In a competitive corporate world, mostly driven by commercial interests, no stakeholder alone can sustainably identify and address all the cyber threats of the fast‐changing digital landscape. A cooperative becomes need of the hour to improve the overall collective cyber-resilience of the digital ecosystem
Intelligence sharing between stakeholders of cybersecurity is perhaps the most salient challenge that has been hard enough for them to resolve together. If resolved, it would significantly benefit the improvement in cybersecurity overnight. The scale and complexity of the challenge are such that organisations will need to understand cyber-risks caused by threats in minute detail to minimise the annual trillion-dollar loss impact cyber-breaches induce in the Fourth Industrial revolution.
[This article has been published with permission from IIM Calcutta. www.iimcal.ac.in Views expressed are personal.]