Contact us to learn more and let us show you how good I.T. can be!