US Army defines situational awareness as, Knowledge and understanding of the current situation which promotes timely, relevant, and accurate assessment of friendly, enemy, and other operations within the battle space in order to facilitate decision making. Situational awareness is about getting the right information in enough time to allow you to make good, educated decisions. Cybersecurity and situational awareness also needs to cross all levels of the organization, from the CEO and CFO on down. Security has business ramifications, so your team must be able to frame the issues they are dealing with within short and long-term business objectives, and establish policy and governance for everyone who touches your data.”]
Source: https://www.csoonline.com/article/3201972/are-you-aware-of-your-cyber-situation.html