Description
Book SynopsisThe aim of this book is to demonstrate the use of business-driven risk assessments to address government regulations and guidelines specific to the management of risks related to all third-party arrangements, and emphasizes that organisations retain accountability for business activities, functions and services outsourced to a third party.
Optimal Spending on Cybersecurity Measures: Third Party Risk Management introduces the cyber risk investment model, and the cybersecurity risk management framework used within business-driven risk assessments to address government regulations, industry standards and applicable Laws. This can be used by various stakeholders who are involved in the implementation of cybersecurity measures to safeguard sensitive data. This framework facilitates an organizationâs risk management decision-making process to demonstrate the mechanisms in place to fund cybersecurity measures and demonstrates the application of the process showcasing three cas