With increasing awareness of cyber attacks comes increasing interest from company leadership.
A UK government report released in March 2022 states: “Four out of five senior managers (82 per cent) in UK businesses now see cyber security as a ‘very high’ or ‘fairly high’ priority, up from 77 per cent in 2021.”
But communicating technical intricacies with non-technical colleagues can be a significant challenge for cyber security professionals. Especially when the answer to a question is “I can’t guarantee that but…”
In fact, a survey from the Ponemon Institute shows that only 9% of security teams feel they are highly effective in communicating security risks to the board.
Using Darkbeam’s Horizon platform, cyber security leaders can identify risks across the company’s entire ecosystem (including its supply chain). These risks can then be presented numerically, a language familiar to most in business.
Dividing suppliers and partners into Watchlists allows these numerical values to represent departments, functions or divisions. So technical jargon and comparisons can be replaced by “The risk levels in our manufacturing supply chain are 20% higher than elsewhere in the business”.
Additionally, comprehensive breakdowns of risk factors per supplier mean that businesses can address risk in a targeted way. So the above explanation becomes “The risk levels in our manufacturing supply chain are 20% higher than elsewhere in the business. This is because two of our key suppliers have a problem with compromised credentials and we have sent them a report to address the issue”.
Start monitoring your first and third party cyber risks with a myHorizon account.
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