This report seeks to provide perspectives on the global cyber security landscape and track insights on the coming 3 years
The most innovative companies have recognized that cyber security is a customer experience and revenue opportunity, not just a risk that needs to be managed.
They are finding ways to turn cyber security preparedness into a competitive advantage rather than a cost, building security into new products and services at the design stage and realizing that cyber security is not an IT issue: it must work across the entire organization and the ecosystem.
KPMG International recently surveyed over 1,200 chief executives from many of the world's largest and most complex companies and discovered what keeps them awake at night. This new report, a follow-up to the CEO Outlook Survey seeks to provide perspectives on the global cyber security landscape and track insights on the coming 3 years.
Are Canadian organizations ready?
In Canada, we believe there is a false sense of preparedness amongst CEOs. Many companies have incident response programs and have teams in place to act on routine security incidents such as a malware infection, which makes them assume they are prepared. But many of those response plans are generic and aren’t designed to handle a material breach. Organizations should identify, their crown jewels, their breach scenarios and develop response plans to effectively manage them. As organizations change and evolve, breach scenarios and their plans should be updated.
KPMG’s Cyber Team can help an organization be cyber resilient with the end-to-end management of cyber security threats.
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KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.