Cyber Strategy & Transformation
Effective Cyber Risk Governance
Effective governance of cyber risks is required for any business to operate within an acceptable risk-appetite level, reduce exposure to cyber threats, and embed cyber capabilities across the organisation.
A consistently governed and effective security organisation is essential to manage cyber threats.
Unclear responsibilities for or a siloed approach to cybersecurity will impact an organisation's ability to manage its cyber threats effectively and within acceptable risk-appetite level.
Recognising that increased agility, business-alignment and enhanced governance structures are required to manage cyber threats is the first step to building an effective security organisation. Traditional approaches to security need to be broadened so that they are no longer focused solely on IT / technology domains but encompass the entire organisation by embedding security into relevant business processes.
A Target Operating Model (TOM) for Cyber will help establish the governance structure and processes required to guide and oversee cyber-risk management activities and initiatives, and integrate them with business operations in order to minimise security risk, maximise return on security investments and build current and future value for the business.
Our cyber TOM offerings provide end-to-end coverage of cyber domains and commences with the establishment of a vision aligned to the organisational strategy. Each component then integrates to provide the TOM structure of an organisation at a defined future point to achieve the desired maturity. This includes a taxonomy structure of the cyber capabilities / services / activities, supporting process flows, roles and responsibilities, governance structure and transition plan.
Deloitte’s approach to TOM definition and development engages business, IT and central function teams to establish the organisation-wide roles teams perform to deliver cybersecurity capabilities.