Expenditures on resilience will help companies reduce downtime, Acting National Cyber Director Kemba Walden said at the Billington Cybersecurity Summit.
Why should businesses invest in cybersecurity?
Investing in cybersecurity can enhance a company's resilience against cyber threats, reduce downtime, and ultimately boost profitability. Acting National Cyber Director Kemba Walden emphasized that businesses should view these expenditures as a way to secure their success and measure returns on their investments in resilience.
How can companies measure the success of their cybersecurity programs?
Companies can measure the success of their cybersecurity programs by assessing the impact of cyber incidents on their profitability and operational resilience. Walden mentioned that understanding how breaches affect stock performance and overall business goals is crucial for evaluating cybersecurity effectiveness.
What steps is the Biden administration taking to enhance cyber resilience?
The Biden administration is actively working to boost cyber resilience through various initiatives, including requests for information aimed at streamlining cyber policies and addressing critical infrastructure concerns. These efforts are part of a broader strategy to enhance the nation's cybersecurity posture and involve collaboration with private sector partners.