As organizations increasingly shift to digital business models and expand their remote workforces, they’re being faced with a growing wave of security threats – including cyberattacks. In response, risk management is evolving and the role of CISOs is changing, as they can no longer focus solely on IT security.
CISO’s responsibilities are broadening to include everything from safeguarding data and dealing with disruptive events to managing third parties, handling regulatory compliance, and helping to counter cyber threats. Yet at the same time, they must become more strategic, speaking the language of the C-suite to help build understanding – and give advice – around the cyber implications of business decisions.
CISO’s need to take a proactive approach to business activities and their impact on risk.
Every business activity involves risk, so prioritizing risk is critical. Compliance controls provide a good first step, but they aren’t sufficient on their own. Information silos between compliance and risk management systems make it difficult, if not impossible, for InfoSec teams to understand what is increasing risk and how it impacts business activities as well as the business overall.
Identifying and categorizing risks as they relate to business activities is critical to understanding, quantifying and reducing those risks. What’s needed is a real-time, unified view of both compliance and risk that helps guide decision making and makes it easier for CISO’s to communicate with key business stakeholders – and Reciprocity is here to help.
We’re working on some exciting new innovations that will simplify the journey from compliance to effective information security by breaking down these silos, and providing InfoSec teams with a unified view of risk and compliance that will help guide decision making.
Don’t miss our webinar on March 16th to learn more: Effective InfoSec Begins with “Reciprocity” Between Compliance & Risk.