Supply Chain Digital Magazine December 2024 | Page 123

OPERATIONS

“ RISK MANAGEMENT MUST BE PROACTIVE

– NOT REACTIVE ”

MANU GOPEENDRAN INDUSTRY ANALYST AND SVP STRATEGY AND MARKETING ,
METRICSTREAM
“ One must consider how important legacy OT assets are to the business ,” he says . “ They are probably responsible for driving revenue and making changes may necessitate taking the system offline to carry out updates .
“ From a risk perspective , going through potential challenges and risk opportunities with the board is essential . Mitigating risks is a business decision – not just an IT or technology decision .”
For CISOs and security leaders , being able to put real-world financial data together on risks and impact will help the business leadership team make more effective decisions around risk .
Manu ends with a profound assessment : “ Cybersecurity measures can ’ t be so punitive that they shut down businesses , but cyber attacks are a real fact of life .
“ Operational resilience must be balanced with operational efficiency . Building a culture of cybersecurity awareness , following security standards and implementing a robust cyber risk management programme are essential protection steps .” supplychaindigital . com 123