Efficient management control systems will reduce a firm's likelihood of suffering significant losses from cybersecurity breaches. Drawing on and extending the extant agency-based capital budgeting literature, this paper demonstrates the relevance of the study of management accounting controls to problems ...
To mitigatecybersecurity risk, you must determine what kinds of security controls (prevent, deter, detect, correct, etc.) to apply. Not all risks can be eliminated, nor do you have an unlimited budget or personnel to combat every risk. There arepractical strategies you can implement to reduce...
Efficient management control systems will reduce a firm's likelihood of suffering significant losses from cybersecurity breaches. Drawing on and extending the extant agency-based capital budgeting literature, this paper demonstrates the relevance of the study of management accounting controls to problems ...
Discover how to strategically present security controls to the board to better manage cyber risk.By: Fernando Cardoso February 14, 2024 Read time: ( words) In the rapidly evolving landscape of cyber threats, organizations face the dual challenge of managing business risk and aligning with ever-...
If you need assistance in implementing cybersecurity management concepts and getting your cybersecurity program development off the ground, LMG can help by performing a Security Fundamentals Security Controls assessment to establish a baseline of where your program stands with prioritized recommendations ...
CSAM is a critical component of key security industry frameworks, includingNIST Cybersecurity FrameworkandCenter for Internet Security Critical Security Controls. If an asset -- be it physical, virtual or cloud-based -- connects to or interacts with other assets on an organization's network, it ...
Changes in either one—the emergence of new threats or the addition of new IT assets—can open up new vulnerabilities or make previously effective controls obsolete. By maintaining constant surveillance, the company can tweak its cybersecurity program and risk management strategy in nearly real time...
Today’s cybersecurity attackers pivot fast, leaving organizations scrambling to automate controls and deploy security patches to keep up, but such tactics don’t reduce future exposure. What’s needed is a continuous threat exposure management (CTEM) program that surfaces and actively prioritizes wh...
Once you have identified and assessed the risks, you need to implement security controls to mitigate them. This might include implementing firewalls, intrusion detection systems, or encryption. Creating incident response plans If a cyberattack does occur, it is important to have a plan in place fo...
Key controls help alleviate risks to business, from the information security department and beyond. In this lesson, you'll learn more about these...