Cyber Risk is a Myth – Security Risks ARE Business Risks

There is no meaningful difference between a manufacturing plant going offline from ransomware or a hurricane. The business impact is the same. My new book from CRC Press removes the artificial separation between cybersecurity and enterprise risk.

Cover image Cyber Risk is a Myth

Stop Speaking Two Languages About the Same Risk

In boardrooms everywhere, security teams talk about vulnerabilities and patches while executives think in revenue, reputation, and operational continuity. This communication gap isn’t just inconvenient. It’s financially devastating. Drawing on court cases, stock market data, and hard evidence, this book establishes a practical premise: when properly understood and communicated, security risks require the same frameworks, language, and decision processes as any other business risk.

Kayne McGladrey is a CISSP and Senior IEEE Member with three decades of experience in cybersecurity, including service as a defense-industrial-base CISO. He is the author of “Cyber Risk is a Myth” (CRC Press, 2026), which argues that security risks are business risks and should be governed with the same frameworks and decision processes as any other enterprise risk, and the developer of the GRC Maturity Model, an industry-standard framework for assessing governance, risk, and compliance programs.

His writing and commentary have appeared in 250+ media outlets since 2017, including ABC News and the Financial Times, and he has spoken at events
including RSA Conference, Gartner IT Security & Risk, ISACA GRC, and ISC2 Congress. His industry experience spans financial services, manufacturing, technology, healthcare, insurance, fintech, aerospace, defense, logistics, and construction.


Guest Apperances

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What Is Shadow AI, and How Can Federal Agencies Manage It?

“In the United States, 76% of American public servants use AI personally, and 72% of them are using it at work,” says IEEE Senior Member Kayne McGladrey.
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AI agents may run your household. What could go wrong?

McGladrey says an agent having access to a child's health care information isn't necessarily an immediate problem. Instead, the longer-term question is where that data is stored and what happens to it over time.
Thinkers360 Top Industry Analysts 2026
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Cyber Risk is a Myth – The Fractional Leader
The Fractional Leader

Cyber Risk is a Myth – The Fractional Leader

Kayne is author of "Cyber Risk is a Myth" and works as a fractionl CISO. In this discussion he'll share more about the book, and about his experiences working in the fractional space.
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Cyber Risk Is a Myth and the Business Owns the Outcome

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Change Healthcare and the Concentration Risk Nobody Chose, with Kayne McGladrey

In February 2024, a ransomware attack on Change Healthcare froze roughly 40% of US medical claims and left hospitals and physicians unable to get paid for weeks, even though most were never touched by the attackers. vCISO and author Kayne McGladrey explains why Change is still the best case study for concentration risk, why AI dependency is set up to repeat it (this time on purpose), and why "cyber risk" is really business risk with a different trigger.

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Frequently Asked Questions

A new book from CRC Press that removes the artificial separation between cybersecurity and enterprise risk. Drawing on court cases, stock market data, and hard evidence, it shows that security risks ARE business risks and require the same frameworks, language, and decision processes. The book provides a practical methodology for translating technical security concerns into business language, integrating security into enterprise risk frameworks, building compelling business cases for security investments, and developing metrics that resonate with executives. Downloadable resources are available, and a companion course may launch in December 2026.

The GRC Maturity Model is a framework Kayne McGladrey developed to help organizations assess and advance their Governance, Risk, and Compliance programs. It moves beyond checklist compliance to align security strategies with business objectives, enabling leaders to measure progress and reduce risk effectively.

Kayne McGladrey was a guest on ABC News on May 24th, 2026.