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C-Suite Cybersecurity Disconnect, Impacting Company Value – EY Study

Posted on April 17, 2025April 17, 2025 By Martin Hinton No Comments on C-Suite Cybersecurity Disconnect, Impacting Company Value – EY Study

The vast majority of cybersecurity breaches stem from human error. Clicking phishing links or using weak passwords are common examples. But another kind of human mistake is putting companies at risk: executive misalignment on cybersecurity. New research from Ernst & Young LLP (EY US) reveals that C-suite leaders often misunderstand the scale and nature of cyber threats. This gap, especially between CISOs and their C-suite peers, may be leaving organizations vulnerable to cyber threats.

Cybersecurity Breaches Decrease Stock Value

EY’s analysis of 96 companies in the Russell 3000 shows a 1.5% stock price drop within 90 days after a cyber breach. These incidents don’t just affect IT—they affect investor confidence and company value.

Ernst & Young (EY) logo featuring bold black "EY" letters with a sharp, angled yellow triangle above, symbolizing upward growth and innovation — used in a cybersecurity article highlighting C-suite disconnect and executive awareness gaps
C-suite Cybersecurity CISOs Sound the Alarm, Executives Miss the Message

The 2025 EY Cybersecurity Study surveyed 800 executives. It found that 66% of CISOs feel today’s threats are more advanced than current defenses. Only 56% of other C-level leaders agree.

More than two-thirds of CISOs worry their executives underestimate the risk. Just 57% of other leaders acknowledge that concern. This divide can cripple a company’s readiness.

Jim Guinn, EY Americas Cybersecurity Leader, urged action with regard to C-suite cybersecurity, “Companies need to move beyond a ‘check the box’ mentality and recognize cybersecurity as a strategic investment, not simply a cost center. It’s time to take the bull by the horns and push for not just the resources but the authority for cyber leaders to build truly resilient organizations. The cost of inaction is simply too high.”

Where Threats Come From: CISOs See Inside Risks

The report found that 47% of CISOs believe insiders, employees, are to blame for cyber incidents. Only 31% of other executives agree. This highlights differing understandings of where threats originate.

On solutions, 75% of CISOs say AI has helped reduce incidents. In contrast, 77% of non-CISOs credit employee training. These opposing views impact how companies set security strategies.

Cyber Budgets Growing—But Are They Targeted Right?

Only 21% of companies currently spend over 10% of IT budgets on cybersecurity. That’s projected to rise to 38% next year. EY stresses that leadership must invest wisely and align cybersecurity with broader business goals.

Other News: C-suite Cybersecurity Gap Leaves Businesses Exposed(Opens in a new browser tab)

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.


Cybersecurity, Cybersecurity Report Tags:AI in security, C-suite, CISOs, cyber breaches, cyber spending, Cybersecurity, EY research, internal threats

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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