|Event Date||Thu Aug 26 EDT (10 months ago)|
Boards and CEOs recognise the increasing importance of cyber security and risk management overall, according to a PWC survey of 3,249 business and technology executives – however, 26 percent will see budget cuts and 13 percent won’t see any change, so their security investments will have to be made prudently. To be certain they are making the right decisions, CISOs are seeing a need to quantify cyber risks.
By putting financial measurements on risk, an objective calculation can be used to provide reporting that is widely understood and evaluated based on management’s tolerance for risk. Done properly, these insights will allow security and risk professionals to speak the language of business leaders, thus aiding decision-making and optimising security investments.
Founder and CEO, Acuity Risk Management