Insurance & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Security

11:46 AM
Connect Directly
Twitter
LinkedIn
RSS
E-Mail
50%
50%

CEO Report Card: Low Grades for Risk Management

Dark Reading's latest community poll shows a stunning lack of confidence in chief execs' commitment to cyber security.

Former Target chief executive Greg Steinhafel would be in good company today if the Dark Reading community had a say in his job performance on cyber security risk management.

Steinhafel, as I'm sure you recall, famously resigned from the retailers' top job this past May, following a data breach of 40 million hacked credit and debit card accounts compromising the names, phone numbers, email and mailing addresses from as many as 70 million customers.

[ How American Family Humanizes Online Communication. ]

In the Dark Reading community, according to the results of our latest poll, members likewise show a stunning lack of confidence in their chief executives' ability to marshal the talent, financial resources, skills and training to defend their companies from a similar attack. Only 16% of roughly 750 respondents gave CEOs an "A" for making cyber risk management a top priority. On the bottom end of the grade scale, 19% blasted execs for an "epic fail" that left company data an open target for hackers and criminals.

[ Read the rest of this article on Dark Reading. ]

Marilyn has been covering technology for business, government, and consumer audiences for over 20 years. Prior to joining UBM, Marilyn worked for nine years as editorial director at TechTarget Inc., where she launched six Websites for IT managers and administrators supporting ... View Full Bio

Register for Insurance & Technology Newsletters
Slideshows
Video