Measurement of the Cybersecurity Strategy Effectiveness with a Scorecard Based On Risk Analysis

Abstract

Although the rapid acceleration of technology offers solutions that will make life easier, it also brings technological threats that will negatively affect human life and cause serious problems. Attacks, thefts and espionage using technology increase exponentially every year compared to the previous. In order to eliminate this problem that affects the whole world, many countries give priority to creating cybersecurity strategies in order to protect their information and re-sources, and develop effective implementation methods. Despite the abundant literature, there is a large gap in the effective implementation of strategies. While evaluating the strategy, measurement is made regardless of the risks that will arise if the action plan is not fulfilled. For this reason, it is recommended to evaluate the risk that will arise if the action titles are not implemented in order to eliminate this shortcoming. The aim is to emphasize that sustainability and continuous improvement will be increased by using the scorecard based on risk analysis by implementing the proposed action plan through the strategy model. The use of scorecards to over-come the increasing challenges arising from digital transformation today will contribute to the evaluation of the strategy and eliminate its shortcomings, as well as provide self-assessment. This study suggests that measuring as a method of increasing efficiency, which has not been discussed much until now, may be the solution. In order to ensure the security of the smart world, there is a need for a sustainable and effective strategy that can keep up with digital realities, renewing itself.