Book Image

Building a Cyber Resilient Business

By : Dr. Magda Lilia Chelly, Shamane Tan, Hai Tran
Book Image

Building a Cyber Resilient Business

By: Dr. Magda Lilia Chelly, Shamane Tan, Hai 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)

Understanding the role of the CRO and its key focus areas

Risk management has grown in importance in an increasingly complicated, dynamic, and interconnected business world. Technological improvements have transformed corporate operations, but they have also created new risk management and mitigation challenges. More businesses are realizing the value and need to have a comprehensive risk management framework that enables them to better predict and identify risks, so that they can be turned into sustainable competitive advantages.

As a CEO, it is important to understand and value risk management within your organization. ERM is a plan-based business strategy that aims to identify, assess, and prepare the organization for any hazards and potential disasters that could interfere with its operations and objectives.

In many organizations, risk management is still at a crossroads. The best risk managers are those who look for opportunities to broaden their knowledge base, refine their...