Analysis: Cybersecurity Managers Fear ‘Catastrophic’ Cyber Event Now Likely Within Two Years

By John E. Dunn In a fully digital world, organizations are no longer isolated islands. It seems the profession is finally coming to terms with the dark possibilities. What’s the worst thing a bad cyberattack could do to an organization? Five years ago, most business managers would have cited business disruption, reputational damage, or regulatory fines as their top worries. Now interviews with business managers and cybersecurity professionals by the World Economic Forum (WEF) have revealed that managers worry about something far worse – the near-term possibility of a catastrophic cyber-event beyond their control. According to the Global Cybersecurity Outlook…