Orchestrated by Recyber, Panelists Cover Corporate Responsibility and the Need for Better Organisational Governance Around Cyber Risk
Lausanne, Switzerland – 19 September 2022. Recyber (Formerly Assured Cyber Protection), a leader in the delivery of cyber risk management solutions, has convened an influential delegation of thought-provoking speakers, to elevate the narrative on cyber security to the highest level. The first ever Cyber Resilience Summit to be hosted by the Financial Times (FT), “Navigating Risk in a Digitally Connected World,” is taking place at the Beau Rivage Palace hotel in Lausanne, Switzerland, between 21 – 23 September.
Former US President Bill Clinton, alongside prominent speakers from the European Commission, cyber security agencies and the private sector will discuss the need for a unified response to tackle cyber threats and propose real-world solutions that strengthen and reinforce the future of cyber safety.
“Cyber resilience must be a strategic priority for senior leadership, but only 13% of boards have a member dedicated to cyber security today,” said Mitch Scherr, Chief Executive Officer at Recyber. “Alongside the escalating geopolitical crisis, rapid digitalisation presents unprecedented risk to our most critical systems and infrastructure. We seek to create better resilience for global business, by elevating cyber to the board level to drive organisational change and engender better cyber risk practices.”
On Thursday, 22 September, at 10:10am, Mitch Scherr, Jeanne Boillet, Global Assurance Leader at EY, Akshay Joshi, Head of Operations at the WEF’s Centre for Cyber Security and David Duffy, CEO of the Corporate Governance Institute will participate in a panel, moderated by Dan Thomas, Chief UK Business Correspondent at the FT, discussing digital stewardship.
Building cyber-resilient systems is not a technology issue, but a business issue and an urgent priority for the board. Business leaders must understand the threat landscape, and keep abreast of emerging risks, to steer their organisations to success in a rapidly changing digital age. The panel will focus on the critical importance of good digital governance and stewardship, protecting brand reputation in the case of a cyber breach, and how technology and data visualisation can be deployed to aid decision-making at a board level.
In addition to founding and orchestrating the cyber resilience summit in Lausanne, Recyber has recently formed a partnership with Association Romande des Hôteliers (ARH) in Switzerland, to conduct cyber risk assessments and deliver cyber risk solutions to their extensive membership. “Such initiatives raise awareness of the criticality of cyber security in the services’ sector” said Andrew Clarke, Chief Strategy Officer at Recyber, “hospitality is key to Switzerland’s economy, so ARH is making an important contribution here.”
According to Recyber’s research, half of hospitality companies have suffered a cyber-attack in the last 12 months and 23% have knowingly avoided an attack due to their enhanced cyber protection.
“We are delighted to be working with Recyber as our exclusive cyber risk management partner. Cyber safety is of paramount importance to protect hotels’ guests, their staff, and their reputation. Recyber’s Cyber Risk Evaluation identifies cyber vulnerabilities so that hotels can make informed choices when prioritising their security expenditure. In ACP, we have found a trusted partner with specific experience in the hospitality industry,” said Alain Becker, Director of Association Romande des Hôteliers (Hotellerie Suisse).