Cyber Risk Protection and Resilience Planning for Boards – Malware News – Malware Analysis, News ….>
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Key components of a cyber risk protection and resilience planning for boards should include the following items: 1. Defining Success: The board should define the objectives and success criteria for the organisation’s cyber risk protection and resilience efforts. 2. Risk Assessment: The board should ensure an up-to-date and comprehensive assessment of the organization’s cyber risk profile is performed. This should include identifying risk-relevant assets, systems, processes, and stakeholders, as well as threat analysis and scenario modelling. 3. Policies and Procedures: The board should ensure the organization develops, adopts, and follows robust policies and procedures to protect its information assets. 4. Security Controls: The board should ensure the organization deploys technical, administrative, and physical controls to mitigate identified risks. 5. Incident Response: The board should be familiar with and regularly tested disaster recovery plans and incident response procedures, including staff members’ roles and responsibilities. 6. Financial and Regulatory Considerations: The board should ensure the organization carefully considers financial implications and regulatory requirements of cyber risk reduction initiatives. 7. Continuous Monitoring, Testing and Evaluation: The board should ensure the organisation reviews and adjusts its plans regularly. This includes continuous monitoring …
Link: https://malware.news/t/cyber-risk-protection-and-resilience-planning-for-boards/70076