I was recently talking with Governor Tom Ridge and asked him how CEOs should view security. Clearly, Governor Ridge has a unique background being the first Security of the U.S. Department of Homeland Security, His response was, “For CEOs, the chances of a physical attack on your enterprise are almost infinitesimal compared to a potential cyber attack.” When I asked Tom where these attacks would likely come from he replied, “ Not just terrorists, but also from hackers or nation-states engaged in economic espionage.”

The message is to me, in our age of digital disruption, CEOs must focus both on the offense of creating new business models to capture opportunities, and also on the defense of creating a moat that protects your enterprise.