To uncover whether the world's leading companies are committed to enhancing their cybersecurity initiatives, Bitglass researched the members of the 2019 Fortune 500 and analyzed public-facing information such as what is available on their websites
"77% of the Fortune 500 make no indication on their websites about who is responsible for their security strategy. Additionally, 52% do not have any language on their websites about how they protect the data of customers and partners (beyond a legally required privacy notice).
The results demonstrate that most organizations lack an authentic, lasting commitment to cybersecurity, with certain industries being less security-conscious than others..."
Check out these five thought-provoking HBR articles, curated especially for CIOs and IT leaders
"Each month, through our partnership with Harvard Business Review, we refresh our business library for CIOs with five new HBR articles we believe CIOs and IT leaders will value highly. These curated pieces are available now through the end of October.
- Why talented people fail under pressure
- Don't be the boss who talks too much
- 7 ways to set up a new hire for success
- How to keep digital distractions from killing your creativity
- Will AI reduce gender bias in hiring?
Read on for details.
No matter how much IT security tech and training is in place, sophisticated, targeted attacks are going to breach company defences, Carbon Black warns
"An Opinion Matters survey of 250 UK CIOs, chief technology officers (CTOs) and chief security officers for Carbon Black has found that many organisations are worried that breaches are inevitable.
The survey, which is part of Carbon Black's Global threat series study, reported that 84% of UK organisations participating in the study said they have suffered one or more breaches in the past 12 months due to external cyber attacks..."
Many companies talk about 'Digital Transformation' but use it in a limited fashion, such as: just turning paper into PDFs or using web tools to communicate to customers, but in the end, the core culture, and even business model has changed
"The scope of digital transformation is wide: In our offering the Digital Directive, we've segmented it in seven major modules (each spans multi-departments), for a total of 60 criteria in how we scan this for companies in our Digital Diagnostic offering.
The seven modules you must analyze include:
- Customer Experience,
- Organizational Alignment,
- Analytics & AI,
- People & Culture and
In the interviews we've completed to generate this list, the most commonly overlooked item is the mindset of workers, managers and leaders to be a 'digital first' culture..."
CIOs from every industry are looking to outmaneuver startups by taking a page from the disruptor's playbook to deliver innovative digital products and services
"If there's one thing CEOs fear these days, it's being Ubered, the dreaded code word that describes how ride-sharing startups have shaken up ground transportation. The fear is so strong that the verb changes depending on the industry, from retail (Amazon.com), to real estate (WeWork), to hospitality (Airbnb), and beyond. But the common denominator for disruption remains consistent: startups that harness cloud platforms and mobile software to deliver digital services more efficiently than less nimble incumbents..."
Delivering a high-quality digital customer experience is becoming a key responsibility for IT leaders, say leading technology executives. AI and error budgets will come in handy
"Whether a company is born digital or has been around for decades, delivering a quality digital customer experience has emerged as a key performance indicator for technology leaders.
So said the CTO at Kayak, the CIO at DBS Bank and the CIO at Adobe, who expounded on this idea during a panel discussion at the 2018 MIT Sloan CIO Symposium. The need for CIO involvement in digital customer experience is straightforward, they said: Customer satisfaction equates to company success, and technologies such as artificial intelligence and cloud are the link between the two..."
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