Global leading consulting group, Boston Consulting Group has named Mr Paul O’Rourke as its global cybersecurity leader. O’Rourke is based in Melbourne and is a Partner and Managing Director of BCG’s Australian operations. He has been hired externally and brings about 20 years of technology, consulting and banking experience with him to the firm.
BCG’s Cybersecurity Head Paul O’Rourke
At BCG, Mr Paul is a leader in the consulting firm’s Digital BCG center, BCG Platinion (a subsidiary of BCG that specializes in implementation of technology) and Technology Advantage practice. As BCG’s Global Cybersecurity Leader, he led a team of 400+ professionals who operated from 80+ offices internationally.
Before joining Boston Consulting Group, Paul O’Rourke worked at Big Four consulting group PwC as its Global Head of Cybersecurity. His other previous roles include being the Head of Cybersecurity APAC at Accenture and EY and the Chief Information Security Officer at ANZ Bank.
O’Rourke is an expert in cyber incident response and cyber risk strategy for boards and the C-suite. Apart from his profession, he is a frequent media spokesperson and contributor on cyber risk incidents and trends. He also gives insightful lectures on cyber risk management at INSEAD.
BCG Australia’s MD O’Rourke in his new role
On achieving this new role, O’Rourke unveiled how his new employer sees cybersecurity challenges. One of Boston Consulting Group’s main principles is that cyber risk is not anymore the responsibility of the technology department alone. In the light of the rapidly digitally transforming landscape, cyber risk is a much more strategic enterprise risk issue, he adds.
This means that senior executives and board members need to take more responsibility for cybersecurity risks rather than simply throwing money at the problem & leaving it to the technology departments to handle it, he further adds.
O’Rourke also said that at BCG, it is in the consulting firm’s DNA to proactively take a strategic perspective to topics, in synchronization with an understanding of the tech aspects. In the case of any cyber engagements, the consulting firm works with the leadership team to assess which business areas are at risk and then take up an evidence-based cyber strategy approach to direct where investments are most needed and make the most sense, he concludes.
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