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)

Summary

This chapter provided visibility on common practices that might hinder an organization’s cyber resilience. We listed the overall responsibilities of the COO and addressed the challenges for them around business continuity and incident response. We identified operational priorities that are implemented for more traditional major crisis events, and showed the need for priorities to shift toward cyberattacks and major disruptions due to threats or attacks such as ransomware.

The COO drives business sustainability and resilience by adapting to new and emerging risks and making the changes required in their traditional practices. These changes will increase over time due to widespread adoption of the technology and the shift to working remotely. This highlights the need to change and evolve while building a transparent and strong collaboration with the CISO and other stakeholders.

In the next chapter, we look at the Chief Technology Officer and what is required from...