ESRM Benefits for Security Professionals
In ESRM, asset owners are responsible for making decisions for security risks for assets they manage, security professionals will get more resources and perspectives to risk management process
Acts trusted advisors and strategic partners rather being a tactical owner of a security program. May oversee the various mitigation processes or systems but asset owners support those systems.
ACS needed to be implemented for multiples asset owners in ITES industry. Security can manage the system processes, but assets owners support the budget
In general asset owners do not operate through a serious of programs. With risk-based approach security pros can effectively communicate and partner with asset owners and other managers.
Because security pros are working in the process more known to asset owners
Develops better understand of org and its strategies and goals. This will help them better identify and prioritize the risk.
Improve collab with internal and external stakeholders
This helps understanding stakeholder priorities and identifying and prioritizing risks and mitigation plans more accurately
Can be more innovative in solving problems and risk reduction.
Provide a better value and help reducing security risk
Move from reactive role to proactive one
which leads to better results
Better allocate resources as risks are identified and prioritized in collaboration with asset owners
Asset owners support for budget
Can be asked to participate in other strategic areas and become much more visible and valuable within the org
Employee engagement initiatives - new business ventures Expansion projects
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