In today’s e-tailer and retailer commerce industries, an overwhelming amount of data is collected on consumers, buyers and potential customers. Information is collected, stored and archived later for sales, business and product development initiatives. The occurrence of being “hacked” is a common and very real fear for companies in all markets, and consumers are demanding cyber-security as a new business imperative for organisations.
Information breaches and exposure of customer data have hit every sector from retail to entertainment, politics, industrial, infrastructure and many others. This has also led to the rise of the “CISO” (Chief Information Security Officer) role and an increased focus on business risk in the Boardroom.
MERC Partners and IIC Partners’ latest White Paper, “Minimizing and Managing Cyber Risk With Digital Leadership”, explores the emerging leadership roles responsible for analysing consumer data, cyber security and driving digital assets across the business. As digital rapidly evolves into its own business unit for many companies, executive teams must evaluate the opportunities and mitigate the risks presented by big data.