The only way to get Boards to take cyber security seriously, it seems, is by bringing it back to the bottom line. Which-50 recently hosted a panel event with CyberArk interrogating this very theme, and according to panellist Jim McKerlie, CEO of enterprise performance management SaaS platform Kendo, it’s a matter of talking numbers. 

Boards, McKerlie says, will respond to figures representing the “weighted average cost” of investing in cybersecurity measures versus the cost of a cyber crime occuring, such as a ransomware attack.

In this week’s minicast, McKerlie outlines what would get his attention as a board director, and how IT professionals can clearly outline the risk associated, using the language of the board. 

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