Saturday, July 20

Tag: mitigating cyber risks

Measuring Outcomes and Mitigating Cyber Risks: The Importance of KRIs and KPIs in a Risk-Based Approach

Measuring Outcomes and Mitigating Cyber Risks: The Importance of KRIs and KPIs in a Risk-Based Approach

Channel
In today's ever-evolving business landscape, technology and cybersecurity have become critical components that enable modern enterprises to operate with enhanced efficiency and effectiveness. However, with the pervasive use of technology, organizations are increasingly exposed to sophisticated cyber threats that can result in severe consequences, including financial losses, reputational damage, and legal liabilities. It is important to note that effective cybersecurity management goes beyond just managing technology risk and involves managing business risk. To this end, organizations must view cybersecurity as a strategic imperative that is integrated into their overall risk management framework. Board of directors in any enterprise plays a critical role in ensuring that an organizatio...