Although National Cyber Security Awareness Month is coming to a close, COMPASS maintains a commitment to raising cyber security awareness throughout the year. The following are this year’s top blog posts that demonstrate ways to implement cyber security risk management in your organization and minimize the threats you may face.
Cyber security threats arguably pose the greatest danger to an organization’s risk management strategy. Risk managers should leverage their organization’s existing risk governance processes and methodologies to effectively analyze and manage cyber threats.
Although COMPASS’ client base is highly diverse, there are common findings we encounter on almost every single engagement. They are grouped by our approach to cyber security risk management which focuses on the 3 pillars of cyber security – people, policy and technology.
It is important for organizations to regularly assess not only their technical infrastructure, but also their organizational security awareness and policies. Organizations that fail to perform periodic assessments risk leaving themselves exposed to hackers who can exploit these vulnerabilities or negligent insiders who expose data unintentionally.
Developing a practical and effective cyber security plan is vital to incorporating security into your organization’s risk management strategy. A common misconception is that a cyber security plan is lengthy and difficult to follow. However, that does not have to be the case. COMPASS recommends 5 steps for your cyber security plan.
BECs remain a prominent threat and will continue to be used in targeted scams. The victims of BEC attacks range from small business to large corporations and all employees should be aware of the dangers. Organizations that utilize robust prevention techniques have proven highly successful in recognizing and deflecting BEC attempts.
If you have any questions or would like to discuss the unique cyber threats your organization faces, please CONTACT US.