How to Measure Anything in Cybersecurity Risk

How to Measure Anything in Cybersecurity Risk
Author: Douglas W. Hubbard
Publisher: John Wiley & Sons
Total Pages: 304
Release: 2016-07-25
Genre: Business & Economics
ISBN: 1119085292

A ground shaking exposé on the failure of popular cyber risk management methods How to Measure Anything in Cybersecurity Risk exposes the shortcomings of current "risk management" practices, and offers a series of improvement techniques that help you fill the holes and ramp up security. In his bestselling book How to Measure Anything, author Douglas W. Hubbard opened the business world's eyes to the critical need for better measurement. This book expands upon that premise and draws from The Failure of Risk Management to sound the alarm in the cybersecurity realm. Some of the field's premier risk management approaches actually create more risk than they mitigate, and questionable methods have been duplicated across industries and embedded in the products accepted as gospel. This book sheds light on these blatant risks, and provides alternate techniques that can help improve your current situation. You'll also learn which approaches are too risky to save, and are actually more damaging than a total lack of any security. Dangerous risk management methods abound; there is no industry more critically in need of solutions than cybersecurity. This book provides solutions where they exist, and advises when to change tracks entirely. Discover the shortcomings of cybersecurity's "best practices" Learn which risk management approaches actually create risk Improve your current practices with practical alterations Learn which methods are beyond saving, and worse than doing nothing Insightful and enlightening, this book will inspire a closer examination of your company's own risk management practices in the context of cybersecurity. The end goal is airtight data protection, so finding cracks in the vault is a positive thing—as long as you get there before the bad guys do. How to Measure Anything in Cybersecurity Risk is your guide to more robust protection through better quantitative processes, approaches, and techniques.

How to Measure Anything

How to Measure Anything
Author: Douglas W. Hubbard
Publisher: Wiley
Total Pages: 320
Release: 2010-03-25
Genre: Business & Economics
ISBN: 0470625678

Now updated with new research and even more intuitive explanations, a demystifying explanation of how managers can inform themselves to make less risky, more profitable business decisions This insightful and eloquent book will show you how to measure those things in your own business that, until now, you may have considered "immeasurable," including customer satisfaction, organizational flexibility, technology risk, and technology ROI. Adds even more intuitive explanations of powerful measurement methods and shows how they can be applied to areas such as risk management and customer satisfaction Continues to boldly assert that any perception of "immeasurability" is based on certain popular misconceptions about measurement and measurement methods Shows the common reasoning for calling something immeasurable, and sets out to correct those ideas Offers practical methods for measuring a variety of "intangibles" Adds recent research, especially in regards to methods that seem like measurement, but are in fact a kind of "placebo effect" for management – and explains how to tell effective methods from management mythology Written by recognized expert Douglas Hubbard-creator of Applied Information Economics-How to Measure Anything, Second Edition illustrates how the author has used his approach across various industries and how any problem, no matter how difficult, ill defined, or uncertain can lend itself to measurement using proven methods.

Measuring and Managing Information Risk

Measuring and Managing Information Risk
Author: Jack Freund
Publisher: Butterworth-Heinemann
Total Pages: 411
Release: 2014-08-23
Genre: Computers
ISBN: 0127999329

Using the factor analysis of information risk (FAIR) methodology developed over ten years and adopted by corporations worldwide, Measuring and Managing Information Risk provides a proven and credible framework for understanding, measuring, and analyzing information risk of any size or complexity. Intended for organizations that need to either build a risk management program from the ground up or strengthen an existing one, this book provides a unique and fresh perspective on how to do a basic quantitative risk analysis. Covering such key areas as risk theory, risk calculation, scenario modeling, and communicating risk within the organization, Measuring and Managing Information Risk helps managers make better business decisions by understanding their organizational risk. - Uses factor analysis of information risk (FAIR) as a methodology for measuring and managing risk in any organization. - Carefully balances theory with practical applicability and relevant stories of successful implementation. - Includes examples from a wide variety of businesses and situations presented in an accessible writing style.

The Failure of Risk Management

The Failure of Risk Management
Author: Douglas W. Hubbard
Publisher: John Wiley & Sons
Total Pages: 304
Release: 2009-04-27
Genre: Business & Economics
ISBN: 0470387955

An essential guide to the calibrated risk analysis approach The Failure of Risk Management takes a close look at misused and misapplied basic analysis methods and shows how some of the most popular "risk management" methods are no better than astrology! Using examples from the 2008 credit crisis, natural disasters, outsourcing to China, engineering disasters, and more, Hubbard reveals critical flaws in risk management methods–and shows how all of these problems can be fixed. The solutions involve combinations of scientifically proven and frequently used methods from nuclear power, exploratory oil, and other areas of business and government. Finally, Hubbard explains how new forms of collaboration across all industries and government can improve risk management in every field. Douglas W. Hubbard (Glen Ellyn, IL) is the inventor of Applied Information Economics (AIE) and the author of Wiley's How to Measure Anything: Finding the Value of Intangibles in Business (978-0-470-11012-6), the #1 bestseller in business math on Amazon. He has applied innovative risk assessment and risk management methods in government and corporations since 1994. "Doug Hubbard, a recognized expert among experts in the field of risk management, covers the entire spectrum of risk management in this invaluable guide. There are specific value-added take aways in each chapter that are sure to enrich all readers including IT, business management, students, and academics alike" —Peter Julian, former chief-information officer of the New York Metro Transit Authority. President of Alliance Group consulting "In his trademark style, Doug asks the tough questions on risk management. A must-read not only for analysts, but also for the executive who is making critical business decisions." —Jim Franklin, VP Enterprise Performance Management and General Manager, Crystal Ball Global Business Unit, Oracle Corporation.

The Metrics Manifesto

The Metrics Manifesto
Author: Richard Seiersen
Publisher: John Wiley & Sons
Total Pages: 326
Release: 2022-05-10
Genre: Computers
ISBN: 111951536X

Security professionals are trained skeptics. They poke and prod at other people’s digital creations, expecting them to fail in unexpected ways. Shouldn’t that same skeptical power be turned inward? Shouldn’t practitioners ask: “How do I know that my enterprise security capabilities work? Are they scaling, accelerating, or slowing as the business exposes more value to more people and through more channels at higher velocities?” This is the start of the modern measurement mindset—the mindset that seeks to confront security with data. The Metrics Manifesto: Confronting Security with Data delivers an examination of security metrics with R, the popular open-source programming language and software development environment for statistical computing. This insightful and up-to-date guide offers readers a practical focus on applied measurement that can prove or disprove the efficacy of information security measures taken by a firm. The book’s detailed chapters combine topics like security, predictive analytics, and R programming to present an authoritative and innovative approach to security metrics. The author and security professional examines historical and modern methods of measurement with a particular emphasis on Bayesian Data Analysis to shed light on measuring security operations. Readers will learn how processing data with R can help measure security improvements and changes as well as help technology security teams identify and fix gaps in security. The book also includes downloadable code for people who are new to the R programming language. Perfect for security engineers, risk engineers, IT security managers, CISOs, and data scientists comfortable with a bit of code, The Metrics Manifesto offers readers an invaluable collection of information to help professionals prove the efficacy of security measures within their company.

Confronting Cyber Risk

Confronting Cyber Risk
Author: Gregory J. Falco
Publisher: Oxford University Press
Total Pages: 225
Release: 2022
Genre: Computer networks
ISBN: 0197526543

"Confronting Cyber Risk: An Embedded Endurance Strategy for Cybersecurity is a practical leadership handbook defining a new strategy for improving cybersecurity and mitigating cyber risk. Written by two leading experts with extensive professional experience in cybersecurity, the book provides CEOs and cyber newcomers alike with novel, concrete guidance on how to implement a cutting-edge strategy to mitigate an organization's overall risk to malicious cyberattacks. Using short, real-world case studies, the book highlights the need to address attack prevention and the resilience of each digital asset while also accounting for an incident's potential impact on overall operations. In a world of hackers, artificial intelligence, and persistent ransomware attacks, the Embedded Endurance strategy embraces the reality of interdependent digital assets and provides an approach that addresses cyber risk at both the micro- (people, networks, systems and data) and macro-(organizational) levels. Most books about cybersecurity focus entirely on technology; the Embedded Endurance strategy recognizes the need for sophisticated thinking with preventative and resilience measures engaged systematically a cross your organization"--

Security Risk Management

Security Risk Management
Author: Evan Wheeler
Publisher: Elsevier
Total Pages: 361
Release: 2011-04-20
Genre: Business & Economics
ISBN: 1597496162

Security Risk Management is the definitive guide for building or running an information security risk management program. This book teaches practical techniques that will be used on a daily basis, while also explaining the fundamentals so students understand the rationale behind these practices. It explains how to perform risk assessments for new IT projects, how to efficiently manage daily risk activities, and how to qualify the current risk level for presentation to executive level management. While other books focus entirely on risk analysis methods, this is the first comprehensive text for managing security risks. This book will help you to break free from the so-called best practices argument by articulating risk exposures in business terms. It includes case studies to provide hands-on experience using risk assessment tools to calculate the costs and benefits of any security investment. It explores each phase of the risk management lifecycle, focusing on policies and assessment processes that should be used to properly assess and mitigate risk. It also presents a roadmap for designing and implementing a security risk management program. This book will be a valuable resource for CISOs, security managers, IT managers, security consultants, IT auditors, security analysts, and students enrolled in information security/assurance college programs. - Named a 2011 Best Governance and ISMS Book by InfoSec Reviews - Includes case studies to provide hands-on experience using risk assessment tools to calculate the costs and benefits of any security investment - Explores each phase of the risk management lifecycle, focusing on policies and assessment processes that should be used to properly assess and mitigate risk - Presents a roadmap for designing and implementing a security risk management program

Cybersecurity and Third-Party Risk

Cybersecurity and Third-Party Risk
Author: Gregory C. Rasner
Publisher: John Wiley & Sons
Total Pages: 308
Release: 2021-06-11
Genre: Computers
ISBN: 1119809568

Move beyond the checklist and fully protect yourself from third-party cybersecurity risk Over the last decade, there have been hundreds of big-name organizations in every sector that have experienced a public breach due to a vendor. While the media tends to focus on high-profile breaches like those that hit Target in 2013 and Equifax in 2017, 2020 has ushered in a huge wave of cybersecurity attacks, a near 800% increase in cyberattack activity as millions of workers shifted to working remotely in the wake of a global pandemic. The 2020 SolarWinds supply-chain attack illustrates that lasting impact of this dramatic increase in cyberattacks. Using a technique known as Advanced Persistent Threat (APT), a sophisticated hacker leveraged APT to steal information from multiple organizations from Microsoft to the Department of Homeland Security not by attacking targets directly, but by attacking a trusted partner or vendor. In addition to exposing third-party risk vulnerabilities for other hackers to exploit, the damage from this one attack alone will continue for years, and there are no signs that cyber breaches are slowing. Cybersecurity and Third-Party Risk delivers proven, active, and predictive risk reduction strategies and tactics designed to keep you and your organization safe. Cybersecurity and IT expert and author Gregory Rasner shows you how to transform third-party risk from an exercise in checklist completion to a proactive and effective process of risk mitigation. Understand the basics of third-party risk management Conduct due diligence on third parties connected to your network Keep your data and sensitive information current and reliable Incorporate third-party data requirements for offshoring, fourth-party hosting, and data security arrangements into your vendor contracts Learn valuable lessons from devasting breaches suffered by other companies like Home Depot, GM, and Equifax The time to talk cybersecurity with your data partners is now. Cybersecurity and Third-Party Risk is a must-read resource for business leaders and security professionals looking for a practical roadmap to avoiding the massive reputational and financial losses that come with third-party security breaches.

Risk Centric Threat Modeling

Risk Centric Threat Modeling
Author: Tony UcedaVelez
Publisher: John Wiley & Sons
Total Pages: 692
Release: 2015-05-26
Genre: Political Science
ISBN: 0470500964

This book introduces the Process for Attack Simulation & Threat Analysis (PASTA) threat modeling methodology. It provides an introduction to various types of application threat modeling and introduces a risk-centric methodology aimed at applying security countermeasures that are commensurate to the possible impact that could be sustained from defined threat models, vulnerabilities, weaknesses, and attack patterns. This book describes how to apply application threat modeling as an advanced preventive form of security. The authors discuss the methodologies, tools, and case studies of successful application threat modeling techniques. Chapter 1 provides an overview of threat modeling, while Chapter 2 describes the objectives and benefits of threat modeling. Chapter 3 focuses on existing threat modeling approaches, and Chapter 4 discusses integrating threat modeling within the different types of Software Development Lifecycles (SDLCs). Threat modeling and risk management is the focus of Chapter 5. Chapter 6 and Chapter 7 examine Process for Attack Simulation and Threat Analysis (PASTA). Finally, Chapter 8 shows how to use the PASTA risk-centric threat modeling process to analyze the risks of specific threat agents targeting web applications. This chapter focuses specifically on the web application assets that include customer’s confidential data and business critical functionality that the web application provides. • Provides a detailed walkthrough of the PASTA methodology alongside software development activities, normally conducted via a standard SDLC process • Offers precise steps to take when combating threats to businesses • Examines real-life data breach incidents and lessons for risk management Risk Centric Threat Modeling: Process for Attack Simulation and Threat Analysis is a resource for software developers, architects, technical risk managers, and seasoned security professionals.

Cyber Intelligence-Driven Risk

Cyber Intelligence-Driven Risk
Author: Richard O. Moore, III
Publisher: John Wiley & Sons
Total Pages: 192
Release: 2020-12-10
Genre: Business & Economics
ISBN: 1119676843

Turn cyber intelligence into meaningful business decisions and reduce losses from cyber events Cyber Intelligence-Driven Risk provides a solution to one of the most pressing issues that executives and risk managers face: How can we weave information security into our business decisions to minimize overall business risk? In today's complex digital landscape, business decisions and cyber event responses have implications for information security that high-level actors may be unable to foresee. What we need is a cybersecurity command center capable of delivering, not just data, but concise, meaningful interpretations that allow us to make informed decisions. Building, buying, or outsourcing a CI-DR™ program is the answer. In his work with executives at leading financial organizations and with the U.S. military, author Richard O. Moore III has tested and proven this next-level approach to Intelligence and Risk. This book is a guide to: Building, buying, or outsourcing a cyber intelligence–driven risk program Understanding the functional capabilities needed to sustain the program Using cyber intelligence to support Enterprise Risk Management Reducing loss from cyber events by building new organizational capacities Supporting mergers and acquisitions with predictive analytics Each function of a well-designed cyber intelligence-driven risk program can support informed business decisions in the era of increased complexity and emergent cyber threats.