Despite their high-level positions, senior executives are reportedly the weak link within the company cybersecurity chain that finds that cyber-criminals usually target this known vulnerability.
SCS found that those at the top are guilty of a small amount of grandiosity. They disregard cybersecurity threats and policies underneath the misguided perception that the principles don’t apply to their distinctive positions.
“Professional hackers and adversaries can typically do a radical investigation into a senior executive or board level director, together with full analysis that may entail in-depth observance of the corporate website and associated social media accounts.
Most executives build constant 5 mistakes, according to the report. Senior executives fail to understand that they’re prime targets for cybercriminals, that is doubtless a results of their read that cybersecurity is an IT responsibility that doesn’t have something to try and do with their govt positions.
In reality, though, “IT security has now become the remit of all individuals, especially those in the highest positions of each department and senior executives need to take ownership for IT security best practice in their day-to-day behavior.”
Another common mistake among senior executives is that they believe cybersecurity threats are attacks that happen to the business by some external malicious actor instead of being the results of internal threats or accidents.
Many top executives additionally reportedly believe that a cloud provider is accountable for the backup and security of all data, although they fail to use cloud hosted email firmly.
However, cybercriminals apprehend that high executives usually have privileged access to company data, thus hackers on purpose target their personal accounts.
“Reviewing company policies, with a spotlight on individuals, premises, processes, systems and suppliers can give valuable insights into that areas to enhance, and by championing a ‘security first’ company culture, organizations and their senior executives are well positioned to avoid the high monetary prices, reputational harm and surprising period of time that would result from a cyber-attack or knowledge breach.