Director’s head in the sand approach to cyber threats
When Governance Matters Associate Guy Hamilton came across an article in a recent issue of Harvard Business Review (HBR) that suggested a laxity from directors when dealing with cyber threats, he was astonished and decided to delve a little deeper…only to come up alarmed. Here, he shares his thoughts on this most ominous of governance issues
— Governance Matters (@GovernanceMatt) August 7, 2017
After reading this disturbing report, reflecting on the many malware attacks on businesses and digesting the IT professionals’ view that simply updating systems with the latest patches from the software suppliers would have prevented most infections, I couldn’t but shake my head in disbelief.
If it was that simple, why was it not done?
So I decided to catch up for a coffee with an IT support engineer friend to chat about cyber infections and found his analogy most illuminating. It’s a bit like walking through a house with many rooms and doors, he told me. Locked doors can’t be entered, open ones can – and the same goes for data files. If they’re properly compartmentalised with good access controls, a virus’ ability to spread is greatly limited. Continue reading