Cybersecurity — and cybersecurity reporting — is an organization wide responsibility that doesn’t just fall on IT. C-suite leaders, IT teams, internal audit departments, and risk/compliance teams should all play a key role. Following high-profile incidents like the Change Healthcare breach and its overt impact on the healthcare industry, more organizations have come to realize that cybersecurity needs to be at the forefront of C-suite leaders’ agendas.
Organizations today face an ever-increasing barrage of cyber reporting requests from customers, prospective customers, insurers, corporate boards, partners, and regulators. Without a formal process to manage cyber reporting requests, many organizations face overwhelming workloads due to the sheer variety of compliance frameworks and potential overlap in these requirements. To add to that, organizations often lack individuals with the needed skill sets (or capacity) to properly undertake cyber compliance and reporting initiatives.
