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How to keep cyberattacks from tanking your balance sheet

How to keep cyberattacks from tanking your balance sheet

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CyberProof’s guide on preventing cyberattacks from impacting financial stability emphasizes viewing cybersecurity as a strategic business enabler. A cyber risk balance sheet helps boards quantify risk, align security with business objectives, and make informed decisions about organizational cyber health. According to the World Economic Forum, 37% of organizations agree that quantifying risk improves management. By integrating cybersecurity into governance and illustrating its business value, companies can lower costs, mitigate risks, and protect their balance sheets from the financial impact of breaches.

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