Transforming Cyber Risk Management Through Shared Responsibility
Sibylity enables resource owners to manage risks confidently, with cybersecurity insights delivered at every step.
A New Model for Cyber Risk Management: FCR
In many organizations, cyber risk management has traditionally been the responsibility of centralized teams—whether dedicated security departments or IT groups. This approach often leads to confusion about who truly owns the risks associated with specific resources, leaving resource owners to believe that centralized teams bear sole responsibility and leaving them feeling disengaged.
The Federated Cyber-Risk (FCR) model redefines this dynamic. It empowers resource owners to take control of the risks tied to their own resources, while still benefiting from the cybersecurity expertise and support provided by centralized teams. With FCR, resource owners are positioned to make informed decisions, fostering a collaborative approach that strengthens overall security.
SibylSoft – Experts in Federated Cyber-Risk (FCR)
SibylSoft was selected by the creators of the Federated Cyber-Risk (FCR) methodology to develop the tooling that supported their groundbreaking research. This means Sibylity is the first solution specifically designed to bring FCR to life in organizations of all sizes.
Our deep partnership with the creators of FCR has given us unique insights into how to enable shared responsibility in cyber risk management. This ongoing collaboration ensures that SibylSoft will remain at the forefront into the future.
FCR's Hub and Spoke Model
In organizations of all sizes, the FCR model emphasizes that resource owners are responsible for managing the risks tied to their resources. Whether supported by a centralized security team or relying on IT staff, the challenge is coordinating cybersecurity efforts efficiently.
With a foundation based in FCR's hub and spoke model, Sibylity simplifies this process; automating much of the communication and outreach needed to keep resource owners and their teams on track.
Here’s how it works:
- Resource Owners and Teams (Spokes): Resource owners are responsible for managing the risks tied to their resources. They designate risk managers and other stakeholders.
- Centralized Intelligence (Hub): Sibylity ensures the right cybersecurity context is delivered to the risk management teams at the right time, whether the strategy was configured by a centralized team or the defaults are used.
Sibylity scales to meet the needs of any organization, automating cybersecurity guidance and support to ensure that resource owners and their teams remain aligned with the organization’s risk management objectives.
Overcoming Engagement Challenges
Effectively managing cyber risk requires broad participation across the organization. However, traditional approaches often struggle to engage the right people, leaving gaps in the process that lead to security gaps.
Sibylity addresses this challenge through its three-part strategy designed to promote engagement and ensure participation:
- User-Centered Design: Sibylity’s intuitive and easy-to-navigate interfaces are designed with users in mind. Even those with little to no cybersecurity experience can quickly understand what’s required of them, making participation easier and more accessible.
- Thia – Process Automation and Expert Guidance: Thia, Sibylity’s cybersecurity intelligence, automates tedious tasks like analysis and reporting, and provides step-by-step guidance, so users always know what to do next, without feeling overwhelmed.
- Gamification for Participation: Sibylity incorporates gamification, allowing organizations to create recognition programs and reward teams for their contributions.
Together, this three-part strategy ensures that cyber risk management becomes a shared responsibility throughout the organization, with the right tools and incentives to keep everyone engaged.
Find the Perfect Solution
Whether you're looking for an easy-to-use, self-service platform with Sibylity Professional, or need advanced, customizable features and dedicated support with Sibylity Enterprise, we have the right solution for you.
