Elevated Risk

Deck: 

In an open letter to directors, IBM’s energy security lead recommends appointing a senior executive with authority to effect cultural change.

Fortnightly Magazine - April 2013
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Dear Mr. or Ms. Director:

"Some utilities have attempted to be more proactive about cybersecurity, but have run into organizational stovepipes." – Andy Bochman, IBM

Cybersecurity measures and risk management aren’t new concepts for utility companies. The company whose board you serve has implemented strategies to protect the organization. However, from what we have seen in the market, more needs to be done.

IBM is taking a fresh look at the organizational structure and accountability within utilities, and considering how lessons learned in other industries can help utilities address the risks inherent in modernizing their business operations with advanced IT and communication technologies.

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