For information leaders today, there is increasing interest from non-technical parties – from the legal team to the Board – in the ongoing question “are we secure”. The challenge is that any technical leader knows that it is not a binary answer, especially in today’s business climate. The fundamental issue that information leaders must overcome is the understanding that in order for the enterprise to live on, their role must evolve. We’ve examined before the rise of risk quantification in other domains, from insurance to ship trading. However, the challenge facing the modern CISO and CIO is quantifying risks that have yet to be measured – digital risks.
*** This is a Security Bloggers Network syndicated blog from CyberSaint Blog authored by Ethan Bresnahan. Read the original post at: https://www.cybersaint.io/blog/digital-risk-redefines-enterprise-risk-management