+Status Reporting To Governing Body

Status Reporting To Governing Body

Description

Mechanisms exist to provide governance oversight reporting and recommendations enabling executives to make decisions about matters considered material to the organization's Security, Compliance & Resilience Program (SCRP).

Possible Solutions & Considerations

Micro-Small Business (<10 staff) / BLS Firm Size Classes 1-2

∙ Quarterly Business Review (QBR)
∙ Simple security status dashboard (spreadsheet or slide deck)
∙ Email status updates to owner/manager

Small Business (10-49 staff) / BLS Firm Size Classes 3-4

∙ Quarterly Business Review (QBR)
∙ Structured security metrics report (incidents, patching status, training completion)
∙ Documented reporting cadence

Medium Business (50-249 staff) / BLS Firm Size Classes 5-6

∙ Quarterly Business Review (QBR)
∙ Formal security status reports to leadership
∙ KPI/KRI dashboard (e.g., Power BI, Tableau, or GRC tool reporting)

Large Business (250-999 staff) / BLS Firm Size Classes 7-8

∙ Quarterly Business Review (QBR)
∙ Executive security dashboard with KPIs/KRIs
∙ Board-level reporting on material risk indicators
∙ Automated reporting via GRC platform

Enterprise (> 1,000 staff) / BLS Firm Size Class 9

∙ Quarterly Business Review (QBR)
∙ Board and audit committee cybersecurity briefings
∙ Integrated GRC dashboard with real-time metrics
∙ SEC cybersecurity disclosure-ready reporting processes (if applicable)

SCR-CMM

Level 0 Not Performed

Practices are non-existent, based on the inability to demonstrate an implemented and operational capability. A reasonable person would conclude the control is not being performed.

Level 1 Performed Informally

SCR-CMM Level 1 criteria definitions are not available for this control:
▪ A reasonable person would conclude this control requires a structured process.
▪ At this level of maturity, the "ad hoc" nature of performing a capability informally would indicate the intent of the control is not met due to a lack of consistency and formality.

Level 2 Planned Tracked

Cybersecurity & Data Protection Governance (GOV) capabilities are requirements-driven, but are not standardized across the entity (e.g., local/regional level consistency). Capability criteria associated with this control reasonably expect the following criteria to exist:
▪ Policies and standards associated with GOV domain capabilities are formally documented and centrally-managed by the entity.
▪ Standardized Operating Procedures (SOP) associated with GOV domain capabilities are documented and maintained by process owners.
▪ IT and/or cybersecurity personnel work with business stakeholders and process owners to appropriately scope and reasonably implement cybersecurity and data protection controls associated with GOV domain capabilities to address applicable statutory, regulatory and/or contractual requirements for Technology Assets, Applications, Services and/or Data (TAASD).
▪ Governance-related controls are primarily administrative and preventative in nature (e.g., policies, standards and procedures & guidelines).
▪ No formal Governance, Risk & Compliance (GRC) team exists. GRC roles are assigned to existing IT and/or cybersecurity personnel.
▪ Organizational leadership maintains an informal process to review and respond to trends.

Level 3 Well Defined

Cybersecurity & Data Protection Governance (GOV) capabilities are standardized across the entity for applicability to People, Processes, Technologies, Data and/or Facilities (PPTDF) to ensure consistency for Technology Assets, Applications, Services and/or Data (TAASD). Capability criteria associated with this control reasonably expect the following criteria to exist:
▪ Policies and standards associated with GOV domain capabilities are formally documented and centrally-managed by the entity's Governance, Risk & Compliance (GRC) team, or similar function.
▪ Standardized Operating Procedures (SOP) associated with GOV domain capabilities are well-documented and kept current by process owners.
▪ The entity's Governance, Risk & Compliance (GRC) team, or similar function, is appropriately staffed and supported to implement and maintain GOV domain capabilities to address Minimum Compliance Requirements (MCR) (e.g., applicable statutory, regulatory and/or contractual requirements) and Discretionary Security Requirements (DSR) (e.g., entity-required controls).
▪ Technology is leveraged to enhance the efficiency and accuracy of governance, risk management and compliance operations (e.g., GRC platform).
▪ An implemented and operational capability exists to provide governance oversight reporting and recommendations to those entrusted to make executive decisions about matters considered material to the organization's Security, Compliance & Resilience Program (SCRP).

Level 4 Quantitatively Controlled

Utilize SCR-CMM Level 3 criteria definitions:
▪ There are no defined Level 4 criteria, since it is reasonable to assume a quantitatively-controlled process is not necessary to operationalize this control.
▪ While it may be possible to develop “metrics-driven” capabilities for this control, the criteria would be organization-specific to define.

Level 5 Continuously Improving

Utilize SCR-CMM Level 3 or Level 4 (if available) criteria definitions:
▪ There are no defined Level 5 criteria, since it is reasonable to assume a continuously-improving process is not necessary to operationalize this control.
▪ Level 5 capabilities should be considered “world-class” where the control builds on Level 4 capabilities, but are continuously improving through Artificial Intelligence (AI) and/or Machine Learning (ML) technologies.
▪ While it may be possible to develop responsive capabilities for this control through the use of AI and/or ML technologies, the criteria would be organization-specific to define.

1. Ħarsa ġenerali

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Regolamenti relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Regolamenti relatati

Regolamenti
EULAW Artikolu 15 Ġestjoni tal-proġetti tal-ICT
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EULAW Artikolu 25 Ittestjar tal-pjanijiet ta’ kontinwità tal-operat tal-ICT
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EULAW Artikolu 27 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 27 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 28 Governanza u organizzazzjoni
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EULAW Artikolu 40 Ittestjar tal-pjanijiet ta’ kontinwità tal-operat
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 41 Format u kontenut tar-rapport dwar ir-rieżami tal-qafas issimplifikat tal-ġestjoni tar-riskju tal-ICT
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EULAW Artikolu 5 Governanza u organizzazzjoni
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EULAW Artikolu 13 Tagħlim u evoluzzjoni
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EULAW Artikolu 5 2

2.   Il-korp maniġerjali tal-entità finanzjarja għandu jiddefinixxi, japprova, jissorvelja u jkun responsabbli għall-implimentazzjoni tal-arranġamenti kollha relatati mal-qafas ta’ ġestjoni tar-riskju tal-ICT imsemmi fl-Artikolu 6(1).

Għall-finijiet tal-ewwel subparagrafu, il-korp maniġerjali għandu:

(a)

jerfa’ r-responsabbiltà aħħarija għall-ġestjoni tar-riskji tal-ICT tal-entità finanzjarja;

(b)

jistabbilixxi politiki li għandhom l-għan li jiżguraw iż-żamma ta’ standards għolja ta’ disponibbiltà, awtentiċità, integrità u kunfidenzjalità tad-data;

(c)

jistabbilixxi rwoli u responsabbiltajiet ċari għall-funzjonijiet kollha marbuta mal-ICT u jistabbilixxi arranġamenti xierqa ta’ governanza sabiex jiżgura l-komunikazzjoni, il-kooperazzjoni u l-koordinazzjoni effettivi u f’waqthom fost dawk il-funzjonijiet;

(d)

jerfa’ r-responsabbiltà globali għall-istabbiliment u l-approvazzjoni tal-istrateġija ta’ reżiljenza operazzjonali diġitali kif imsemmija fl-Artikolu 6(8), inkluż id-determinazzjoni tal-livell xieraq ta’ tolleranza għar-riskju tal-ICT tal-entità finanzjarja, kif imsemmi fl-Artikolu 6(8), il-punt (b);

(e)

japprova, jissorvelja u jirrieżamina perjodikament l-implimentazzjoni tal-politika ta’ kontinwità ta’ negozju tal-ICT tal-entità finanzjarja u tal-pjanijiet ta’ rispons u ta’ rkupru għall-ICT, imsemmija, rispettivament, fl-Artikolu 11(1) u (3), li jistgħu jiġu adottati bħala politika speċifika ddedikata li tifforma parti integrali mill-politika globali ta’ kontinwità ta’ negozju tal-entità finanzjarja u mill-pjan ta’ rispons u ta’ rkupru;

(f)

japprova u jirrieżamina perjodikament il-pjanijiet tal-entità finanzjarja tal-awditu intern tal-ICT, l-awditi tal-ICT u l-modifiki materjali għalihom;

(g)

jalloka u jirrevedi perjodikament il-baġit xieraq biex jissodisfa l-ħtiġijiet ta’ reżiljenza operazzjonali diġitali tal-entità finanzjarja fir-rigward tat-tipi kollha ta’ riżorsi, inkluż programmi rilevanti ta’ sensibilizzazzjoni dwar is-sigurtà tal-ICT u taħriġ fir-reżiljenza operazzjonali diġitali kif imsemmi fl-Artikolu 13(6), u ħiliet fl-ICT għall-persunal kollu;

(h)

japprova u jirrieżamina perjodikament il-politika tal-entità finanzjarja dwar l-arranġamenti rigward l-użu tas-servizzi tal-ICT ipprovduti minn fornituri terzi ta’ servizzi tal-ICT;

(i)

jistabbilixxi, fil-livell korporattiv, kanali ta’ rapportar li permezz tagħhom jiġi infurmat kif xieraq dwar dan li ġej:

(i)

l-arranġamenti konklużi ma’ fornituri terzi ta’ servizzi tal-ICT dwar l-użu ta’ servizzi tal-ICT,

(ii)

kwalunkwe bidla materjali rilevanti ppjanata fir-rigward tal-fornituri terzi ta’ servizzi tal-ICT,

(iii)

l-impatt potenzjali ta’ tali bidliet fuq il-funzjonijiet kritiċi jew importanti soġġetti għal dawk l-arranġamenti, inkluż sommarju tal-analiżi tar-riskju li tivvaluta l-impatt ta’ dawk il-bidliet, u l-inċidenti marbuta mal-ICT, tal-anqas dawk kbar, u l-impatt tagħhom, kif ukoll il-miżuri ta’ rispons, irkupru u rimedju.
EULAW Artikolu 13 5

5.   Il-persunal għoli tal-ICT għandu jirrapporta mill-inqas darba fis-sena lill-korp maniġerjali dwar is-sejbiet imsemmija fil-paragrafu 3 u jressaq rakkomandazzjonijiet.

Kwistjonijiet marbuta

Links
is related to Annual
is related to relative Control Weighting = 05
is related to Process
is related to Govern
is related to SCRM Focus Tier 1 STRATEGIC
is related to SCRM Focus Tier 2 OPERATIONAL
blocks Contractual Default / Termination
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blocks Unaddressed Security / Compliance Exposure
blocks Unperformed / Unowned Control Responsibilities
blocks Uncontrolled Internal Security / Privacy Exposure
blocks Uncontrolled Third-Party Security / Privacy Exposure
blocks Lack of oversight of internal controls
blocks Lack of oversight of third-party controls
blocks Inability to Demonstrate Due Diligence / Due Care
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blocks Conflict of Interest (COI) / Undue Influence / Insider Misconduct
blocks Economic Shock / Market Disruption
blocks Foreign Ownership, Control, or Influence (FOCI)
blocks Workforce Shortage / Loss of Critical Skills / Labor Disruption
blocks OIS-01.02B
blocks OIS-08.01AC
blocks BCM-01.04B
blocks COM-04.01B
blocks COM-04.02AC
is blocked by GOV-09.1 Status Reporting To Governing Body – Assessment Procedure
blocks 03.12.03 Continuous Monitoring
blocks GV.OV Oversight
blocks GV.OV-01 Cybersecurity risk management strategy outcomes are reviewed to inform and adjust strategy and direction
blocks GV.OV-03 Organizational cybersecurity risk management performance is evaluated and reviewed for adjustments needed
blocks GV.SC Cybersecurity Supply Chain Risk Management
blocks GV.SC-09 Supply chain security practices are integrated into cybersecurity and enterprise risk management programs, and their performance is monitored …
blocks ID IDENTIFY
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