The digital business era has provided businesses endless ways to innovate, but perpetrators quickly find security gaps they can capitalize on

An IDC survey showed that 65% of Asia/Pacific enterprises experienced ransomware attacks/breaches that blocked systems or data access. 83% of the compromised businesses suffered business disruptions and downtime ranging from over a few days to a few weeks, resulting in not just monetary losses but also digital trust.

Every business is always at risk

Cyber attacks are becoming increasingly bolder. Anyone at any time could be their next target.

The threat landscape has also expanded as digital businesses and hybrid work quickly become the norm. The shift toward perimeter-less digital workplaces, he added, has spurred organizations to provide end users and customers with seamless connectivity, increased bandwidth, and lower latency, while juggling the need to enhance security. Yet, businesses often fail to account for the risks and the required security investments associated with digital and network transformation.

Security is a business strategy, it is beyond IT

This reinforces that security is no longer optional and limited to IT but a part of the broader business strategy. To ensure the effectiveness of an enterprise’s security, C-suites and board-level leaders must take the lead in building a security-first mindset and culture.

    • Chief Executive Officers must create a culture of security within the business and keep up to date with critical cybersecurity concerns and are knowledgeable of the issues and associated opportunities.
    • Chief Operating Officers must guarantee that all parts of the business are working together to deliver the same goal reviewing and rejecting fallible, sub-par solutions and instead look to incorporate new and innovative approaches.
    • Chief Finance Officers must lend reasonable support to initiatives aimed at protecting the business working closely with cybersecurity professionals to understand risks.
    • Chief Marketing Officers must manage confidential data in compliance with the principles of cybersecurity including customer data.
    • Chief Human Resource Officers (CHRO)/ Chief People Officers must provide best ways to manage, oversee and train people about all critical elements of strong organizational security.
    • Chief Revenue Officers must ensure that sales staff are aware of their responsibilities to be GDPR compliant in lead generation and apply basic security practices to their outreach.

First security conference in Asia focusing on strategy perspective

IDC Asia/Pacific presents IDC Security Masterminds, a conference that highlights security as an organizational strategy beyond IT. The conference scheduled on August 3 at Pasir Panjang Power Station invites the whole of C-Suite, directors, VPs and senior managers to understand their roles in strengthening cybersecurity strategies and explore solutions to uplift their cyber capability.

Developing a Safe Cyberspace for a Trusted Digital Economy

Cyber threats multiply fast as we move closer to a Digital First Economy and Society. Veronica Tan, Director of Safer Cyberspace at Cyber Security Agency of Singapore (CSA) presents why cybersecurity is not just a technical issue, but also a business issue, and how organizations should build a culture around promoting cybersecurity awareness.

Preparing the Board for New Cybersecurity Regulations

As a governing body, the board must be updated with the evolving cybersecurity landscape and the risks it imposes on the organization. Catch Charmian Aw, Partner at Squire Patton Boggs for the latest updates on cybersecurity regulations, compliance policies, and risk mitigation procedures at IDC Security Masterminds.

Witness a hacker in action live on stage

White hacker Jayson Street, a professional penetration tester who helps banks strengthen their cybersecurity strategies by finding security holes, will demonstrate how easy it is for hackers to steal an audience data on stage by sending out an attack. Live on screen, this process will help delegates understand how hackers work, think and act to steal data, disrupt processes and cause damage to businesses.

Everyone is responsible

Join IDC Security Masterminds to gain insights on the role you play on the overall security strategy of your organization and help defend your company from financial and reputational damages.

Register today and gain access to thought provoking content by IDC, IIAR> Analyst Firm of the Year 2022. The learning sessions will dive deep on AI, automation, customer experience, upskilling, security metrics and more. Meet your fellow security masterminds and discuss opportunities for partnerships and investments.

To save a seat or to check out the agenda, please visit IDC Security Masterminds.


Cyber attacks are increasingly bolder. This reinforces that security must be part of the broader business strategy. On August 3, IDC Security Masterminds brief C-suites and board-level leaders how to take the lead in building a security-first mindset and culture.