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Money, reputation, and data are just a few of the things that must be safeguarded while doing business. Protecting customer information is a top priority for the business. Defective techniques of protecting data may put it in greater danger. Some of the most prevalent cybersecurity blunders may be avoided. Here are some of the most prevalent mistakes:

Threat notifications are often ignored by certain individuals. People's personal information has been compromised in numerous high-profile identity theft incidents in the United States. It will take a long time to find these breaches, and by the time they are, the harm has already been done.

Another common mistake in cybersecurity is underestimating the threat of an attack. There have been several examples of email scams that have resulted in millions of dollars in losses for both people and businesses. You become susceptible if you don't scan emails for viruses.

Don't underestimate cyber attacks. Educate yourself by following Executive...

Today I’ll discuss risk probability and impact and give you some examples to build your own impact and probability table.

• Probability
• Impact

Thanks.
Dr. Bill Souza
CEO/Founder
E|CE - Executive Cyber Education
https://www.execcybered.com 

We are so focused on the threats and the vulnerabilities that allowed a hack to occur that we forget the basics. The protection necessary to prevent or slow down these attacks already exists, and they exist for a long time.

Welcome to the Executive Cyber Education podcast, cyber risk management driving real impact; I am Dr. Bill Souza. As I mentioned in my previous episode, today we will discuss exceptions tracking and expirations.

Exceptions to any cybersecurity policy or standards must be reviewed and approved by management and then tracked for expiration and mitigation. Here are a few elements you should have in your exception record:

• Title (perhaps goes without saying, but just in case)
• Business justification
• Mitigation or remediation plan
• Owner

These elements are the minimum required from the individual entering the exception; everything else will be entered by the cybersecurity department, such as inherent risk, residual risk, expiration date, security control, and who in the organization will be signing/accepting the risk. The rule of thumb is the following:

• Very high or high exceptions not to exceed 12 months (or six months if you have the resources)
• Medium...

As I mentioned in my previous episode, there’s much more to discuss on cybersecurity exceptions, such as the risk they pose to the organization and the hidden dangers of cumulative risk.  

Exceptions to any cybersecurity policy or standards must be reviewed and approved by management, and this will vary by organization; however, a good rule to follow is the basis on residual risk, for example: 

• Very high: Senior Vice President 
• High: Vice President 
• Medium: Director 

• Low/Very low: Senior Manager 

Your organization may have different titles or a three-tier risk level (high, medium, and low) instead of a five-tier level. It is also vital that two individuals sign off on the exception, the requestor’s management, following the same residual risk-based process, and the cybersecurity leadership. The only difference is that the...

If your cybersecurity standards were written to protect the organization, why do you have security exceptions? Today, I will dive into why security exceptions are the norm, discuss the risk they posed, cumulative risk, tracking, expirations, and exception metrics.

Your standard development team writes an excellent standard; it follows all the best practices of the NIST Cybersecurity Framework, the ISO 27001, or any other industry-recognized standards and frameworks, but most of all, it is common sense, right? Anyone working on or with a cybersecurity team in a large organization knows this does not happen! Exceptions happen. The typical exceptions vary; however, the pattern usually falls into three categories:

• First, it comes from projects or any deployments, such as new servers (or replacement/upgrades) or applications.
• Second, and this one is more typical in larger organizations. That is when the corporate office or parent company pushes new security standards to strategic...

Assets Classification

Let us start with why asset classification is so essential; asset classification is the foundation of everything else to come in cybersecurity; it will help your organization, for example, small or large, to better understand, manage, identify, and classify your assets. Here is the challenge, the business will hear, "oh, you want to spend how much, just to know what we have, which you should have known to begin with?" These are tricky questions to answer, as the business sees no value in this effort, it is not making their product or service better, the customer does not see any improvements in service or features, and so on.

However, it will assist your leadership in determining which processes and assets are the most important in assuring critical operations, service delivery, and overall business resilience. This, in turn, indicates where to focus your cybersecurity investments in a world of limited budgets and increasing costs. Now you could...