The creation and operation of a cyber management framework
While we may have painted a picture of despair, filled with criminal syndicates and rogue employees looking to cause disruption at every step of the way, the reality is that if organizations can bring together a forward-thinking cybersecurity strategy combined with external expert resources, this can help enable proactive risk mitigation and support of the organizational strategy.
An effective cyber management framework can enable and encourage collaboration between the in-house cybersecurity function and a managed external function, often referred to as a managed security operations center (MSOC). Rather than an organization’s cybersecurity function being a group of techies shut away in one corner of the office, a MSOC approach takes a holistic, proactive view of cybersecurity, and more effectively contextualizes risk exposure.
This approach can address the need for cross-functional cooperation when managing cyber risk. A lack of clarity about other department needs, and their risk tolerance and operational requirements, can lead to suboptimal security solutions – which could create avoidable cyber vulnerabilities.
The heads of OT departments’ tend to be skilled engineers. But sometimes their understanding of technical operations and risk tolerance are at odds with other parts of the organization, including the IT department. By employing broad organizational risk mitigation strategies, the MSOC approach focuses on collaboration and aims to build solutions that cater to the needs of the various organizational stakeholders.
Forward-looking options can include technological functions, such as big data tools that learn the layout of your digital systems, and can distinguish between legitimate programs being uploaded by IT departments and genuinely hostile threats. However, the main aim is to bring together the diverse functions of the organization in the common understanding that maintaining operational resilience in the face of cyber threat is the responsibility of everyone in the organization, with a common goal of streamlining those responsibilities into one coherent strategy.
Keeping an eye on the big picture
Ultimately, a strong cyber-risk management strategy should take account of the wider cyber risk landscape. That means continued understanding that the bad guys are bigger, badder and better organized than ever, and recognition of the impact this can have on organizations.