RiskLens Blog

The Risk of a Controls Focus in IT Audit: Losing Sight of the Asset

Posted November 8, 2018 by Rachel Slabotsky

During my previous career working in internal IT audit, I conducted audits over various processes and technologies, which ultimately resulted in the issuance of a report with findings and recommendations. Each finding was then assigned a risk rating (high, medium, or low) ... Continue Reading

New eBook: Set Up Your FAIR Program in 7 Steps

Posted November 5, 2018 by Jeff B. Copeland

If you’re considering introducing FAIR to your organization, building a quantitative risk management program, and enabling cost-effective decision making but are unsure of how to take the next (or first) step, the new eBook from FAIR creator Jack Jones An Adoption Guide for FAIR, is an action plan in seven steps. ... Continue Reading

Habit for Highly Effective CISOs: Begin with the End in Mind

Posted October 31, 2018 by Leanne Scott

At RiskLens, we study and try to exemplify the principles in The 7 Habits of Highly Effective People by Stephen R. Covey, especially Habit 2: Begin with the End in Mind.  ... Continue Reading

Nick Sanna in ‘SecurityWeek’ on ‘Broken Communication’ Between CISOs and the Business

Posted October 31, 2018 by Jeff B. Copeland

In an article just published on the SecurityWeek website, Communication Is Broken Between CISOs and the Rest of the Business, RiskLens CEO Nick Sanna takes CISOs to task for failing to upgrade their communication skills, as senior management and boards increasingly focus on cybersecurity concerns. ... Continue Reading

Cyber Risk Communication to the Board: Getting Better All the Time

Posted October 26, 2018 by Jeff B. Copeland

In a recent survey of board members by PwC,  82% said that cyber threats had moved from an IT issue to one that would drive overall strategic change for their companies. It’s an evolutionary change in board attitudes ... Continue Reading

Join Jack Jones, Nick Sanna for NACD Forum ‘Demand More in Cyber Risk Reporting’

Posted October 24, 2018 by Jeff B. Copeland

The National Association of Corporate Directors (NACD) 2018 members survey on corporate governance found that nearly a quarter of the directors were dissatisfied with reporting on cybersecurity ... Continue Reading

Case Study Webinar: RiskLens Settles a Decision on Controls Investment

Posted October 23, 2018 by Jeff B. Copeland

Listen to this webinar on demand to hear RiskLens Consultant Taylor Chester tell the story of a recent engagement with a large financial organization that started with a basic question: How to decide between two types of controls (purging data or tokenizing records) to protect against malicious exfiltration of data? ... Continue Reading

Wall St. Journal Says FAIR Helps Companies ‘Better Understand Cost of Cyber Threats’

Posted October 18, 2018 by Jeff B. Copeland

The Journal’s WSJ Pro Cybersecurity’s Cyber Daily newsletter took a look at Charles Schwab Corp.’s rollout of Factor Analysis of Information Risk, the FAIR model that powers the RiskLens platform – and liked what it saw. ... Continue Reading

Diary of a 4-day RiskLens Pilot

Posted October 17, 2018 by Rebecca Merritt

A RiskLens pilot is a test drive, a mini-implementation of the RiskLens platform in your environment with your data. Coming into the pilot, the main focus is to complete a risk analysis using real numbers from the company ... Continue Reading

How to Set a (Meaningful) Cyber Risk Appetite with RiskLens

Posted October 16, 2018 by Rachel Slabotsky

Establishing a well-defined risk appetite has long been a moving target in cyber risk management. The conventional red-amber-green approach to cyber risk has influenced the treatment of risk appetite and led to some common pitfalls that become obvious when RiskLens consultants apply the principles of the FAIR model. Here are some of the problem areas we see:  ... Continue Reading

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