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)

Questions to ask your CISO

Because the CISO is the focal point for cybersecurity, the following questions help you determine if your CISO is leading your cyber resilience effectively. For CISOs, this is a helpful way of assessing this for yourselves.

  • How do our strategy and roadmap address our business priorities?
  • What is our residual risk, and how do we measure it?
  • What are our major black swan events?
  • What is the potential financial loss following a cyberattack?
  • What is the potential loss following a data breach?
  • How do we measure our ROI?
  • How do we monitor improvement?
  • What is our response when a cyber incident or data breach happens?
  • How do we recover associated costs?

In the next part of this chapter, we include bonus segments for our CISOs. The segments include tips and advice for aspiring CISOs. They are also good recommendations for C-suite executives to read while trying to leverage further knowledge on cybersecurity and to...