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October 9, 2024

CISOs Embrace Risk Storytelling to Engage Executives and Drive Action

CSO Online
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Contributed by: Drex DeFord
Summary
CISOs are recognizing the need for effective risk storytelling to engage stakeholders and drive action in cybersecurity. Given the complexity of cybersecurity risks, traditional technical presentations are inadequate; instead, CISOs must frame risks in business-related terms, such as brand or regulatory implications. By incorporating relevant news stories and quantifying potential financial impacts, they can craft compelling narratives that highlight the necessity of robust security programs. However, challenges like inconsistent data on cyber threats complicate risk assessment, underscoring the need for a standardized risk management process. Building credibility with executives involves focusing on material risks that connect to business objectives rather than technical jargon.

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