Such a plan, moreover, cannot merely be delegated to IT departments to deal with on their own, but rather, should also be thought about and planned by business leadership as well. Ultimately, it is management that has to face the media should a cyber attack disrupt firm operations, warns Tan.
THE EDGE SINGAPORE - For FireEye’s Asean vice president Tan Yuh Woei, the biggest question for firms is not so much how much a firm spends on cybersecurity but rather, what they spend their money on. He observes that many clients often spend reactively on cybersecurity products when faced with a particular cybersecurity problem, resulting in an incoherent patchwork of multiple cybersecurity solutions that often lack the synergy to form a secure framework. Consequently, many clients complain that they feel no safer even after shelling out the big bucks on the latest and shiniest kit.
“For cybersecurity, you need to have a plan. If you feel that security is important to you, sit back and think carefully about your existing state of affairs and the future state you want to get to,” says Tan, who encourages clients to exercise greater proactiveness and thought to secure their businesses from cyber threats.
