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Cyber resilience needs to be top priority for CEOs: World Economic Forum

Hyperconnectivity and the evolution in cyber attacks require CEOs to take ownership of cyber risk management, according to a new report launched by the World Economic Forum developed in collaboration with Deloitte.

According to the report, ‘Risk and Responsibility in a Hyperconnected World – Pathways to Global Cyber Resilience’, hyperconnectivity is drastically changing the way businesses and governments interact, demanding a renewed examination of roles and responsibilities. The report encourages chief executives to commit to a basic set of Principles for Cyber Resilience, and to take the initiative to improve cyber resilience in their organization.

Deloitte has been working with the World Economic Forum over the past year on the Risk and Responsibility in a Hyperconnected World project to identify and address emerging global systemic risks arising from the increasing connectivity of people, processes and objects. In particular, the project has focused on cyber security as a first priority, working with the private sector and governments to identify pathways to a more secure shared online environment.

Read Risk and Responsibility in a Hyperconnected World – Pathways to Global Cyber Resilience.

•Date: 1st June 2012 • World •Type: Article • Topic: ISM

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