IDC PeerScape: Best Practices for a Successful Cyber-Risk Management Program
This IDC PeerScape discusses best practices for a successful cyber-risk management program."A cybersecurity risk management program identifies the potential risks facing any organization and then prioritizes and plans defenses to avert, mitigate, or accept those risks. In all cases, risk assessment should look at the business impacts of each threat and prioritize defenses in terms of how they protect business operations and processes and customer data," says David Weldon, adjunct research advisor with IDC's IT Executive Programs (IEP).
Please Note: Extended description available upon request.
- IDC PeerScape Figure
- Executive Summary
- Peer Insights
- Practice 1: Review and Upgrade Cybersecurity Measures and Tools as Needed in Reaction to New Threats
- Challenge
- Examples
- County of San Bernardino, California
- Net Health
- TruStone Financial Federal Credit Union
- Guidance
- Practice 2: Treat Cyber-Risk Management as a Business Concern
- Challenge
- Examples
- County of San Bernardino, California
- Net Health
- TruStone Financial Federal Credit Union
- Guidance
- Practice 3: Determine the Board's Risk Appetite; Communicate Vulnerabilities That Could Impact the Bottom Line
- Challenge
- Examples
- County of San Bernardino, California
- Net Health
- TruStone Financial Federal Credit Union
- Guidance
- Practice 4: View Cyber-Risk Management as an Opportunity to Strengthen IT Systems and Architectures
- Challenge
- Examples
- County of San Bernardino, California
- Net Health
- TruStone Financial Federal Credit Union
- Guidance
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