The Standard Dilemma
The Future of Cyber Security, Risk Mitigation, and Threat Management
Abstract - Theme
A universe of ambiguity exists between cyber risk and business action, and the gap between compliance and security is ever widening. Most organizations are overburdened with the myriad of cyber defense solutions available in the market today. Every vendor represents a novel approach and untested methodology, which only solves a small part of a much larger problem. For board executives, CXOs, and CISOs, this challenge is confounding, and the lack of clarity it creates is dangerous.
Bottom-line: Real business risk is accelerating at a pace faster than the business opportunity. Consequently, the current risk environment requires a more aggressive senior leadership engagement and oversight of threat management activities across all key risk areas of the business. This required level of engagement should be focused on comprehensive threat management to ensure:
1) appropriate internal awareness, understanding, and focus on proactive threat management;
2) absolute clarity for executive oversight, responsibility, accountability, and organizational governance;
3) reliable and integrated cyber and non-cyber intelligence capture and threat recognition, and,
4) proven incident response processes in place from threat inception & recognition through final remediation.