Leadership Solutions

Security Barometer - What is the Driving the Disconnect with the C-Suite?
Top Risks 2014 A recent survey conducted by the Risk and Insurance Management Society (RIMS) and Marsh LLC found the following top risks in 2014 as determined by the C-Suite respondents compared to risk professional respondents:

C-SUITE TOP RISKS: RISK PROFESSIONALS TOP RISKS:
1) LEGAL OR REGULATORY SHIFTS 1) DATA SECURITY / PRIVACY
2) LITIGATION OR CLAIMS 2) ECONOMIC CONDITIONS
3) REGULATORY COMPLIANCE 3) BRAND / REPUTATION
4) BRAND / REPUTATION 4) NATURAL DISASTER
5) ECONOMIC CONDITIONS 5) REGULATORY COMPLIANCE
6) WORKFORCE HEALTH AND SAFETY 6) LITIGATION OR CLAIMS
7) BUSINESS CONTINUITY / CRISIS MANAGEMENT EXECUTION 7) LEGAL OR REGULATORY SHIFTS
8) TALENT AVAILABILITY 8) TECHNOLOGY / SYSTEMS FAILURE
9) COMPETITORS 9) SUPPLY CHAIN VULNERABILITY
10) BUSINESS DISRUPTION 10) BUSINESS CONTINUITY / CRISIS MANAGEMENT EXECUTION
Published in "SPECIAL REPORT: EXCELLENCE IN RISK MANAGEMENT XI. Excellence in Risk Management XI, Risk Management and Organizational Alignment: A Strategic Approach " Analysis of Marsh/RIMS survey results. 2014.  Extracted from website: http://www.rims.org/RiskKnowledge/RiskKnowledgeMain.aspx April 30, 2014

While we all talk about aligning security with the business, the list of top risks shown above do not appear to be demonstrating a close agreement on risks among the two groups.

Is there a disconnect? What is the reason for this apparent discrepancy?

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