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CWG’s CEO urges senior executives to develop ‘cybersecurity readiness’ skills



CEO, CWG Plc., Adewale Adeyipo

The   Chief   Executive   Officer   of   CWG   PLC, Mr.   Adewale   Adeyipo   has   urged   senior-level executives to develop what he called “cybersecurity readiness”, stressing that cybersecurity is now a culture   which must be entrenched   into an organization   as safety, quality, ethics and compliance has been.

Mr. Adewale, while making a presentation at the Director and Future of Business webinar with the   theme: ‘Cybersecurity   &   AI’   last month, also   posed   some   key   cybersecurity   readiness questions for senior leadership in all organizations, both in the private and public sectors.

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Some of these key cybersecurity readiness questions are as follows;

  1. Do you secure suppliers, acquisitions, business partners, and customers with the same rigour as you secure your enterprise?
  2. Are the users of your cybersecurity tools properly trained on how to get the best results from them?
  3. As a business enabler, have you integrated cybersecurity into your business strategy so that your business can safely and securely innovate and grow faster?
  4. Do   you   have   comprehensive   written   plans   in   place   for   incident   response, business continuity and disaster recovery?
  5. Do you regularly practice executing these plans?

He stated that until business leaders find answers to these questions and regularly practice them, managing cyberattacks, which has become a regular occurrence in the corporate world, would become very difficult.

“Upgrading   your   security   is   important, but   there   will   always   be   vulnerabilities,”  he   stated, stressing that all vulnerabilities are not the same. 

Thus, there is  a need to address managerial, organizational, and strategic aspects of cybersecurity by leaders and decision-makers.

Meanwhile, as part of the effort to safeguard the workplace, the CWG Boss has urged senior business executives   to   develop   a   cybersecurity   framework,  as   hackers   are   getting   better   at offence while companies aren’t getting better at defence.

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The framework, according to him, includes   developing   an   organizational   understanding   of cybersecurity   risk,  developing   and implementing the appropriate safeguards.

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“Organizations should be able to develop activities to identify the occurrence of a cybersecurity event, develop activities to take action on a detected cybersecurity event and develop plans to restore capabilities impaired due to a cybersecurity event,” he added.

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