Integrate Cybersecurity Into Your Virtual Teams
Cyber threats are growing, and even more dangerous is that their complexity has increased—as has their frequency. Additionally, the overall costs of successful cyber attacks on organizations have also been on the rise.
Why is this of concern to project managers? Cyber threats are becoming more impactful on an organization’s programs and projects. As such, an increased number of program and project managers must take steps to mitigate these risks. That demands they team up with cybersecurity professionals and gain a basic understanding of these threats.
They must also be aware of events and developments that increase the risks on their initiatives. Additionally, PMs should understand a few potential actions that can reduce the risks to their initiatives—and be aware of the potential implications of a successful cyber attack. That is the goal and objective of this article.
Software errors and vulnerabilities have become common. When left unaddressed, outdated systems are frequently attacked. Today, many continue to use that outdated software and leave themselves vulnerable to cyber attackers. This is a risk that must be managed.
The most recent estimates of cost resulting from cyber breaches in the United States was just over $8 million USD per event in 2020. Back in 2019, the average cost of cyber breaches in the Middle East was just shy of $6
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