Defense in Depth: Presenting to the Board

What metrics, reports, or strategies should a security professional utilize to communicate the value to the board? Or is the mode of “presenting to the board” a damaged approach?

Check out this post for the discussion that is the basis of our conversation on this week’s episode co-hosted by me, David Spark (@dspark), the producer of CISO Series and Allan Alford (@AllanAlfordinTX). Our guest is Barry Caplin (@bcaplin), executive leadership partner, Gartner.

Thanks to this week’s podcast sponsor, Anomali

Anomali is a leader in intelligence-driven cybersecurity solutions. Anomali turns threat data into actionable intelligence that drives effective security and risk decision making. Customers using Anomali identify cyber threats from all layers of the web, automate blocking across their security infrastructures, and detect and remediate any threats present in their networks.

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On this episode of Defense in Depth, you’ll learn:

  • A conversation with the board begins with a discussion of what risk is. But getting that information out of the board is far from a simple task. Vague answers are not helpful.
  • Here’s NACD Director’s Handbook on Cyber-Risk Oversight
  • Metrics are of value to the board, but avoid offering up tactical metrics. Instead, utilize strategic metrics.
  • Once risk appetite is understood and agreed upon, then it’s appropriate to begin a discussion of the security program’s maturity.
  • Caplin recommends a four-slide presentation for the board:
    1. Where we were, problem areas identified per risk and maturity.
    2. What we spent and a bit of why we spent.
    3. Where we are now (metrics come into play here). Best to show how much progress you’ve made in implementing security programs.
    4. Where we want to go next, and what the next ask is.
  • If you’re going to show a metric, it should answer a very specific question for the board.
  • If you are going to show one metric, the most popular one is dwell time or the time between when an attack happens, when you discover it, and when it’s remediated.
  • The one metric of dwell time provides a lot of information as to the maturity of a CISO’s security program as it coincides with its ability to respond to incidents.
  • Some CISOs aim for a storytelling approach completely avoiding metrics because metrics have unfortunately led the board down the wrong path. It’s either the wrong metrics, too detailed of a metric, or metrics not tied to business risk or to a maturity model.

Defense in Depth