When healthcare executives consider about economics, their 1st thought no doubt is of money. But that is not essentially the right thought when it comes to the economics of cybersecurity, said Scott Borg, chief economist at the U.S. Cyber Consequences Unit.
The independent, nonprofit research institute investigates strategic and economic consequences of cyberattacks.
“A significant thing to realize in economics is it is not merely about money, it is about choices – economics is about making the best decisions and developing the most value you can,” Borg elaborated. “In terms of cybersecurity, economics is about securing your organization’s capability to create value. Cybersecurity executives require understanding how the systems that are protecting assets create value, and they have to know how much value they are creating.”
Chief information security officers and other executives responsible for security cannot just be securing systems, they must also clearly understand what their agencies actually do, Borg added.
Considering about where value is created within a healthcare agency can assist cybersecurity executives to start customizing security to fit their agencies, Borg explained.
No comments:
Post a Comment