Cybersecurity and risk expert David Wilkinson has heard some executives put off discussions about risk acceptance, saying they don’t have any appetite or tolerance for risk.
“But every organization has to have some level of risk acceptance,” says Wilkinson, senior managing partner with The Bellwether Group, a firm providing security and risk services. Otherwise, they’d be unable to function.
Yet there are indicators that many CISOs aren’t having productive conversations around risk acceptance.
According to Gartner research, only 66% of CISOs identified as top performers collaborate with senior business decision-makers to define their organization’s risk appetite. (The number drops to only 37% of CISOs identified by Gartner as “bottom performers.”)
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