This year Cisco hosted their first CISO Experience at CiscoLive Barcelona, on 29 and 30 January. The event attracted over 60 Chief Information Security Officers (CISOs) and other senior security leaders, who discussed the topics that are shaping cybersecurity in 2018. In this third and final blog of the CISO Experience series, we share some advice from companies such as Enel, ADP and Cisco on why security is a business issue and how regulations such as GDPR can help elevate it to a boardroom topic. Read our first post in the series here.
In 2017, ransomware attack WannaCry infected computers across 150 countries. According to the Moneywatch news website, the losses from this attack alone could have reached $4 billion. These losses go far beyond the costs of repairing technical infrastructures and fixing outages.