Enterprise Cyber Risk Management as a Value Creator

Leverage Cybersecurity for Competitive Advantage

About the Book

ECRM was once solely focused on managing the downside of risk by defending the organization from adversarial, accidental, structural, and environmental threat sources. Author Bob Chaput presents the view that we must focus equally on managing the upside of cyber strengths to increase customer trust and brand loyalty, improving social responsibility, driving revenue growth, lowering the cost of capital, attracting higher quality investments, creating competitive advantage, attracting and retaining talent, and facilitating M&A work. He focuses on the C-suite and board role in the first part and provides guidance on their roles and responsibilities, the most important decision about ECRM they must facilitate, and how to think differently about ECRM funding. You will learn how to pivot from cost-center thinking to value-center thinking.

Having built the case for action, in the second part, the book details the steps that organizations must take to develop and document their ECRM program and cybersecurity strategy. The book first covers how ECRM must be integrated into business strategy. The remainder of that part presents a sample table of contents for an ECRM Program and Cybersecurity Strategy document and works through each section to facilitate the development of your program and strategy. With all the content and ideas presented, you can establish, implement, and mature your program and strategy.

What You Will Learn

  • Read new information and treat ECRM and cybersecurity as a value creator
  • Receive updates on legal cases, legislative actions, and regulations that are raising the stakes for organizations, their C-suites, and boards
  • Think differently about funding ECRM and cybersecurity initiatives
  • Understand the most critical ECRM decision that boards must facilitate in their organizations
  • Use practical, tangible, actionable content to develop and document your ECRM program and cybersecurity strategy

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Bob Chaput
MA, CISSP, HCISPP, CRISC, CIPP/US, C|EH, NACD CERT Cyber Risk Oversight Certificate
Founder and Executive Chairman, Clearwater

About the Author

Bob Chaput is the Founder and Executive Chairman of the Board of Clearwater, a top-ranked, award-winning provider of healthcare compliance and cyber risk management solutions.

As a leading authority on healthcare compliance and enterprise cyber risk management, Chaput has supported hundreds of hospitals and health systems, including Fortune 100 organizations and other federal government institutions, with compliance risk management and cyber risk management.

In addition to the NACD CERT Cyber Risk Oversight Certificate, Chaput’s professional certifications include the Certified Information Systems Security Professional (CISSP), Health Care Information Security and Privacy Practitioner (HCISPP), Certified in Risk Information Security Controls (CRISC), Certified Ethical Hacker (C|EH) and Certified Information Privacy Professional/US (CIPP/US).  He is or has been a member of numerous compliance and cyber risk management-focused professional associations including NACD, CHIME, AEHIS, HIMSS, HCCA, ISC2, HIMSS, ISACA, and ISSA.

Chaput also served on the HealthCare’s Most Wired™ Survey Governance Board and was a contributing co-author to an American Society of Healthcare Risk Management (ASHRM) academic textbook on the fundamentals of risk management released in October 2017.  Chaput most recently authored a chapter in the 2019 Walter Kluwers’ Health Care Law Update entitled “Compliance Risk Management and Cyber Risk Management”.

Under his leadership, Clearwater was designated 2018’s Best in KLAS for cybersecurity advisory services and ranked Top Compliance and Risk Management Solution by Black Book Market Research in 2017, 2018 and 2019. More information may be found on LinkedIn at: https://www.linkedin.com/in/bobchaput/.