2. Risk Management Strategy Disclosure Requirements

  • Description of processes, if any, for the assessment, identification, and management of material risks from cybersecurity threats, including:
  • Whether and how processes have been integrated into the overall risk management system or processes

 

  • Engagements with assessors, consultants, auditors, or other third parties in connection with any such processes
  • Disclosure of whether any risks from cybersecurity threats have materially affected or are reasonably likely to materially affect their business strategy, results of operations, or financial condition.

3.Governance and Board Expertise Disclosure Requirements

  • Description of the board’s oversight of risks from cybersecurity threat and any devoted committees or subcommittees

 

  • Description of management’s role in assessing and managing the registrant’s material risks from cybersecurity threats which may include:
  • Management positions or committees are responsible for assessing and managing risks, and the relevant expertise of each person
  • Processes on how management is informed about and monitor the prevention, detection, mitigation, and remediation of cybersecurity incidents
  • How information about such risks to the board of directors or a committee or subcommittee of the board of directors.

Our Approach

Cyber Risk Management: A Strategic Imperative for Visionary Risk Leaders

In the ever-evolving digital landscape, the role of a Chief Risk Officer is paramount. At the core of your responsibilities is fostering a culture of resilience and innovation. BluOcean collaborates with you to transform Cyber Risk Management into a catalyst for positive growth and to provide deep insights that protect your company from systemic cyber risks.

  • Tailored Insights for Informed Decisions

Our journey begins with a deep dive into your business operations, acknowledging that “You can’t protect something if you don’t know how it works”. BluOcean designs a Materiality Framework tailored to your business, enabling you to identify and quantify your unique business risks from cyber attacks.  This ensures that each cyber risk mitigation strategy is informed and targeted.

 

  • Proactive Measures for Robust Security

Utilizing our advanced SEAhorse platform, we assess ‘tail risks’ and the impact of third-party relationships on your cyber risk profile. This analytical approach enables us to deliver you with actionable insights, aligning cyber risk management strategies with your company’s risk appetite and strategic goals.

 

  • Empowering Transparency and Trust

The SEAhorse report encapsulates our findings and recommendations, providing you with a blueprint to mitigate risks and enhance resilience. It’s a tool that not only guides internal strategy but also supports transparent communication with stakeholders and regulatory bodies, reinforcing trust and confidence in your leadership.

 

  • Partnership for a Resilient Future

Our collaboration is designed to empower you with the insights and strategies needed for Material and Systemic cyber risk management. With BluOcean, you have a partner committed to enhancing your company’s resilience, ensuring sustainable growth and safeguarding your legacy in a digital-first world.

For insights into transforming your cyber risk management, contact us.

Learn more about our approach in our ROI-Led Cyber Insight paper, “Challenging the Status Quo,” available here.

Outcomes

Reduce business exposure from cyber attack

Ensure cyber investments protect key business priorities and assets

Proactively monitor risk to core business priorities