Strategising cybersecurity: Why a risk-based approach is key

By 2027, cybercrime could cost the global economy nearly $24 trillion. Businesses often find themselves at the sharp end of this challenge, and, as such, cybersecurity is a critical aspect of the modern business landscape. Cyber threats are multiplying and pose serious financial, legal and reputational challenges to organizations.

Modern and effective cybersecurity management entails more than managing technology risk; it encompasses managing business risk. Organisations must recognise cybersecurity as a strategic imperative integrated into their overall risk management framework — and this can be done at the board level.
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