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This article was written by Megan Stifel, Global Policy Officer at Global Cyber Alliance, and Geoff Brown, head of the NYC cyber command.
Earlier this week, the White House convened leaders of businesses representing technology, energy, finance, insurance and education to discuss cybersecurity. Amidst a raging pandemic, massive forest fires, and a host of other critical issues, this meeting demonstrates cybersecurity is not just a U.S. government priority, but also a priority for business leaders. A recent study indicates that the cost of phishing attacks has nearly quadrupled over the past six years with large companies now losing about $14.8 million annually, or $1,500 per employee, due to cyber incidents.
Though several of the attending companies announced investments and commitments to cybersecurity, attendance at…