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Businesses must be able protect their assets, including data and people (from themselves and from others) as the cost of lost or stolen data can be crippling (see graph below). For example, the 1 billion passwords stolen from Yahoo!, the WannaCry malware, the theft of thousands of sensitive employee information from the Department of Justice.

Examples of businesses not being able to protect themselves from cyber threats or human error are numerous. Just focusing on IT security is no longer sufficient. Most businesses have basic cybersecurity measures to protect themselves but few are genuinely cyber-resilient.Ĭyber-resiliency requires a longer-term, sustainable approach to business risk. Cybersecurity has a narrower, technical focus and can be binary – either you have a lock on the door or you do not. It is an evolving perspective that essentially brings the areas of information security, business continuity and organizational resilience together. It is an approach to consider all the issues that occur before, during and after a system has encountered a threat or adverse event. However, there is a world of difference between cyber-resilient and cybersecurity.įor starters, cyber-resilience is a mindset. “ What’s in a name? That which we call a roseīy any other name shall smell just as sweet”. Whenever I see IT professionals interchangeably use cyber-resilient and cybersecurity, I am reminded of this famous line from Shakespeare’s immortal classic Romeo and Juliet:

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