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The most sophisticated institutions are moving from a “maturity based” to a “risk based” approach for managing CyberRisk
Decisions about how best to reduce CyberRisk can be contentious. Taking into account the overall context in which the enterprise operates, leaders must decide which efforts to prioritize: Which projects could most reduce enterprise risk? What methodology should be used that will make clear to enterprise stakeholders (especially in IT) that those priorities will have the greatest risk reducing impact for the enterprise? That clarity is crucial in organizing and executing those cyber projects in a focused way.
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