Conclusion: Cyber security and data privacy are currently hot topics at both executive and board levels and security incidents feature in the media on an almost weekly basis. CIOs and executive teams will face increasing scrutiny from their boards with a focus on accountability, risk assessment, reporting and organisational resilience to cyber incidents. Boards are genuinely grappling with how to assess risks and how to ensure that the organisation is sufficiently well prepared to protect and respond appropriately to security incidents, within budget and resource constraints. CIOs and CISOs have a unique opportunity to engage with boards and provide the leadership that is expected, as the move to digital accelerates. In this note we highlight the recent trends and outline some of the key recommendations to practical steps to strengthen your organisation’s ability to protect itself holistically from cyber and data loss risks.

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Philip Nesci

About The Advisor

Dr. Philip Nesci

Dr. Philip Nesci is an IBRS advisor specialising in digital transformation, Cloud strategy and analytics, cyber resilience and risk management, and large scale program management. Philip has an extensive track record as a CIO and an Executive in global commercial organisations such as Shell, Orica and China Light and Power, where he has orchestrated and delivered major organisational transformations enabled by technology. More recently as CIO of Monash Health and the Australian Red Cross Blood Service, Philip has focused on the Health sector and in Government leading a number of programs which have significantly reshaped the customer experience and engagement, underpinned by cyber resilience. Philip’s approach to strategy development and implementation is achieved through strong leadership and extensive engagement with Boards and Executives. Philip’s blend of business and technology experience across a wide range of industries and enhanced by working extensively in Australia, Europe, Asia and the USA, provides him with unique understanding in successfully planning and executing digital strategies to reshape business.