Cybersecurity and Managers : Opportunities & Challenges

Grenoble Ecole de Management

**Coffee will be served before the workshop**

Session 365

11:00–13:00, Monday, 12 June 2017 Room M2, ITU Montbrillant Thematic Workshop

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From accountability to strategic asset

The pervasiveness of information technologies is revolutionizing our society, becoming a transparent mediator of our activities. The increasing availability of real-time data concerning events of business significance has opened a whole new range of business opportunities. Innovative business models have emerged for leveraging this digital oil. Organization quickly realized the need of whole new set of resources and capabilities for competing in a digitally transformed world. As new opportunities rise, new challenges emerge, and cybersecurity is in the spotlight. The clear sign that cybersecurity is a central managerial issue is reflected by the abundance of news concerning data breaches and security threats. For example, recently car manufactures faced the novel threat of cyber carjacking, healthcare organizations have become a primary target of data breaches, and retailers still find their POS system compromised. Additionally, the paradigm shift of Industry 4.0 is exposing a whole class of connected objects, infrastructures, and interfaces to cybersecurity risks.

The effects of cybersecurity have now far reaching implication well beyond the single organization, and embracing entire industries and, in some cases, the overall society.

Traditionally, assigned to CIOs, company boards members have increasingly recognized the need for active cybersecurity management to mitigate financial risks. Although most executives are very concerned about cybersecurity, a small number of them is effectively managing it beyond an analysis of costs and risks. Decision makers, agent of change, board members play a key role and should consider cybersecurity as a business accelerator. Cybersecurity requires today a different governance, capable of a proper alignment with business objectives and strategy.

While advocated, only few examples consider that cybersecurity should support firms when competing, support its plans for achieving strategic objectives, and provide those resources for achieving its business strategy.

In this workshop, we will explore the main opportunities and threats raised by an increasingly digital society, and focus on the role of cybersecurity in supporting and enabling organizations’ success.


Nathalie Devillier, and Federico Pigni, Associate Professors, GEM – Grenoble Ecole de Management


Academic Researchers:

  • Nathalie Devillier, Associate Professor to department Accounting, Law & Finance, GEM – Grenoble Ecole de Management
  • Dejan Kosutic, CEO at, DBA GEM – Grenoble Ecole de Management
  • Federico Pigni, Associate Professor to department Management & Technology, GEM – Grenoble Ecole de Management


Private sector expert:

  • Federico Smith, Scalian

Session's link to WSIS Action Lines

  • AL C5 logo C5. Building confidence and security in the use of ICTs
  • AL C10 logo C10. Ethical dimensions of the Information Society

Session's link to Sustainable Development Process

  • Goal 9: Industry, innovation and infrastructure logo Goal 9: Build resilient infrastructure, promote sustainable industrialization and foster innovation