Quantifying Risk & Optimizing Responses: Scaling Your MSSP for Reduced Randomness – Ira Winkler – CFH #25
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1. Risk Quantification & Optimization: Reducing the Randomness of Risk Response – Ira Winkler – CFH #25
Risk isn't a static measurement. Threats like malware campaigns, vulnerabilities, human error and unreliable third-party partners can fluctuate in their severity depending on ever-changing circumstances. That's why knowing which risk is of highest priority at any given time can allow MSSPs to dynamically adjust their prevention and mitigation efforts, for both themselves and their clients. But which sources of risk do you measure, and what factors go into such a calculation? How frequently do you remeasure? And upon learning the latest risk scores, what are sound tactics for prioritization, response and mitigation? This session will explore the big questions surrounding risk quantification and optimization for managed security providers.
Guest
Ira Winkler, CISSP is the Field CISO for CYE Security, former Chief Security Architect at Walmart, and author of You Can Stop Stupid, Security Awareness for Dummies, and Advanced Persistent Security. He is considered one of the world’s most influential security professionals, and has been named a “Modern Day James Bond” by the media. He did this by performing espionage simulations, where he physically and technically “broke into” some of the largest companies in the World and investigating crimes against them, and telling them how to cost effectively protect their information and computer infrastructure. He continues to perform these espionage simulations, as well as assisting organizations in developing cost effective security programs. Ira also won the Hall of Fame award from the Information Systems Security Association, as well as several other prestigious industry awards. CSO Magazine named Ira a CSO Compass Award winner as The Awareness Crusader. He was named 2021 Top Cybersecurity Leader by Security Magazine, and most recently 2022 Cybersecurity Champion of the Year by the Cybersecurity Association of Maryland.
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2. Generating Economies of Scale With Your MSSP Business Model – CFH #25
Managed services providers know that investments in talent, tools and infrastructure can take a heavy financial toll. But as MSSPs continue to grow and take on more clients, they can hopefully achieve certain economies of scale such that their previous infusions of funds eventually pay for themselves. This session will look at the key investment areas where security providers can get the most bang for their buck as they expand their business and expand their customer base.