by Bob Chaput | Nov 5, 2024 | Governance, Strategy, and Alignment, Regulations, Legal Cases, and Increasing Liability
Alignment of business strategy and risk appetite should minimize the firm’s exposure to large and unexpected losses. In addition, the firm’s risk management capabilities need to be commensurate with the risks it expects to take. —Jerome Powell Introduction In today’s...
by Bob Chaput | Oct 21, 2024 | Governance, Strategy, and Alignment, Regulations, Legal Cases, and Increasing Liability
So difficult it is to show the various meanings and imperfections of words when we have nothing else but words to do it with. —John Locke Introduction In today’s rapidly evolving digital landscape, I cannot overstate the importance of robust enterprise cyber risk...
by Bob Chaput | Oct 7, 2024 | Costs of Cyber Attacks and Data Breaches, Governance, Strategy, and Alignment, Regulations, Legal Cases, and Increasing Liability
There is a higher court than courts of justice and that is the court of conscience. It supersedes all other courts. —Mahatma Gandhi Introduction In recent years, the legal landscape around cybersecurity and data breaches has shifted significantly, placing increasing...
by Bob Chaput | Sep 23, 2024 | Board and CISO Interaction – Best Practices, Governance, Strategy, and Alignment
If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business. —Gary Cohn Introduction Over the last year or so, I’ve begun to settle (at least in the recesses of my mind) on the root causes for the global mess we’re in...
by Bob Chaput | Aug 26, 2024 | Blog Series - Overseeing the Development of Your ECRM Framework and Strategy, Board and CISO Interaction – Best Practices, Governance, Strategy, and Alignment
If you have ten thousand regulations, you destroy all respect for the law. —Winston Churchill Introduction Regulatory compliance has become a cornerstone of enterprise risk management in the ever-evolving cybersecurity landscape. Chapter 2 of my book, Enterprise Cyber...
by Bob Chaput | Aug 12, 2024 | Blog Educational Series - Stop the Cyber Bleeding | Putting ECRM into Action, Board and CISO Interaction – Best Practices, Governance, Strategy, and Alignment
Cybercrime is the greatest threat to every company in the world. —Ginni Rometty, former CEO, IBM Introduction The healthcare industry faces unprecedented challenges, from shrinking profit margins and rising costs to regulatory complexities and the threat of new market...
