Choose from any of our reports and we will be happy to send it/them to you via email at no cost.

  • This field is for validation purposes and should be left unchanged.

Cyber Risk

Risk management usually falls in the domain of the CFO. However IT security often stays within the IT silo. This approach will not work long term; the CFO needs to take charge.

The CFO has to own IT security because:

  1. IT security involves protection of assets, liability exposures and regulatory compliance. This is more than a technical IT matter;
  2. It involves computer systems outside of the company, over which IT has no control;
  3. It involves managing the flows of liabilities in contracts;
  4. Cyber Risk insurance must be negotiated;
  5. Someone above the IT dept has to be concerned about the insider threat from the IT unit itself (the folks with the most access – often complete and absolute access).

See Risk Report – IT Security

Licata Risk & Insurance Advisors, Inc.
137 South Street, Second Floor
Boston, MA 02111-2848
617-451-2140     advice@licatarisk
LicataRisk Advisors is an independent risk management and insurance consulting firm. We are not brokers and we do not sell insurance. We are not connected to any insurance company or product in any way and do not receive commissions. This is an important difference as you will have an expert on your side who is only committed to you.