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CyberWire Daily

Ted Wagner: Get that hands on experience. [CISO] [Career Notes]

Oct 1, 2023
Guest Ted Wagner, Chief Information Security Officer at SAP National Security Services, shares his career journey from the Army to IT projects. He emphasizes the importance of teaching technical terms in non-technical ways and gaining hands-on experience for newcomers in the field.
08:51

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Ted Wagner gained valuable experience in both military and cyber security operations before transitioning to the business sector, giving him unique insights into network security in government and commercial settings.
  • Ted emphasizes the importance of continuous learning, hands-on experience, and mentorship for individuals pursuing a career in cybersecurity.

Deep dives

The true cost of a single cybersecurity incident

Cybersecurity incidents can have a significant financial impact on organizations, with the cost of a single incident averaging $4.3 million. This cost is even higher in the United States. Each organization faces over 1,200 cyber attacks per year, resulting in substantial losses. To effectively mitigate these threats, organizations need technology that can link cyber risk to business impact, providing context for risk decisions, prioritizing remediation efforts, and reporting to key stakeholders. Logicgate's RiskCloud Cyber Risk and Controls Compliance Solution offers the necessary capabilities for managing cyber risks effectively.

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