Board Level Balanced Scorecard for Cyber Resilience

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dc.contributor.authorPearlson, Keri
dc.contributor.authorPrakash, Mridula
dc.date.accessioned2023-12-26T18:51:13Z
dc.date.available2023-12-26T18:51:13Z
dc.date.issued2024-01-03
dc.identifier.doi10.24251/HICSS.2023.810
dc.identifier.isbn978-0-9981331-7-1
dc.identifier.other3c07f15d-1a7a-46a5-b957-c62a942392b1
dc.identifier.urihttps://hdl.handle.net/10125/107196
dc.language.isoeng
dc.relation.ispartofProceedings of the 57th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectSpecial Topics in Organizational Systems and Technology
dc.subjectbalanced scorecard
dc.subjectboards of directors
dc.subjectcyber resilience
dc.subjectcyber risk
dc.subjectcybersecurity
dc.titleBoard Level Balanced Scorecard for Cyber Resilience
dc.typeConference Paper
dc.type.dcmiText
dcterms.abstractBoards of Directors (BODs) have a unique role in managing cybersecurity: they provide oversight to operational and strategic decisions while executing a fiduciary responsibility to manage cyber-risk. Since organizations cannot count on 100% protection, BODs must ensure their organizations are cyber-resilient, and can recover quickly from cyber incidents. But BOD reporting mechanisms are inadequate for this role. Most of the reporting to BODs are on operational metrics around protection, not cyber-resilience and the business at risk from a cyber incident. This paper suggests a balanced scorecard for cyber resilience (BSCR) for BODs. This theory-building research was informed by surveys and focus groups of cybersecurity leaders and board members. The BSCR gives business context-based insights and metrics on the biggest risks to cybersecurity resilience faced by their organization, and the investments their operational managers have made to mitigate the impact of these risks. Armed with the BSCR, BODs have the information they need for meaningful discussions and evaluation of their organization’s cyber-resiliency.
dcterms.extent9 pages
prism.startingpage6768

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