Cybersecurity in many organizations has over the last few years been exposed as kind of a Swiss cheese solution, as cyber criminals have found vulnerable entry points to pull off major hacks costing companies hundreds of millions of dollars. In countless cases, companies have failed to erect strong defenses, or failed to recognize and quickly react to an attack. Clearly, cybersecurity needs to be elevated to the top levels of risk-mitigation strategy, alongside currency risk, natural disaster, and terrorist attacks.
This Oliver Wyman-authored article appears in the latest edition of the MMC Cyber Risk Handbook, (page 65) which contains Marsh & McLennan Companies’ perspectives on major developments, specific industry implications, and strategies to increase resilience.
