Book Image

How to Measure Anything in Cybersecurity Risk

By : Douglas W. Hubbard, Richard Seiersen
Book Image

How to Measure Anything in Cybersecurity Risk

By: Douglas W. Hubbard, Richard Seiersen

Overview of this book

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.
Table of Contents (12 chapters)
Free Chapter
About the Authors

Chapter 4
The Single Most Important Measurement in Cybersecurity

We hope Chapter 2 cleared up how the term “measurement” is used in decision science as well as the empirical sciences in general. We contend that this is the most relevant understanding of measurement for cybersecurity. Chapter 3 gave you an introduction to the most basic level of quantitative risk analysis. There will be a lot more to cover regarding the details of the methods of measurement, but for now we propose that our first target should be a measurement of risk analysis itself.

The authors have observed experts throughout the field with passionately held positions on the relative merits of different cybersecurity risk-assessment methods. One easy observation we could make is that both sides of polar-opposite positions were often argued by highly qualified cybersecurity experts, all with decades of experience. One knowledgeable expert will argue, for example, that a particular framework based on qualitative...