In an increasingly challenging threat landscape, many organizations struggle with implementing and enforcing effective cybersecurity governance.
The “Managing Cybersecurity Risk: A Crisis of Confidence” infographic by the CMMI Institute and ISACA states that, “While enterprise leaders recognize that mature cybersecurity is essential to thriving in today’s digital economy, they often lack the insights and data to have peace of mind that their organizations are efficiently and effectively managing cyber risk.” It also shows that cybercrime damages are projected to cost the world $6 trillion annually by 2021, up from $3 trillion in 2015, while 87% of C-suite professionals and board members lack confidence in their company’s cybersecurity capabilities.
How, then, can board leaders have confidence in this uncertain COVID-19 landscape that their organizations are prepared? The first order of business for most organizations is to enable a strong cybersecurity governance program.
Understanding cybersecurity governance
Cybersecurity governance refers to the component of an organization’s governance that addresses their dependence on cyberspace in the presence of adversaries….
