Cybersecurity, much like business continuity, vendor management, audit management, and other business areas, is not mutually exclusive from risk management. Rather, all of these solution areas together make up an effective risk management program. None of these solutions can be executed effectively without collaboration between departments. Cybersecurity overlays your organization’s overall governance structure. Combining it with the solutions mentioned above will make your risk management effort more effective and your cyberspace more secure.
In the modern business environment, technological advancements easily outpace regulatory requirements and standards. Such advancements prove to be a double-edged sword; although technological advancement streamlines operational capacity, reduces costs, and increases efficiency, it also opens up new vulnerabilities. New technologies mean new tools for both businesses and attackers alike, but the more you rely on technology, the more exposed you are to related weaknesses.
Cybersecurity risk assessments are essential to enterprise governance. LogicManager provides the content and platform necessary to connecting applicable IT standards, frameworks, compliance requirements, risks, controls, and resources.