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Supply Chain Risk

The Future of Cyber Economics

TF7 Ep. 166

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In 2021 Cyber Security Automation Top Actions, most of the top actions to take are- not surprisingly, tied to budget. That of course is the case with any cyber security or enterprise technology. It’s not just technology of course- budget is the means with which to hire talent with new skillsets- along with any resource needed to defend the organization.

So attaining cyber security budget is an art and science which has evolved over the past few years. FUD (fear, uncertainty and doubt) is no longer the way to gain budget. Noting how budget requests not only reduce risk but enable business to occur are key discussion points to have with the Board. Speaking in the language of the Board is of paramount importance as the “need” for increased overall and ad-hoc budget is always present. Bob Vescio discusses in part on TF7 Radio.

Episode Overview:

Bob Vescio, Inventor and Chief Analytics Officer of X-Analytics joins co-host Andy Bonillo of Task Force 7 Radio to give his perspective on the Future of Cyber Economics and the evolution of reporting Cyber Security issues and metrics to the Board. Vescio also discusses a new approach to managing supply chain risk and the value of moving to a model that gives companies the context of how their suppliers interact with them to make better risk decisions. 

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