Years ago, it may have seemed like only government agencies with top-secret intel or wealthy international banks had to worry about hackers. Nowadays, even the smallest businesses could see their reputation ruined by a data breach. At the same time, larger companies could have their sensitive data taken hostage in a ransomware attack that costs millions to resolve. A cybersecurity assessment can help ensure that your business is taking the proper steps to protect itself. It can also give you a competitive edge by demonstrating to customers and prospects that you take data privacy seriously.
Many of today’s companies are taking advantage of technologies that allow them to analyze customer and financial data. This includes software for mission-critical activities such as payroll, accounts receivable and payable, supply chain management, HR and benefits, and on-site security.
These systems are often cloud-based, meaning the information is stored online so users can access it remotely at any time. The convenience and analytical power are breathtaking, but they also create a tempting target for cybercriminals and raise the stakes of exposure exponentially.
In truth, the risk of a breach goes far beyond the disclosure of confidential, personal, or financial information. It also raises serious concerns about potential personal injuries, property damage, and work stoppage. Imagine the harm a hacker could cause by tampering with a building’s security or fire systems, or remotely manipulating vehicles or equipment.
Conducting a formal cybersecurity assessment helps you:
An assessment can also enable you to develop an incident response plan to mitigate the damage of a breach.
There are several recognized cybersecurity standards and frameworks available to guide these efforts. This includes those developed by the National Institute of Standards and Technology and the International Organization for Standardization. The U.S. Small Business Administration also offers cybersecurity assessment tips and best practices on its website.
If you’re particularly concerned, you might want to shop around for a qualified IT consultant to conduct a customized risk assessment. This may make sense if you’re in an industry subject to specific risks.
Cybersecurity is essential for every size and type of company. It may be comforting to think that the bad guys only go after the big guys, but hackers don’t always go after businesses with deep pockets. Sometimes they attack the easiest target. Make sure you’re well-protected.
The convenience and analytical power of today’s cloud-based business technology are breathtaking, but it creates a tempting target for hackers. A cybersecurity assessment can help ensure that your company is protecting itself. A properly conducted assessment involves taking inventory of hardware and software, identifying potential vulnerabilities, and implementing internal controls and other protections. It can also help you develop an incident response plan to mitigate the damage in the event of a breach. There are various free frameworks for conducting a self-assessment but, if you’re particularly concerned, you could engage a qualified consultant to conduct a customized assessment.
Business owners: Cybercriminals are on the prowl right now for your sensitive data. That’s why you should seriously consider a cybersecurity assessment. Contact us to find out how we can help!