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Practical Principles for Security Metrics

November 27, 2019

The Panaseer Team

There are several key market forces affecting the cyber landscape that regularly make the headlines: a shortage of security personnel, a huge rise in the number of security tools, and a growing attack surface due to the move to bring-your-own-device policies and the cloud. However, another market force is changing the nature of the industry: increasing pressure to adhere to numerous regulations such as the General Data Protection Regulation, the SHIELD Act, the California Consumer Privacy Act, and the more-recent MAS cyber hygiene notices.

Auditors and regulators expect us to show that reasonable security measures are in place to protect customers’ personal data and business-critical applications, at any point in time. And this is where we struggle — to demonstrate that due care was taken. The trend we see is that organizations are investing in a lot of tools to manage risks. This is shown by a recent study, conducted by Forrester Research, which surveyed more than 250 senior security decision-makers in North America and Europe.

The report outlined that organizations are using multiple technologies to identify and mitigate risk, including security analytics platforms; vulnerability management; governance, risk, and compliance platforms; and vendor risk management platforms. But multiple tools can compound the issues around reporting — reports must be collated and organized manually, taking the team away from “doing security” and reducing the likely frequency of report updates, which means stakeholders do not have one version of the truth.

You can read the full article by Dark Reading here.