How Companies Achieve Balance Between Technology Enabled Innovation and Cyber-security


Book Description

With increasing economic pressures and exponential growth in technological innovations, companies are increasingly relying on digital technologies to fulfill their innovation and value creation agendas. At the same time, based on the increasing levels of cyber-security breaches, it is clear that the trustworthiness of many established and new technologies is not yet well addressed or appreciated as a fundamental core value in the new digital economy. Consequently, companies are aggressively pursuing strategies to increase cybersecurity of their existing and new digital assets. Many ClOs are faced with having to deal with both of these priorities simultaneously and find them to be frequently conflicting, and creating tensions. This exploratory study first introduces a framework for evaluating these risk/reward trade-offs. Through a survey and a series of interviews, companies are positioned in different quadrants on a digital innovation and cyber-security maturity matrix. This positioning is then overlaid with the perceptual negative impact of cyber-security controls on the innovative projects. The thesis then analyzes the industry level, firm level, technology management and the technology maturity factors that affect this perception and these trade-offs. Ultimately the thesis provides a set of practical recommendations for any company to evaluate their own positioning on the innovation / cyber-security matrix, understand the underlying factors that affect that position and how to better manage these trade-offs.




Beyond Cybersecurity


Book Description

Move beyond cybersecurity to take protection of your digital business to the next level Beyond Cybersecurity: Protecting Your Digital Business arms your company against devastating online security breaches by providing you with the information and guidance you need to avoid catastrophic data compromise. Based upon highly-regarded risk assessment analysis, this critical text is founded upon proprietary research, client experience, and interviews with over 200 executives, regulators, and security experts, offering you a well-rounded, thoroughly researched resource that presents its findings in an organized, approachable style. Members of the global economy have spent years and tens of billions of dollars fighting cyber threats—but attacks remain an immense concern in the world of online business. The threat of data compromise that can lead to the leak of important financial and personal details can make consumers suspicious of the digital economy, and cause a nosedive in their trust and confidence in online business models. Understand the critical issue of cyber-attacks, and how they are both a social and a business issue that could slow the pace of innovation while wreaking financial havoc Consider how step-change capability improvements can create more resilient organizations Discuss how increased collaboration within the cybersecurity industry could improve alignment on a broad range of policy issues Explore how the active engagement of top-level business and public leaders can achieve progress toward cyber-resiliency Beyond Cybersecurity: Protecting Your Digital Business is an essential resource for business leaders who want to protect their organizations against cyber-attacks.




Implementing New Technology


Book Description




Cyber Security Impact on Digitalization and Business Intelligence


Book Description

This book takes a unique approach by exploring the connection between cybersecurity, digitalization, and business intelligence. In today's digital landscape, cybersecurity is a crucial aspect of business operations. Meanwhile, organizations continue to leverage digital technologies for their day-to-day operations. They must be aware of the risks associated with cyber-attacks and implement robust cybersecurity measures to protect their assets. It provides practical insights and solutions to help businesses better understand the impact of cybersecurity on their digitalization and business intelligence strategies. It provides practical insights and solutions for implementing cybersecurity measures in organizations and covers a wide range of topics, including threat intelligence, risk management, compliance, cloud security, and IoT security. The book takes a holistic approach and explores the intersection of cybersecurity, digitalization, and business intelligence and examines the possible challenges and opportunities.




Building a Cyber Resilient Business


Book Description

Learn how to build a proactive cybersecurity culture together with the rest of your C-suite to effectively manage cyber risks Key FeaturesEnable business acceleration by preparing your organization against cyber risksDiscover tips and tricks to manage cyber risks in your organization and build a cyber resilient businessUnpack critical questions for the C-suite to ensure the firm is intentionally building cyber resilienceBook Description With cyberattacks on the rise, it has become essential for C-suite executives and board members to step up and collectively recognize cyber risk as a top priority business risk. However, non-cyber executives find it challenging to understand their role in increasing the business's cyber resilience due to its complex nature and the lack of a clear return on investment. This book demystifies the perception that cybersecurity is a technical problem, drawing parallels between the key responsibilities of the C-suite roles to line up with the mission of the Chief Information Security Officer (CISO). The book equips you with all you need to know about cyber risks to run the business effectively. Each chapter provides a holistic overview of the dynamic priorities of the C-suite (from the CFO to the CIO, COO, CRO, and so on), and unpacks how cybersecurity must be embedded in every business function. The book also contains self-assessment questions, which are a helpful tool in evaluating any major cybersecurity initiatives and/or investment required. With this book, you'll have a deeper appreciation of the various ways all executives can contribute to the organization's cyber program, in close collaboration with the CISO and the security team, and achieve a cyber-resilient, profitable, and sustainable business. What you will learnUnderstand why cybersecurity should matter to the C-suiteExplore how different roles contribute to an organization's securityDiscover how priorities of roles affect an executive's contribution to securityUnderstand financial losses and business impact caused by cyber risksCome to grips with the role of the board of directors in cybersecurity programsLeverage the recipes to build a strong cybersecurity cultureDiscover tips on cyber risk quantification and cyber insuranceDefine a common language that bridges the gap between business and cybersecurityWho this book is for This book is for the C-suite and executives who are not necessarily working in cybersecurity. The guidebook will bridge the gaps between the CISO and the rest of the executives, helping CEOs, CFOs, CIOs, COOs, etc., to understand how they can work together with the CISO and their team to achieve organization-wide cyber resilience for business value preservation and growth.




Cybersecurity Architect's Handbook


Book Description

Discover the ins and outs of cybersecurity architecture with this handbook, designed to enhance your expertise in implementing and maintaining robust security structures for the ever-evolving digital landscape Key Features Gain insights into the cybersecurity architect role and master key skills to excel in it Acquire a diverse skill set for becoming a cybersecurity architect through up-to-date, practical examples Discover valuable tips and best practices to launch your career in cybersecurity Purchase of the print or Kindle book includes a free PDF eBook Book DescriptionStepping into the role of a Cybersecurity Architect (CSA) is no mean feat, as it requires both upskilling and a fundamental shift in the way you view cybersecurity altogether. Cybersecurity Architect’s Handbook is an all-encompassing guide, introducing the essential skills for aspiring CSAs, outlining a path for cybersecurity engineers and newcomers to evolve into architects, and sharing best practices to enhance the skills of existing CSAs. Following a brief introduction to the role and foundational concepts, this book will help you understand the day-to-day challenges faced by CSAs, supported by practical examples. You'll gain insights into assessing and improving your organization’s security posture, concerning system, hardware, and software security. You'll also get to grips with setting user and system policies and protocols through effective monitoring and enforcement, along with understanding countermeasures that protect the system from unauthorized access attempts. To prepare you for the road ahead and augment your existing skills, the book provides invaluable tips and practices that will contribute to your success as a CSA. By the end of this book, you’ll be well-equipped to take up the CSA role and execute robust security solutions.What you will learn Get to grips with the foundational concepts and basics of cybersecurity Understand cybersecurity architecture principles through scenario-based examples Navigate the certification landscape and understand key considerations for getting certified Implement zero-trust authentication with practical examples and best practices Find out how to choose commercial and open source tools Address architecture challenges, focusing on mitigating threats and organizational governance Who this book is for This book is for cybersecurity professionals looking to transition into a cybersecurity architect role. Solution architects interested in understanding the scope of the role and the necessary skills for success will also find this book useful.




Information Security and Innovation


Book Description

Organizations need to innovate and evolve or go into extinction- to cope with demands of being innovative and meet the current and future needs of customers, organizations must be prepared to embrace technologies in the cyberspace. Gartner’s 2016 Hype Cycle reveals distinct technology trends which are complimented by Forbes top 25 most innovative companies as factors responsible for companies’ consistent leadership and profitability in their respective industries. Imbibing technology innovations comes with inherent cyber security challenges owing to dynamic threat landscape and potential breaches. This research study proffers guides using a Risk assessment approach to technology innovation as means of balancing the need to imbibe technology innovations and remain cyber secured. It also designs a guide to integrate information security into an innovation process as a holistic approach to meeting the concerns of companies that want to technologically innovate while maintaining the information security and business needs of the organization.




Fintech, Inclusive Growth and Cyber Risks: Focus on the MENAP and CCA Regions


Book Description

Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial inclusion. This paper reviews the fintech landscape in the MENAP and CCA regions, identifies the constraints to the growth of fintech and its contribution to inclusive growth and considers policy options to unlock the potential.




Making Business Sense of Technology Risk


Book Description

If you look at any survey of the top risks facing organizations, you will find technology-related risks (such as cyber and disruptive technologies) among those cited as being of greatest concern. But executives and board members say they are not getting the information they need to understand how to address those risks. They don't know how much to invest in cyber, for example, when funds are scarce. Is the cyber risk so great that they should divert funds from acquisitions or product development? Even chief information security officers are reporting a disconnect with the leaders of the organization. Apparently they know that the board and top management don't understand what is being reported, and they are not satisfied they are getting the support they need. But if the board and top management don't understand how and why technology risk might affect the achievement of their goals as leaders of the organization, it's not surprising they are not providing the funds the technical staff says they need. At the same time, do the technical teams understand how the risks they see might actually affect the organization and its success? Are they looking at the risks with a business or a technician's eye? In his latest book, Norman Marks builds on the concepts in his earlier World-Class Risk Management and suggests an approach that moves the discussion of technology-related risk into the language of the business. He analyzes the primary sources of guidance (from NIST and ISO) and points out the limitations: they may be good for technicians, but do they help us understand the risk to enterprise objectives that may arise from failures related to technology? Norman discusses ways to consider how the possibility of technology failures (and opportunities) should affect decision-making, both strategic and tactical. In the process, he tackles topics such as: Risk is not a point, but a range How to aggregate multiple risks Integrating risk and performance reporting What is acceptable when it comes to technology-related risk How to enable leaders of the organization to make intelligent and informed decisions that consider technology-related risks and more




ISSE/SECURE 2007 Securing Electronic Business Processes


Book Description

This book presents the most interesting talks given at ISSE/SECURE 2007 - the forum for the interdisciplinary discussion of how to adequately secure electronic business processes. The topics include: Identity Management, Information Security Management - PKI-Solutions, Economics of IT-Security - Smart Tokens, eID Cards, Infrastructure Solutions - Critical Information Infrastructure Protection, Data Protection, Legal Aspects. Adequate information security is one of the basic requirements of all electronic business processes. It is crucial for effective solutions that the possibilities offered by security technology can be integrated with the commercial requirements of the applications. The reader may expect state-of-the-art: best papers of the Conference ISSE/SECURE 2007.