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In preparation for an upcoming stakeholder meeting, the leadership team of a global finance company meets to identify ways in which the effectiveness and compliance of its cybersecurity protocols and practices can be highlighted. Recognizing that internal recognition could show potential bias, the leadership team hires an external analysis team to conduct an evaluation of the improvements and offer testimony of the company's success. What action is the leadership team taking in hopes of getting external assistance?

Answer 1

The leadership team is engaging in a form of third-party validation by hiring an external analysis team to conduct an evaluation of their cybersecurity protocols and practices. This action is aimed at obtaining an unbiased assessment of their improvements and achievements in cybersecurity effectiveness and compliance. By doing so, they hope to enhance the credibility of their claims, mitigate potential bias related to internal assessments, and provide stakeholders with a more objective viewpoint of their successes in cybersecurity. This approach can help build trust and confidence among stakeholders regarding the company's cybersecurity initiatives.