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Cyber Defense Magazine - Annual RSA Conference 2019 - Print Edition

Cyber Defense Magazine - Electronic Version - Annual RSA Conference 2019 - Print Edition

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Inspiring Greater<br />

Accountability with<br />

Improved Security KPIs<br />

By Lewie Dunsworth, EVP Technical Operations, Herjavec Group<br />

Getting a good night’s sleep has become increasingly difficult for CISO’s. In<br />

a recent <strong>Cyber</strong>security CEO piece Herjavec Group Founder & CEO, Robert<br />

Herjavec, referenced how CISOs toss and turn, kept awake by thoughts of:<br />

• Accountability to leadership – being held accountable to delivering<br />

on expectations as the board approves investments to improve security<br />

• Capability of team – questioning do I have the right skills<br />

and right people to do the right things?<br />

• Compliance & Privacy Regulation – how do GDPR, and other<br />

industry or regional regulations impact my security program?<br />

The good news is that the CEO<br />

and board are more engaged<br />

in cybersecurity conversations<br />

than ever before. C-Level<br />

members are no longer passing<br />

off responsibility. CISOs aren’t<br />

educating in the board room as<br />

they used to – and trust me, I’ve<br />

been in their shoes. The board is<br />

asking the right questions and<br />

holding their teams accountable.<br />

I would confidently say the<br />

C-suite is maturing when it<br />

comes to security knowledge.<br />

Keep in mind, each player around<br />

that table may have slightly<br />

different priorities:<br />

- CEO – Concerned with<br />

the reputation of the company in<br />

the event of a breach. How could<br />

credibility, customer retention<br />

and overall stock price/business<br />

value be impacted?<br />

- CFO – How will we fund<br />

ongoing security initiatives?<br />

Are we maximizing the value of<br />

our investments today? What<br />

risk remains and what risk are<br />

we sharing with 3rd parties,<br />

including contractors, suppliers<br />

and customers?<br />

- COO – Will any<br />

business operation be impacted<br />

by the security program or<br />

new technology roll out? Is the<br />

roadmap on schedule? What<br />

is our incident response plan to<br />

regain business operation in the<br />

event of a breach?<br />

At the end of the day the C-Suite<br />

shares mutual concerns about<br />

security risk and liability in the<br />

event of a breach. How you<br />

communicate this and keep<br />

them informed is pivotal.<br />

As security becomes a more<br />

digestible topic of conversation<br />

at the quarterly board meeting<br />

it’s imperative CISOs have the<br />

proper metrics to measure their<br />

progress and the inherent risks<br />

that remain. Herjavec Group<br />

recommends aligning early with<br />

your executive leadership team<br />

on a Security Roadmap – then<br />

developing key performance<br />

indicators (KPIs) that you can<br />

report on so status updates and<br />

progress measurements are<br />

concise, clear and continue to be<br />

digestible.<br />

<strong>Cyber</strong> <strong>Defense</strong> <strong>Magazine</strong> - <strong>Annual</strong> <strong>Print</strong> <strong>Edition</strong> <strong>2019</strong> 9

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