14 Cybersecurity Metrics + KPIs to Track

Table of contents

  1. Why are cybersecurity metrics important?
  2. 14 Cybersecurity KPIs to track
  3. How to choose the right cybersecurity metrics
  4. How UpGuard automate your cybersecurity reporting

1. Why are cybersecurity metrics important?

  1. Analysis of KPIs, key risk indicators (KRIs) and security postures provides a snapshot of how your security team is functioning over time. Helping you better understand what is working and what is worsening, improving decision making about future projects.
  2. Metrics provide quantitative information that you can use to show management and board members you take the protection and integrity of sensitive information and information technology assets seriously.

2. 14 Cybersecurity KPIs to track

  1. Level of preparedness:How many devices on your network are fully patched and up to date?Vulnerability scans and vulnerability management is one of the 20 CIS Controls that can reduce the risk of vulnerability exploits.
  2. Unidentified devices on internal networks:Employees can introduce malware and other cyber risks when they bring in their own devices, as can poorly configured Internet of Things (IoT) devices, which is why network intrusion detection systems are an important part of your organization’s security.
  3. Intrusion attempts:How many times have bad actors attempted to gain unauthorized access?
  4. Security incidents: How many times has an attacker breached your information assets or networks?
  5. Mean Time to Detect (MTTD): How long do security threats go unnoticed? MTTD measures how long it takes your team to become aware of indicators of compromise and other security threats.
  6. Mean Time to Resolve (MTTR): What is the mean response time for your team to respond to a cyber attack once they are aware of it? A great measure of the quality of your incident response plan implementation.
  7. Mean Time to Contain (MTTC): How long does it take to close identified attack vectors?
  8. First party security ratings: Security ratings are often the easiest way to communicate metrics to non-technical colleagues through an easy-to-understand score. UpGuard gives your company a simple A-F letter grade based on 50+ criteria including network security, phishing risk, DNSSEC, email spoofing, social engineering risk, DMARC, risk of man-in-the-middle attacks,data leaks and vulnerabilities. Security ratings can feed into your cybersecurity risk assessment process and help inform which information security metrics need attention.
  9. Average vendor security rating: The threat landscape for your organization extends beyond your borders and your security performance metrics must do the same. This is why vendor risk management and a robust third-party risk management framework is required. UpGuard’s Executive Summary Report provide you with instant access to your average vendor rating over the last twelve months, as well as your distribution of vendor ratings. Traditional vendor management practices were limited to a snapshot of your vendor security ratings at a single point in time. By continuously monitoring vendor risks, you can greatly reduce your third-party and fourth-party risk.
  10. Patching cadence: How long does it take your team to implement security patches or mitigate high risk CVE-listed vulnerabilities? Cybercriminals often use threat intelligence tools and exploit the lag between patch releases and implementation. A great example of this is the widespread success of WannaCry, a ransomware computer worm. While WannaCry exploited a zero-day vulnerability called EternalBlue, it was quickly patched but many organization fell victim anyway due to poor patching cadence.
  11. Access management: How many users have administrative privileges?Access control and the principle of least privilege are simple, cost effective methods of reducing privilege escalation attacks.
  12. Company vs peer performance: The topic metric for board level reporting today is how your organization’s cybersecurity performance compares to the peers in your industry. This information is easily digestable, visually appealing and highly compelling which makes it a top choice for board presentations. UpGuard’s Executive Summary Report allows you to easily benchmark your security performance against four key industry peers over the last twelve months.
  13. Vendor patching cadence: This metric involves determining how many risks your vendor has and how many critical vulnerabilities are yet to be remediated.
  14. Mean time for vendors to respond to security incidents: A security incident isn’t just a successful cyber attack, intrusion attempts to vendors can signify your organization as a potential target. The longer it takes vendors to respond to incidents, the higher the chance you will suffer from a third-party data breach. In fact, some of the biggest data breaches are result of poor vendor management.

3. How to choose the right cybersecurity metrics

4. How UpGuard automate your cybersecurity reporting

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https://www.upguard.com — UpGuard combines third-party security ratings, vendor questionnaires, and threat intelligence in a single cyber risk solution.