Automated Security System Deployment Costs

What is a key requirement for effective cybersecurity governance?

Senior management involvement

What is a responsibility of the board of directors in cybersecurity governance?

Approving policy

What should board members be aware of in terms of cybersecurity governance?

Information assets and their criticality

Why is it important for the board to periodically receive results of risk assessments and BIAs?

To identify key assets for protection Signup and view all the answers

What is a critical aspect of effective cybersecurity governance for the board of directors?

Determining strategic direction Signup and view all the answers

How can senior management be involved in effective governance?

Approving policy and monitoring metrics Signup and view all the answers

Why is the average cost of deploying automated security systems considered very high?

Small and medium-sized companies cannot afford the average cost. Signup and view all the answers

What is one of the reasons why cybersecurity is important for businesses?

To comply with regulations like GDPR. Signup and view all the answers

What is a key focus in cybersecurity governance for businesses?

Developing appropriate response plans for cyber attacks. Signup and view all the answers

What role do small and medium-sized companies have in coping with increasing security threats?

They should strictly follow standard practices devised by regulatory authorities. Signup and view all the answers

What can cyber attacks inflict on businesses, aside from financial damage?

Untold reputational damage. Signup and view all the answers

Why are cyber attacks becoming progressively destructive according to the text?

Cybercriminals are using more sophisticated ways to initiate attacks. Signup and view all the answers

What area is considered the most vulnerable for hackers to attack?

Applications and software programs Signup and view all the answers

What are the latest predictions for global damages from cybercrimes?

US$3.86 million in 2018, US$10.5 trillion by 2025 Signup and view all the answers

What is one of the reasons for the continuous rise in cybersecurity costs?

Rising number of cybersecurity attacks Signup and view all the answers

What does the text highlight about the new forms of cyber threats?

They are emerging in the marketplace Signup and view all the answers

Based on the text, what is a key aspect that hackers have become advanced at?

Creating out-of-the-box ideas for attacks Signup and view all the answers

In terms of cybersecurity governance, what is highlighted as a crucial area for boards and senior management?

Risk assessments Signup and view all the answers