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 CMO and CPO

When a firm starts growing quickly with a data-driven marketing strategy, it is critical to ensure privacy and security are integrated at every step, rather than considering them at the end of the process. The following questions for your CMO and CPO are the ones we recommend focusing on initially:

  • Who owns the data governance process? Does this process involve our CPO (or CMO) and our CISO?
  • Is there any redundancy in our privacy and security assessments? How can they be further streamlined?
  • How do we ensure efficient compliance with data protection requirements, especially with the current massive technological adoption?
  • Does our incident response process include the CMO, CPO, and CISO?
  • Is there a communication/PR plan to respond to a cyber incident and data breach?

We close this chapter with an important message in relation to the correlation and convergence between various roles and responsibilities. In our current...