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.

Cybersecurity Risk Management

Cybersecurity Risk Management
Author: Cynthia Brumfield
Publisher: John Wiley & Sons
Total Pages: 180
Release: 2021-12-09
Genre: Computers
ISBN: 1119816289

Cybersecurity Risk Management In Cybersecurity Risk Management: Mastering the Fundamentals Using the NIST Cybersecurity Framework, veteran technology analyst Cynthia Brumfield, with contributions from cybersecurity expert Brian Haugli, delivers a straightforward and up-to-date exploration of the fundamentals of cybersecurity risk planning and management. The book offers readers easy-to-understand overviews of cybersecurity risk management principles, user, and network infrastructure planning, as well as the tools and techniques for detecting cyberattacks. The book also provides a roadmap to the development of a continuity of operations plan in the event of a cyberattack. With incisive insights into the Framework for Improving Cybersecurity of Critical Infrastructure produced by the United States National Institute of Standards and Technology (NIST), Cybersecurity Risk Management presents the gold standard in practical guidance for the implementation of risk management best practices. Filled with clear and easy-to-follow advice, this book also offers readers: A concise introduction to the principles of cybersecurity risk management and the steps necessary to manage digital risk to systems, assets, data, and capabilities A valuable exploration of modern tools that can improve an organization’s network infrastructure protection A practical discussion of the challenges involved in detecting and responding to a cyberattack and the importance of continuous security monitoring A helpful examination of the recovery from cybersecurity incidents Perfect for undergraduate and graduate students studying cybersecurity, Cybersecurity Risk Management is also an ideal resource for IT professionals working in private sector and government organizations worldwide who are considering implementing, or who may be required to implement, the NIST Framework at their organization.

Managing Cyber Risk

Managing Cyber Risk
Author: Ariel Evans
Publisher: Routledge
Total Pages: 134
Release: 2019-03-28
Genre: Business & Economics
ISBN: 0429614268

Cyber risk is the second highest perceived business risk according to U.S. risk managers and corporate insurance experts. Digital assets now represent over 85% of an organization’s value. In a survey of Fortune 1000 organizations, 83% surveyed described cyber risk as an organizationally complex topic, with most using only qualitative metrics that provide little, if any insight into an effective cyber strategy. Written by one of the foremost cyber risk experts in the world and with contributions from other senior professionals in the field, Managing Cyber Risk provides corporate cyber stakeholders – managers, executives, and directors – with context and tools to accomplish several strategic objectives. These include enabling managers to understand and have proper governance oversight of this crucial area and ensuring improved cyber resilience. Managing Cyber Risk helps businesses to understand cyber risk quantification in business terms that lead risk owners to determine how much cyber insurance they should buy based on the size and the scope of policy, the cyber budget required, and how to prioritize risk remediation based on reputational, operational, legal, and financial impacts. Directors are held to standards of fiduciary duty, loyalty, and care. These insights provide the ability to demonstrate that directors have appropriately discharged their duties, which often dictates the ability to successfully rebut claims made against such individuals. Cyber is a strategic business issue that requires quantitative metrics to ensure cyber resiliency. This handbook acts as a roadmap for executives to understand how to increase cyber resiliency and is unique since it quantifies exposures at the digital asset level.

Understand, Manage, and Measure Cyber Risk

Understand, Manage, and Measure Cyber Risk
Author: Ryan Leirvik
Publisher: Apress
Total Pages: 211
Release: 2021-12-22
Genre: Computers
ISBN: 9781484278208

When it comes to managing cybersecurity in an organization, most organizations tussle with basic foundational components. This practitioner’s guide lays down those foundational components, with real client examples and pitfalls to avoid. A plethora of cybersecurity management resources are available—many with sound advice, management approaches, and technical solutions—but few with one common theme that pulls together management and technology, with a focus on executive oversight. Author Ryan Leirvik helps solve these common problems by providing a clear, easy-to-understand, and easy-to-deploy foundational cyber risk management approach applicable to your entire organization. The book provides tools and methods in a straight-forward practical manner to guide the management of your cybersecurity program and helps practitioners pull cyber from a “technical” problem to a “business risk management” problem, equipping you with a simple approach to understand, manage, and measure cyber risk for your enterprise. What You Will Learn Educate the executives/board on what you are doing to reduce risk Communicate the value of cybersecurity programs and investments through insightful risk-informative metrics Know your key performance indicators (KPIs), key risk indicators (KRIs), and/or objectives and key results Prioritize appropriate resources through identifying program-related gaps Lay down the foundational components of a program based on real examples, including pitfalls to avoid Who This Book Is For CISOs, CROs, CIOs, directors of risk management, and anyone struggling to pull together frameworks or basic metrics to quantify uncertainty and address risk

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.

System Assurance

System Assurance
Author: Nikolai Mansourov
Publisher: Elsevier
Total Pages: 367
Release: 2010-12-29
Genre: Computers
ISBN: 0123814154

System Assurance teaches students how to use Object Management Group's (OMG) expertise and unique standards to obtain accurate knowledge about existing software and compose objective metrics for system assurance. OMG's Assurance Ecosystem provides a common framework for discovering, integrating, analyzing, and distributing facts about existing enterprise software. Its foundation is the standard protocol for exchanging system facts, defined as the OMG Knowledge Discovery Metamodel (KDM). In addition, the Semantics of Business Vocabularies and Business Rules (SBVR) defines a standard protocol for exchanging security policy rules and assurance patterns. Using these standards together, students will learn how to leverage the knowledge of the cybersecurity community and bring automation to protect systems. This book includes an overview of OMG Software Assurance Ecosystem protocols that integrate risk, architecture, and code analysis guided by the assurance argument. A case study illustrates the steps of the System Assurance Methodology using automated tools. This book is recommended for technologists from a broad range of software companies and related industries; security analysts, computer systems analysts, computer software engineers-systems software, computer software engineers- applications, computer and information systems managers, network systems and data communication analysts. - Provides end-to-end methodology for systematic, repeatable, and affordable System Assurance. - Includes an overview of OMG Software Assurance Ecosystem protocols that integrate risk, architecture and code analysis guided by the assurance argument. - Case Study illustrating the steps of the System Assurance Methodology using automated tools.

FISMA and the Risk Management Framework

FISMA and the Risk Management Framework
Author: Daniel R. Philpott
Publisher: Newnes
Total Pages: 585
Release: 2012-12-31
Genre: Computers
ISBN: 1597496421

FISMA and the Risk Management Framework: The New Practice of Federal Cyber Security deals with the Federal Information Security Management Act (FISMA), a law that provides the framework for securing information systems and managing risk associated with information resources in federal government agencies. Comprised of 17 chapters, the book explains the FISMA legislation and its provisions, strengths and limitations, as well as the expectations and obligations of federal agencies subject to FISMA. It also discusses the processes and activities necessary to implement effective information security management following the passage of FISMA, and it describes the National Institute of Standards and Technology's Risk Management Framework. The book looks at how information assurance, risk management, and information systems security is practiced in federal government agencies; the three primary documents that make up the security authorization package: system security plan, security assessment report, and plan of action and milestones; and federal information security-management requirements and initiatives not explicitly covered by FISMA. This book will be helpful to security officers, risk managers, system owners, IT managers, contractors, consultants, service providers, and others involved in securing, managing, or overseeing federal information systems, as well as the mission functions and business processes supported by those systems. - Learn how to build a robust, near real-time risk management system and comply with FISMA - Discover the changes to FISMA compliance and beyond - Gain your systems the authorization they need

Optimal Spending on Cybersecurity Measures

Optimal Spending on Cybersecurity Measures
Author: Tara Kissoon
Publisher: Routledge
Total Pages: 144
Release: 2021-07-25
Genre: Business & Economics
ISBN: 1000440761

This book explores the strategic decisions made by organizations when implementing cybersecurity controls and leveraging economic models and theories from the economics of information security and risk-management frameworks. Based on unique and distinct research completed within the field of risk-management and information security, this book provides insight into organizational risk-management processes utilized in determining cybersecurity investments. It describes how theoretical models and frameworks rely on either specific scenarios or controlled conditions and how decisions on cybersecurity spending within organizations—specifically, the funding available in comparison to the recommended security measures necessary for compliance—vary depending on stakeholders. As the trade-off between the costs of implementing a security measure and the benefit derived from the implementation of security controls is not easily measured, a business leader’s decision to fund security measures may be biased. The author presents an innovative approach to assess cybersecurity initiatives with a risk-management perspective and leverages a data-centric focus on the evolution of cyber-attacks. This book is ideal for business school students and technology professionals with an interest in risk management.

Cyber Risk Management

Cyber Risk Management
Author: Christopher Hodson
Publisher: Kogan Page
Total Pages: 416
Release: 2019
Genre: Cyberspace
ISBN: 9780749484125

Learn how to prioritize threats, implement a cyber security programme and effectively communicate risks