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Why companies need to practice due diligence for cybersecurity

02/09/2021

For years, cybersecurity was considered the business of the IT department. In the corporate structure, it made sense. IT was in charge of the computers and the network, cybersecurity was a computer issue, thus cybersecurity was an IT issue.

No longer. Today, it’s a due diligence issue – with that due diligence taking place internally on the organization’s IT system, and not just externally, as has been done traditionally.

The experience of recent years – in which hackers have wreaked havoc on corporations – has turned cybersecurity into a topic that corporate executives need to take seriously. As a result, companies now spend large sums and expend significant resources to protect themselves from cyberattacks.

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