The motivation for corporate leadership to engage with cyber risks is increasingly clear. Stories can be seen of cyber incidents which have crippled large-scale businesses, potentially for extended periods of time and at significant cost. Our contribution here explores a much under-researched area — perceptions of cybersecurity and cyber risk at the highest levels of an organisation — with the aim of developing a structured, scenario-driven and repeatable exercise for executive decision makers. We attempt to understand why cyber risk perception is an important concept but equally a challenging one to grasp. We address this by demonstrating an approach to risk articulation, in terms of systematically constructed scenarios, and assess whether this resonates with decision-makers. As part of this, we also attempt to assess cyber-risk decision-makers for their perception of wider business risks and stakeholders.

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