Cyber Resilience Perspectives
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Read morePerspective Cyber risk grows as criminals exploit coronavirus crisis The coronavirus crisis is shuttering schools, businesses, and entire communities in an effort to slow the spread of the pandemic -
Read morePerspective Redefining Enterprise Risk in a Post-COVID-19 Environment The COVID-19 crisis has outpaced the resiliency mechanisms of most global businesses, bringing two related elements into stark relief: First, the degree of businesses’ hyper-connectivity exceeded the comprehension of most organizations. Second, many firms did not account for the risks inherent in the trade-off between efficiency and resiliency. Together, these two dynamics have revealed a degree of fragility within organizations—and indeed, the overall system—previously thought impossible. Whether or not we face a second wave of the pandemic, systemic threats—such as climate change and cyberattacks—demand new approaches to managing risk at the board level. -
Read morePerspective With CCPA Enforcement Quickly Approaching, Now Is the Time to Prepare and Measure its Potential Impact In less than two months, the privacy protections enacted in the California Consumer Privacy Act (CCPA), a first-of-its-kind law for the US, will start to be formally enforced. Businesses — many of which are focusing on the COVID-19 pandemic — have called on California’s attorney general to delay enforcement, citing limited resources because of the pandemic and uncertainty about the law’s final regulations. Whether CCPA enforcement commences as planned on July 1 or is delayed, organizations — including those not based in California but with customers in the state — must prepare for what could be significant financial implications, including potentially severe penalties for noncompliance. Risk professionals and others must quantify their organizations’ exposure to the CCPA and other privacy regulations to articulate potential losses and manage financial risks. While quantifying all risks in financial terms should be a priority, calculating even approximate financial exposures from the CCPA is bound to be complicated due to lack of historical data. Still, companies can assess their potential exposure by taking the following three actions. -
Read morePrespective Cybersecurity After COVID-19: 10 Ways to Protect Your Business and Refocus on Resilience In the wake of the COVID-19 pandemic and the resultant implementation of social distancing directives, altered business processes, and new economic realities, businesses must review and address their technology infrastructure and cybersecurity measures. -
Read moreReport COVID-19 Risks Outlook: A Preliminary Mapping and Its Implications Economic distress dominates companies’ top concerns, yet leaders must act now to address the knock-on effect of far-reaching environmental, societal, and technological risks -
Read morePerspective We need to start teaching young children about cybersecurity In this era of rapid technological advancement, children need to immerse themselves in technology at a young age in order to start learning the skills they will use throughout their lives. -
Read moreWebinar Cyber Risk in the COVID-19 Pandemic Webinar This webinar looks at the impacts of COVID-19 on the cyber threat landscape -
Read morePerspective Cyberattacks: The Increasing Risk For Retail Cyberattacks are an unfortunate reality and major source of damage in today’s digitally focused business environment. Successful cyberattacks have the potential to cripple companies through significant legal fines, reputational repercussions, and overall financial strain. The financial impact of attacks on retailers have reached hundreds of millions in the past. As retailers increasingly shift to a digital environment — and particularly as COVID-19 accelerates online purchasing — it is more important than ever for retailers to invest adequately in cybersecurity safeguards. -
Read morePodcast We Are All a Firewall During COVID-19 Paul Mee, Partner in Oliver Wyman's Digital & Financial Services joins Charlie Hoban from Oliver Wyman's Health & Life Sciences, to discuss cybersecurity best practices for healthcare leaders operating in a never before seen pandemic mode -
Read moreWebcast Winning The Digital Transformation Race Traditional businesses, especially those threatened by competition from technology companies, must adapt through digital transformation to stay in the game and be successful. This imperative has acclerated with the he emergence of COVID-19. But as traditional firms aim to transform, they must overcome the challenges associated with decades-old approaches, legacy systems, deeply embedded processes and capabilities, and deliberate execution and decision-making cultures. -
Read morePerspective Cyber Risk Grows as COVID-19 Spreads With millions of employees now working remotely, security and IT teams subject to new and heightened demands, supply-to-demand volatility, and escalating psychological stress, cybercriminals have begun to actively exploit this crisis -
Read moreEvent Building Digital Resilience in the Energy Transition Webinar Series 2020: March 10, April 21, June 2 -
Read moreReport Winning the Cyber Risk Challenge Digitalization is outpacing cyber defenses, presenting paramount risks to Energy/Power sector’s critical assets. The increasing exposure to more sophisticated cyber adversaries is further complicated by internal and external risk vectors -
Read moreReport The Global Risks Report 2020 The 15th edition of the Global Risks Report, published by the World Economic Forum with support from Marsh & McLennan, provides a rich perspective on the major threats that may impact global prosperity in 2020 and over the next decade. The report draws on feedback from nearly 800 global experts and decision-makers who were asked to rank their concerns in terms of likelihood and impact. -
Read morePerspective Intensifying Confrontations and Deepening Long-Term Threats: The Prospects for 2020 and Beyond The new decade holds immense promise for societal, economic and technological advances. At the same time, as highlighted in the 2020 Global Risks Report prepared by the World Economic Forum with the support of Marsh & McLennan and other partners, the world faces intensifying confrontations between and within countries, as well as escalating long-term threats from climate change and biodiversity loss. Emerging technologies are also amplifying some short-term risks and creating new risks, for example, with the increasingly pervasive deployments of artificial intelligence. -
Read morePerspective The Seven Most Pressing Challenges Facing Cybersecurity What are the obstacles to mitigating cyber risk?
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Due to re-opening when cases were still on the rise or mistaking where they were on the curve, some states still haven't hit their first #COVID19 peak, let alone the second peak. Learn more via @OliverWyman : https://t.co/Fzkt8pYrBb #health #economy https://t.co/QIGKNcNhLG
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