How to Use a Risk Management Framework to Elevate Your Cybersecurity Program

Presented by

M. James Gomez, CISO | CyberSec Consulting & Jingcong Zhao, Director of Content Marketing | Hyperproof

About this talk

According to Forrester, enterprises are predicted to spend $12.6 billion on cloud security tools by 2023, up from $5.6B in 2018. Yet, companies continue to experience sizable data breaches, with over 2000 confirmed cases of data breaches in 2019. As data breaches have become common, B2B buyers have become highly attuned to vendor risk. As such, security certs like SOC 2 and ISO 27001 reports have become common procurement gates. Without a risk management framework or strategic tools in place, organizations will struggle to maintain their desired risk profile and struggle to identify weaknesses in their control environment even as they devote more resources to cybersecurity and compliance. By aligning your security and compliance program to a risk management framework, your organization can ensure that risks to assets are properly identified, assessed, monitored and remediated. You can also improve the utilization of cybersecurity tools and lower the cost of compliance.
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