Moving to a Risk-Based Security Approach

About the Episode

The cybersecurity market is booming, security budgets are increasing and new security technologies are constantly being developed. Why, then, do data breaches and ransomware attacks continue to wreak havoc?

Often, the underlying cause is that companies either don’t truly understand the risks they face or, if they do understand those risks, they struggle to identify the critical assets or systems they need to protect—and the most cost-effective ways to protect them.

A risk-based approach to cybersecurity allows business leaders to direct investments effectively with the goal of reducing risk over time. In a world of scarce resources, this approach leads to superior security outcomes when compared to maturity-based or compliance-based approaches.

In this episode of Managing Cyber Risk, Tia Hopkins and Mark Sangster join host Hillarie McClure to discuss why the risk-based security approach is the best choice for many organizations—and how you can get started.