Understand Manage And Measure Cyber Risk

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Understand, Manage, and Measure Cyber Risk®

Ryan Leirvik
Understand Manage and Measure Cyber Risk Book PDF

Author : Ryan Leirvik
Publisher : Unknown
Page : 0 pages
File Size : 55,5 Mb
Release : 2023
Category : Electronic
ISBN : 1484293207

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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 "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.

Understand, Manage, and Measure Cyber Risk

Ryan Leirvik
Understand Manage and Measure Cyber Risk Book PDF

Author : Ryan Leirvik
Publisher : Apress
Page : 211 pages
File Size : 54,7 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

Managing Cyber Risk

Ariel Evans
Managing Cyber Risk Book PDF

Author : Ariel Evans
Publisher : Routledge
Page : 134 pages
File Size : 46,6 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.

How to Measure Anything in Cybersecurity Risk

Douglas W. Hubbard,Richard Seiersen
How to Measure Anything in Cybersecurity Risk Book PDF

Author : Douglas W. Hubbard,Richard Seiersen
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 55,6 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.

Financial Cybersecurity Risk Management

Paul Rohmeyer,Jennifer L. Bayuk
Financial Cybersecurity Risk Management Book PDF

Author : Paul Rohmeyer,Jennifer L. Bayuk
Publisher : Apress
Page : 276 pages
File Size : 45,8 Mb
Release : 2018-12-13
Category : Computers
ISBN : 9781484241943

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Financial Cybersecurity Risk Management by Paul Rohmeyer,Jennifer L. Bayuk Pdf

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

The Cyber Risk Handbook

Domenic Antonucci
The Cyber Risk Handbook Book PDF

Author : Domenic Antonucci
Publisher : John Wiley & Sons
Page : 442 pages
File Size : 51,5 Mb
Release : 2017-05-01
Category : Business & Economics
ISBN : 9781119308805

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The Cyber Risk Handbook by Domenic Antonucci Pdf

Actionable guidance and expert perspective for real-world cybersecurity The Cyber Risk Handbook is the practitioner's guide to implementing, measuring and improving the counter-cyber capabilities of the modern enterprise. The first resource of its kind, this book provides authoritative guidance for real-world situations, and cross-functional solutions for enterprise-wide improvement. Beginning with an overview of counter-cyber evolution, the discussion quickly turns practical with design and implementation guidance for the range of capabilities expected of a robust cyber risk management system that is integrated with the enterprise risk management (ERM) system. Expert contributors from around the globe weigh in on specialized topics with tools and techniques to help any type or size of organization create a robust system tailored to its needs. Chapter summaries of required capabilities are aggregated to provide a new cyber risk maturity model used to benchmark capabilities and to road-map gap-improvement. Cyber risk is a fast-growing enterprise risk, not just an IT risk. Yet seldom is guidance provided as to what this means. This book is the first to tackle in detail those enterprise-wide capabilities expected by Board, CEO and Internal Audit, of the diverse executive management functions that need to team up with the Information Security function in order to provide integrated solutions. Learn how cyber risk management can be integrated to better protect your enterprise Design and benchmark new and improved practical counter-cyber capabilities Examine planning and implementation approaches, models, methods, and more Adopt a new cyber risk maturity model tailored to your enterprise needs The need to manage cyber risk across the enterprise—inclusive of the IT operations—is a growing concern as massive data breaches make the news on an alarmingly frequent basis. With a cyber risk management system now a business-necessary requirement, practitioners need to assess the effectiveness of their current system, and measure its gap-improvement over time in response to a dynamic and fast-moving threat landscape. The Cyber Risk Handbook brings the world's best thinking to bear on aligning that system to the enterprise and vice-a-versa. Every functional head of any organization must have a copy at-hand to understand their role in achieving that alignment.

Solving Cyber Risk

Andrew Coburn,Eireann Leverett,Gordon Woo
Solving Cyber Risk Book PDF

Author : Andrew Coburn,Eireann Leverett,Gordon Woo
Publisher : John Wiley & Sons
Page : 384 pages
File Size : 51,9 Mb
Release : 2018-12-18
Category : Business & Economics
ISBN : 9781119490937

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Solving Cyber Risk by Andrew Coburn,Eireann Leverett,Gordon Woo Pdf

The non-technical handbook for cyber security risk management Solving Cyber Risk distills a decade of research into a practical framework for cyber security. Blending statistical data and cost information with research into the culture, psychology, and business models of the hacker community, this book provides business executives, policy-makers, and individuals with a deeper understanding of existing future threats, and an action plan for safeguarding their organizations. Key Risk Indicators reveal vulnerabilities based on organization type, IT infrastructure and existing security measures, while expert discussion from leading cyber risk specialists details practical, real-world methods of risk reduction and mitigation. By the nature of the business, your organization’s customer database is packed with highly sensitive information that is essentially hacker-bait, and even a minor flaw in security protocol could spell disaster. This book takes you deep into the cyber threat landscape to show you how to keep your data secure. Understand who is carrying out cyber-attacks, and why Identify your organization’s risk of attack and vulnerability to damage Learn the most cost-effective risk reduction measures Adopt a new cyber risk assessment and quantification framework based on techniques used by the insurance industry By applying risk management principles to cyber security, non-technical leadership gains a greater understanding of the types of threat, level of threat, and level of investment needed to fortify the organization against attack. Just because you have not been hit does not mean your data is safe, and hackers rely on their targets’ complacence to help maximize their haul. Solving Cyber Risk gives you a concrete action plan for implementing top-notch preventative measures before you’re forced to implement damage control.

Cyber Risk Management

Christopher Hodson
Cyber Risk Management Book PDF

Author : Christopher Hodson
Publisher : Kogan Page
Page : 416 pages
File Size : 50,7 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

Cyber Strategy

Carol A. Siegel,Mark Sweeney
Cyber Strategy Book PDF

Author : Carol A. Siegel,Mark Sweeney
Publisher : CRC Press
Page : 178 pages
File Size : 51,9 Mb
Release : 2020-03-23
Category : Computers
ISBN : 9781000048506

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Cyber Strategy by Carol A. Siegel,Mark Sweeney Pdf

Cyber Strategy: Risk-Driven Security and Resiliency provides a process and roadmap for any company to develop its unified Cybersecurity and Cyber Resiliency strategies. It demonstrates a methodology for companies to combine their disassociated efforts into one corporate plan with buy-in from senior management that will efficiently utilize resources, target high risk threats, and evaluate risk assessment methodologies and the efficacy of resultant risk mitigations. The book discusses all the steps required from conception of the plan from preplanning (mission/vision, principles, strategic objectives, new initiatives derivation), project management directives, cyber threat and vulnerability analysis, cyber risk and controls assessment to reporting and measurement techniques for plan success and overall strategic plan performance. In addition, a methodology is presented to aid in new initiative selection for the following year by identifying all relevant inputs. Tools utilized include: Key Risk Indicators (KRI) and Key Performance Indicators (KPI) National Institute of Standards and Technology (NIST) Cyber Security Framework (CSF) Target State Maturity interval mapping per initiative Comparisons of current and target state business goals and critical success factors A quantitative NIST-based risk assessment of initiative technology components Responsible, Accountable, Consulted, Informed (RACI) diagrams for Cyber Steering Committee tasks and Governance Boards’ approval processes Swimlanes, timelines, data flow diagrams (inputs, resources, outputs), progress report templates, and Gantt charts for project management The last chapter provides downloadable checklists, tables, data flow diagrams, figures, and assessment tools to help develop your company’s cybersecurity and cyber resiliency strategic plan.

Cyber-Risk Management

Atle Refsdal,Bjørnar Solhaug,Ketil Stølen
Cyber Risk Management Book PDF

Author : Atle Refsdal,Bjørnar Solhaug,Ketil Stølen
Publisher : Springer
Page : 145 pages
File Size : 53,5 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.

Measuring and Managing Information Risk

Jack Freund,Jack Jones
Measuring and Managing Information Risk Book PDF

Author : Jack Freund,Jack Jones
Publisher : Butterworth-Heinemann
Page : 408 pages
File Size : 40,6 Mb
Release : 2014-08-23
Category : Computers
ISBN : 9780127999326

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Measuring and Managing Information Risk by Jack Freund,Jack Jones Pdf

Using the factor analysis of information risk (FAIR) methodology developed over ten years and adopted by corporations worldwide, Measuring and Managing Information Risk provides a proven and credible framework for understanding, measuring, and analyzing information risk of any size or complexity. Intended for organizations that need to either build a risk management program from the ground up or strengthen an existing one, this book provides a unique and fresh perspective on how to do a basic quantitative risk analysis. Covering such key areas as risk theory, risk calculation, scenario modeling, and communicating risk within the organization, Measuring and Managing Information Risk helps managers make better business decisions by understanding their organizational risk. Uses factor analysis of information risk (FAIR) as a methodology for measuring and managing risk in any organization. Carefully balances theory with practical applicability and relevant stories of successful implementation. Includes examples from a wide variety of businesses and situations presented in an accessible writing style.

Security Metrics

Andrew Jaquith
Security Metrics Book PDF

Author : Andrew Jaquith
Publisher : Pearson Education
Page : 356 pages
File Size : 54,9 Mb
Release : 2007-03-26
Category : Computers
ISBN : 9780132715775

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Security Metrics by Andrew Jaquith Pdf

The Definitive Guide to Quantifying, Classifying, and Measuring Enterprise IT Security Operations Security Metrics is the first comprehensive best-practice guide to defining, creating, and utilizing security metrics in the enterprise. Using sample charts, graphics, case studies, and war stories, Yankee Group Security Expert Andrew Jaquith demonstrates exactly how to establish effective metrics based on your organization’s unique requirements. You’ll discover how to quantify hard-to-measure security activities, compile and analyze all relevant data, identify strengths and weaknesses, set cost-effective priorities for improvement, and craft compelling messages for senior management. Security Metrics successfully bridges management’s quantitative viewpoint with the nuts-and-bolts approach typically taken by security professionals. It brings together expert solutions drawn from Jaquith’s extensive consulting work in the software, aerospace, and financial services industries, including new metrics presented nowhere else. You’ll learn how to: • Replace nonstop crisis response with a systematic approach to security improvement • Understand the differences between “good” and “bad” metrics • Measure coverage and control, vulnerability management, password quality, patch latency, benchmark scoring, and business-adjusted risk • Quantify the effectiveness of security acquisition, implementation, and other program activities • Organize, aggregate, and analyze your data to bring out key insights • Use visualization to understand and communicate security issues more clearly • Capture valuable data from firewalls and antivirus logs, third-party auditor reports, and other resources • Implement balanced scorecards that present compact, holistic views of organizational security effectiveness

Cybersecurity Risk Management

Cynthia Brumfield
Cybersecurity Risk Management Book PDF

Author : Cynthia Brumfield
Publisher : John Wiley & Sons
Page : 180 pages
File Size : 51,7 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.

Cybersecurity: A Business Solution

Rob Arnold
Cybersecurity A Business Solution Book PDF

Author : Rob Arnold
Publisher : Threat Sketch, LLC
Page : 100 pages
File Size : 45,9 Mb
Release : 2017-09-26
Category : Business & Economics
ISBN : 9780692944158

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Cybersecurity: A Business Solution by Rob Arnold Pdf

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

Cybersecurity and Third-Party Risk

Gregory C. Rasner
Cybersecurity and Third Party Risk Book PDF

Author : Gregory C. Rasner
Publisher : John Wiley & Sons
Page : 308 pages
File Size : 53,9 Mb
Release : 2021-06-11
Category : Computers
ISBN : 9781119809562

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Cybersecurity and Third-Party Risk by Gregory C. Rasner Pdf

Move beyond the checklist and fully protect yourself from third-party cybersecurity risk Over the last decade, there have been hundreds of big-name organizations in every sector that have experienced a public breach due to a vendor. While the media tends to focus on high-profile breaches like those that hit Target in 2013 and Equifax in 2017, 2020 has ushered in a huge wave of cybersecurity attacks, a near 800% increase in cyberattack activity as millions of workers shifted to working remotely in the wake of a global pandemic. The 2020 SolarWinds supply-chain attack illustrates that lasting impact of this dramatic increase in cyberattacks. Using a technique known as Advanced Persistent Threat (APT), a sophisticated hacker leveraged APT to steal information from multiple organizations from Microsoft to the Department of Homeland Security not by attacking targets directly, but by attacking a trusted partner or vendor. In addition to exposing third-party risk vulnerabilities for other hackers to exploit, the damage from this one attack alone will continue for years, and there are no signs that cyber breaches are slowing. Cybersecurity and Third-Party Risk delivers proven, active, and predictive risk reduction strategies and tactics designed to keep you and your organization safe. Cybersecurity and IT expert and author Gregory Rasner shows you how to transform third-party risk from an exercise in checklist completion to a proactive and effective process of risk mitigation. Understand the basics of third-party risk management Conduct due diligence on third parties connected to your network Keep your data and sensitive information current and reliable Incorporate third-party data requirements for offshoring, fourth-party hosting, and data security arrangements into your vendor contracts Learn valuable lessons from devasting breaches suffered by other companies like Home Depot, GM, and Equifax The time to talk cybersecurity with your data partners is now. Cybersecurity and Third-Party Risk is a must-read resource for business leaders and security professionals looking for a practical roadmap to avoiding the massive reputational and financial losses that come with third-party security breaches.