Jargon Jailbreak! Unthinkable Risks That Cost Trillions
Feeling secure? Think again. 90% of your company's value rides on tech, but only 2% of insurance covers cyberattacks. That's a trillion-dollar gap leaving businesses exposed.
Our TTU Podcast with Ryan Dodd reveals this unthinkable and shocking truth. He is CEO of Intangic who can be described as cyber risk validation champions. He highlights vividly and graphically how the resilience gap against ever-evolving cyber threats must be bridged urgently.
Ryan says over confidence is a huge, un-acknowledged enemy. Cyber threats are invisible, so they give leaders a dangerously false sense of security. "Most think they're covered," Ryan says, "but they can't see the risk!"
Jargon jailbreak! Cyber and risk managers experts usually speak a geeky language not understood by executives. This siloed approach weakens defences. "Talk to each other!" Ryan urges. There must be cross-functional communication to achieve that. ️
Risk management needs a reboot. Traditional methods struggle with the fast-paced world of cyber threats. "It's a human behaviour game now," says Ryan. Companies have no option but to adapt!
Defence is just half the battle. Be prepared for breaches too. "Plan for when things go wrong," Ryan insists. Regular assessments and understanding the cyber enemy are crucial. ️
Ryan's message is stark: "Stop focusing on some distant, catastrophic event. The real threat is the billion-dollar hits to critical infrastructure happening right now."
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