Download or read book Enterprise Cyber Risk Management as a Value Creator written by Bob Chaput and published by Apress. This book was released on 2024-02-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will help you learn the importance of organizations treating enterprise cyber risk management (ECRM) as a value creator, a business enabler, and a mechanism to create a competitive advantage. Organizations began to see the real value of information and information technology in the mid-1980s. Forty years later, it’s time to leverage your ECRM program and cybersecurity strategy in the same way. The main topics covered include the case for action with specific coverage on the topic of cybersecurity as a value creator, including how the courts, legislators, and regulators are raising the bar for C-suite executives and board members. The book covers how the board’s three primary responsibilities (talent management, strategy, and risk management) intersect with their ECRM responsibilities. ECRM was once solely focused on managing the downside of risk by defending the organization from adversarial, accidental, structural, and environmental threat sources. Author Bob Chaput presents the view that we must focus equally on managing the upside of cyber strengths to increase customer trust and brand loyalty, improving social responsibility, driving revenue growth, lowering the cost of capital, attracting higher quality investments, creating competitive advantage, attracting and retaining talent, and facilitating M&A work. He focuses on the C-suite and board role in the first part and provides guidance on their roles and responsibilities, the most important decision about ECRM they must facilitate, and how to think differently about ECRM funding. You will learn how to the pivot from cost-center thinking to value-center thinking. Having built the case for action, in the second part, the book details the steps that organizations must take to develop and document their ECRM program and cybersecurity strategy. The book first covers how ECRM must be integrated into business strategy. The remainder of that part presents a sample table of contents for an ECRM Program and Cybersecurity Strategy document and works through each section to facilitate development of your own program and strategy. With all the content and ideas presented, you will be able to establish, implement, and mature your program and strategy. What You Will Learn Read new information and treat ECRM and cybersecurity as a value creator Receive updates on legal cases, legislative actions, and regulations that are raising the stakes for organizations, their C-suites, and boards Think differently about funding ECRM and cybersecurity initiatives Understand the most critical ECRM decision that boards must facilitate in their organizations Use practical, tangible, actionable content to develop and document your ECRM program and cybersecurity strategy “This book should be mandatory reading for C-suite executives and board members. It shows you how to move from viewing cybersecurity as a risk to avoid, and a cost center that does not add value and is overhead, to seeing cybersecurity as an enabler and part of your core strategy to transform your business and earn customer and stakeholder trust.” —Paul Connelly, First CISO at the White House and HCA Healthcare Who This Book Is For The primary audience includes Chief Information Security Officers, Chief Risk Officers, and Chief Compliance Officers. The secondary audience includes C-suite executives and board members. The tertiary audience includes any stakeholder responsible for privacy, security, compliance, and cyber risk management or students of these topics.

Download or read book Cybersecurity Risk Management written by Kok-Boon Oh and published by Nova Science Publishers. This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The motivation for writing this book is to share our knowledge, analyses, and conclusions about cybersecurity in particular and risk management in general to raise awareness among businesses, academics, and the general public about the cyber landscape changes and challenges that are occurring with emerging threats that will affect individual and corporate information security. As a result, we believe that all stakeholders should adopt a unified, coordinated, and organized approach to addressing corporate cybersecurity challenges based on a shared paradigm. There are two levels at which this book can be read. For starters, it can be read by regular individuals with little or no risk management experience. Because of the book's non-technical style, it is appropriate for this readership. The intellectual information may appear daunting at times, but we hope the reader will not be disheartened. One of the book's most notable features is that it is organized in a logical order that guides the reader through the enterprise risk management process, beginning with an introduction to risk management fundamentals and concluding with the strategic considerations that must be made to successfully implement a cyber risk management framework. Another group of readers targeted by this book is practitioners, students, academics, and regulators. We do not anticipate that everyone in this group will agree with the book's content and views. However, we hope that the knowledge and material provided will serve as a basis for them to expand on in their work or endeavors. The book comprises ten chapters. Chapter 1 is a general introduction to the theoretical concepts of risk and constructs of enterprise risk management. Chapter 2 presents the corporate risk landscape and cyber risk in terms of the characteristics and challenges of cyber threats vis-à-vis the emerging risks thereof from the perspective of a business organization. Chapter 3 presents the idea of enterprise risk management and explains the structure and functions of enterprise risk management as they relate to cybersecurity. Chapter 4 provides the cybersecurity risk management standards, which may be used to build a cybersecurity risk management framework that is based on best practices. The cyber operational risk management process begins in Chapter 5 with the introduction of the risk identification function. Chapter 6 continues with the next step of this process by presenting the risk assessment procedures for evaluating and prioritizing cyber risks. Chapter 7 explains the activities in the third step in the ORM process of risk mitigation and provides examples of the tools and techniques for addressing risk exposures. Chapter 8 presents a critical function from an operational perspective for its role in detecting risk and continual improvement of the organization's cybersecurity processes through the reporting function. Chapter 9 discusses the crisis management steps that businesses must take to respond to and recover from a cyber incident. Chapter 10 emphasizes the essential ERM components that senior management should be aware of and cultivate to create an effective cyber risk control framework by focusing on the strategic aspects of cybersecurity risk management from a business viewpoint. This chapter proposes a cybersecurity ERM framework based on the content given in this book.

Download or read book Digital Asset Valuation and Cyber Risk Measurement written by Keyun Ruan and published by Academic Press. This book was released on 2019-05-29 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital Asset Valuation and Cyber Risk Measurement: Principles of Cybernomics is a book about the future of risk and the future of value. It examines the indispensable role of economic modeling in the future of digitization, thus providing industry professionals with the tools they need to optimize the management of financial risks associated with this megatrend. The book addresses three problem areas: the valuation of digital assets, measurement of risk exposures of digital valuables, and economic modeling for the management of such risks. Employing a pair of novel cyber risk measurement units, bitmort and hekla, the book covers areas of value, risk, control, and return, each of which are viewed from the perspective of entity (e.g., individual, organization, business), portfolio (e.g., industry sector, nation-state), and global ramifications. Establishing adequate, holistic, and statistically robust data points on the entity, portfolio, and global levels for the development of a cybernomics databank is essential for the resilience of our shared digital future. This book also argues existing economic value theories no longer apply to the digital era due to the unique characteristics of digital assets. It introduces six laws of digital theory of value, with the aim to adapt economic value theories to the digital and machine era. - Comprehensive literature review on existing digital asset valuation models, cyber risk management methods, security control frameworks, and economics of information security - Discusses the implication of classical economic theories under the context of digitization, as well as the impact of rapid digitization on the future of value - Analyzes the fundamental attributes and measurable characteristics of digital assets as economic goods - Discusses the scope and measurement of digital economy - Highlights cutting-edge risk measurement practices regarding cybersecurity risk management - Introduces novel concepts, models, and theories, including opportunity value, Digital Valuation Model, six laws of digital theory of value, Cyber Risk Quadrant, and most importantly, cyber risk measures hekla and bitmort - Introduces cybernomics, that is, the integration of cyber risk management and economics to study the requirements of a databank in order to improve risk analytics solutions for (1) the valuation of digital assets, (2) the measurement of risk exposure of digital assets, and (3) the capital optimization for managing residual cyber risK - Provides a case study on cyber insurance

Download or read book Enterprise Cybersecurity Study Guide written by Scott E. Donaldson and published by Apress. This book was released on 2018-03-22 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: Use the methodology in this study guide to design, manage, and operate a balanced enterprise cybersecurity program that is pragmatic and realistic in the face of resource constraints and other real-world limitations. This guide is an instructional companion to the book Enterprise Cybersecurity: How to Build a Successful Cyberdefense Program Against Advanced Threats. The study guide will help you understand the book’s ideas and put them to work. The guide can be used for self-study or in the classroom. Enterprise cybersecurity is about implementing a cyberdefense program that will succeed in defending against real-world attacks. While we often know what should be done, the resources to do it often are not sufficient. The reality is that the Cybersecurity Conundrum—what the defenders request, what the frameworks specify, and what the budget allows versus what the attackers exploit—gets in the way of what needs to be done. Cyberattacks in the headlines affecting millions of people show that this conundrum fails more often than we would prefer. Cybersecurity professionals want to implement more than what control frameworks specify, and more than what the budget allows. Ironically, another challenge is that even when defenders get everything that they want, clever attackers are extremely effective at finding and exploiting the gaps in those defenses, regardless of their comprehensiveness. Therefore, the cybersecurity challenge is to spend the available budget on the right protections, so that real-world attacks can be thwarted without breaking the bank. People involved in or interested in successful enterprise cybersecurity can use this study guide to gain insight into a comprehensive framework for coordinating an entire enterprise cyberdefense program. What You’ll Learn Know the methodology of targeted attacks and why they succeed Master the cybersecurity risk management process Understand why cybersecurity capabilities are the foundation of effective cyberdefenses Organize a cybersecurity program's policy, people, budget, technology, and assessment Assess and score a cybersecurity program Report cybersecurity program status against compliance and regulatory frameworks Use the operational processes and supporting information systems of a successful cybersecurity program Create a data-driven and objectively managed cybersecurity program Discover how cybersecurity is evolving and will continue to evolve over the next decade Who This Book Is For Those involved in or interested in successful enterprise cybersecurity (e.g., business professionals, IT professionals, cybersecurity professionals, and students). This guide can be used in a self-study mode. The book can be used by students to facilitate note-taking in the classroom and by Instructors to develop classroom presentations based on the contents of the original book, Enterprise Cybersecurity: How to Build a Successful Cyberdefense Program Against Advanced Threats.

Download or read book Beyond Cybersecurity written by James M. Kaplan and published by John Wiley & Sons. This book was released on 2015-04-03 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Move beyond cybersecurity to take protection of your digital business to the next level Beyond Cybersecurity: Protecting Your Digital Business arms your company against devastating online security breaches by providing you with the information and guidance you need to avoid catastrophic data compromise. Based upon highly-regarded risk assessment analysis, this critical text is founded upon proprietary research, client experience, and interviews with over 200 executives, regulators, and security experts, offering you a well-rounded, thoroughly researched resource that presents its findings in an organized, approachable style. Members of the global economy have spent years and tens of billions of dollars fighting cyber threats—but attacks remain an immense concern in the world of online business. The threat of data compromise that can lead to the leak of important financial and personal details can make consumers suspicious of the digital economy, and cause a nosedive in their trust and confidence in online business models. Understand the critical issue of cyber-attacks, and how they are both a social and a business issue that could slow the pace of innovation while wreaking financial havoc Consider how step-change capability improvements can create more resilient organizations Discuss how increased collaboration within the cybersecurity industry could improve alignment on a broad range of policy issues Explore how the active engagement of top-level business and public leaders can achieve progress toward cyber-resiliency Beyond Cybersecurity: Protecting Your Digital Business is an essential resource for business leaders who want to protect their organizations against cyber-attacks.

Download or read book Building a Cyber Risk Management Program written by Brian Allen and published by "O'Reilly Media, Inc.". This book was released on 2023-12-04 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber risk management is one of the most urgent issues facing enterprises today. This book presents a detailed framework for designing, developing, and implementing a cyber risk management program that addresses your company's specific needs. Ideal for corporate directors, senior executives, security risk practitioners, and auditors at many levels, this guide offers both the strategic insight and tactical guidance you're looking for. You'll learn how to define and establish a sustainable, defendable, cyber risk management program, and the benefits associated with proper implementation. Cyber risk management experts Brian Allen and Brandon Bapst, working with writer Terry Allan Hicks, also provide advice that goes beyond risk management. You'll discover ways to address your company's oversight obligations as defined by international standards, case law, regulation, and board-level guidance. This book helps you: Understand the transformational changes digitalization is introducing, and new cyber risks that come with it Learn the key legal and regulatory drivers that make cyber risk management a mission-critical priority for enterprises Gain a complete understanding of four components that make up a formal cyber risk management program Implement or provide guidance for a cyber risk management program within your enterprise

Download or read book Understand Manage and Measure Cyber Risk written by Ryan Leirvik and published by Apress. This book was released on 2023-06-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: When it comes to managing cybersecurity in an organization, most organizations tussle with basic foundational components. This practitioner’s guide lays down those foundational components, with real client examples and pitfalls to avoid. A plethora of cybersecurity management resources are available—many with sound advice, management approaches, and technical solutions—but few with one common theme that pulls together management and technology, with a focus on executive oversight. Author Ryan Leirvik helps solve these common problems by providing a clear, easy-to-understand, and easy-to-deploy "playbook" for a cyber risk management approach applicable to your entire organization. This second edition provides tools and methods in a straight-forward, practical manner to guide the management of a cybersecurity program. Expanded sections include the critical integration of cyber risk management into enterprise risk management, the important connection between a Software Bill of Materials and Third-party Risk Programs, and additional "how to" tools and material for mapping frameworks to controls. Praise for Understand, Manage, and Measure Cyber Risk What lies ahead of you in the pages of this book? Clean practicality, not something that just looks good on paper—brittle and impractical when exposed to the real world. I prize flexibility and simplicity instead of attempting to have answers for everything and the rigidity that results. This simplicity is what I find valuable within Ryan's book. Tim Collyer, Motorola Solutions It seems that I have found a kindred spirit—a builder who has worked with a wide variety of client CISOs on their programs, gaining a deep understanding of how a successful and sustainable program should be constructed. Ryan's cyber work in the US Department of Defense, his McKinsey & Company consulting, and his advisory and survey work with IANS give him a unique global view of our shared passion. Nicholas J. Mankovich, PhD, MS, CISPP Who This Book Is For CISOs, CROs, CIOs, directors of risk management, and anyone struggling to pull together frameworks or basic metrics to quantify uncertainty and address risk

Download or read book Executive s Guide to Cyber Risk written by Siegfried Moyo and published by John Wiley & Sons. This book was released on 2022-07-20 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: A solid, non-technical foundation to help executives and board members understand cyber risk In the Executive's Guide to Cyber Risk: Securing the Future Today, distinguished information security and data privacy expert Siegfried Moyo delivers an incisive and foundational guidance for executives tasked with making sound decisions regarding cyber risk management. The book offers non-technical, business-side executives with the key information they need to understand the nature of cyber risk and its impact on organizations and their growth. In the book, readers will find: Strategies for leading with foresight (as opposed to hindsight) while maintaining the company’s vision and objectives Focused, jargon-free explanations of cyber risk that liken it to any other business risk Comprehensive discussions of the fundamentals of cyber risk that enable executive leadership to make well-informed choices Perfect for chief executives in any functional area, the Executive’s Guide to Cyber Risk also belongs in the libraries of board members, directors, managers, and other business leaders seeking to mitigate the risks posed by malicious actors or from the failure of its information systems.

Download or read book Enterprise Cybersecurity in Digital Business written by Ariel Evans and published by Routledge. This book was released on 2022-03-23 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber risk is the highest perceived business risk according to risk managers and corporate insurance experts. Cybersecurity typically is viewed as the boogeyman: it strikes fear into the hearts of non-technical employees. Enterprise Cybersecurity in Digital Business: Building a Cyber Resilient Organization provides a clear guide for companies to understand cyber from a business perspective rather than a technical perspective, and to build resilience for their business. Written by a world-renowned expert in the field, the book is based on three years of research with the Fortune 1000 and cyber insurance industry carriers, reinsurers, and brokers. It acts as a roadmap to understand cybersecurity maturity, set goals to increase resiliency, create new roles to fill business gaps related to cybersecurity, and make cyber inclusive for everyone in the business. It is unique since it provides strategies and learnings that have shown to lower risk and demystify cyber for each person. With a clear structure covering the key areas of the Evolution of Cybersecurity, Cybersecurity Basics, Cybersecurity Tools, Cybersecurity Regulation, Cybersecurity Incident Response, Forensics and Audit, GDPR, Cybersecurity Insurance, Cybersecurity Risk Management, Cybersecurity Risk Management Strategy, and Vendor Risk Management Strategy, the book provides a guide for professionals as well as a key text for students studying this field. The book is essential reading for CEOs, Chief Information Security Officers, Data Protection Officers, Compliance Managers, and other cyber stakeholders, who are looking to get up to speed with the issues surrounding cybersecurity and how they can respond. It is also a strong textbook for postgraduate and executive education students in cybersecurity as it relates to business.

Download or read book Stop The Cyber Bleeding written by Bob Chaput and published by . This book was released on 2020-10-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Protect patients from harm and defend your healthcare organization with a robust enterprise cyber risk management program. Cyber threats are ever increasing, particularly in the healthcare sector. Risks to patient safety are rising at an exponential rate, yet most healthcare organizations are underprepared to deal with these threats. Safeguarding today's patients and your organization is not just an IT problem. It's time to stop the cyber bleeding with this definitive guide to enterprise cyber risk management. Bob Chaput, a leading authority on cybersecurity and enterprise risk management, brings an essential resource for healthcare leaders and board members. Equipping leaders with the knowledge and tools to establish a robust enterprise cyber risk management (ECRM) program, this book gives valuable insight into protecting patient data, complying with regulations, and enhancing your organization's reputation and finances. Focusing on optimizing five core capabilities-sound governance, skilled people, standardized processes, enabling technology, and organization-wide engagement, this book is your guide to building a cyber risk-aware culture and protecting your organization from costly and devastating cyberattacks. In this easy-to-digest guide, learn how to: Establish, implement, and mature your organization's ECRM program as part of your overall business strategy. Understand the unique roles, responsibilities, and information needs of every executive and board member for effective ECRM oversight. Conduct thorough cyber risk assessments using the NIST risk-assessment process to identify and prioritize risks, ensuring effective resource allocation. Align cybersecurity initiatives with business goals to enhance patient safety, regulatory compliance, and organizational reputation. Implement 6 initial actions to establish or improve your ECRM program, making the process manageable and actionable. Stop the Cyber Bleeding cuts through the jargon to bring timely and practical cyber risk management into clear focus. This pragmatic road map for governing and maturing an ECRM program in today's cyber risk environment gives healthcare leaders an edge to leverage security as a competitive advantage and to enhance patient trust. Stop the Cyber Bleeding will lead your organization toward a secure and resilient future.

Download or read book Financial Cybersecurity Risk Management written by Paul Rohmeyer and published by Apress. This book was released on 2018-12-13 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand critical cybersecurity and risk perspectives, insights, and tools for the leaders of complex financial systems and markets. This book offers guidance for decision makers and helps establish a framework for communication between cyber leaders and front-line professionals. Information is provided to help in the analysis of cyber challenges and choosing between risk treatment options. Financial cybersecurity is a complex, systemic risk challenge that includes technological and operational elements. The interconnectedness of financial systems and markets creates dynamic, high-risk environments where organizational security is greatly impacted by the level of security effectiveness of partners, counterparties, and other external organizations. The result is a high-risk environment with a growing need for cooperation between enterprises that are otherwise direct competitors. There is a new normal of continuous attack pressures that produce unprecedented enterprise threats that must be met with an array of countermeasures. Financial Cybersecurity Risk Management explores a range of cybersecurity topics impacting financial enterprises. This includes the threat and vulnerability landscape confronting the financial sector, risk assessment practices and methodologies, and cybersecurity data analytics. Governance perspectives, including executive and board considerations, are analyzed as are the appropriate control measures and executive risk reporting. What You’ll Learn Analyze the threat and vulnerability landscape confronting the financial sector Implement effective technology risk assessment practices and methodologies Craft strategies to treat observed risks in financial systemsImprove the effectiveness of enterprise cybersecurity capabilities Evaluate critical aspects of cybersecurity governance, including executive and board oversight Identify significant cybersecurity operational challenges Consider the impact of the cybersecurity mission across the enterpriseLeverage cybersecurity regulatory and industry standards to help manage financial services risksUse cybersecurity scenarios to measure systemic risks in financial systems environmentsApply key experiences from actual cybersecurity events to develop more robust cybersecurity architectures Who This Book Is For Decision makers, cyber leaders, and front-line professionals, including: chief risk officers, operational risk officers, chief information security officers, chief security officers, chief information officers, enterprise risk managers, cybersecurity operations directors, technology and cybersecurity risk analysts, cybersecurity architects and engineers, and compliance officers

Download or read book Cybersecurity A Business Solution written by Rob Arnold and published by Threat Sketch, LLC. This book was released on 2017-09-26 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a business leader, you might think you have cybersecurity under control because you have a great IT team. But managing cyber risk requires more than firewalls and good passwords. Cash flow, insurance, relationships, and legal affairs for an organization all play major roles in managing cyber risk. Treating cybersecurity as “just an IT problem” leaves an organization exposed and unprepared. Therefore, executives must take charge of the big picture. Cybersecurity: A Business Solution is a concise guide to managing cybersecurity from a business perspective, written specifically for the leaders of small and medium businesses. In this book you will find a step-by-step approach to managing the financial impact of cybersecurity. The strategy provides the knowledge you need to steer technical experts toward solutions that fit your organization’s business mission. The book also covers common pitfalls that lead to a false sense of security. And, to help offset the cost of higher security, it explains how you can leverage investments in cybersecurity to capture market share and realize more profits. The book’s companion material also includes an executive guide to The National Institute of Standards and Technology (NIST) Cybersecurity Framework. It offers a business level overview of the following key terms and concepts, which are central to managing its adoption. - Tiers - Profiles - Functions - Informative References

Download or read book Building a Cyber Risk Management Program written by Brian Allen and published by "O'Reilly Media, Inc.". This book was released on 2023-12-04 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber risk management is one of the most urgent issues facing enterprises today. This book presents a detailed framework for designing, developing, and implementing a cyber risk management program that addresses your company's specific needs. Ideal for corporate directors, senior executives, security risk practitioners, and auditors at many levels, this guide offers both the strategic insight and tactical guidance you're looking for. You'll learn how to define and establish a sustainable, defendable, cyber risk management program, and the benefits associated with proper implementation. Cyber risk management experts Brian Allen and Brandon Bapst, working with writer Terry Allan Hicks, also provide advice that goes beyond risk management. You'll discover ways to address your company's oversight obligations as defined by international standards, case law, regulation, and board-level guidance. This book helps you: Understand the transformational changes digitalization is introducing, and new cyber risks that come with it Learn the key legal and regulatory drivers that make cyber risk management a mission-critical priority for enterprises Gain a complete understanding of four components that make up a formal cyber risk management program Implement or provide guidance for a cyber risk management program within your enterprise

Download or read book Cyber Security written by Mustafa Ahmed and published by . This book was released on 2020-07 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book answers the key cybersecurity questions: What should we do? Where should we start? What to do in an emergency? What do to on an ongoing basis? It is all presented as a neat framework in the shape of ESORMA. Plus there is an online portal full of supporting tools, that is free to access with the purchase of this book. ESORMA is a short easy process that copes well with Governance, Compliance, Operations, and, of course, the business itself. Whether you plan to apply NIST, ISO 27001 etc; Cyber Essentials, or any other security standard. This book will make your life easier in practice and implementation more effective.ESORMA came about because the authors, both cybersecurity veterans, and trainers find students love the content we deliver but tell us their colleagues and managers in the real world care about one thing - reducing costs. Security, we are told, just seems to add costs and slow things down. We feel strongly that it is our objective (and duty) to see if we can do something to change that narrative.The real issues are not about technology, everyone seems to have a very good handle on the tech. It seems to be about how to do it and communicating the 'why', to get others to take action which is the activity that always provides the biggest bang per buck when it comes down to security common sense in practice.Nowadays, every organisation that has assets to secure, one way or another, has a Chief Information Security Officer: a CISO, whether they know it or not. Even if no one has the title, the role exists. This book is nothing more than a quickstart guide. It does not go into depth or endless theory, there are lots of great courses that can give you all of that. This book cuts out the fat and provides lists of options, areas, and ideas to consider, with checklists, case studies, and more, so you can make progress and achieve noticeable results quickly to truly benefit the business and your career. The process is aways business operations first, the framework second. The framework provides the basis for review, not as a dogma to rigidly follow. It is based on a star topology, putting you are in the middle, in control, ready to go in any direction that suits you. It is this core centricity that reveals the flexibility of this framework. It touches on all the areas you need to take action quickly, it is not necessary to cover all the other steps first.There are frameworks that look great on the surface, yet fill you with dread when you start to realise what is truly involved. They are not wrong, just the approach unnecessary. We believe you need to focus on the business first and you need to know what should be done first in practice, that's all.Training and certification is useful and necessary, this is not a replacement, although this may well help you with your Continuing Professional Education credits, especially if you use the tools available from within the ESORMA portal that you will also have access to.

Download or read book Risk Management Program Guide written by David Rauschendorfer and published by . This book was released on 2021-02-20 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Enterprise Risk Management Program (ERMP) Guide provides program-level risk management guidance that directly supports your organization's policies and standardizes the management of cybersecurity risk and also provides access to an editable Microsoft Word document template that can be utilized for baselining your organizations risk management practices. Unfortunately, most companies lack a coherent approach to managing risks across the enterprise: When you look at getting audit ready, your policies and standards only cover the "why?" and "what?" questions of an audit. This product addresses the "how" questions for how your company manages risk.The ERMP provides clear, concise documentation that provides a "paint by numbers" approach to how your organization manages risk.The ERMP addresses fundamental needs when it comes to what is expected in cybersecurity risk management, how risk is defined, who can accept risk, how risk is calculated by defining potential impact and likelihood, necessary steps to reduce risk.Just as Human Resources publishes an "employee handbook" to let employees know what is expected for employees from an HR perspective, the ERMP does this from a cybersecurity risk management perspective.Regardless if your cybersecurity program aligns with NIST, ISO, or another framework, the Enterprise Risk Management Program (ERMP) is designed to address the strategic, operational and tactical components of IT security risk management for any organization. Policies & standards are absolutely necessary to an organization, but they fail to describe HOW risk is actually managed. The ERMP provides this middle ground between high-level policies and the actual procedures of how risk is managed on a day-to-day basis by those individual contributors who execute risk-based controls.

Download or read book Understand Manage and Measure Cyber Risk written by Ryan Leirvik and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: When it comes to managing cybersecurity in an organization, most organizations tussle with basic foundational components. This practitioner's guide lays down those foundational components, with real client examples and pitfalls to avoid. A plethora of cybersecurity management resources are available-many with sound advice, management approaches, and technical solutions-but few with one common theme that pulls together management and technology, with a focus on executive oversight. Author Ryan Leirvik helps solve these common problems by providing a clear, easy-to-understand, and easy-to-deploy foundational cyber risk management approach applicable to your entire organization. The book provides tools and methods in a straight-forward practical manner to guide the management of your cybersecurity program and helps practitioners pull cyber from a "technical" problem to a "business risk management" problem, equipping you with a simple approach to understand, manage, and measure cyber risk for your enterprise. What You Will Learn Educate the executives/board on what you are doing to reduce risk Communicate the value of cybersecurity programs and investments through insightful risk-informative metrics Know your key performance indicators (KPIs), key risk indicators (KRIs), and/or objectives and key results Prioritize appropriate resources through identifying program-related gaps Lay down the foundational components of a program based on real examples, including pitfalls to avoid.

Download or read book Cyber Risk Management written by Atle Refsdal and published by Springer. This book was released on 2015-10-01 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a brief and general introduction to cybersecurity and cyber-risk assessment. Not limited to a specific approach or technique, its focus is highly pragmatic and is based on established international standards (including ISO 31000) as well as industrial best practices. It explains how cyber-risk assessment should be conducted, which techniques should be used when, what the typical challenges and problems are, and how they should be addressed. The content is divided into three parts. First, part I provides a conceptual introduction to the topic of risk management in general and to cybersecurity and cyber-risk management in particular. Next, part II presents the main stages of cyber-risk assessment from context establishment to risk treatment and acceptance, each illustrated by a running example. Finally, part III details four important challenges and how to reasonably deal with them in practice: risk measurement, risk scales, uncertainty, and low-frequency risks with high consequence. The target audience is mainly practitioners and students who are interested in the fundamentals and basic principles and techniques of security risk assessment, as well as lecturers seeking teaching material. The book provides an overview of the cyber-risk assessment process, the tasks involved, and how to complete them in practice.