NANCY PAVLOVIC
THE MANY CHALLENGES OF MANAGING RISK AND RESILIENCE By Nancy Pavlovic, Director at PAVLOV GROUP We are part of a global ecosystem in which cyber risk is a complex issue embracing data access, storage, usage and more. Data can reveal a lot about every individual. We live in a knowledge economy. Many of us are becoming digital natives while others remain innocent novices. Yet we are only now waking up to the value of our data, value long recognised by those in marketing and sales. They have been analysing our data for years, using it to understand our motivations and influence our buying patterns. Data comes in many forms and can be used for many different purposes. It can be used to change lives. Data is empowering. We all need to know who has our data, what it is used for and for how long it will be retained. More importantly, we need to be notified when our data is breached. Cyber risk has many facets and can impact us in different ways. The World Economic Forum’s (WEF) 2022 Global Risk Report ranked cybersecurity as one of the top five risks. Risk is a universal issue, defined and described by a common language, but one with many industry-specific dialects, all seeking
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W O M E N I N S E C U R I T Y M A G A Z I N E
J A N U A RY • F E B R U A RY 2023
