Emerging technologies have given rise to CISOs becoming strategic in their company’s growth. CISOs are now expected to be key decision-makers, influencing corporate strategy and guiding their organizations through the complexities of the current age. They are slowly transitioning from being technical experts in security architecture, security operations, infrastructure security, and network security to visionaries in strategic cybersecurity and business growth. As they make this transition, it is increasingly vital for CISOs to understand the fundamentals of risk management.
While many general risk management elements are in practice for organizations as part of the risk mitigation process or, due to compliance and regulatory requirements, some key risk management fundamentals still need to be thoroughly understood by CISOs as they step into these strategic roles.
As CISOs take on more strategic responsibilities, they must apply cyber risk fundamentals as they work with other executive leaders to implement holistic security measures for all parts of the organization. This blog delves into the importance of cyber risk management fundamentals across all business…