Historically, business risk management has covered a broad set of risks to the organization, including things like cyber threats, insider threats, the physical security of executives and staff, the risk of engaging with third-party vendors in the supply chain, or even the risk around M&A deals. Too often, however, executives are flying blind without a sufficient understanding of these risks in a business context, so they can decide what level of business risk to accept in their decisions.
In this executive dialogue, we spoke to Valentina Soria, Head of Global Intelligence at Morgan Stanley to explore some of the new and emerging risks facing organizations, challenges organizations face in understanding these risks, and some thoughts and insights around how to capture and present cyber and other operational risks to the business so they understand it.
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The promise of threat intelligence is alluring. It should help organizations to understand and manage business risk–to turn unknown threats into known and mitigated threats, to improve the effectiveness of the defense. –CERT-UK