Demonstrating Cybersecurity Value: Beyond Metrics
Cybersecurity professionals grapple with a paradox: How do we prove our worth when our success often lies in what doesn’t happen? The attacks we prevent and the breaches we thwart are the silent victories. But they matter profoundly to the business.
The Unseen Value
Risk Reduction and Business Continuity
Detection and Response
Investment Justification
Actionable Steps
1. Scenario-Based Simulations
2. Threat Intelligence ROI
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3. Post-Incident Learning
4. Business Impact Assessments
Conclusion
Our true value lies in the unseen—the attacks that never materialize, the business continuity preserved. We elevate cybersecurity from a cost center to a strategic asset by weaving these narratives into our metrics.
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#Cybersecurity #RiskManagement #InfoSec #Metrics #BusinessValue #CISO #leadership #business #leberconsultingllc
About the Author: Dr. Dennis E. Leber is a global business leader, trusted strategic advisor, and professor specializing in cybersecurity and risk management. He advocates for a holistic approach to security, blending technology, people, and processes.
Disclaimer: The views expressed in this article are solely those of the author and do not represent any organization or entity.
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? 2024 Dr. Dennis E. Leber. All rights reserved.
Navy Vet Graduate, Cybersecurity, Desktop Support, Customer Service oriented. Bilingual, Networking, Infosec
2 个月Great article, this is the most difficult part as you said "Translate risk reduction into tangible terms. Calculate the potential financial impact of averted breaches." (Leber, 2024). With the ever increasing cybersecurity attacks and articles online many businesses are aware of the threat. However, they still think "oh this won't happen to us" until it happens. A CISO being able to show senior executives in numbers what the potential financial loss would be is key for cybersecurity awareness and implementing a strong defense system.
CEO & Co-founder at Kovrr | Cyber Risk Quantification
2 个月Quantifying exposure levels (and the relative reduction in these levels with various initiatives) is the most strategic measure CISOs can take to underscore the value that proactive cyber risk management brings to the business to the non-technical stakeholders that too often believe otherwise. It's all about transforming the abstract into the tangible - which is crucial for budget justification. Your point about opportunity cost is also a powerful leveraging chip, as CISO can use financial quantification to demonstrate the implications that inadequate investment would have. This potential loss might be well within risk appetite levels. Still, at the very least, stakeholders can make more informed decisions. Nice write-up!
Network Manager | Email Administrator | VoIP Administrator | Cybersecurity
2 个月I like the point that cyber security is the unseen. The attacks that never materialize because you are stopping them. It is a cost that most companies don't want to spend.
MSc.| BSc.| Cybersecurity Professional - Risk / Vulnerability Management & vCISO
2 个月Very informative
Senior Security Program Manager | Leading Cybersecurity Initiatives | Driving Strategic Security Solutions| Cybersecurity Excellence | Cloud Security
2 个月Great point, Dennis! Ever thought about highlighting 'near-miss' incidents to show the value of prevention? It could make the impact more tangible for stakeholders.