Managing Cyber Risk

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Managing Cyber Risk

Author : Ariel Evans
Publisher : Routledge
Page : 134 pages
File Size : 47,6 Mb
Release : 2019-03-28
Category : Business & Economics
ISBN : 9780429614262

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Managing Cyber Risk by Ariel Evans Pdf

Cyber risk is the second highest perceived business risk according to U.S. risk managers and corporate insurance experts. Digital assets now represent over 85% of an organization’s value. In a survey of Fortune 1000 organizations, 83% surveyed described cyber risk as an organizationally complex topic, with most using only qualitative metrics that provide little, if any insight into an effective cyber strategy. Written by one of the foremost cyber risk experts in the world and with contributions from other senior professionals in the field, Managing Cyber Risk provides corporate cyber stakeholders – managers, executives, and directors – with context and tools to accomplish several strategic objectives. These include enabling managers to understand and have proper governance oversight of this crucial area and ensuring improved cyber resilience. Managing Cyber Risk helps businesses to understand cyber risk quantification in business terms that lead risk owners to determine how much cyber insurance they should buy based on the size and the scope of policy, the cyber budget required, and how to prioritize risk remediation based on reputational, operational, legal, and financial impacts. Directors are held to standards of fiduciary duty, loyalty, and care. These insights provide the ability to demonstrate that directors have appropriately discharged their duties, which often dictates the ability to successfully rebut claims made against such individuals. Cyber is a strategic business issue that requires quantitative metrics to ensure cyber resiliency. This handbook acts as a roadmap for executives to understand how to increase cyber resiliency and is unique since it quantifies exposures at the digital asset level.

Cybersecurity Risk Management

Author : Cynthia Brumfield
Publisher : John Wiley & Sons
Page : 180 pages
File Size : 52,9 Mb
Release : 2021-12-09
Category : Computers
ISBN : 9781119816287

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Cybersecurity Risk Management by Cynthia Brumfield Pdf

Cybersecurity Risk Management In Cybersecurity Risk Management: Mastering the Fundamentals Using the NIST Cybersecurity Framework, veteran technology analyst Cynthia Brumfield, with contributions from cybersecurity expert Brian Haugli, delivers a straightforward and up-to-date exploration of the fundamentals of cybersecurity risk planning and management. The book offers readers easy-to-understand overviews of cybersecurity risk management principles, user, and network infrastructure planning, as well as the tools and techniques for detecting cyberattacks. The book also provides a roadmap to the development of a continuity of operations plan in the event of a cyberattack. With incisive insights into the Framework for Improving Cybersecurity of Critical Infrastructure produced by the United States National Institute of Standards and Technology (NIST), Cybersecurity Risk Management presents the gold standard in practical guidance for the implementation of risk management best practices. Filled with clear and easy-to-follow advice, this book also offers readers: A concise introduction to the principles of cybersecurity risk management and the steps necessary to manage digital risk to systems, assets, data, and capabilities A valuable exploration of modern tools that can improve an organization’s network infrastructure protection A practical discussion of the challenges involved in detecting and responding to a cyberattack and the importance of continuous security monitoring A helpful examination of the recovery from cybersecurity incidents Perfect for undergraduate and graduate students studying cybersecurity, Cybersecurity Risk Management is also an ideal resource for IT professionals working in private sector and government organizations worldwide who are considering implementing, or who may be required to implement, the NIST Framework at their organization.

Cyber-Risk Management

Author : Atle Refsdal,Bjørnar Solhaug,Ketil Stølen
Publisher : Springer
Page : 145 pages
File Size : 54,9 Mb
Release : 2015-10-01
Category : Computers
ISBN : 9783319235707

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Cyber-Risk Management by Atle Refsdal,Bjørnar Solhaug,Ketil Stølen Pdf

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.

Cyber Risk Management

Author : Christopher Hodson
Publisher : Kogan Page
Page : 416 pages
File Size : 50,8 Mb
Release : 2019
Category : Cyberspace
ISBN : 0749484128

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Cyber Risk Management by Christopher Hodson Pdf

Learn how to prioritize threats, implement a cyber security programme and effectively communicate risks

Cybersecurity Risk Management

Author : Kok-Boon Oh,Chien-Ta Bruce Ho,Bret Slade
Publisher : Nova Science Publishers
Page : 262 pages
File Size : 44,6 Mb
Release : 2022
Category : Business & Economics
ISBN : 1685075053

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Cybersecurity Risk Management by Kok-Boon Oh,Chien-Ta Bruce Ho,Bret Slade Pdf

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.

Enhancing the Role of Insurance in Cyber Risk Management

Author : OECD
Publisher : OECD Publishing
Page : 140 pages
File Size : 42,9 Mb
Release : 2017-12-08
Category : Electronic
ISBN : 9789264282148

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Enhancing the Role of Insurance in Cyber Risk Management by OECD Pdf

This report provides an overview of the financial impact of cyber incidents, the coverage of cyber risk available in the insurance market, the challenges to market development and initiatives to address those challenges.

Managing Cyber Risk in the Financial Sector

Author : Ruth Taplin
Publisher : Routledge
Page : 194 pages
File Size : 46,5 Mb
Release : 2016-01-22
Category : Computers
ISBN : 9781317383659

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Managing Cyber Risk in the Financial Sector by Ruth Taplin Pdf

Cyber risk has become increasingly reported as a major problem for financial sector businesses. It takes many forms including fraud for purely monetary gain, hacking by people hostile to a company causing business interruption or damage to reputation, theft by criminals or malicious individuals of the very large amounts of customer information (“big data”) held by many companies, misuse including accidental misuse or lack of use of such data, loss of key intellectual property, and the theft of health and medical data which can have a profound effect on the insurance sector. This book assesses the major cyber risks to businesses and discusses how they can be managed and the risks reduced. It includes case studies of the situation in different financial sectors and countries in relation to East Asia, Europe and the United States. It takes an interdisciplinary approach assessing cyber risks and management solutions from an economic, management risk, legal, security intelligence, insurance, banking and cultural perspective.

Security Risk Management

Author : Evan Wheeler
Publisher : Elsevier
Page : 360 pages
File Size : 53,5 Mb
Release : 2011-04-20
Category : Computers
ISBN : 1597496162

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Security Risk Management by Evan Wheeler Pdf

Security Risk Management is the definitive guide for building or running an information security risk management program. This book teaches practical techniques that will be used on a daily basis, while also explaining the fundamentals so students understand the rationale behind these practices. It explains how to perform risk assessments for new IT projects, how to efficiently manage daily risk activities, and how to qualify the current risk level for presentation to executive level management. While other books focus entirely on risk analysis methods, this is the first comprehensive text for managing security risks. This book will help you to break free from the so-called best practices argument by articulating risk exposures in business terms. It includes case studies to provide hands-on experience using risk assessment tools to calculate the costs and benefits of any security investment. It explores each phase of the risk management lifecycle, focusing on policies and assessment processes that should be used to properly assess and mitigate risk. It also presents a roadmap for designing and implementing a security risk management program. This book will be a valuable resource for CISOs, security managers, IT managers, security consultants, IT auditors, security analysts, and students enrolled in information security/assurance college programs. Named a 2011 Best Governance and ISMS Book by InfoSec Reviews Includes case studies to provide hands-on experience using risk assessment tools to calculate the costs and benefits of any security investment Explores each phase of the risk management lifecycle, focusing on policies and assessment processes that should be used to properly assess and mitigate risk Presents a roadmap for designing and implementing a security risk management program

Cyber Security Management

Author : Dr Peter Trim,Dr Yang-Im Lee
Publisher : Ashgate Publishing, Ltd.
Page : 265 pages
File Size : 40,7 Mb
Release : 2014-09-28
Category : Business & Economics
ISBN : 9781472432094

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Cyber Security Management by Dr Peter Trim,Dr Yang-Im Lee Pdf

Cyber Security Management places security management in a holistic context and outlines how the strategic marketing approach can be used to underpin cyber security in partnership arrangements. The book is unique because it integrates material that is of a highly specialized nature but which can be interpreted by those with a non-specialist background in the area. Indeed, those with a limited knowledge of cyber security will be able to develop a comprehensive understanding of the subject and will be guided into devising and implementing relevant policy, systems and procedures that make the organization better able to withstand the increasingly sophisticated forms of cyber attack.

How to Measure Anything in Cybersecurity Risk

Author : Douglas W. Hubbard,Richard Seiersen
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 44,6 Mb
Release : 2016-07-25
Category : Business & Economics
ISBN : 9781119085294

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How to Measure Anything in Cybersecurity Risk by Douglas W. Hubbard,Richard Seiersen Pdf

A ground shaking exposé on the failure of popular cyber risk management methods How to Measure Anything in Cybersecurity Risk exposes the shortcomings of current "risk management" practices, and offers a series of improvement techniques that help you fill the holes and ramp up security. In his bestselling book How to Measure Anything, author Douglas W. Hubbard opened the business world's eyes to the critical need for better measurement. This book expands upon that premise and draws from The Failure of Risk Management to sound the alarm in the cybersecurity realm. Some of the field's premier risk management approaches actually create more risk than they mitigate, and questionable methods have been duplicated across industries and embedded in the products accepted as gospel. This book sheds light on these blatant risks, and provides alternate techniques that can help improve your current situation. You'll also learn which approaches are too risky to save, and are actually more damaging than a total lack of any security. Dangerous risk management methods abound; there is no industry more critically in need of solutions than cybersecurity. This book provides solutions where they exist, and advises when to change tracks entirely. Discover the shortcomings of cybersecurity's "best practices" Learn which risk management approaches actually create risk Improve your current practices with practical alterations Learn which methods are beyond saving, and worse than doing nothing Insightful and enlightening, this book will inspire a closer examination of your company's own risk management practices in the context of cybersecurity. The end goal is airtight data protection, so finding cracks in the vault is a positive thing—as long as you get there before the bad guys do. How to Measure Anything in Cybersecurity Risk is your guide to more robust protection through better quantitative processes, approaches, and techniques.

Practical Vulnerability Management

Author : Andrew Magnusson
Publisher : No Starch Press
Page : 194 pages
File Size : 47,7 Mb
Release : 2020-09-29
Category : Computers
ISBN : 9781593279899

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Practical Vulnerability Management by Andrew Magnusson Pdf

Practical Vulnerability Management shows you how to weed out system security weaknesses and squash cyber threats in their tracks. Bugs: they're everywhere. Software, firmware, hardware -- they all have them. Bugs even live in the cloud. And when one of these bugs is leveraged to wreak havoc or steal sensitive information, a company's prized technology assets suddenly become serious liabilities. Fortunately, exploitable security weaknesses are entirely preventable; you just have to find them before the bad guys do. Practical Vulnerability Management will help you achieve this goal on a budget, with a proactive process for detecting bugs and squashing the threat they pose. The book starts by introducing the practice of vulnerability management, its tools and components, and detailing the ways it improves an enterprise's overall security posture. Then it's time to get your hands dirty! As the content shifts from conceptual to practical, you're guided through creating a vulnerability-management system from the ground up, using open-source software. Along the way, you'll learn how to: • Generate accurate and usable vulnerability intelligence • Scan your networked systems to identify and assess bugs and vulnerabilities • Prioritize and respond to various security risks • Automate scans, data analysis, reporting, and other repetitive tasks • Customize the provided scripts to adapt them to your own needs Playing whack-a-bug won't cut it against today's advanced adversaries. Use this book to set up, maintain, and enhance an effective vulnerability management system, and ensure your organization is always a step ahead of hacks and attacks.

Cyber Threat!

Author : MacDonnell Ulsch
Publisher : John Wiley & Sons
Page : 224 pages
File Size : 53,7 Mb
Release : 2014-07-14
Category : Business & Economics
ISBN : 9781118935958

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Cyber Threat! by MacDonnell Ulsch Pdf

Conquering cyber attacks requires a multi-sector, multi-modal approach Cyber Threat! How to Manage the Growing Risk of Cyber Attacks is an in-depth examination of the very real cyber security risks facing all facets of government and industry, and the various factors that must align to maintain information integrity. Written by one of the nation's most highly respected cyber risk analysts, the book describes how businesses and government agencies must protect their most valuable assets to avoid potentially catastrophic consequences. Much more than just cyber security, the necessary solutions require government and industry to work cooperatively and intelligently. This resource reveals the extent of the problem, and provides a plan to change course and better manage and protect critical information. Recent news surrounding cyber hacking operations show how intellectual property theft is now a matter of national security, as well as economic and commercial security. Consequences are far-reaching, and can have enormous effects on national economies and international relations. Aggressive cyber forces in China, Russia, Eastern Europe and elsewhere, the rise of global organized criminal networks, and inattention to vulnerabilities throughout critical infrastructures converge to represent an abundantly clear threat. Managing the threat and keeping information safe is now a top priority for global businesses and government agencies. Cyber Threat! breaks the issue down into real terms, and proposes an approach to effective defense. Topics include: The information at risk The true extent of the threat The potential consequences across sectors The multifaceted approach to defense The growing cyber threat is fundamentally changing the nation's economic, diplomatic, military, and intelligence operations, and will extend into future technological, scientific, and geopolitical influence. The only effective solution will be expansive and complex, encompassing every facet of government and industry. Cyber Threat! details the situation at hand, and provides the information that can help keep the nation safe.

A Practical Introduction to Security and Risk Management

Author : Bruce Newsome
Publisher : SAGE Publications
Page : 408 pages
File Size : 47,7 Mb
Release : 2013-10-15
Category : Political Science
ISBN : 9781483324852

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A Practical Introduction to Security and Risk Management by Bruce Newsome Pdf

A Practical Introduction to Security and Risk Management is the first book to introduce the full spectrum of security and risks and their management. Author and field expert Bruce Newsome helps readers learn how to understand, analyze, assess, control, and generally manage security and risks from the personal to the operational. They will develop the practical knowledge and skills they need, including analytical skills, basic mathematical methods for calculating risk in different ways, and more artistic skills in making judgments and decisions about which risks to control and how to control them. Organized into 16 brief chapters, the book shows readers how to: analyze security and risk; identify the sources of risk (including hazards, threats, and contributors); analyze exposure and vulnerability; assess uncertainty and probability; develop an organization’s culture, structure, and processes congruent with better security and risk management; choose different strategies for managing risks; communicate and review; and manage security in the key domains of operations, logistics, physical sites, information, communications, cyberspace, transport, and personal levels.

Confronting Cyber Risk

Author : Gregory J. Falco,Eric Rosenbach
Publisher : Oxford University Press
Page : 225 pages
File Size : 55,6 Mb
Release : 2022
Category : Computer networks
ISBN : 9780197526545

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Confronting Cyber Risk by Gregory J. Falco,Eric Rosenbach Pdf

"Confronting Cyber Risk: An Embedded Endurance Strategy for Cybersecurity is a practical leadership handbook defining a new strategy for improving cybersecurity and mitigating cyber risk. Written by two leading experts with extensive professional experience in cybersecurity, the book provides CEOs and cyber newcomers alike with novel, concrete guidance on how to implement a cutting-edge strategy to mitigate an organization's overall risk to malicious cyberattacks. Using short, real-world case studies, the book highlights the need to address attack prevention and the resilience of each digital asset while also accounting for an incident's potential impact on overall operations. In a world of hackers, artificial intelligence, and persistent ransomware attacks, the Embedded Endurance strategy embraces the reality of interdependent digital assets and provides an approach that addresses cyber risk at both the micro- (people, networks, systems and data) and macro-(organizational) levels. Most books about cybersecurity focus entirely on technology; the Embedded Endurance strategy recognizes the need for sophisticated thinking with preventative and resilience measures engaged systematically a cross your organization"--

Understand, Manage, and Measure Cyber Risk

Author : Ryan Leirvik
Publisher : Apress
Page : 211 pages
File Size : 46,8 Mb
Release : 2021-12-22
Category : Computers
ISBN : 1484278208

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Understand, Manage, and Measure Cyber Risk by Ryan Leirvik Pdf

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 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