Assessing And Insuring Cybersecurity Risk

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Assessing and Insuring Cybersecurity Risk

Author : Ravi Das
Publisher : CRC Press
ISBN 13 : 1000459977
Total Pages : 167 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Assessing and Insuring Cybersecurity Risk by : Ravi Das

Download or read book Assessing and Insuring Cybersecurity Risk written by Ravi Das and published by CRC Press. This book was released on 2021-10-07 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remote workforces using VPNs, cloud-based infrastructure and critical systems, and a proliferation in phishing attacks and fraudulent websites are all raising the level of risk for every company. It all comes down to just one thing that is at stake: how to gauge a company’s level of cyber risk and the tolerance level for this risk. Loosely put, this translates to how much uncertainty an organization can tolerate before it starts to negatively affect mission critical flows and business processes. Trying to gauge this can be a huge and nebulous task for any IT security team to accomplish. Making this task so difficult are the many frameworks and models that can be utilized. It is very confusing to know which one to utilize in order to achieve a high level of security. Complicating this situation further is that both quantitative and qualitative variables must be considered and deployed into a cyber risk model. Assessing and Insuring Cybersecurity Risk provides an insight into how to gauge an organization’s particular level of cyber risk, and what would be deemed appropriate for the organization’s risk tolerance. In addition to computing the level of cyber risk, an IT security team has to determine the appropriate controls that are needed to mitigate cyber risk. Also to be considered are the standards and best practices that the IT security team has to implement for complying with such regulations and mandates as CCPA, GDPR, and the HIPAA. To help a security team to comprehensively assess an organization’s cyber risk level and how to insure against it, the book covers: The mechanics of cyber risk Risk controls that need to be put into place The issues and benefits of cybersecurity risk insurance policies GDPR, CCPA, and the the CMMC Gauging how much cyber risk and uncertainty an organization can tolerate is a complex and complicated task, and this book helps to make it more understandable and manageable.

Security Risk Models for Cyber Insurance

Author : David Rios Insua
Publisher : CRC Press
ISBN 13 : 1000336166
Total Pages : 173 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Security Risk Models for Cyber Insurance by : David Rios Insua

Download or read book Security Risk Models for Cyber Insurance written by David Rios Insua and published by CRC Press. This book was released on 2020-12-20 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tackling the cybersecurity challenge is a matter of survival for society at large. Cyber attacks are rapidly increasing in sophistication and magnitude—and in their destructive potential. New threats emerge regularly, the last few years having seen a ransomware boom and distributed denial-of-service attacks leveraging the Internet of Things. For organisations, the use of cybersecurity risk management is essential in order to manage these threats. Yet current frameworks have drawbacks which can lead to the suboptimal allocation of cybersecurity resources. Cyber insurance has been touted as part of the solution – based on the idea that insurers can incentivize companies to improve their cybersecurity by offering premium discounts – but cyber insurance levels remain limited. This is because companies have difficulty determining which cyber insurance products to purchase, and insurance companies struggle to accurately assess cyber risk and thus develop cyber insurance products. To deal with these challenges, this volume presents new models for cybersecurity risk management, partly based on the use of cyber insurance. It contains: A set of mathematical models for cybersecurity risk management, including (i) a model to assist companies in determining their optimal budget allocation between security products and cyber insurance and (ii) a model to assist insurers in designing cyber insurance products. The models use adversarial risk analysis to account for the behavior of threat actors (as well as the behavior of companies and insurers). To inform these models, we draw on psychological and behavioural economics studies of decision-making by individuals regarding cybersecurity and cyber insurance. We also draw on organizational decision-making studies involving cybersecurity and cyber insurance. Its theoretical and methodological findings will appeal to researchers across a wide range of cybersecurity-related disciplines including risk and decision analysis, analytics, technology management, actuarial sciences, behavioural sciences, and economics. The practical findings will help cybersecurity professionals and insurers enhance cybersecurity and cyber insurance, thus benefiting society as a whole. This book grew out of a two-year European Union-funded project under Horizons 2020, called CYBECO (Supporting Cyber Insurance from a Behavioral Choice Perspective).

Solving Cyber Risk

Author : Andrew Coburn
Publisher : John Wiley & Sons
ISBN 13 : 1119490936
Total Pages : 384 pages
Book Rating : 4.1/5 (194 download)

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Book Synopsis Solving Cyber Risk by : Andrew Coburn

Download or read book Solving Cyber Risk written by Andrew Coburn and published by John Wiley & Sons. This book was released on 2018-12-18 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The non-technical handbook for cyber security risk management Solving Cyber Risk distills a decade of research into a practical framework for cyber security. Blending statistical data and cost information with research into the culture, psychology, and business models of the hacker community, this book provides business executives, policy-makers, and individuals with a deeper understanding of existing future threats, and an action plan for safeguarding their organizations. Key Risk Indicators reveal vulnerabilities based on organization type, IT infrastructure and existing security measures, while expert discussion from leading cyber risk specialists details practical, real-world methods of risk reduction and mitigation. By the nature of the business, your organization’s customer database is packed with highly sensitive information that is essentially hacker-bait, and even a minor flaw in security protocol could spell disaster. This book takes you deep into the cyber threat landscape to show you how to keep your data secure. Understand who is carrying out cyber-attacks, and why Identify your organization’s risk of attack and vulnerability to damage Learn the most cost-effective risk reduction measures Adopt a new cyber risk assessment and quantification framework based on techniques used by the insurance industry By applying risk management principles to cyber security, non-technical leadership gains a greater understanding of the types of threat, level of threat, and level of investment needed to fortify the organization against attack. Just because you have not been hit does not mean your data is safe, and hackers rely on their targets’ complacence to help maximize their haul. Solving Cyber Risk gives you a concrete action plan for implementing top-notch preventative measures before you’re forced to implement damage control.

How to Measure Anything in Cybersecurity Risk

Author : Douglas W. Hubbard
Publisher : John Wiley & Sons
ISBN 13 : 1119892309
Total Pages : 374 pages
Book Rating : 4.1/5 (198 download)

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Book Synopsis How to Measure Anything in Cybersecurity Risk by : Douglas W. Hubbard

Download or read book How to Measure Anything in Cybersecurity Risk written by Douglas W. Hubbard and published by John Wiley & Sons. This book was released on 2023-04-11 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: A start-to-finish guide for realistically measuring cybersecurity risk In the newly revised How to Measure Anything in Cybersecurity Risk, Second Edition, a pioneering information security professional and a leader in quantitative analysis methods delivers yet another eye-opening text applying the quantitative language of risk analysis to cybersecurity. In the book, the authors demonstrate how to quantify uncertainty and shed light on how to measure seemingly intangible goals. It's a practical guide to improving risk assessment with a straightforward and simple framework. Advanced methods and detailed advice for a variety of use cases round out the book, which also includes: A new "Rapid Risk Audit" for a first quick quantitative risk assessment. New research on the real impact of reputation damage New Bayesian examples for assessing risk with little data New material on simple measurement and estimation, pseudo-random number generators, and advice on combining expert opinion Dispelling long-held beliefs and myths about information security, How to Measure Anything in Cybersecurity Risk is an essential roadmap for IT security managers, CFOs, risk and compliance professionals, and even statisticians looking for novel new ways to apply quantitative techniques to cybersecurity.

Cyber Strategy

Author : Carol A. Siegel
Publisher : CRC Press
ISBN 13 : 1000048500
Total Pages : 178 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Cyber Strategy by : Carol A. Siegel

Download or read book Cyber Strategy written by Carol A. Siegel and published by CRC Press. This book was released on 2020-03-23 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber Strategy: Risk-Driven Security and Resiliency provides a process and roadmap for any company to develop its unified Cybersecurity and Cyber Resiliency strategies. It demonstrates a methodology for companies to combine their disassociated efforts into one corporate plan with buy-in from senior management that will efficiently utilize resources, target high risk threats, and evaluate risk assessment methodologies and the efficacy of resultant risk mitigations. The book discusses all the steps required from conception of the plan from preplanning (mission/vision, principles, strategic objectives, new initiatives derivation), project management directives, cyber threat and vulnerability analysis, cyber risk and controls assessment to reporting and measurement techniques for plan success and overall strategic plan performance. In addition, a methodology is presented to aid in new initiative selection for the following year by identifying all relevant inputs. Tools utilized include: Key Risk Indicators (KRI) and Key Performance Indicators (KPI) National Institute of Standards and Technology (NIST) Cyber Security Framework (CSF) Target State Maturity interval mapping per initiative Comparisons of current and target state business goals and critical success factors A quantitative NIST-based risk assessment of initiative technology components Responsible, Accountable, Consulted, Informed (RACI) diagrams for Cyber Steering Committee tasks and Governance Boards’ approval processes Swimlanes, timelines, data flow diagrams (inputs, resources, outputs), progress report templates, and Gantt charts for project management The last chapter provides downloadable checklists, tables, data flow diagrams, figures, and assessment tools to help develop your company’s cybersecurity and cyber resiliency strategic plan.

Financial Cybersecurity Risk Management

Author : Paul Rohmeyer
Publisher : Apress
ISBN 13 : 1484241940
Total Pages : 276 pages
Book Rating : 4.4/5 (842 download)

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Book Synopsis Financial Cybersecurity Risk Management by : Paul Rohmeyer

Download or read book Financial Cybersecurity Risk Management written by Paul Rohmeyer and published by Apress. This book was released on 2018-12-13 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand critical cybersecurity and risk perspectives, insights, and tools for the leaders of complex financial systems and markets. This book offers guidance for decision makers and helps establish a framework for communication between cyber leaders and front-line professionals. Information is provided to help in the analysis of cyber challenges and choosing between risk treatment options. Financial cybersecurity is a complex, systemic risk challenge that includes technological and operational elements. The interconnectedness of financial systems and markets creates dynamic, high-risk environments where organizational security is greatly impacted by the level of security effectiveness of partners, counterparties, and other external organizations. The result is a high-risk environment with a growing need for cooperation between enterprises that are otherwise direct competitors. There is a new normal of continuous attack pressures that produce unprecedented enterprise threats that must be met with an array of countermeasures. Financial Cybersecurity Risk Management explores a range of cybersecurity topics impacting financial enterprises. This includes the threat and vulnerability landscape confronting the financial sector, risk assessment practices and methodologies, and cybersecurity data analytics. Governance perspectives, including executive and board considerations, are analyzed as are the appropriate control measures and executive risk reporting. What You’ll Learn Analyze the threat and vulnerability landscape confronting the financial sector Implement effective technology risk assessment practices and methodologies Craft strategies to treat observed risks in financial systemsImprove the effectiveness of enterprise cybersecurity capabilities Evaluate critical aspects of cybersecurity governance, including executive and board oversight Identify significant cybersecurity operational challenges Consider the impact of the cybersecurity mission across the enterpriseLeverage cybersecurity regulatory and industry standards to help manage financial services risksUse cybersecurity scenarios to measure systemic risks in financial systems environmentsApply key experiences from actual cybersecurity events to develop more robust cybersecurity architectures Who This Book Is For Decision makers, cyber leaders, and front-line professionals, including: chief risk officers, operational risk officers, chief information security officers, chief security officers, chief information officers, enterprise risk managers, cybersecurity operations directors, technology and cybersecurity risk analysts, cybersecurity architects and engineers, and compliance officers

Enterprise Cybersecurity in Digital Business

Author : Ariel Evans
Publisher : Routledge
ISBN 13 : 1000459330
Total Pages : 562 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Enterprise Cybersecurity in Digital Business by : Ariel Evans

Download or read book Enterprise Cybersecurity in Digital Business written by Ariel Evans and published by Routledge. This book was released on 2022-03-23 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber risk is the highest perceived business risk according to risk managers and corporate insurance experts. Cybersecurity typically is viewed as the boogeyman: it strikes fear into the hearts of non-technical employees. Enterprise Cybersecurity in Digital Business: Building a Cyber Resilient Organization provides a clear guide for companies to understand cyber from a business perspective rather than a technical perspective, and to build resilience for their business. Written by a world-renowned expert in the field, the book is based on three years of research with the Fortune 1000 and cyber insurance industry carriers, reinsurers, and brokers. It acts as a roadmap to understand cybersecurity maturity, set goals to increase resiliency, create new roles to fill business gaps related to cybersecurity, and make cyber inclusive for everyone in the business. It is unique since it provides strategies and learnings that have shown to lower risk and demystify cyber for each person. With a clear structure covering the key areas of the Evolution of Cybersecurity, Cybersecurity Basics, Cybersecurity Tools, Cybersecurity Regulation, Cybersecurity Incident Response, Forensics and Audit, GDPR, Cybersecurity Insurance, Cybersecurity Risk Management, Cybersecurity Risk Management Strategy, and Vendor Risk Management Strategy, the book provides a guide for professionals as well as a key text for students studying this field. The book is essential reading for CEOs, Chief Information Security Officers, Data Protection Officers, Compliance Managers, and other cyber stakeholders, who are looking to get up to speed with the issues surrounding cybersecurity and how they can respond. It is also a strong textbook for postgraduate and executive education students in cybersecurity as it relates to business.

Cybersecurity Risk Management Complete Self-Assessment Guide

Author : Gerardus Blokdyk
Publisher :
ISBN 13 : 9781489192073
Total Pages : 0 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis Cybersecurity Risk Management Complete Self-Assessment Guide by : Gerardus Blokdyk

Download or read book Cybersecurity Risk Management Complete Self-Assessment Guide written by Gerardus Blokdyk and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cyberinsurance Policy

Author : Josephine Wolff
Publisher : MIT Press
ISBN 13 : 0262544180
Total Pages : 291 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Cyberinsurance Policy by : Josephine Wolff

Download or read book Cyberinsurance Policy written by Josephine Wolff and published by MIT Press. This book was released on 2022-08-30 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why cyberinsurance has not improved cybersecurity and what governments can do to make it a more effective tool for cyber risk management. As cybersecurity incidents—ranging from data breaches and denial-of-service attacks to computer fraud and ransomware—become more common, a cyberinsurance industry has emerged to provide coverage for any resulting liability, business interruption, extortion payments, regulatory fines, or repairs. In this book, Josephine Wolff offers the first comprehensive history of cyberinsurance, from the early “Internet Security Liability” policies in the late 1990s to the expansive coverage offered today. Drawing on legal records, government reports, cyberinsurance policies, and interviews with regulators and insurers, Wolff finds that cyberinsurance has not improved cybersecurity or reduced cyber risks. Wolff examines the development of cyberinsurance, comparing it to other insurance sectors, including car and flood insurance; explores legal disputes between insurers and policyholders about whether cyber-related losses were covered under policies designed for liability, crime, or property and casualty losses; and traces the trend toward standalone cyberinsurance policies and government efforts to regulate and promote the industry. Cyberinsurance, she argues, is ineffective at curbing cybersecurity losses because it normalizes the payment of online ransoms, whereas the goal of cybersecurity is the opposite—to disincentivize such payments to make ransomware less profitable. An industry built on modeling risk has found itself confronted by new technologies before the risks posed by those technologies can be fully understood.

Risk Assessment and Countermeasures for Cybersecurity

Author : Mohammed Amin Almaiah
Publisher : Information Science Reference
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Risk Assessment and Countermeasures for Cybersecurity by : Mohammed Amin Almaiah

Download or read book Risk Assessment and Countermeasures for Cybersecurity written by Mohammed Amin Almaiah and published by Information Science Reference. This book was released on 2024-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relentless growth of cyber threats poses an escalating challenge to our global community. The current landscape of cyber threats demands a proactive approach to cybersecurity, as the consequences of lapses in digital defense reverberate across industries and societies. From data breaches to sophisticated malware attacks, the vulnerabilities in our interconnected systems are glaring. As we stand at the precipice of a digital revolution, the need for a comprehensive understanding of cybersecurity risks and effective countermeasures has never been more pressing. Risk Assessment and Countermeasures for Cybersecurity is a book that clarifies many of these challenges in the realm of cybersecurity. It systematically navigates the web of security challenges, addressing issues that range from cybersecurity risk assessment to the deployment of the latest security countermeasures. As it confronts the threats lurking in the digital shadows, this book stands as a catalyst for change, encouraging academic scholars, researchers, and cybersecurity professionals to collectively fortify the foundations of our digital world.

Cybersecurity

Author : Ishaani Priyadarshini
Publisher : CRC Press
ISBN 13 : 1000406911
Total Pages : 420 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Cybersecurity by : Ishaani Priyadarshini

Download or read book Cybersecurity written by Ishaani Priyadarshini and published by CRC Press. This book was released on 2022-03-10 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first of its kind to introduce the integration of ethics, laws, risks, and policies in cyberspace. The book provides understanding of the ethical and legal aspects of cyberspace along with the risks involved. It also addresses current and proposed cyber policies, serving as a summary of the state of the art cyber laws in the United States. It also, importantly, incorporates various risk management and security strategies from a number of organizations. Using easy-to-understand language and incorporating case studies, the authors begin with the consideration of ethics and law in cybersecurity and then go on to take into account risks and security policies. The section on risk covers identification, analysis, assessment, management, and remediation. The very important topic of cyber insurance is covered as well—its benefits, types, coverage, etc. The section on cybersecurity policy acquaints readers with the role of policies in cybersecurity and how they are being implemented by means of frameworks. The authors provide a policy overview followed by discussions of several popular cybersecurity frameworks, such as NIST, COBIT, PCI/DSS, ISO series, etc.

How to Measure Anything in Cybersecurity Risk

Author : Douglas W. Hubbard
Publisher : John Wiley & Sons
ISBN 13 : 1119085292
Total Pages : 304 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis How to Measure Anything in Cybersecurity Risk by : Douglas W. Hubbard

Download or read book How to Measure Anything in Cybersecurity Risk written by Douglas W. Hubbard and published by John Wiley & Sons. This book was released on 2016-07-25 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A ground shaking exposé on the failure of popular cyber risk management methods How to Measure Anything in Cybersecurity Risk exposes the shortcomings of current "risk management" practices, and offers a series of improvement techniques that help you fill the holes and ramp up security. In his bestselling book How to Measure Anything, author Douglas W. Hubbard opened the business world's eyes to the critical need for better measurement. This book expands upon that premise and draws from The Failure of Risk Management to sound the alarm in the cybersecurity realm. Some of the field's premier risk management approaches actually create more risk than they mitigate, and questionable methods have been duplicated across industries and embedded in the products accepted as gospel. This book sheds light on these blatant risks, and provides alternate techniques that can help improve your current situation. You'll also learn which approaches are too risky to save, and are actually more damaging than a total lack of any security. Dangerous risk management methods abound; there is no industry more critically in need of solutions than cybersecurity. This book provides solutions where they exist, and advises when to change tracks entirely. Discover the shortcomings of cybersecurity's "best practices" Learn which risk management approaches actually create risk Improve your current practices with practical alterations Learn which methods are beyond saving, and worse than doing nothing Insightful and enlightening, this book will inspire a closer examination of your company's own risk management practices in the context of cybersecurity. The end goal is airtight data protection, so finding cracks in the vault is a positive thing—as long as you get there before the bad guys do. How to Measure Anything in Cybersecurity Risk is your guide to more robust protection through better quantitative processes, approaches, and techniques.

Managing Cyber Risk

Author : Ariel Evans
Publisher : Routledge
ISBN 13 : 0429614268
Total Pages : 134 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Managing Cyber Risk by : Ariel Evans

Download or read book Managing Cyber Risk written by Ariel Evans and published by Routledge. This book was released on 2019-03-28 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber risk is the second highest perceived business risk according to U.S. risk managers and corporate insurance experts. Digital assets now represent over 85% of an organization’s value. In a survey of Fortune 1000 organizations, 83% surveyed described cyber risk as an organizationally complex topic, with most using only qualitative metrics that provide little, if any insight into an effective cyber strategy. Written by one of the foremost cyber risk experts in the world and with contributions from other senior professionals in the field, Managing Cyber Risk provides corporate cyber stakeholders – managers, executives, and directors – with context and tools to accomplish several strategic objectives. These include enabling managers to understand and have proper governance oversight of this crucial area and ensuring improved cyber resilience. Managing Cyber Risk helps businesses to understand cyber risk quantification in business terms that lead risk owners to determine how much cyber insurance they should buy based on the size and the scope of policy, the cyber budget required, and how to prioritize risk remediation based on reputational, operational, legal, and financial impacts. Directors are held to standards of fiduciary duty, loyalty, and care. These insights provide the ability to demonstrate that directors have appropriately discharged their duties, which often dictates the ability to successfully rebut claims made against such individuals. Cyber is a strategic business issue that requires quantitative metrics to ensure cyber resiliency. This handbook acts as a roadmap for executives to understand how to increase cyber resiliency and is unique since it quantifies exposures at the digital asset level.

The Cyber Risk Handbook

Author : Domenic Antonucci
Publisher : John Wiley & Sons
ISBN 13 : 1119308801
Total Pages : 442 pages
Book Rating : 4.1/5 (193 download)

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Book Synopsis The Cyber Risk Handbook by : Domenic Antonucci

Download or read book The Cyber Risk Handbook written by Domenic Antonucci and published by John Wiley & Sons. This book was released on 2017-05-01 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Actionable guidance and expert perspective for real-world cybersecurity The Cyber Risk Handbook is the practitioner's guide to implementing, measuring and improving the counter-cyber capabilities of the modern enterprise. The first resource of its kind, this book provides authoritative guidance for real-world situations, and cross-functional solutions for enterprise-wide improvement. Beginning with an overview of counter-cyber evolution, the discussion quickly turns practical with design and implementation guidance for the range of capabilities expected of a robust cyber risk management system that is integrated with the enterprise risk management (ERM) system. Expert contributors from around the globe weigh in on specialized topics with tools and techniques to help any type or size of organization create a robust system tailored to its needs. Chapter summaries of required capabilities are aggregated to provide a new cyber risk maturity model used to benchmark capabilities and to road-map gap-improvement. Cyber risk is a fast-growing enterprise risk, not just an IT risk. Yet seldom is guidance provided as to what this means. This book is the first to tackle in detail those enterprise-wide capabilities expected by Board, CEO and Internal Audit, of the diverse executive management functions that need to team up with the Information Security function in order to provide integrated solutions. Learn how cyber risk management can be integrated to better protect your enterprise Design and benchmark new and improved practical counter-cyber capabilities Examine planning and implementation approaches, models, methods, and more Adopt a new cyber risk maturity model tailored to your enterprise needs The need to manage cyber risk across the enterprise—inclusive of the IT operations—is a growing concern as massive data breaches make the news on an alarmingly frequent basis. With a cyber risk management system now a business-necessary requirement, practitioners need to assess the effectiveness of their current system, and measure its gap-improvement over time in response to a dynamic and fast-moving threat landscape. The Cyber Risk Handbook brings the world's best thinking to bear on aligning that system to the enterprise and vice-a-versa. Every functional head of any organization must have a copy at-hand to understand their role in achieving that alignment.

Cyber-Risk Management

Author : Atle Refsdal
Publisher : Springer
ISBN 13 : 3319235702
Total Pages : 145 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Cyber-Risk Management by : Atle Refsdal

Download or read book Cyber-Risk Management written by Atle Refsdal and published by Springer. This book was released on 2015-10-01 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a brief and general introduction to cybersecurity and cyber-risk assessment. Not limited to a specific approach or technique, its focus is highly pragmatic and is based on established international standards (including ISO 31000) as well as industrial best practices. It explains how cyber-risk assessment should be conducted, which techniques should be used when, what the typical challenges and problems are, and how they should be addressed. The content is divided into three parts. First, part I provides a conceptual introduction to the topic of risk management in general and to cybersecurity and cyber-risk management in particular. Next, part II presents the main stages of cyber-risk assessment from context establishment to risk treatment and acceptance, each illustrated by a running example. Finally, part III details four important challenges and how to reasonably deal with them in practice: risk measurement, risk scales, uncertainty, and low-frequency risks with high consequence. The target audience is mainly practitioners and students who are interested in the fundamentals and basic principles and techniques of security risk assessment, as well as lecturers seeking teaching material. The book provides an overview of the cyber-risk assessment process, the tasks involved, and how to complete them in practice.

Embracing Risk

Author : Mingyan Liu
Publisher : Springer Nature
ISBN 13 : 3031023811
Total Pages : 127 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Embracing Risk by : Mingyan Liu

Download or read book Embracing Risk written by Mingyan Liu and published by Springer Nature. This book was released on 2022-06-01 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to the theory and practice of cyber insurance. Insurance as an economic instrument designed for risk management through risk spreading has existed for centuries. Cyber insurance is one of the newest sub-categories of this old instrument. It emerged in the 1990s in response to an increasing impact that information security started to have on business operations. For much of its existence, the practice of cyber insurance has been on how to obtain accurate actuarial information to inform specifics of a cyber insurance contract. As the cybersecurity threat landscape continues to bring about novel forms of attacks and losses, ransomware insurance being the latest example, the insurance practice is also evolving in terms of what types of losses are covered, what are excluded, and how cyber insurance intersects with traditional casualty and property insurance. The central focus, however, has continued to be risk management through risk transfer, the key functionality of insurance. The goal of this book is to shift the focus from this conventional view of using insurance as primarily a risk management mechanism to one of risk control and reduction by looking for ways to re-align the incentives. On this front we have encouraging results that suggest the validity of using insurance as an effective economic and incentive tool to control cyber risk. This book is intended for someone interested in obtaining a quantitative understanding of cyber insurance and how innovation is possible around this centuries-old financial instrument.

Stepping Through Cybersecurity Risk Management

Author : Jennifer L. Bayuk
Publisher : John Wiley & Sons
ISBN 13 : 1394213956
Total Pages : 340 pages
Book Rating : 4.3/5 (942 download)

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Book Synopsis Stepping Through Cybersecurity Risk Management by : Jennifer L. Bayuk

Download or read book Stepping Through Cybersecurity Risk Management written by Jennifer L. Bayuk and published by John Wiley & Sons. This book was released on 2024-03-26 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stepping Through Cybersecurity Risk Management Authoritative resource delivering the professional practice of cybersecurity from the perspective of enterprise governance and risk management. Stepping Through Cybersecurity Risk Management covers the professional practice of cybersecurity from the perspective of enterprise governance and risk management. It describes the state of the art in cybersecurity risk identification, classification, measurement, remediation, monitoring and reporting. It includes industry standard techniques for examining cybersecurity threat actors, cybersecurity attacks in the context of cybersecurity-related events, technology controls, cybersecurity measures and metrics, cybersecurity issue tracking and analysis, and risk and control assessments. The text provides precise definitions for information relevant to cybersecurity management decisions and recommendations for collecting and consolidating that information in the service of enterprise risk management. The objective is to enable the reader to recognize, understand, and apply risk-relevant information to the analysis, evaluation, and mitigation of cybersecurity risk. A well-rounded resource, the text describes both reports and studies that improve cybersecurity decision support. Composed of 10 chapters, the author provides learning objectives, exercises and quiz questions per chapter in an appendix, with quiz answers and exercise grading criteria available to professors. Written by a highly qualified professional with significant experience in the field, Stepping Through Cybersecurity Risk Management includes information on: Threat actors and networks, attack vectors, event sources, security operations, and CISO risk evaluation criteria with respect to this activity Control process, policy, standard, procedures, automation, and guidelines, along with risk and control self assessment and compliance with regulatory standards Cybersecurity measures and metrics, and corresponding key risk indicators The role of humans in security, including the “three lines of defense” approach, auditing, and overall human risk management Risk appetite, tolerance, and categories, and analysis of alternative security approaches via reports and studies Providing comprehensive coverage on the topic of cybersecurity through the unique lens of perspective of enterprise governance and risk management, Stepping Through Cybersecurity Risk Management is an essential resource for professionals engaged in compliance with diverse business risk appetites, as well as regulatory requirements such as FFIEC, HIIPAA, and GDPR, as well as a comprehensive primer for those new to the field. A complimentary forward by Professor Gene Spafford explains why “This book will be helpful to the newcomer as well as to the hierophants in the C-suite. The newcomer can read this to understand general principles and terms. The C-suite occupants can use the material as a guide to check that their understanding encompasses all it should.”