It sounds like this roundtable was a resounding success! Tim Grieveson is sharing these insightful takeaways. We're thrilled to see such meaningful discussions taking place and appreciate your role in driving them forward. #CyberRiskManagement #Governance #Collaboration
Great Bitsight and Rela8 Group breakfast roundtable this morning (The Price of Security: Assessing and Managing Cyber Risks) with the select group of risk & cyber executives discussing risk quantification, reporting to the board, defining risk appetite and 3rd party risk governance. Thank you to those who participated and shared there experience and views with the group! Key takeaways aways - 1. Become Chief Translations Officers to enable security and risk to be communicated in business outcomes and language to both IT and the business. 2. Use Metrics, Data and Visulisation (including relevant industry stories) to ensure understanding and gain executive buy-in, support and investment. 3. Assume continuous and fluid security strategy and risk appetite is needed, reviewed and adjusted depending on current and emerging threats and regulatory landscape 4. Cross Business collaboration is essential to form a cohesive and enabling security strategy to meet demand as opposed to a regulation only lead approach. 5. Ensure you have qualative and quantitative data of sufficient breadth and depth to ensure confidence, focus and direction is derived. 6. Work with trusted partners to help accelerate and drive efficient programmes and look for optimisation opportunities on internal business processes, solutions and practices especially when managing the growing supply chain footprint. Bitsight, Rela8 Group #CyberRiskManagement #Governance #SupplyChain #Metrics #OldScotlandYardHotel
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