Managing Cybersecurity in a Downturn

Managing Cybersecurity in a Downturn

Assessment

Interactive Video

Business

University

Hard

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The video discusses how the weakening economy affects cybersecurity management, focusing on budget cuts, hiring freezes, and the challenges faced by CSOs. It explores strategies for managing cybersecurity risks with limited resources, including optimizing existing technologies and outsourcing. The discussion also covers the impact on smaller enterprises and the importance of clear communication with the board. Audience questions address insider threats and budget benchmarks.

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges CISOs face due to a weakening economy?

Easier retention of cybersecurity staff

More opportunities for hiring

Requests to cut or freeze budgets

Increased funding for new technologies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can CISOs manage cybersecurity with limited resources?

By hiring more staff

By optimizing existing technologies

By ignoring budget constraints

By increasing spending on new technologies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What indirect effect might economic changes have on cybersecurity budgets?

Decrease in cybersecurity budgets

No change in cybersecurity budgets

Potential increase in cybersecurity budgets

Complete elimination of cybersecurity budgets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of large layoffs within security teams?

Improved team morale

No change in threat levels

Increase in insider threat risks

Decrease in insider threat risks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should CISOs do when asked to make budget cuts?

Make risk decisions independently

Communicate increased risks to management and the board

Ignore the budget cuts

Focus only on technology investments

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important for CISOs to communicate risks to the board?

To gain approval for risk mitigation strategies

To ensure the board is unaware of potential risks

To reduce the cybersecurity budget further

To avoid any changes in cybersecurity strategy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk of delaying cybersecurity investments?

Improved cybersecurity posture

Decreased need for cybersecurity

Immediate risk reduction

Increased risk exposure

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