On Cyber Security

By Piotr Kaminski et al

The idea that some assets are extraordinary — of critical importance to a company — must be at the heart of an effective strategy to protect against cyber threats. Because in an increasingly digitised world, protecting everything equally is not an option.

The digital business model is, however, entirely dependent on trust. If the customer interface is not secure, the risk can become existential. Systems breaches great and small have more than doubled in the last five years, and the attacks have grown in sophistication and complexity. Most large enterprises now recognise the severity of the issue but still treat it as a technical and control problem.…

These defences, furthermore, are often designed to protect the perimeter of business operations. Our research and experience suggest that the next wave of innovation — customer applications, business processes, technology structures and cyber security defences — must be based on a

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