#FinancialPerformance

Managing Cyber-Risk Is No Different Than Managing Any Business Risk

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September 24, 2024 at 10:03AM Summary: Business risks encompass various categories, all affected by cyber-risks. Market research shows strong cybersecurity correlates with higher shareholder return. Chief information security officers are adopting artificial intelligence to counter evolving cyber threats, but express mixed feelings about AI risks. Elevating cyber-risk management to essential protocol and recognizing cyber-risks as … Read more

Corporations With Cyber Governance Create Almost 4X More Value

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March 28, 2024 at 09:06AM Special committees with a cyber expert instead of the full board are better at enhancing security and financial performance. Based on the meeting notes, the key takeaway is that organizations with special committees including a cyber expert are more likely to enhance their security and financial performance compared to relying … Read more

Royal Mail’s recovery from ransomware attack will cost business at least $12M

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November 16, 2023 at 07:39AM Royal Mail’s parent company, International Distribution Services (IDS), has disclosed that the ransomware attack it experienced in January will cost the company approximately £10 million ($12.4 million) in improvements to its Heathrow Worldwide Distribution Centre. Although the total costs related to the attack are expected to be higher, IDS has … Read more