Forbes December 18, 2023
McKinsey’s annual guidance to CEOs badly missed the mark this year.
In “What matters most? Eight priorities for CEOs in 2024,” the consulting giant touts AI, digital transformation, growth, talent, sustainability and macroeconomic awareness. Astonishingly, the 89-page report uses the word “cybersecurity” just once — and that’s in a tech guardian client’s successful revenue model case example.
Digital era danger has never been higher, as the past year saw an unprecedented level of prominent, extremely disruptive and costly attacks. Insufficient corporate board cyber expertise and new SEC reporting rules only compound complexity.
CEOs simply cannot afford to underestimate cybersecurity, relegate it to “IT project status” or outright omit it from c-suite agendas. The severe and common downside risks include strategy...