Questions to ask your CRO
The risk landscape is rapidly changing. Geopolitics, technical advancements, global economic integration, and climate change are all interrelated, which means the manifestation of one risk is more likely to trigger others.
Thus, firms that create a multidimensional strategy to detect and manage complex hazards often achieve success in their risk management goals. The following list provides some questions you can ask your CRO to ensure they are prepared to support cyber risk management:
- Who’s at the top of your calling list? Are you in open communication with the CISO and their cyber team?
- How are you educating yourself about cyber and ensuring you are a powerful advocate in your organization and the community?
- As the CRO, can you agree that the current risk appetite is adequate for the organization?
- How do you rank cyber risk compared to other risks?
- How are we ensuring cyber risk is integrated into our ERM strategy? ...
