Cybersecurity risk and control scoring is critical for the CISO of an organization when managing risk. As discussed in the videos and based on your research, many tools and solutions are available. Creating and using a scorecard may assist the CISO in managing cybersecurity risk. Cybersecurity insurance is another method of mitigating risk to the organization by providing resources to restore from cybersecurity attacks such as ransomware. As discussed in the podcast, the reporting and assurance of the cybersecurity program is a key function of a CISO.
Using the resources presented in the module, develop a short proposal to implement an organizational cybersecurity scorecard for the board of directors. Include both internal and external resources you would recommend. Finally, determine the requirements needed for adequate cybersecurity insurance coverage of the organization. What are some pitfalls in selecting a cybersecurity insurance provider?