Is cybersecurity the ultimate distraction?
What poses the biggest threat to your business’ continuity? A cyberattack on your systems or a physical disaster? After reading Dan Farber’s scathing review of the state of cybersecurity, I couldn’t help but wonder whether equivalent measures were being taken on the business continuity front. There’s no question that cybersecurity is of paramount importance in today’s world. As Farber reports, the tangible losses due to cybersecurity breaches are on the rise and many of them go unreported for a variety of reasons. While the odds of suffering a cybersecurity breach are increasing almost daily, most risks of business interruption still stem from non-cybersecurity events. After all, what poses the biggest threat to your business’ continuity–a cyberattack on your systems or a physical disaster? Consider Sept. 11: The companies back in business the fastest were the ones with the most comprehensive and well-tested continuity plans — not the ones with the best cybersecurity–important as good cybersecurity is. Full Story