YOUR CYBER RISK READINESS IQ

Business Strategy
Implications

Seize the opportunity to embrace change AND defend against vulnerabilities

DefenseStorm

REDUCE CYBER RISK AS YOUR
DIGITAL OPERATIONS EVOLVE

The strategies put in place to support the growth and profitability of your institution create constant change and can have short and long-term ramifications for cyber risk. Similar to how you manage other risks, they are best addressed proactively before an issue arises.

Evaluate your Cyber Risk IQ

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Business Strategy Implication

Key Takeaways

Highlights from the PwC 2023 Global CEO Survey and what it means for you.

40% OF CEO RESPONDENTS (FINANCIAL SERVICES) SAY THAT WITHOUT TRANSFORMATION, THEIR ORGANIZATIONS WILL BE FINANCIALLY UNVIABLE IN A DECADE.

The inability to innovate could lead to failure to survive. Becoming proactive with cyber risk helps enable the digital innovation you need.

48% OF THOSE SURVEYED ARE INCREASING INVESTMENTS IN CYBERSECURITY OR DATA PRIVACY TO COUNTERACT DISRUPTIONS, INCLUDING GEOPOLITICAL CONFLICT, IN THE ECONOMY.

Cyber resilience generates customer trust and loyalty. Without both, you risk greater regulatory scrutiny, a higher chance for fraud and increased likelihood your customers will go elsewhere.

76% OF COMPANIES ARE AUTOMATING PROCESSES AND SYSTEMS, WHILE 69% ARE IMPLEMENTING SOLUTIONS INCLUDING CLOUD, AI AND OTHER ADVANCED TECHNOLOGIES.

To survive and thrive, you must invest in digital transformation. Planning for cyber risk needs to happen simultaneously and not after implementation, when it can be too late to prevent or detect a breach.

DOWNLOAD OUR REPORT FOR MORE INFO ON CYBER RISK

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How does your FI measure up?

Take this quick self-evaluation to understand your cyber risk readiness and how you stack up against your financial industry peers.

The outcome will help you identify areas where you are strong or where you have vulnerabilities or gaps and provide tangible recommendations for improving your cyber risk maturity.

Evaluate your Cyber Risk IQ

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ABOUT THE CYBERSECURITY BENCHMARKING REPORT

In late 2022, DefenseStorm surveyed information security and IT professionals across the US. The goal was to benchmark the progress that companies are making against five components of effective cyber risk management. Based on their survey responses, respondents were grouped into four maturity levels:

Starting

Starting

On the ground floor, with significant room for improvement.

Developing

Developing

Average performer, with basic capabilities and much room for improvement.

Optimizing

Optimizing

Above-average performer, with solid capabilities and some room for improvement.

Leading

Leading

Among the top performers, with established best practices and limited room for improvement.