Cybersecurity Leadership Principles: Lessons learnt during the COVID-19 pandemic to prepare for the new normal

The world is experiencing an unprecedented crisis that is causing chaos in the global economy, disrupting supply chains, and transforming society. The new reality is accelerating business model transformation at a faster pace than ever before to ensure existential survival in a crisis for which no one was prepared. It is imperative that leaders strategically manage information risks, work towards a culture of shared cyber-risk ownership across organizations, and take a strategic approach to cyber resilience. Effective cyber resilience requires a combined and aligned multi-disciplinary effort to move beyond compliance to cohesive business and digital enablement. The COVID-19 pandemic is having a dramatic impact on society and has forced everyone to become heavily reliant on the internet and its digital economy – what would normally have taken years has now occurred in months. The situation has highlighted the intrinsic systemic issues at the juncture of digital infrastructure, economy, geopolitics and privacy that mainly relate to the unprecedented pressure on the digital architecture and supply chain dependencies. If these are not addressed in a holistic manner, the escalating risks may have a domino effect that is likely to impact critical functions and industry ecosystems globally.