Now, let's think about this example in terms of cybersecurity.Your organization uses the NIST cybersecurity framework as a scoreboardto say, here's where we are in terms of our cyber maturity score.We think the attackers are currently ahead of us, and we need to increaseour maturity on these three important items before the end of the year.And if

The risk-based approach to cybersecurity is thus ultimately interactive—a dynamic tool to support strategic decision making. Focused on business value, utilizing a common language among the interested parties, and directly linking enterprise risks to controls, the approach helps translate executive decisions about risk reduction into control

Utilize reputable threat reports and case studies from businesses within the same industry. This allows your CFO to not only see the potential risk of what could happen by not implementing a security solution but also provides them with a framework of knowledge about cybersecurity as a whole.