{"id":49395,"date":"2022-11-21T17:10:32","date_gmt":"2022-11-21T17:10:32","guid":{"rendered":"https:\/\/www.darkreading.com\/risk\/mit-research-documents-effectiveness-of-consensus-cyber-risk-oversight-principles"},"modified":"2022-11-21T17:10:32","modified_gmt":"2022-11-21T17:10:32","slug":"mit-research-documents-effectiveness-of-consensus-cyber-risk-oversight-principles","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/mit-research-documents-effectiveness-of-consensus-cyber-risk-oversight-principles\/","title":{"rendered":"MIT Research Documents Effectiveness of Consensus Cyber Risk Oversight Principles"},"content":{"rendered":"
<\/div>\n
\n
\n

Geneva, Switzerland\/Nov. 16<\/strong> \u2014 As the World Economic Forum\u2019s annual
\nCybersecurity Summit concluded today, research conducted by MIT
\nCybersecurity at MIT Sloan (MIT CAMS) found that the cyber risk
\noversight principles (consensus principles) developed by the Forum in
\nconjunction with the Internet Security Alliance (ISA) and the National
\nAssociation of Corporate Directors (NACD) \u201cdemonstrates that
\norganizations that use the consensus principles can significantly
\nimprove their cyber resilience without raising costs.\u201d<\/p>\n

The MIT research used a grounded control theory and system dynamics
\nbuilt on significant research in the field, including interviews with
\nCISOs which has been validated over the years at a Fortune 500 company
\nanalyzing a wide range of cyber risk challenges. MIT CAMS used a
\nsimulation-added approach to understand organizational behavior when
\nadapting the consensus Cyber Risk Principles.<\/p>\n

The research used a scientifically grounded simulation methodology to
\nexplore the behavior of CEOs who followed the traditional model and
\ncompared it to that of an aware CEO who followed the consensus
\nprinciples. The research found \u201ca significant difference when comparing
\nthe strength of defensive posture represented by the number of
\ncybersecurity incidents and compromised assists. The CEO who follows the
\nprinciples is predicted to have 85% fewer incidents. <\/p>\n

Moreover, a CEO who followed the principles was more \u201ccyber
\nconscience,\u201d has gone further to foster resilience, is pro-active in
\nanticipating cyber threats, knows how their technology drives their
\nbusiness, and focuses on maintaining business performance. <\/p>\n

ISA President Larry Clinton noted that this study was the second
\nindependent verification of the Principles; utilizing improvised
\norganizational cybersecurity, citing the previous PWC research, which
\nalso found organizations who used these principles had better cyber risk
\nmanagement, closer alignment between cyber and overall mission goals,
\nand helped to foster a culture of security.<\/p>\n

\u201cI\u2019m not aware of any of the set of best practices regulations or
\nframeworks that has been independently assessed and verified using
\nmultiple independent methodologies as have these core principles,\u201d
\nClinton said.<\/p>\n

An abstract of the study based on NACD reporting can be found here https:\/\/isalliance.org\/?p=12291<\/a>.<\/p>\n<\/div>\n<\/div>\n

\n

Keep up with the latest cybersecurity threats, newly-discovered vulnerabilities, data breach information, and emerging trends. Delivered daily or weekly right to your email inbox.<\/p>\n

Subscribe<\/a><\/div>\n

Read More HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Organizations that use the consensus principles can significantly improve their cyber resilience without raising costs, MIT research shows.Read More HERE<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[151],"tags":[],"class_list":["post-49395","post","type-post","status-publish","format-standard","hentry","category-darkreading-ti"],"yoast_head":"\nMIT Research Documents Effectiveness of Consensus Cyber Risk Oversight Principles 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security & Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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