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)

Business continuity plan management—the dos and don’ts

The path to recovery for organizations following a catastrophic cyber event is usually lengthy and challenging. When unexpected circumstances arise, they put good leaders to the test. Any organization’s executives, led by the CEO and COO and in collaboration with the CISO, must be able to adapt to the rapid changes in cybersecurity today.

Safe workplace initiatives, employee well-being programs, and business continuity procedures are all examples of plans that must be prepared for when the inevitable happens. COOs must find solutions to maintain business resilience, or risk the consequences of not being able to recover from it. Even a relatively simple ransomware attack has cost organizations millions of dollars, which some organizations can never recover from.

The COO must, however, first educate themselves as a leader. Fear or uncertainty may lead to emotional choices, leading to bad decisions.

...