Any business leader with prior experience in a corporate acquisition or investor due diligence process knows all about the extreme detail of scrutiny that gets applied, to ensure the company or assets being purchased are
a sound and safe investment. Software source code is reviewed, financial records are scrutinized, open source licenses are examined, sales forecasts are dissected, office leases re-evaluated, and 'data rooms' for massive collection of electronic files are activated to collect details on all of these topics and more.
One of the biggest areas of risk around the value and stability of a business in today's corporate environments, however, is often overlooked - or simply just taken for granted: the high risk (and high probability) of incurring Data Breaches and Cyber Security Attacks.
The data on this topic can't be ignored - in fact, the 2017 Online Trust Alliance report estimates that over 93% breaches could have been ‘easily avoidable’ by applying basic IT industry best practices. This is often an oversight in proper executive leadership, aggravated by short-term priority setting, and lack of proactive participation in cyber risk management. Regardless of the root cause - no organization should consider themselves safe. Saks, Lord & Taylors, Maersk, Equifax, Heartland Payment Systems, JP Morgan Chase, Anthem, City of Atlanta have all been hit by recent data breaches.
So as an Executive on either side of a Due Diligence process, what can you do to educate yourself and take proactive steps to ensure these concerns are addressed during a Due Diligence process?
The Intellection Group offers select executive teams concerned about these topics a C-suite briefing on the current status of cybersecurity. The high level briefing is an excellent way to increase awareness of cybersecurity issues and bring corporate executives to a common understanding of cyber threats and mitigation management approaches.
The executive briefing focuses on 7 main topics:
- 2018 CyberSecurity trends
- Incident reviews of recent cyberattacks in the financial services industries
- Primary threats to financial services industries
- Why financial services is a specific target of state actors and cyber criminals
- Current financial services industry initiatives in cybersecurity
- Best cybersecurity practices for the C-suite
- Methodologies for developing & implementing C-level policies and strategies
The briefing is approximately 2 hours and may be customized for any organization. Pre-reading for attendees includes a white paper entitled “CyberSecurity, Ransomware and Dereliction of Duty”.
If you'd like to learn more, please contact us for a confidential discussion and more information on the Executive Briefing opportunity.