Cybersecurity Risk Management: Ask This;

Cybersecurity Risk Management: Ask This;

TLDR: Ask This;

1. How does your organization position itself to optimize cybersecurity behaviours and cyber risk decision making?

2. Does your organization have a cyber risk management program and what is being done to ensure it is evolving to keep up with evolving threats?

3. Does your organization have a cyber supply chain risk management processes are identified, established, assessed, managed, and agreed to by organizational stakeholders?

4. Which departments have high risk data that the cyber threat actors would be interested in and what is the current posture in terms of security measures?

5. Do you have a Cybersecurity fusion center or something similar to gain alignment on cyber risk management?

6. Does the board have an understanding and visibility of how your organizations cyber risk appetite is being applied in business decision making related to AI?

7. Which recent headlines will impact professionals in the cyber insurance segment and risk managers concerned about privacy and network security risks in the coming months?

8. Is there a particular practice, framework, guidance or system that your organization has deployed on cyber risk management that you as a board director find to be helpful or a best practice?

9. Does the corporate officer accountable for reporting on cyber risk and resilience ensure internal coordination by all relevant parts of your organization on the cyber risks arising from AI?

10. Does the corporate officer accountable for reporting on cyber risk and resilience related to AI have sufficient visibility over all areas of your organization where AI may arise?

11. How do the investors ensure that the cybersecurity assessment is holistic and assesses the targets people, processes and technology from a cyber risk perspective?

12. Does your organization have a governance and risk assessment program for the key areas of your cybersecurity program?

13. How frequently are you required to report on enterprise cybersecurity or cyber risk posture to positions?

14. Does your organization have current information to understand cyber risks and whether its data use could be criticized?

15. What is your organization doing that could lead to compromise outside of the boundaries of the cyber risk management program?

16. Has your organization identified ownership to manage Cybersecurity risk at the board and the management level?

17. Does the board have regular briefings on the evolving Cybersecurity threat environment and how the Cybersecurity risk management program is adapting?

18. Do you have a process for looking at consequences of cyber incidents that informs your risk management process?

19. How frequently is information about your organizations cyber risk reported by IT and security executives to the board?

20. Who within your organization needs what information, and in what formats, to help drive more effective cyber risk management investments?

21. How is your organization exposed to cyber incidents in the supply chain, and how have suppliers own cybersecurity measures been assessed?

22. What types of cyber insurance or risk transfer products would your organization buy or see a need for?

23. Does your organizations cyber resilience strategy, risk scenarios and incident planning exercises take full account of system and data integrity risks, as well as confidentiality and availability?

24. Are cyber risks and cyber resilience evaluated by management using the same risk framework as other risks?

25. Is a deadly serious security environment and risk averse culture supported by a portfolio of advanced cyber supply chain risk management practices?

26. Which cyber risk monitoring and reporting mechanisms does your organization utilize and rely on today?

27. Has your organization conducted a cyber risk or vulnerability assessment of its information systems, control systems, and other networked systems?

28. How is your organization addressing IoT specific cybersecurity risks in terms of each risk consideration?

29. What kinds of information does the board need to make investments for cyber risk planning and expenditures for your organization?

30. What methodologies does your organization consider for the purpose of measuring inherent and residual cyber risk quantitatively and qualitatively?

31. Does your organization have a risk assessment framework to determine internal and external cybersecurity risks?

32. Is your organization equipped to address the cyber risk at the pace with which your business is innovating?

33. What can internal audit do to support your organizations cyber & it risk management program and objectives?

34. Do the investors have an understanding of cybersecurity risks and the influence to the overall portfolio risk level?

35. Do you carry cyber risk insurance to protect against unforeseen service outages, data that is lost or stolen, and security incidents?

36. How does your organization establish a practical and sustainable framework for long term, proactive, cyber risk mitigation?

37. Do cyber risk decision makers perceive whether wider business risks and stakeholders relate to the domain of decisions?

38. Does the board/executive management team have a comprehensive understanding of information security to fully evaluate cyber risks and preventive measures?

39. How can financial services organizations begin the journey toward establishing programs to really be more secure, vigilant, and resilient and hence transform cyber risk management programs?

40. Do you have an effective cyber risk training program in place including reporting of breaches and subsequent actions?

41. Do you have cyber risk communications mechanISMS in place to communicate recovery status with your employees and/or shareholders?

42. Has your organization conducted a cyber risk assessment to identify organization specific threats and vulnerabilities?

43. Do you have the right intelligence mechanisms in place to understand rapidly how the cyber risk is changing?

44. How often will the board be updated on the status of cyber risk management and cyber insurance coverage, and what will be the format of that report?

45. Do you know which of your users introduce the most cyber risk exposure to your organization due to the browsing behavior?

46. Is the frequency and scope of your cyber risk monitoring keeping pace with the threat trends, and how many open vulnerabilities do you have and what is the aging trend?

47. Do you fully understand the cyber risk your organization is facing and the associated reputational value risk?

48. What can companies do to better manage security investments against risk in an era of escalating cyber threats?

Organized by Key Themes: RISK, SECURITY, MANAGEMENT, DEVELOPMENT, DATA, LEAD, VALUE, SUPPLY, SOURCING, PROCESS:

RISK:

What is the importance of active threat monitoring in the management of cyber risk in your organization?

Make sure your company acts as the 2nd line oversight and independent challenge of Cybersecurity risk management activities for the Enterprise in areas such as: Cybersecurity Strategy and Governance, Cyber Threat Intelligence operations, Infrastructure Security, Vulnerability assessments, Cybersecurity Assurance, Secure Software Development Lifecycle, End point protection, Logging and Monitoring, Incident Response and Recovery, Security Architecture, Data Protection and Information Security, Third Party Risk Management, among others.?

How do you avoid, eliminate or reduce the likelihood of the risk?

Make sure the Coordinator, Cybersecurity Risk Management identifies and assesses potential information security risks, recommends mitigations and helps the organization drive the implementation of mitigations to reduce the risk to an acceptable level.?

How do you determine what is reasonable and appropriate for your organization?

Lead Third Party Security Risk Management Program by facilitating information gathering from Third Parties for cybersecurity due diligence; and performing the subsequent analysis of the materials to determine cybersecurity risk level.?

How do you take current security practices to create new models and strategies to build security value?

Develop and continually improve the cybersecurity risk management program, in alignment with Enterprise Risk Management, conduct periodic information security risk assessments and facilitate mitigation practices.?

How do you develop an improvement plan and continue to monitor its progression?

Make sure the Cyber Risk Advisor, aka IT Security Risk Analyst, is responsible for assisting in the delivery of a comprehensive cybersecurity risk management framework and the evaluation of defense-in-depth layering of security controls to improve cybersecurity posture around people, process, and technology.?

What do you have in place to validate the efficacy of your current security controls or compliance with your risk profile across insiders, suppliers, and external adversaries?

Plan, build and deploy solutions to improve the overall cyber security risk posture of the enterprise with a focus on privacy, policy management, third party vendor risk management, personal data protection and governance, and security risk evaluations of enterprise projects and programs, to identify internal and external risks and validate compliance to industry accepted standards.?

How do you ensure that your network stays in service to meet the standards appropriate to your mission and business?

Interface so that your staff oversees the creation, update, and maintenance of enterprise-wide technology Continuity of Operation policies, strategies, standards, and procedures necessary to meet the emergency management and associated regulatory needs of the organization to ensure compliance with all applicable regulatory and compliance risk laws and regulations.?

How confident is your organization that its most valuable information is properly managed and is safe from cyber threats?

Make sure the Principal Cyber Security Technical Lead drives the evolution of the cyber security risk management program offering leadership for key cyber security functions like cyber solutions, governance, risk management and/or assurance.?

What are the policies and procedures used to protect sensitive information from unauthorized access?

Establish that your organization is accountable for leading, coaching, and mentoring other staff members on aspects of the information risk management program and specific processes in order to ensure consistency, quality and productivity of deliverables.?

Do your cyber, property, and general liability policies and plans adequately protect your organization from any increased cyber exposures from IoT devices?

Liaison so that your workforce compiles reports on overall business trends, risks, losses, and issues on aggregated basis and recommends management action to minimize Cybersecurity risk exposures.?

SECURITY:

Do you adopt a risk based approach to cyber resilience using best practice or are simply focusing on compliance to regulations and standards?

Make sure the cybersecurity risk management services support the CSO Information Security and Cyber Protection Program by providing a structured approach to integrating risk management and information security into the System Development Lifecycle (SDLC) of IT systems and services.?

How will consumer and customer trust and expectations evolve in a cyber environment of greater insecurity?

Evolve the existing program strategy and foundational framework related to your cybersecurity risk management functions for Technology and Systems and Information Security Risk.?

How can plan sponsors and service providers balance fiduciary standards with the need to store and share personal data as part of the daily operations?

Provide technical analysis and supporting information through cybersecurity risk management activities such as: categorize an information system, select security controls, implement security controls, provide comprehensive assessments of an organizations risk posture.?

Do you fully understand the boards cyber updates, briefings or papers, and how that information was generated?

Make sure your team provides strategic guidance and consultation on enterprise execution of the Risk Management Framework (RMF), security compliance and monitoring, the delivery of technical reports/briefings, root cause analysis and resolution and information security policy, standards, guidelines and procedure development/implementation.?

How does your conduct risk framework align to your business model, customer base, product offerings and jurisdictional footprint?

Work with stakeholders in IT and the business to understand the work they are doing and how it intersects with Information Security and Risk Management expectations, then advise on how to best proceed by applying information security policies and standards, regulatory requirements applicable to align control and risk frameworks, and contractual or legal requirements.?

Which assets are of highest value to external parties like competitors, clients, or the general public?

Establish that your strategy advises business and technology teams concerning information security risks and compensating controls that balance risk with project implementation.?

Do you are assess your exposure to information security and privacy threats at least yearly, and enhance your risk controls in response to changes?

Make sure your personnel is responsible for the governance and oversight of the enterprise information security and IT risk management program to include defining, scoping, creating, and executing the IT and data security strategies that enhance the reliability and security of the agency systems.?

Which current threats to the business could be mitigated more efficiently if you had a particular intelligence feed available?

Conduct and/pr support cybersecurity risk assessments and action plans, including OT/SCADA environment and IT/OT convergence areas, focusing on information security requirements for the business, and providing valuable reports and progress status to feed business awareness on OT security activities.?

Do your vendors have appropriate governance, organizational design, policies and procedures to support the strategies?

Make sure the Information Security Risk Management Analyst enables effective management of technical and business risks by providing information security risk management and compliance support.?

Where do you explore the risks and opportunities associated with cybersecurity and interoperability?

Make sure the Information Security Analyst Compliance supports the CISO in identifying, evaluating and reporting on legal and regulatory, IT, and cybersecurity risk to information assets, while supporting and advancing the Enterprises business objectives.?

MANAGEMENT:

What is the single most important asset in your organization that needs to be protected from cyber attacks?

Make sure the Governance, Risk, and Compliance leader is responsible for execution and ongoing improvement of the organizations Cybersecurity risk management program which is designed to ensure that your organizations technology systems and data are adequately protected.?

How are you helping to drive a more risk aware culture that is focused on improving outcomes related to your organizations programs, services, and initiatives?

Engage closely with the Advisory Chief Technology Officer (CTO) and other Risk Management professionals to adopt consistent cyber security practices at the business level, report on cyber security risks, and drive risk mitigation.?

How do you take current security practices to create new models and strategies to build security value?

Help evaluate the operating effectiveness of Enterprise Risk Management and Cybersecurity Risk Management programs to ensure your processes are consistent and aligned with industry-leading practices and standards.?

Do you have the appropriate number of cybersecurity professionals and talent to effectively support business operations?

Develop experience applying policy and planning concepts and practices sufficient to provide guidance for the development and implementation of enterprise wide strategies relating to the effective management of organization wide IT program resources and (internal) customer support services.?

How do you define technical risk in order to support effective risk assessment?

Define business and functional requirements, provide support to business and technology teams, including requirements gathering and project management for new development and integration projects with little or no direction.?

How do you show the risk exposure after applying available mitigations?

Liaison so that your team provides advanced technical support and guidance to staff in matters relating to information management (IT) issues that involve a wide range of forensic and litigation IT support systems that typically extend and apply to an entire organization.?

How do you bring in other audit models?

Partner with key (internal) customers to address team support and performance issues with suppliers, data review and analysis, performance management and development and improvement of end-to-end value and bring innovation to the business.?

Do you have assurances that your staff, suppliers, cloud providers, contractors, overseas subsidiaries and partners can be trusted to safely access your critical information and data assets?

Liaison so that your team is evaluating supplier risk management systems, IT solutions.?

How do you find the right balance between mitigating cybersecurity risks and creating a workplace environment that fosters innovation and transparency?

Be confident that your operation is creating policies and procedures for risk management and mitigation.?

How will you provide your customers with a level of comfort and assurance on the protection and controls in the cloud environment, especially when involving third parties?

Check that your company manages an area of specialized systems software technology, such as eDiscovery and database management and life cycle development systems, involving the design and development of applications and the management of information as a resource.?

DEVELOPMENT:

What are your expectations of suppliers security and how much you are willing to pay for better security?

Certify your operation identifies and quantifies areas of product cybersecurity risk and makes recommendations to reduce those risks through the development of incident response playbooks or corporate procedures, as called out by major industry standards and corporate policies.?

Does your organizations risk culture influence the way your organization manages non financial risks?

Oversee that your team manages the development and implementation process of process improvement and system implementations.?

Which departments have high risk data that the cyber threat actors would be interested in and what is the current posture in terms of security measures?

Oversee programmatic, functional aspects, and monitor performance measures for IT investments to ensure the System Development Lifecycle (SDLC) model, architecture standards, governance and guidelines are incorporated into IT portfolio program requirements across critical mission areas.?

How significant or important is cyber risk, where risk is a product of likelihood and magnitude, when compared with all the risks your organization faces?

Interact with internal and external stakeholders, including Vendors, external Business Partners, Application Development, additional technical support team members, and Leadership to provide technical assessment, analysis, and problem solving through to resolution.?

How well does the solution handle the demands of live board meetings – as multiple logins from multiple devices?

Facilitate business and technical analysis sessions to support new web and mobile application development efforts to meet current and projected business needs.?

How do you ensure that the board and senior management are regularly involved in managing Cybersecurity risks and resource allocation?

Confirm that your process is involved in RMF policy development and strategy implementation.?

How do you gain common direction and agreement among senior management to confidently support a well targeted Cybersecurity program?

Oversee that your team is developing strategic plans and technical guidance to support IT policy development for your organization.?

How did the security exploit or data breach affect your organizations concerns over cyber liability?

Make sure your personnel provides guidance to lesser experienced auditors and promotes the development of effective team relationships and functions to ensure success in your organization.?

Are existing incentives adequate to address the current risk environment for your sector/organization?

Make headway so that your personnel is supporting policy and procedure development by providing input on design and periodic updates and suggesting process improvements.?

How do you track the skills and resources of your employees?

Make headway so that your team contributes to the development of policies and procedures related to threat operations.?

DATA:

How do you define and communicate what constitutes a qualifying vendor incident to require notification?

Ensure your IT team is responsible for supporting your continued growth by partnering with each function to align the IT strategy and identify solutions, automating business processes, developing custom software solutions, providing, and governing access to data, evaluating and implementing purchased software solutions, enabling advanced technologies like AI and ML, and managing the infrastructure and security these solutions require across the enterprise.?

How do you reduce the cost and increase the quality of cyber risk management?

Own accountability for all quality aspects and metrics of product portfolio, including system performance, platform availability, operational efficiency, risk management, information security, data management and cost effectiveness.?

How does your approach integrate with familiar risk management processes in place in most companies?

Confirm that your company is accountable for the cybersecurity risk posture of the enterprise with a focus on privacy, policy management, third party vendor risk management, and data protection and governance.?

How does management monitor whether there has been unauthorised access to digital/electronic assets and assess the impact on financial reporting?

Manage the collection, consolidation and communication of reporting and data on vendor contracts, performance, risk and relationships to key stakeholders and vendors.?

What are the likely impacts of automation and other digitalisation on the workforce, and is the business ensuring it has the skills required to enable that technology?

Provide transparency to all facets of the business and empower your organization with easily accessible and understandable information to enable data driven decision making.?

Do you agree that IoT solutions can rapidly and permanently reduce your organizations current cost of risk?

Collaborate with lines of business across your organization to design and implement a data governance framework to transform how your organization leverages data.?

Does the solution provide the ability to customize the risk scoring criteria based on individual organizations priorities?

Develop program plans that operationalize the development, implementation and sustainment of the Data Protection Roadmap and provide actionable insights for business strategies and performance.?

Should you be working with the industry and other stakeholders to identify creative risk mitigation solutions to extreme risk issues?

Support log ingestion activities in partnership with application owners and analytics platform teams, run threat modelling, co-relate data and build policies to identify insider threats in critical business applications.?

How does the proxy statement showcase the boards diversity and communicate related goals and commitments to help demonstrate the value the board places on diversity?

Invest in determining fiscal requirements and prepares budgetary recommendations to support their area of responsibility; compile and analyze operational data to direct and make recommendations to improve standards and efficiency and show positive business outcomes.?

How important is Cybersecurity for FinTech new entrants as your organization opportunity and a risk/threat?

Make headway so that your company is authoring reports and generating complete, actionable, relevant, and timely threat intelligence from OSINT, organization, and vendor supplied information and data sources.?

LEAD:

How do you drive more meaningful / actionable / valuable reports for Cyber Risk?

Lead or support Risk Management activities from product concept through commercialization, including generation of risk management plans/reports, completion and maintenance of hazard analysis, FMECA s and Cybersecurity risk assessments.?

What was the time frame between when your organization was attacked and when the attack is identified?

Lead the enterprise risk management committee and facilitate with the executive leadership for resolution of identified risk.?

How frequently is information about your organizations cyber risk reported by IT and security executives to the board?

Lead resource owners and IS staff in understanding and responding to security audit failures reported by auditors.?

How do you make certain that your organization is prepared for cyber risk from a people perspective?

Confirm that your process works with other team leads to ensure integration across teams.?

Do you use detection technology to monitor or detect the use of thumb drive/external memory drive access?

Engage with Business Leaders to drive forward the concept of Business Stewardship for process and data.?

How do you get involved in information sharing partnerships?

Warrant that your company leads departmental and cross functional teams to executive business readiness goals.?

Do you know which processes and/or systems represent the greatest assets from a cybersecurity perspective?

Lead a team of engineering-minded operations professionals to drive rapid time to market at immediate scale, maintaining product quality; own Manufacturing Test and Factory IT infrastructure from New Product Introduction (NPI) through End of Life (EOL).?

How do you identify your critical assets, associated risks, and vulnerabilities?

Lead and participate in the development, testing, implementation, maintenance, and support of highly complex solutions in adherence to company standards, including robust unit testing and support for subsequent release testing.?

How many times was the business the target of a high level attack during the past year, and how far did it reach in the system?

Verify that your strategy leads through influence; many times without direct authority.?

Is there a trust barrier between the workforce and leadership regarding executing mission within a broader risk quotient?

Create presentation materials and lead consideration for key stakeholder meetings.?

VALUE:

How do you develop an ongoing process to mitigate ICS cyber risks and maintain and integrated program?

Define and execute information security framework (value assessment, classification, risk scenarios).?

Is the frequency and scope of your cyber risk monitoring keeping pace with the threat trends, and how many open vulnerabilities do you have and what is the aging trend?

Warrant that your strategy identifies business demand requirements and partners with Business to deliver annual value improvements and drives competitive advantage.?

How do you keep up to date with developing cybersecurity risks?

Lead breakthrough value creation for the business by co developing and implementing initiatives with the business.?

Should risk measures be formally incorporated into planning performance measurement and compensation?

Assure your team provides assistance with new product requests and establishing appropriate evaluation criteria and complies results for presentation to Value Analysis teams.?

How do you determine your level of risk?

Be confident that your group provides input to determine appropriate membership and representation for Value Analysis teams and initiatives.?

How do you prepare for information security risks?

Assure your group leads by example and models behaviors that are consistent with your organizations values.?

Should you build, buy, partner or even sell your capabilities in the growing risk management ecosystem?

Support make vs buy decisions to ensure best (internal) customer value.?

How well are you communicating across your organization regarding cyber risk, mitigation activities and incident occurrence and response?

Secure that your company is communicating value propositions.?

Has the internal audit department considered an operating model that is more proactive versus reactive?

Ensure you cut costs, optimize capital, improve response times and consider ESG values.?

Do you solve the data deficit how could better industry wide data sharing on cyber breaches be effectively encouraged and standardised, and develop responsible data access or sharing methods?

Promote and encourage others to value difference when working in diverse teams.?

SUPPLY:

How do you proactively detect an attack and minimize the risk to your organization and your customers?

Verify that your process is responsible for identifying risks to your supply chain, measure risk and impact and communicating proactively to business leadership for risk mitigation.?

Have you thought about the impact specific cyber events can have and whether managements response plan is oriented properly and supported sufficiently?

Make sure your process projects may range from detailed advisory for improving a single supply chain process, such as S and OP, to broad Operations Strategy projects focused on new operating models in support of digital transformation, new business strategies or new business models.?

Is a deadly serious security environment and risk averse culture supported by a portfolio of advanced cyber supply chain risk management practices?

Confirm that your group is responsible for overall continuity of supply and active risk mitigation.?

How is your organization exposed to cyber incidents in the supply chain, and how have suppliers own cybersecurity measures been assessed?

Develop and manage Supply Agreements for critical or high risk supply channels.?

Which standards, policies and frameworks should be applied to an integrated supply chain to minimise cybersecurity risk?

Supply Chain Partnering to Improve Costs and Innovation: Developing a supply chain in partnership with internal cross functional organizations being actively involved in the engineering/research and development phase as well as tech transfer and manufacturing, ensuring outsourced relationships are leveraged proactively, anticipating needs ahead of lead times and ensuring long term resilience of cost structure and supply assurance.?

Does your organization have a map with critical physical supply, distribution & service hubs/ nodes and interrelated flows to help you visualize the IT supply chain?

Establish that your operation drives operating efficiencies by understanding business needs and complex supply markets.?

What is the solution to reducing your exposure and defending against corresponding high risk insider threats?

Guarantee your staff develops, implements, and maintains purchasing policies and procedures to ensure optimal supply inventory, cost efficiencies and standardization of required supplies.?

Which approaches ensure that your organization is effectively monitoring, measuring, managing, and reporting on cyber risk?

Lead the supply chain team in executing best practices and measuring performance through agreed upon Key Performance Indicators (KPIs).?

Is it possible to rely on assurance work done by peers or industry groups, or cybersecurity rating departments for lower risk suppliers?

Lead multi site negotiations for business terms and develop Master Supply Agreements for the supply of products and services with new and existing suppliers.?

How do you look into your supply chains cybersecurity quickly and easily?

Interface so that your team initiates the process for loading new supply contracts into the system.?

SOURCING:

How do you monitor what happens to your data over a diverse cloud based supply chain?

Interface so that your company researches purchasing trends, threats/risks to the supply chain, and develops sourcing and procurement strategies to mitigate risk to the supply chain and ensure business continuity.?

How do you assess the cost of reputational damage?

Guarantee your company is sourcing and Procurement Functional Maturity, Supplier Risk Management, Supply Base Management, Supplier Quality and Cost Management, Organizations Design for Procurement and Metrics.?

What are the most effective measures you have put in place to manage risks of your services being disrupted via your supply chain?

Own strategic supplier relationships and influencing strategy, negotiations and contracting, spends management, modeling and cost reduction roadmap execution, supplier financial health, developing and implementing critical material sourcing strategies, supply chain, and sub-supply chain risk reduction strategies.?

How do you align the application of ISO 27001 to cybersecurity framework?

Oversee that your organization conducts market and competitive conditions by category Leads engagement with business partners to influence business strategy leveraging supply market insights and align sourcing strategies.?

Does the vendor have special roles, organizations, or process to be responsible for passing cybersecurity requirements, standards, knowledge to the suppliers, and ensure there is no omission?

Be confident that your workforce has involvement with contract review and negotiations, all phases of strategic sourcing and category strategies, supplier relationship management and project management.?

How can architectural analysis be used to more effectively support cybersecurity decision making for cyber physical systems?

Make sure the Sourcing specialization leads Supplier Relationship Management program in support of the Sourcing Department goals.?

Do you have a supplier management program that establishes and monitors external supplier Cybersecurity standards?

Interface so that your process is building and manage internal business relationships by providing guidance and expertise on sourcing best practices, including supplier selection, industry insights, negotiation strategies, and contracting.?

How do you perceive the risk of attacks via suppliers?

Assure your team is sourcing specialization is responsible for driving the sourcing procurement of goods and services in alignment with business leadership, along with contracting and supplier relationship management.?

Does a risk governance structure exist that clearly defines corporate roles and responsibilities relating to Cybersecurity risk identification and management?

Communicate lead times and Sourcing strategies clearly with Product Development and Category Management teams.?

How confident are you in your managements ability to respond to and mitigate the scope of IT/cyber threats in the current environment?

Ensure key business partners understand the strategic and tactical direction for sourcing efforts allowing for integration with organization and department strategies.?

PROCESS:

How do you financially transfer risks?

Certify your process leads cross functional teams to assess business requirements and risk assessment and identify process improvement and standardization opportunities.?

Is the provider committed to an experienced security function and is willing to collaborate on security and risk topics with the customer?

Collaborate with the business throughout the recruitment process to ensure goals and objectives are met.?

How involved is the board in reviewing and approving enterprise resilience strategy and associated risks?

Secure that your operation is involved in organization contracts, processes and procedures.?

How can organizations approach infrastructure modernization and expansion to take advantage of all the data coming in and deliver services quickly, intelligently and cost effectively?

Develop and implement a scalable training program to comprehensively deliver content for all S and P-related systems and best-practice process methodologies, using a combination of live and recorded sessions (i.?

How well do the operational practices within organizations manage the risk from Cybersecurity threats?

Develop, communicate, and train your organization on business practices, tools and processes.?

How do you most effectively mitigate the risks associated with adopting a cloud computing solution so as to maximize the benefits?

Make sure there is involvement in driving process improvements and operations that maximize (internal) customer experience results.?

Does your current administrator have dedicated information security staff who proactively identify and resolve cybersecurity vulnerabilities?

Ensure that invoices are processed quickly and efficiently and working with Accounts payable/Finance to resolve any queries with priority to ensure that the Credit Rating for business is not impacted by late payment of invoices.?

How do you know where to invest to reduces your cyber risks?

Liaison so that your strategy has involvement resolving process bottlenecks.?

Has the audit committee considered your organizations total risk exposure for a cyberattack, including the financial, legal and reputational impacts?

Establish key metrics for performance and implement processes to improve and drive operational excellence in order to exceed them.?

How do you classify vendor incident notifications?

Ensure your organization results driven with a process mindset.