Enhance your reports to communicate the business impact of cyber risk to the board in a language they understand.
For years, CISOs have grappled with the challenge of effectively addressing board questions around cyber risk management. Despite numerous strategies and approaches, a communication gap remains. Our recent survey on board reports, combined with insights from our webcast, sheds light on this persistent issue.
77% of CISOs we surveyed struggle with demonstrating ROI on cyber initiatives
83% of the CISOs we surveyed focus on technical metrics and NIST program maturity for their board reports and most do not include any business process risk reduction
79% of CISOs have received complaints from their board or colleagues on security not being handled effectively
*Source: Implications of Stress on CISOs
Drawing from comprehensive research, in-depth conversations with board members, C-Executives, and CISOs, we’ve identified key questions that consistently pose challenges in board reports. These questions underscore the board’s quest for clarity, actionable insights, and strategic alignment in the realm of cybersecurity:
BluOcean approaches this solution by working both with the business and cyber teams to understand the cyber impact on critical business operations and quantitatively mapping that out to deliver actionable insights for CISO, business, and the boards.
Board reports answer the questions that your board and business leaders want to know:
We recognize the hidden costs associated with preparing board reports.
From collecting data, purchasing and configuring platforms, to hiring and training personnel, the expenses can range from $300K to $1Mil. In addition, there are significant hours being spent every quarter by the security leadership
You can reduce all the pain away and at a fraction of the cost by using our board report as a service offering:
Our service aims to streamline this process, making it more efficient and cost-effective while creating greater returns for your cyber program.
* Prices may vary based on complexity and the number of distinct business units.
Interested in working together? Fill out some info, and we will be in touch shortly.
Enter your email for instant access to our EXCLUSIVE ebook & discover the Roadmap for Moving to ROI-Led Cyber Risk Management.
BluOcean Digital is a cybersecurity & privacy firm that’s building a future where trust is at the heart of technology by elevating security to the strategy table—one client at a time.
