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Building a Cyber Resilient Business

Building a Cyber Resilient Business

By : Dr. Magda Lilia Chelly , Shamane Tan, Tran
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Building a Cyber Resilient Business

Building a Cyber Resilient Business

5 (5)
By: Dr. Magda Lilia Chelly , Shamane Tan, Tran

Overview of this book

With cyberattacks on the rise, it has become essential for C-suite executives and board members to step up and collectively recognize cyber risk as a top priority business risk. However, non-cyber executives find it challenging to understand their role in increasing the business’s cyber resilience due to its complex nature and the lack of a clear return on investment. This book demystifies the perception that cybersecurity is a technical problem, drawing parallels between the key responsibilities of the C-suite roles to line up with the mission of the Chief Information Security Officer (CISO). The book equips you with all you need to know about cyber risks to run the business effectively. Each chapter provides a holistic overview of the dynamic priorities of the C-suite (from the CFO to the CIO, COO, CRO, and so on), and unpacks how cybersecurity must be embedded in every business function. The book also contains self-assessment questions, which are a helpful tool in evaluating any major cybersecurity initiatives and/or investment required. With this book, you’ll have a deeper appreciation of the various ways all executives can contribute to the organization’s cyber program, in close collaboration with the CISO and the security team, and achieve a cyber-resilient, profitable, and sustainable business.
Table of Contents (14 chapters)
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The Role of the CRO in Cyber Resilience

The Chief Risk Officer (CRO) is a senior executive responsible for the identification and assessment of business risks that may adversely impact your organization’s profitability and productivity. They champion Enterprise Risk Management (ERM) efforts by leading risk management strategies and are responsible for the risk identification and mitigation procedures. In some organizations, the CRO heads a risk committee consisting of executives from different departments, such as finance, operations, IT, sales, and HR.

The CRO’s approach to risk management has evolved with how we do business in the age of cyber threats. Risk management techniques in business have had to adapt to the fact that most companies are now technology-dependent or rely on Information Technology (IT) to run their business operations. The risk management role evolves as a business’s scope, size, and value shifts, and each category of risk (operational...

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