HBR IdeaCast

Why Cybersecurity Isn’t Only a Tech Problem

Dec 3, 2019
Thomas Parenty and Jack Domet, cofounders of Archefact Group and authors of a HBR Press book, challenge conventional views on cybersecurity. They argue that organizations should treat it as a core business issue, not just a tech problem. Key insights include the need for leaders to engage beyond IT, understand diverse risks, and employ interdisciplinary strategies. They emphasize enhancing internal capabilities and fostering collaboration between non-technical managers and cybersecurity teams to bolster resilience and effectively combat emerging threats.
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INSIGHT

Cybersecurity's Fundamental Flaw

  • Many companies prioritize fixing individual technical vulnerabilities.
  • This approach fails to protect core business activities, which is the primary goal.
ANECDOTE

Target's Breach

  • Target was compliant with payment card security standards when hacked.
  • This shows compliance doesn't equal adequate protection.
ANECDOTE

Ineffective Investment

  • A financial services client spent $3 million yearly on cyber threat intelligence.
  • However, this yielded no actionable changes in cybersecurity strategy.
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