CEO’s Are Taking a Proactive Approach to Data Security

In the last few years, there have been several high-level data breaches at major retailers, financial institutions and other corporations. Experts suggest it’s no longer a matter of whether or not a business might experience a cyber-attack, but when. In this digital era, many chief executive officers (CEOs) are taking an active role in driving security in order to protect customer and corporate data.

In my latest eBook, “Business Leadership in a Tech-Driven World: How CEO’s Can Manage Proactively to Protect Data and Build Customer Confidence,” you will read that approximately 71% of IT security professionals in North America and Europe have indicated their network has fallen victim to a successful cyber-attack. While no business is 100% immune to the threat, leaders can certainly strengthen defenses in order to reduce the risk and more CEOs are taking on this new responsibility. Here’s several tips for taking a proactive approach to guarding against security breaches.

  1. Establish leadership: The CEO can lead security planning by hiring a chief information security officer (CISO) to assess data security and, together, develop a security plan.
  2. Understand the cost of a security breach: Lost business can be a significant cost to a breach and have long-term repercussions. This and other costs need to be evaluated and included in data protection strategies.
  3. Increase security: Cloud technology can support your IT team with adding cutting-edge security features to existing systems. Experienced cloud providers offer more resources than most organizations have in house.
  4. Ask IT these questions: The CEO needs to be hands-on with IT to assess risk, understand internal systems, and with crisis planning.
  5. Institute best practices: Protecting data should be a part of your business culture and considered by every employee that enters and uses data to perform job tasks.
  6. Determine cloud options: Cloud technology provides an opportunity to share the burden of cost and risk with a provider. However, you must also investigate the cloud provider and their team.
  7. Take a proactive approach: Increased accountability, security measures and technology can limit the costs and damage of a data breach.
CEOs can take the next step in strengthening defenses to protect corporate, customer and proprietary data. Download the eBook and contact us for guidance with establishing the cloud security and internal procedures needed to protect data and gain the confidence of customers.

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