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Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. Although it was not a security event, the symptoms and responses all fall into the various categories of the cybersecurity program for any company. The cost to Delta Airlines alone was $500 million, and it is just one of the thousands of companies affected by this single update by a single vendor. Systemic risk and overall cybersecurity postu…

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