“Greenlight risk and regulatory compliance solutions provide an enterprise-wide approach to effectively govern cyber risk, manage regulatory change and quantify the impact of financial and operational risk. Our unique ability to integrate with and correlate data across multiple business applications, coupled with powerful analytics aimed at business users, delivers enterprise visibility of risk exposure and regulatory compliance from a single platform.”- Wharton University of Pennsylvania
The state of cyber governance is terribly insufficient to protect business’ and governments’ interests. Currently, cyber criminals have the free rein to pillage and plunder businesses all over the world. If something isn’t done on global scale, cyber-crime threatens economic and technical growth world-wide. Getting governments to put aside political tensions and ideological differences impedes an effective and strong international cyber governance entity.
To protect themselves immediately, businesses are going to have to be responsible for their own cyber governance. Businesses need to look at two aspects of cyber governance. Strengthening their defenses from a technological standpoint and intensifying their cyber policy training so that employees understand the credible threat of a cyber attack. Christopher Burgress explains cyber security in 2015
“The big trend change for 2015 is that cybersecurity awareness is having an impact,” said Tom Currie, president of RiskAnalytics. “2015 is the year that public awareness about phishing is getting regular coverage on the mainstream (nontech) press. The general population clearly understands that personal defense against cybersecurity fraud is now a part of everyday life.”
Risk Management/IT officer
Many times, businesses delegate the responsibility for cyber security to the IT department. In this age of international cyber crime syndicates, this really is not a viable solution. You need to look into some form of collaboration with your risk management department and your IT department. Perhaps consider creating a position that is a liaison between the two departments – a Risk Management/IT officer.
How then do you implement cyber governance without stifling freedom and growth? You have to find a way to bring all the stakeholders of government, academia and business together to work cooperatively. One thing is for certain, businesses, educational institutions and governments must establish cyber policies that train their employees to keep their computer use at work separate from their personal computer use.
Government partnership with private industry was one of the main topics covered at the “Protecting Critical Infrastructure and Key Resources in, from and through Cyberspace” summit held Sept. 22 and 23 here at the George C. Marshall European Center for Security Studies. DVIDS – News
To speak to a Greenlight Technologies advisor about cyber governance, please contact us.
Greenlight Technologies. Enterprise Solutions. Beyond Boundaries.
Greenlight risk and regulatory compliance solutions provide an enterprise-wide approach to effectively govern cyber risk, manage regulatory change and quantify the impact of financial and operational risk. Our unique ability to integrate with and correlate data across multiple business applications, coupled with powerful analytics aimed at business users, delivers enterprise visibility of risk exposure and regulatory compliance from a single platform.
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