The pace of adoption of new technologies and digital business models is increasing at unprecedented speed. To stay ahead of the curve and reap the benefits technology has to offer, organisations have embarked on a digital transformation journey. As a result, organisations are exposed to new digital vulnerabilities which need to be managed to safeguard resilience. While the business has become digital and is thus dependent on technology, making an effective approach to cybersecurity more important than ever.
To keep up with the rapidly evolving technology and business services landscape, the cybersecurity and risk management functions need to transform and digitise the way risk management is performed. Doing this efficiently and effectively requires re-thinking the cyber risk strategy and all the related functions to ensure the cyber risk mitigation effort is in line with the digital ambitions of the organisation. maintain stakeholders' trust, user friendly cybersecurity and IT risk practices must be seamlessly integrated into everything we do.
Securing the value your company delivers and prioritising efforts to mitigate where you run risks requires executive steering. To enable businesses to create and retain their value creation cyber strategies need to be tailored to maximise the speed at which digitally powered initiatives are brought to the market. Understanding the business in the value it generates and how this is generated is essential to understand risks and propose correct mitigating efforts.
We support organisations by tailoring the cyber risk strategy to the business strategy to ensure we focus on the key services where the largest value is at risk. We help implement this strategy by aligning all risk mitigating capabilities to be geared at protecting the business value. We can do this for all of the cyber strategy through execution for all operational cyber capabilities to maximise alignment. Alternatively we can help you select which capabilities the organisation would benefit most from the value at risk perspective and start with those.
Multiplying cyberthreats have made an effective cyber security program a critical business requirement. PwC’s Cyber security and Privacy practice helps...
Renewal without technology is unthinkable. Do you want to know more about digital transformation? Contact us.
Dutch organisations seem more uncertain about value of the efforts of their cybersecurity teams. To find out why, read the PwC study 'Digital Trust Insights'.