T.E.N. Knowledge Base

Cybercon 2019 Presenting Sponsor - PwC

PwC

About PwC

PwC’s accounting practice originated in London well over a century ago. As times changed and PwC expanded worldwide, our commitment to clients never wavered. With PwC, you’re always supported by a global network of more than 236,000 people in 158 countries with one goal: to help your business thrive.

PwC’s professional services, including audit and assurance, tax and consulting, cover such areas as cybersecurity and privacy, human resources, deals and forensics. We help resolve complex issues and identify opportunities across these industries. Learn more at https://www.pwc.com/us/en.html.

Why PwC?

- PwC provides industry-focused services for public and private clients.
- Their experienced staff, combined with their global network, allow them to provide the support you need—wherever you need it, at home and abroad, whatever the size of your organization.
- PwC’s Cybersecurity and Privacy practice helps organizations protect against threats, propel transformation and pursue growth.
- PwC incorporates four key elements to help you take a broader view of cybersecurity and privacy as both protectors and enablers of the business: 1) Strategy and transformation, 2) Privacy and consumer protection, 3) Implementation and operations, and 4) Incident and threat management.

About PwC’s Digital Trust Insights: Raising RQ

PwC has unveiled their new Digital Trust Insights on Raising RQ, centered around how companies can become more resilient in the face of rising cybersecurity issues and trends in order to raise their resilience quotient (RQ). PwC’s Digital Trust Insights study looked into the resilience strategies in over 3,500 firms globally, and have discovered that we are in the middle of a “mindset shift” surrounding what we need to protect our businesses, as well as mitigate and recover from challenges and crises. Furthermore, their study found that the companies with the most mature cyber strategies and who are most resilient against threats—holding a higher Resilience Quotient (RQ)— no longer use a traditional disaster recovery/business continuity model. Instead, they focus on “resilience by design.” This broad approach tactic gains “real-time views of higher-priority processes so that decision makers and responders can react to incidents in concert, with minimal harm to the business.”

How do you build up your RQ in your own organization? According to PwC, there is a three-pronged approach:
- Having visibility into core processes, assets and dependencies in your organization, wherein you gain an understanding of how data assets/processes are relevant to core business services.
- Defining and testing how much disruption your organization can tolerate without crumbling under the pressure and hindering the ability to serve your customers—how much damage impact is your organization willing to withstand, and for how long?
- Building digital resilience by design: the next frontier into restructuring your security strategy and environment so you have responsive, realm-time resiliency.

To learn more about PwC’s new insights study and the new frontier of raising RQ with a resilience-by-design strategy, check out their new Digital Trust Insights and register to meet them at Cybercon this September 25, 2019.

Contact PwC:

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