The Health Insurer Anthem was breached a couple months ago, resulting in the loss of 80 million customer records. Industry analysts are still talking about Anthem’s cybersecurity practices, but they are missing the forest for the trees.

Equating cybersecurity to digital risk management is a catastrophic mistake. Cybersecurity is only one element of the comprehensive strategy required to effectively manage digital risk across an enterprise.

We know that effective digital risk management contains five key components:

  1. Cybersecurity
  2. Data Loss Prevention
  3. Data Leakage Prevention
  4. Availability
  5. Governance

One aspect that is under-discussed is the massive transition of the technology workforce from “IT business process” people to “Digital” people.

Gartner estimates that digital businesses will require 50% less IT business process workers and 500% more digital jobs by 2018.

Read the complete article on WIRED, SmartDataCollective, and InformationSecurityBuzz.