Published: 28 June 2023
Cyber-risk management is crucial for organizations due to operating in interconnected digital environments. This research helps security and risk management leaders understand the essential components of a cyber-risk management program.
Successful cyber-risk management programs embody the 5-D rule: dynamic, distributed, defensible, data-driven and decision enabling.
Cyber-risk data cannot be analyzed to provide actionable outcomes without context.
Limited resources and cost of operations require categorizing the criticality and sensitivity of assets to enable adaptive cyber-risk management.
Security and risk management (SRM) leaders are increasingly being asked to express cyber risks in monetary terms to enable comparisons with other risks across their organization.
Documenting cyber risks in a risk register and ensuring continual communication with stakeholders are critical to provide an overview of cyber risks stated from a business perspective, which enables
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