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Cyber Risk Has Executive Attention. So Why Isn’t That Enough?

I work with executive teams who understand that cyber risk isn’t just a technical issue. It’s a business problem. They know what’s at stake: revenue, operations, reputation, and long-term trust. 

Cyber risk is now part of boardroom agendas, strategic planning, and investor calls. That’s progress. But visibility doesn’t mean alignment. 

Security efforts still get siloed. Risk decisions are delayed or delegated. Leadership assumes someone else is handling it. Usually, someone is. But not always in a way that protects the business. 

Cyber risk is a business risk. It affects continuity, customer confidence, regulatory standing, and competitive edge. Yet many organizations continue treating it like an IT function. It’s something to monitor on a dashboard or clean up after a breach. 

Metrics matter, but they’re not enough. Managing cyber risk means embedding it in daily operations. It’s not about who owns the dashboard. It’s about who owns the outcome. 

This starts with one fact: cyber risk hits the bottom line. If your strategy doesn’t reflect that, you’re playing defense when you need to be playing offense. 

Cyber Risk Hits More Than IT Budgets 

The cost of a cyberattack isn’t theoretical. In 2024, IBM reported the average cost of a data breach reached $4.88 million. That doesn’t include delayed revenue, paused contracts, or the reputational fallout. 

I’ve seen organizations treat cybersecurity as just another IT expense until ransomware stops production or a vulnerability exposes client data. When that happens, the impact isn’t isolated to servers. Deliveries stall. Contracts freeze. Trust erodes. 

The threat landscape has shifted. Attackers now target third-party vendors, cloud environments, and weak spots across the supply chain. These events aren’t isolated. They disrupt operations across sectors. 

Boardroom awareness helps, but action is what moves risk off the books. Managing cyber risk requires the same discipline applied to legal and financial oversight. Security has to align with business outcomes before a breach forces the issue. 

And alignment has to hold under pressure. Resilience is built before the crisis, not during it. 

Operational Resilience Depends on Cyber Readiness 

One company I advised logged a critical vulnerability and flagged it for three years. It showed up in every internal audit. But it didn’t ding their compliance status, so it was ignored. Eventually, attackers exploited it, and client data was exposed within minutes. 

The controls were in place. The failure was in prioritization. 

Cybersecurity threats move fast. They don’t wait for a convenient time to show up. Ransomware, unauthorized access, and supply chain disruption outpace incident response plans. If your security posture isn’t tied to business-critical operations, the impact escalates. 

That’s why the World Economic Forum lists cyberattacks among the top global business risks. It’s also why cyber risk appears in the latest PwC CEO Survey and Deloitte’s Risk Management Survey. 

Resilience has to be built into the business. It can’t be added later. 

Compliance Is Not a Security Strategy 

Passing an audit doesn’t mean you’re secure. I’ve worked with companies that pass every review and still fall to known threats. Why? The vulnerabilities didn’t affect compliance, so they weren’t addressed. 

Frameworks like the NIST cybersecurity framework and PCI DSS 4.0 are raising expectations. It’s no longer enough to document policies. You need evidence that risks are being identified, prioritized, and addressed in the context of your business strategy. 

Risk avoidance is not risk management. And compliance alone won’t protect your reputation in a crisis. 

Owning your security posture isn’t an IT function. It’s executive leadership’s responsibility. After a breach, no one asks for audit reports. They ask why leadership didn’t act. 

Trust and Brand Are on the Line 

We’ve all seen the fallout. A breach makes headlines, and suddenly customers, partners, and investors are all asking, “How did this happen?” 

The answers sound familiar: missed patches, untested controls, buried alerts. What gets overlooked is the real loss—trust. When customer data is exposed, trust takes the hit. Trust is what drives renewals, referrals, and long-term contracts. 

Sure cybersecurity is about uptime, but it’s also about brand integrity. 

Cyber Risk Now Has a Permanent Seat at the Leadership Table 

I’ve been in boardrooms where the CISO raised clear, urgent risks and still didn’t gain traction. Not because the leadership didn’t care, but because the message got lost in translation. The CISO was talking at the board instead of with them. 

Boards don’t move on patch stats. They move on business risk. When security stays buried in tech speak, its urgency fails to register at the executive level. 

That’s the disconnect. Cybersecurity doesn’t need louder alarms. It needs better translation with a clear mapping between threat and business impact. 

That’s why we built SAINT VRM. It helps CISOs and security teams surface the risks that matter most, in terms that decision-makers understand: financial risk, operational risk, and reputational risk. 

Cyber risk is a leadership challenge, not a tech issue. And leaders can’t own what they don’t understand. 

From Recognition to Ownership 

Cyber risk is already part of your business. The only question is whether your leadership structure reflects that. 

The best-prepared organizations treat security as an essential part of protecting revenue, maintaining continuity, and preserving trust. They purposefully elevate it from being a one-time initiative or a compliance checkbox.  

Because when a breach hits, it’s not just about the systems. It’s about the business and whether leadership was ready. 

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Diane Reilly, President

Diane has 30 years of experience delivering IT services to government and commercial clients. She also has more than 27 years of program management experience, managing projects across the IT spectrum, including large and complex systems. She has specialized experience in cybersecurity, risk management, change management, data integration, and IT capital planning and investment control. Diane is responsible for selling, managing, and developing new business concerning management consulting and cyber services in the federal marketplace and industry. Her duties include preparing corporate bids and proposals, program development, staff development, and maintaining customer relationships. She is responsible for overseeing and delivering operations for all management and IT security consulting projects across the company. She holds a bachelor’s degree in Management Science and Decision and Information Sciences from the University of Maryland.

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