Intelligent Tech Channels Issue 48 | Page 40

Continuous Assessment of cybersecurity is the need of the hour
Compliance and government guidelines mandate the move to go beyond periodic assessments and into continuous monitoring of sensitive and critical information . In such situations , a CISO may often be unable to quantify the maturity of the information security measures deployed in the organisation .
Continuous Assessment of cybersecurity risk posture lets an organisation prioritise the key focus areas across their critical assets and most vulnerable technology , third parties or employees . This ensures that adequate measures towards holistic cybersecurity maturity are adopted throughout the organisation .
Objectivity and simplicity should be at the core of a cybersecurity strategy
Cybersecurity posture cannot be represented by lengthy reports anymore . It needs to become objective and help decision makers across the organisation truly understand the risk posture and the financial value of risk that the organisation faces .
It also needs to be free from IT jargon to enable the boardroom to have a clearer view of the risk posture , thereby facilitating data driven and informed decisions . Executives can get overwhelmed with excruciating details from multiple tools or people .
They can now rely on all the data that has been collected and converted from these sources into a simple yet comprehensive risk metric that they can use to track and build their trust on .
Benefits of cyberrisk quantification
With quantified cybersecurity risk management practices , organisations have :
1 . A unified cybersecurity strategy : Cybersecurity that is presently siloed , will have a single pane of glass view for security leaders to make quicker , datadriven decisions .
2 . An objective metric of communication : The potential financial impact of a cyberattack converts its risks to a direct business threat . It becomes a simple and effective means to communicate risks to all internal and external stakeholders .
3 . Real-time visibility : Dynamic visibility of what is going well and what needs improvement is enabled by a real-time cohesive output – breach-likelihood across people , process , technology and third-parties . •
Executives can get overwhelmed with excruciating details from multiple tools or people .
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