In a compelling episode of The Digital Executive, Brian Thomas delves into the intricate world of cyber risk quantification and management with Jose M. Seara, the visionary Founder and CEO of DeNexus. Transitioning from a successful career in renewable energy to tackling the pressing challenges of cybersecurity in operational technology, Seara shares his journey and the pivotal experiences that shaped his current venture.
Jose highlights the critical need for advanced cybersecurity solutions in the face of growing threats to operational technology and industrial control systems, particularly in sectors responsible for critical infrastructure. His insights reveal the vulnerabilities of legacy systems and the escalating risks posed by state-sponsored attacks, emphasizing the importance of resilience and swift, informed response to cyber incidents.
The discussion also unpacks the distinction between cyber threats, which are largely uncontrollable external factors, and cyber risks, which organizations can mitigate through strategic security measures and risk transfer. Seara elaborates on the complex nature of cyber risk in critical infrastructure, pointing out the unique challenges posed by the physical and digital integration of these systems.
Moreover, Seara addresses the recent regulatory changes requiring public companies to disclose their cyber risk management practices. He underscores the significance of Cyber Risk Quantification and Management (CRQM) tools in complying with these new mandates, offering a clear explanation of how DeNexus is at the forefront of providing solutions that not only meet these compliance requirements but also enhance the overall security posture of companies in critical sectors.
This episode offers a deep dive into the necessity of understanding, quantifying, and managing cyber risks to protect the infrastructures that underpin modern society. Jose M. Seara's expertise and DeNexus' innovative approach present a compelling narrative on the evolving landscape of cybersecurity and the strategic responses needed to safeguard our collective digital future.