Cyber security begins a shift to the risk department
Normally the province of IT, cyber defence is increasingly seen as a critical part of operational risk
Those who are paid to worry are converging on a similar thought: cyber risk is too important to be left to IT.
In tech departments, unsurprisingly, the view is different: suits who model risk have neither the skills nor the alacrity to deal with real-world, moving-target cyber threats.
Either way, the two sides are already seeing a lot more of each other. Some banks, cognisant of the financial and reputational hazard cyber breaches represent, have been seeding risk departments with hardcore
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