IT and the C-Suite: Come Together, Right Now, Over Cybersecurity | Fortinet Blog

Security has typically fallen under the purview of IT, but it’s time to elevate it to a C-suite level discussion. Seemingly every time we turn around there’s something in the news or on social media about high-profile companies like Target, Sony Pictures, Home Depot and JP Morgan Chase experiencing data breaches -- making them almost commonplace and lowering their shock value as a result. Yet, that’s a compelling reason why organizations need to come together and discuss how to protect their network infrastructure. It’s no longer an IT issue. Here’s an eye opener. The average cost of a security breach to an organization was $3.5 million in 2014, up 15% from what it cost in 2013, according to the Ponemon Institute.

Don’t think it can’t happen to you. In 2014, there were 783 reported, known data breaches. This represents a 27.5% increase over the number reported in 2013, according to the Identity Theft Resource Center. As organizations adopt new and emerging technologies, embrace BYOD, and race into the Internet of Things, their attack surfaces only increase.

IT and the C-Suite: Come Together, Right Now, Over Cybersecurity | Fortinet Blog