It’s hardly news that data breaches of just about every type are on the rise—in frequency, sophistication, and risk impact. From personal financial and healthcare information to intellectual property and trade secrets, cyber-theft and cyber-sabotage show no signs of abating. Unfortunately, many companies don’t fully grasp the threats they face, perhaps viewing cybersecurity as essentially “an IT thing.” Not only does this (mistaken) perception increase an organization’s potential exposure to attack, it also widens the gap between those charged with protecting the enterprise and those whose obligations include maintaining strong corporate governance and ensuring shareholder returns.
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