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UncategorizedOctober 6, 2023

Top Cybersecurity KPIs and Metrics to Track in 2023

MobizBy Mobiz

Safeguarding sensitive data, preventing data breaches, and identifying cyber-attacks demand a systematic approach. This can be achieved using a well-structured checklist to track your efforts. Utilizing cybersecurity key risk indicators has proven to be an effective strategy in measuring the success of various programs, including cybersecurity, while also assisting in informed decision-making. To make it easier for you, we have compiled 14 practical information security metrics and measurements to enable you to take charge of your risk identification and remediation processes. Continue reading until the end to find out everything!

Before diving into the information security KPIs, let’s understand why information security metrics are essential for your business.

The Significance of Cybersecurity Metrics

Cybersecurity metrics hold significant importance for organizations as they serve as a valuable tool to assess and analyze the effectiveness of their security measures. By providing insights into the security posture, these metrics help identify areas that require improvement, ensuring comprehensive protection against evolving cyber threats. In the present landscape, where cyber threats are continuously increasing in number and sophistication, having reliable and actionable indicators of security health is paramount.

Selecting the appropriate cybersecurity metrics is crucial as they offer essential information for upper management to make informed decisions regarding budget allocation, policy updates, and investments in cyber defense strategies. Accurate metrics offer a clear understanding of the organization’s cybersecurity status, enabling executives to make well-grounded decisions that safeguard the business from potential attacks and data breaches.

14 Essential Cyber Security Metrics and KPIs for Effective Monitoring

Here are some of the cybersecurity metrics and KPIs for tracking in 2023:

Preparedness Level

Assess your organization’s cybersecurity readiness by tracking:

  • The percentage of fully patched and up-to-date devices on your network.
  • Regular updates of devices and software.
  • A number of identified high-risk vulnerabilities.

Unidentified Internal Network Devices

Mitigate risks by monitoring:

  • The number of unidentified devices connected to the network.
  • Maintenance of a detailed log of network-associated devices.

Intrusion Attempts

Stay vigilant against cyber threats by measuring:

  • Frequency of unauthorized attempts to breach network security.
  • The number of recorded malicious intrusion attempts.

Mean Time Between Failures (MTBF)

Measure system reliability by calculating:

  • Time elapsed between consecutive failures.
  • Incidence of product or system failures.

Mean Time to Detect (MTTD)

Track your team’s responsiveness to potential security incidents:

  • Duration of undetected security threats within the organization.
  • The average time taken to detect security incidents.

Mean Time to Acknowledge (MTTA)

Ensure timely acknowledgment of incidents by evaluating:

  • Average time to address alerts after receiving them.
  • Consistency in documenting and adhering to acknowledgment processes.

Mean Time to Contain (MTTC)

Assess the effectiveness of containment procedures by determining:

  • Time taken to contain identified attack vectors.
  • Existence and consistency of well-documented containment processes.

Mean Time to Resolve (MTTR)

Measure the speed of threat response and resolution by tracking:

  • Time taken to respond to threats after awareness.
  • Processes for restoring networks, systems, and data post-cyber incidents.

Mean Time to Recovery (MTTR)

Evaluate the recovery process efficiency by analyzing:

  • Time is taken to restore operations after a cyber breach or disruption.
  • Historical data on recovery time from previous incidents.

Days to Patch

Enhance post-cyber breach efficiency by measuring:

  • Time taken to implement security patches after release.
  • Definition and measurement of “days to patch” within the organization.

Cybersecurity Awareness Training

Enhance employees’ understanding of cyber threats by focusing on:

  • Documentation and maintenance of cybersecurity awareness training programs.
  • Inclusion of all organizational members, including senior executives.

Cybersecurity Awareness Training Results

Assess the effectiveness of training programs through:

  • Evaluation of participants’ comprehension and completion rates.
  • Offering recurring cybersecurity training and conducting tests for employees.

Number of Cybersecurity Incidents Reported

Encourage a culture of reporting issues by tracking:

  • User-reported cybersecurity incidents compared to industry benchmarks or previous years.

Security Ratings

Simplify communication with non-technical stakeholders using a standardized security rating system:

  • Monitoring the security rating of the organization.
  • Comparing the security rating against competitors in the industry.

Understanding Application Security Metrics with Mobiz

Our cloud security solutions enable businesses to protect their data in the cloud with confidence. We provide a comprehensive suite of cloud services, which includes robust data encryption, strict access controls, and various other measures, ensuring a continuous and robust security posture for safeguarding your valuable data.

Our dedicated team of cloud security specialists utilizes a variety of data sources to ensure configurations, flow logs, audit logs, and host, and container logs to deliver in-depth security and compliance insights that encompass your entire cloud-native technology stack. Moreover, our service guarantees that your cloud applications remain compliant with the latest security standards and regulations.

Frequently Asked Questions

What are the 14 essential cybersecurity metrics and KPIs for effective monitoring?

The 14 essential cybersecurity metrics and KPIs are as follows:

  • Preparedness Level: Gauge readiness with metrics like patch management, software updates, and high-risk vulnerabilities.
  • Unidentified Internal Network Devices: Focus on identifying and logging unknown network devices.
  • Intrusion Attempts: Stay vigilant by tracking unauthorized intrusion attempts.
  • Mean Time Between Failures (MTBF): Assess system reliability by measuring the time between failures.
  • Mean Time to Detect (MTTD): Evaluate incident detection speed.
  • Mean Time to Acknowledge (MTTA): Ensure timely incident acknowledgment.
  • Mean Time to Contain (MTTC): Measure effectiveness in containing attacks.
  • Mean Time to Resolve (MTTR): Track threat response and resolution speed.
  • Mean Time to Recovery (MTTR): Analyze recovery efficiency post-breach.
  • Days to Patch: Enhance post-breach patching speed.
  • Cybersecurity Awareness Training: Document and maintain training programs.
  • Cybersecurity Awareness Training Results: Evaluate training effectiveness.
  • Number of Cybersecurity Incidents Reported: Encourage reporting culture.
  • Security Ratings: Use standardized ratings for communication and comparison.

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