Inside Cyber

CHAPTER 24The Holy Digital Grail: Cybersecurity Risk Management

A fundamental principle of cybersecurity is that it should be mission-relevant and easily integrated into the business. A complete security system that is multilayered and data-centric ought to be user-friendly, if not imperceptible. Data security cannot cause slowness or obstruct the average user’s daily workflow given the demands of the goal. Data protection is essential to risk reduction for cybersecurity practitioners, and it should be integrated into the ecosystem by using the investments already made in security information and event management and data loss prevention.

Organizations can gain a strong audit position by implementing a complete data protection strategy that incorporates real-time data visibility down to users, devices, and geolocations, allowing for the knowledge of exactly where the data is, who is attempting to access it, and what they are doing.

In spite of the increasing frequency, sophistication, lethality, and liabilities linked to intrusions, industry management has lacked readiness and moved slowly to strengthen cybersecurity. Businesses must prioritize cybersecurity if they are to prosper in the complex and constantly evolving technological threat landscape of today. A sound risk management plan will identify digital assets and data that needs to be secured by creating a vulnerability framework. Through the rapid identification and prioritization of cyber vulnerabilities, a risk assessment ...