Shownotes
Some people have the perception that cybercriminals are just bored kids in their parent’s basements, hacking websites because it’s fun. While this is true for some cyber criminals, there are certainly more advanced and sophisticated ones.
In this episode of The Board Success Podcast, we’ll discuss the sophisticated cyber world and how to manage its risks with Eric Pinkerton. Eric is the Cyber Pain Management Advisor of Trustwave, a leading cybersecurity and managed security services provider which focuses on threat detection and response.
On the other end of the spectrum of cyber criminals, there are complex organisations with refined sophistication and prevalence. These are people who use specialised tools and resources often meant to pursue financial gain.
One of the main reasons why cybersecurity risks are pervasive is because a gap exists between the executive team and the board. Some members of the executive team want to look good in front of the board or as Erik would coin it, “gild the lily” rather than making them aware of what’s really happening in the business.
Tune in as Eric shares his expertise on how to deal with inevitable security breaches and how to create defensible positions to ensure companies are safe from all potential cybersecurity risks.
WHAT YOU’LL DISCOVER IN THIS EPISODE:
- Who is Eric Pinkerton and what does he do for a living (01:25)
- The sophistication of cyber criminals (02:19)
- Why the gap between the executive team and the board exist (06:22)
- Questions that will help the board determine the risks of cybersecurity (08:30)
- The importance of conversational skills for the board (15:50)
- How does the board effectively measure cyber management (19:18)
- The dangers of cyber risk management (24:21)
- Quantifying the risks of breaches (29:35)
QUOTES
"Not everything you can measure matters and not everything that matters you can measure." -Eric Pinkerton
"Don't wait until you have a cyber incident until you start spending money on security." -Eric Pinkerton
"You could give directors a thousand questions but the value is going to be around knowing which questions to ask and when to play it." -Sally
