‘The Financial Management of Cyber Risk: An Implementation Framework for CFOs’
According to the White HouseCyberspace Policy Review, between 2008 and 2009, American business losses due to cyber attacks had grown to more than $1 trillion of intellectual property. In this report, the President asked for a program that would help assign monetary value to cyber risks and consequences, giving organizations greater ability and incentive to address cybersecurity. The Financial Management of Cyber Risk: An Implementation Framework for CFOs responds directly to the President’s request, offering a pragmatic action plan that addresses cybersecurity from an enterprise-wide perspective. The briefing will begin with a video presentation and a role play depicting the dynamics of typical executive reaction to a cybersecurity attack. There will then be a presentation demonstrating how the new publication offers a framework for preventing such attacks by developing an enterprise-wide system of risk management. To download the document for free, visit webstore.ansi.org/cybersecurity (registration required).
•Date: 27th April 2010 • Region: US •Type: Article •Topic: ISM news
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