Tips for companies to ensure an intelligent cyber risk management
1. Clearly define who is responsible for what.
2. Make sure risk management activity is independent from cyber security operations. This gives you assurance that no conflict of interest is preventing problems to get addressed swiftly.
3. Make sure the management of the company is constantly informed about the cyber risks the company is exposed to.
4. Define a cyber protection strategy : Based on the identified risks, define tasks and projects that mitigate these risks. Follow the execution of these tasks at board level.
5. Define a security policy giving all the employees the necessary guidance to follow cyber security best practices : Conduct awareness campaigns in order to make sure that your employees understand what is expected.
6. Adapt constantly.