Book Image

Cybersecurity Leadership Demystified

By : Dr. Erdal Ozkaya
Book Image

Cybersecurity Leadership Demystified

By: Dr. Erdal Ozkaya

Overview of this book

The chief information security officer (CISO) is responsible for an organization's information and data security. The CISO's role is challenging as it demands a solid technical foundation as well as effective communication skills. This book is for busy cybersecurity leaders and executives looking to gain deep insights into the domains important for becoming a competent cybersecurity leader. The book begins by introducing you to the CISO's role, where you'll learn key definitions, explore the responsibilities involved, and understand how you can become an efficient CISO. You'll then be taken through end-to-end security operations and compliance standards to help you get to grips with the security landscape. In order to be a good leader, you'll need a good team. This book guides you in building your dream team by familiarizing you with HR management, documentation, and stakeholder onboarding. Despite taking all that care, you might still fall prey to cyber attacks; this book will show you how to quickly respond to an incident to help your organization minimize losses, decrease vulnerabilities, and rebuild services and processes. Finally, you'll explore other key CISO skills that'll help you communicate at both senior and operational levels. By the end of this book, you'll have gained a complete understanding of the CISO's role and be ready to advance your career.
Table of Contents (14 chapters)

Financial reporting

Cybersecurity has a direct impact on the financial situation of a company and hence the financial reporting role of the CISO. Every security initiative from the CISO has to be evaluated for the financial impact it has on the company's business operations. Both the direct and indirect consequences should be evaluated and quantified in terms of the impact they have on the business. The direct impact initiatives include purchasing security tools and systems, as well as paying for security consultancy. These initiatives are easy to quantify and easy to control. The budgeting process for these initiatives can be done alongside the other budgets for other departments in the company. With proper planning, the security team can make plans for gradually improving the security situation based on a prioritized set of security risks and possible business impacts.

The indirect financial costs are much more difficult to determine and control. These result from initiatives...