This month’s issue of “NACD Directorship”, the journal of the National Association of Corporate Directors, includes an interesting list of the most resilient corporations, so far, in America. It is twelve companies established between 1784 (The Bank of New York Mellon Corporation, the oldest firm within Fortune 500) and 1833 (McKesson Corporation). As part of such an exclusive group there are several industrial companies like E. I. du Pont de Nemours and Company (chemical sector), Colgate-Palmolive Company (manufacturing), Consolidated Edison Inc. (utilities) o CSX Corporation (transportation).
The list illustrated the “Director Dialogue” sessions that the Association recently organized in New York (NY), Chicago (IL) and Scottsdale (AZ), in which it was able to bring together some forty directors of many other companies to discuss about the topic “How to ensure organizational resiliency”.
An enviable example -one more from the NACD- of exercise to make “the business” understand the risks that threaten the feasibility of organizations -today cybersecurity is ahead of them - and their associated accountability.
However, the calm and shared reflection among peers may not be enough. In such cases, it becomes necessary to use other arguments: for instance, showing the business-enabling capability of cybersecurity when it contributes to prevent physical damage to people, the environment or the facilities, bearing in economic losses, if not truly catastrophic situations.
The adoption of best practices and the deployment of technologies that promote industrial control systems and network security will complement the initial awareness.
Technologies such as "smart OT", which promised reward does not always reach the end customer, the Association for the Conservation of Energy (ACE) warns. At best, they facilitate obtaining massive amounts of data that benefit, among other factors, production, maintenance and ultimately the business of industrial operators.
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