Cyber Risk Articles and Insights

Cyber Risk for Business Leaders

Bite Size Security is a short-form article series focused on how cyber risk affects business decisions, operations, insurance, and value. Each piece delivers concise, business-first perspective for CEOs, CFOs, and executives who want clarity without technical detail.

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Hidden security risks that cost businesses a fortune

May 31, 2016

When businesses think of security risks, they usually think of network vulnerabilities or BYOD risks; but when it comes to how cybercriminals can breach a company, there are many more…

Read: Hidden security risks that…

The real reason why organizations aren’t hiring CISOs

May 24, 2016

If you keep an eye out on the latest infosec news, you’re most likely aware of the talk around CISOs and the gap organizations have in filling the position. One…

Read: The real reason why…

Study finds little to no improvement in healthcare data security six years later

May 17, 2016

A recent study by the Ponemon Institute finds that healthcare continues to be a huge target for cyberattack; and as it stands right now, healthcare providers and business associates (BAs)…

Read: Study finds little to…

Verizon data security study shows that companies are missing the mark

May 10, 2016

The recently released annual Verizon Data Breach Investigations Report (DBIR) provides quite a bit of insights into the state of security and why breaches take place. Business executives and IT…

Read: Verizon data security study…

Gartner’s IoT security spending forecast is more than just numbers

May 3, 2016

Recent research by Gartner on IoT security spending foresee that spending will double and reach $547.20 million by 2018. This forecast sheds light on the fact that IoT risks will…

Read: Gartner’s IoT security spending…

Healthcare board members must get on board with cybersecurity before it’s too late

April 26, 2016

An increase in ransomware attacks and recent industry studies keep pointing to how important it is for the healthcare industry to really be on board with cybersecurity. A challenge to…

Read: Healthcare board members must…

The grim truth about data breaches every CEO needs to know

April 19, 2016

The ITRC’s Data Breach List has disclosed that so far in 2016, the number of compromised records has reached 6.2 million; adding to the more than 851 million records exposed…

Read: The grim truth about…

Executive overconfidence in cybersecurity puts everyone at risk

April 12, 2016

A recent Tripwire study, conducted by Dimensional Research, in the energy sector revealed the recurring theme of overconfidence, which is pretty scary when you look at what else the study…

Read: Executive overconfidence in cybersecurity…

Study shows businesses the ROI behind a strong security program

April 5, 2016

The big problem with the CEO and CIO disconnect isn’t only that it weakens security, but also that it negatively impacts business growth. A recent study showed just how influential…

Read: Study shows businesses the…

Security and the Mushroom Principle

March 29, 2016

A recent Ponemon study sheds light on part of the challenges for CEOs and their organizations in taking the right security steps to protect their enterprise. It starts with CEOs…

Read: Security and the Mushroom…

What healthcare organization executives can learn from a $3.9 million HIPAA settlement

March 22, 2016

Recently, Feinstein Institute, a research institution, agreed to pay $3.9 million for a HIPAA settlement; after a 2012 OCR health data breach investigation. A costly expense that could have been…

Read: What healthcare organization executives…

Healthcare continues to struggle with good security

March 15, 2016

Every business has cybersecurity concerns, but one industry that has been seeing the worst of it and that seems to be the least prepared with data security is healthcare. Recent…

Read: Healthcare continues to struggle…

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NCX Group is an independent cyber risk and resilience advisory firm with over two decades of experience supporting business leaders, boards, and deal teams when risk affects value, operations, and decision-making.