CEO Cybersecurity To-Do List: Sadin on Digital

The Big Themes:

• Wake-up call for boards and C-Suites: What do we hear from victims? “We didn’t think we’d be a target.”
• In our emerging acceleration economy: Firms can’t afford the lost time, the lost revenue/added costs, the hit to reputation a successful attack causes.
• Firms must do six things well: Robust prevention, quick detection, defense in depth, keeping secrets secret, effective repair/restoration, and not keeping your eggs in one basket.
• Manage systemic risk, not just cybersecurity: If someone can waltz in and unplug the firewall, are you secure?

The Big Quotes:

“There's a John Chambers quote that I've used before. There are two kinds of companies: those that have been hacked, and those they don't know that they've been hacked.”

“And if you're an executive and you had trouble understanding that, listen again, because nothing I said is very technical.”

“If your systems are cruddy and 15 years old and not connected, you might be in a full-time hygiene mode.”

This episode is brought to you by BMC Software.

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