Despite many organisations requiring impact information to make
investment decisions, the majority stated that organisations not fully
recognising impacts is a moderate/ severe barrier, highlighting the need
for further good quality impact information
Q10: How much of — r a barrier
do you
think. each of . the below. issues are to
.
.
organisations in managing their cyber risk effectively?
Severe
harrier
100%
= Moderate
0
80%
barrier
60%
a Somewhat
:
of a barrier
40%
20%
;
0%
.
Businesses do not have access toor
draw on the right information about
the cyber threat or their own cyber
risk posture
ae
The direct and indirect impacts ofa
cyber attack are not fully recognised
by the organisation
-
There is no agreed definition of
effective risk management
aNota
barrier
Base: All who responded (85)
Information that would allow organisations to make better investment
decisions in cyber security
Respondents were asked to provide input on what information would allow organisations
to make better investment decisions in cyber security, with 80 respondents answering this
open response question!{22tnete 3] Responses have been coded into themes. Suggested
information included:
¢ Cyber threat (20%): A fifth of respondents highlighted that additional
information on the cyber threat would be beneficial to organisations.
¢ Vulnerabilities (43%): Some respondents thought that additional information on
vulnerabilities information would be useful, with a small number specifically
referencing information for more effective asset management and protection.
¢ Impact or harm of cyber incidents (21%): Where respondents were specific
about the types of impact or harm information that would be useful, they mentioned
the need for more case studies and stories, and tools to support organisations to
carry out cyber impact assessments.
e Mitigation activities and associated costs (27%): Specific suggestions from
respondents included information that could inform a return on investment case,
including more information on costs of mitigative activities. Respondents also
highlighted that organisations would benefit from products that enabled more
effective benchmarking against organisations with similar cyber risk postures, and a
means to better manage supply chain risks.
17/27
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