Cyber crime is rife, spurred by hackers who are targeting the financial and consumer data held by companies from the retail to banking industries. Such is the threat posed by cyber criminals that business is being forced to treat the matter as of critical importance. Managing the risks of cyber crime has become a boardroom level topic, as everyone from shoppers to executives become more concerned over their data.
“Cyber security is now a boardroom concern,” says Phillip Hodgins, a principal advisor at KPMG. “Yet, for it to stay that way, executives need a clear understanding of its relevance to their own organization…Too often security measures are seen as restrictive.”
A report published by the World Economic Forum this year estimated a $3 trillion cost to the global economy if cyber security is not taken seriously. The education of business leaders on risk has so far focused on areas of finance. But as companies start to harness the power of technology to fight cyber crime, educational institutes are beginning to dip their toes into the dark world of cyber security.
Does any B-school provides such course or integrated such concern in the syllabus? Probably not ?
Best Regards,
Educate, Empower, Elevate
Prof. Bholanath Dutta
Founder, Convener & President- MTC Global
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