Fri, 20 Aug|
ACMI, Swinburne Studio
Translating cyber risks into business impacts
Time & Location
20 Aug 2021, 6:02 am AEST
ACMI, Swinburne Studio, Federation Square, Flinders St, Melbourne VIC 3000, Australia
About the Event
As digitalisation accelerated over the last 18 months, cyber risk rocketed to the top of the risk register for many organisations. And COVID 19 - fuelled transformation comes on top of growing recognition by boards of the importance of data as a corporate asset.
The increasingly complex cyber security environment involving well-resourced state actors and criminal enterprises, coincides with the hugely expanded presence of digital at the core of business. That means the cost of failure is greater than ever before
This is the environment that boards confront. Yet few directors attain their place on the board due to their cybersecurity capabilities, or even technological expertise. They rely on the expertise of risk managers and information security professionals to translate often complex technical scenarios into business risk.
To help boards and management translate cyber risk into business impact, and to better equip leaders to interrogate the issue of cyber risk, we have assembled a panel of cybersecurity experts.
- Mitra Minai is the Chief Information Security Officer (CISO) at Healthscope, where she is a trusted advisor to senior stakeholders including the board of directors and Risk and Audit Committees.
- Meena Wahi is a recognised digital risk insurance expert, thought leader and entrepreneur. Meena has a demonstrated track record in providing advice on cyber, fraud, data, intellectual property, and reputational risk insurance based on global research and underwriter relationships.
- Claire Pales is the co author of best-selling cybersecurity book The Secure CIO. Claire is the co-founder of boutique advisory firm The Secure Board, is a graduate of the Australian Institute of Company Directors (GAICD) and in 2019 was named a Fellow of the Australian Information Security Association (FAISA).
- Thomas Fikentscher is Regional Director ANZ and is responsible for driving strong customer and partner engagement and expanding CyberArk’s emerging cloud business in the region. He has extensive industry and leadership experience particularly in the cloud domain.
Our discussion has been developed specifically to facilitate the conversations between directors, risk managers and chief information security officers.
The Audience ROI includes;
- What are the real long term costs of breaches?
- How is reputational risk considered with regards to cyber risk appetite, strategy, and/or reporting?
- How is cyber handled in the CEO’s board updates, company briefings, and investor briefings currently ? And is there still largely a compliance mindset.
- What is the relationship between cybersecurity and innovation?
- How frequently is cyber referenced when making business decisions and is it represented in the business strategy and annual report?
- How should boards, or audit and risk committees, proactively focus on emerging cyber risks?
- What are the characteristics of great CISOs (and where should they report)
- Does executive remuneration include accountability for company-wide cyber risk? Should it?
Which-50’s Translating Cyber Risk Into Business Impact senior executive lunchtime panel discussion is sponsored by CyberArk.