Cyber Risk Symposium. Secure your success.
 

Cyber Risk Symposium – Live poll results

As an observer of the recent census debacle, what do you see as the key cause?

54% of participants saw ignorance/hubris as the key cause of the census failure. This highlights the fact that many organisations don’t have the awareness or knowledge of cyber risk and how to manage it.

 

Cyber risks are a major concern for all businesses, where do you see the largest impact to your business from a cyber incident?

39% of participants saw that brand and reputation would be impacted the most from a cyber incident, and 39% saw business interruption, brand and reputation and customer churn as all having an equally large impact.


What do you see as the most important factor in mitigating cyber risks?

50% of participants see people, policies and procedures as the most important factor in mitigating cyber risks.  This demonstrates that people are starting to realise that technology is only one part of the puzzle, and that the people aspect is becoming more prominent.


Considering the cyber risk landscape is constantly evolving, what to do you see as the next steps for risk reduction?

42% of participants see tightening up existing policies and procedures as the next steps for risk reduction. This is fantastic to see as it means that many organisations already have procedures in place, and recognise that mitigating cyber risk is not a ‘set and forget” activity.