How do you evaluate overall Product Security risk in a software company?  Do you use $$$, percentages, Risk levels (L,M,H).  Do you reciprocate risk with the estimated effort required to reduce it?  If yes, do you use $$$, effort days, or similar?

3.5k views2 Comments
Sort By:
Oldest
CIO in Services (non-Government)a year ago
We always lead with risk levels and potential regulatory issues that could arise due to product security issues, followed by $$$$ exposure.

We are HIPAA and GDPR heavy, in terms of regulatory compliance, and we have PCI-DSS and other customer/patient data that could potentially be exposed unless we ratchet up our security posture and we most definitely focus on code hygiene and security by way of end-to-end encryption.
lock icon

Please join or sign in to view more content.

By joining the Peer Community, you'll get:

  • Peer Discussions and Polls
  • One-Minute Insights
  • Connect with like-minded individuals
Chief Information Security Officer in Healthcare and Biotecha year ago
Quantification of impact is super important. If the product ( s/w) is down then the business loss and reputation is the primary; if legal implication is there - count that too. 
1

Content you might like

18 views

TCO19%

Pricing26%

Integrations21%

Alignment with Cloud Provider7%

Security10%

Alignment with Existing IT Skills4%

Product / Feature Set7%

Vendor Relationship / Reputation

Other (comment)

View Results
5.7k views3 Upvotes1 Comment
VP of IT in Retail3 days ago
My previous organization implemented a strict one-strike policy for lost or damaged devices. While the first incident was considered an accident, repeat offenders were required to reimburse the company for the lost or damaged ...read more
82 views1 Comment

No Increase16%

1-5% increase47%

6-25% increase24%

26-50% increase6%

51-75% increase1%

76%+1%

Other2%

View Results
1.7k views1 Upvote