Should We Be Relying on Our Cybersecurity Risk Matrices? – Doug Hubbard – CSP #146
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1. Should We Be Relying on Our Cybersecurity Risk Matrices? – Doug Hubbard – CSP #146
A key role for the CISO and the team is to identify and plan for mitigation of the most damaging risks. Various approaches have been used over the years with varying levels of success. Are we measuring the right things? Are we using the right instruments? Join us as we discuss some of the flaws present in measuring risk today and considerations to improve our risk management approach.
Guest
Mr. Hubbard is the inventor of the powerful Applied Information Economics (AIE) method. His management consulting career started 35 years ago with Coopers & Lybrand, focusing on the application of quantitative methods. The last 25 years he has completed over 200 projects for the application of AIE to solve current business issues in many areas including IT benefits and risks including cybersecurity, engineering risks, market forecasts for pharma and medical devices, environmental policy, mergers & acquisitions, Silicon Valley startups, the likelihood of success of new movies, and military logistics to name a few. His AIE methodology has received critical praise from Gartner, Forrester, and others.
He is the author of the following books (all published by Wiley, between 2007 and 2023):
• How to Measure Anything: Finding the Value of Intangibles in Business (one of the all-time, best-selling books in business math)
• The Failure of Risk Management: Why It’s Broken and How to Fix It
• Pulse: The New Science of Harnessing Internet Buzz to Track Threats and Opportunities
• How to Measure Anything in Cybersecurity Risk (co-authored with Richard Seiersen)
His books have sold over 180,000 copies in eight languages and are used as textbooks in dozens of university courses including the graduate level. How To Measure Anything has been on the required reading list for the Society of Actuaries exam prep. In addition to his books, Mr. Hubbard is published in the prestigious science journal Nature as well as publications as varied as The American Statistician, CIO Magazine, IBM Journal of Research & Development, Information Week, Architecture Boston, OR/MS Today and Analytics Magazine.
Host
Todd Fitzgerald promotes CISO/CPO leadership via the SCMedia CISO STORIES weekly podcast, advisory board participation, and international speaking engagements. Todd serves as VP, Cybersecurity Strategy, CyberRisk Collaborative. Todd authored 5 books, including #1 New Release (2024) Privacy Leader Compass: A Comprehensive Roadmap for Building and Leading Practical Privacy Programs, and #1 Best-selling (2019-2023) and 2020 CANON Cybersecurity Hall of Fame book, CISO COMPASS: Navigating Cybersecurity Leadership Challenges with Insights from Pioneers. Named 2016–17 Chicago CISO of the Year, Todd’s senior leadership positions include Northern Trust, Grant Thornton International, Ltd, ManpowerGroup, Wellpoint/National Government Services, Zeneca/Syngenta, IMS Health and American Airlines.
