In the midst of the context of uncertainty that organizations face worldwide, those who lead them are identifying new risks for businesses.
According to him EY CEO Outlook Pulse Survey 2023which collected responses from 1,200 CEOs globally, 37% of managers consider that building trust in the digital sphere through cybersecurity is important to work in the face of a possible recession.
(European Union vetoes Chinese equipment from Huawei and ZTE).
The study identified that the increase in cybersecurity risks is among the main ones that CEOs consider for their organizations, ranking fourth in the table,
Leading the list is the risk of the return of interruptions related to the pandemic (such as lockdowns, supply chain disruptions, etc.), and risks associated with uncertain monetary policy (both with 32%), in addition to the increase in the price of inputs and the inflation (31%).
(Sweden’s support for Colombia to develop space technology).
“The level of cyber risks faced by companies has grown exponentially, so this area should not go unnoticed when establishing priorities, implementing strategies and allocating budget in companies.“says the expert.
“The protection of information and security measures are not the responsibility of only a group of experts in companies. CEOs need to start raising and discussing cyber risks with members of management and the broader business, not just IT or the chief information security officer (CISO).”, indicates Pedro Parra, Consulting Partner and Cybersecurity Leader for EY Latin America North.
(Axity projects 25% growth this year, thanks to cloud services.)
In his opinion, “If all the areas and collaborators of the organization are not part of the system and are not aware of the cybersecurity strategies and measures, the possibility of infringement may increase. In that sense, we ask business leaders ‘are you sure you’re sure?’”.
According to the study, faced with this scenario, 98% of CEOs expect a recession and 37% consider that geopolitical risk management and building trust in the digital sphere through cybersecurity are important issues to work on. to a possible recession; as well as related to operations (40%), sustainability (39%), innovation (3%), marketing (38%) and digital transformation and technology (37%).
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