Organizations are investing more time, money and energy in cybersecurity than at any other period in history. Despite skyrocketing investments, organizations are no more secure than they were in the past. The reason is simple - organizations aren't doing enough of the right things in the right order.
A Risk Assessment ensures that:
If Risk Assessment is not part of your cybersecurity program, now is the time to start.
Ask yourself the following questions:
Am I convinced that my cybersecurity investments will enable and protect the business and save my job?
Am I sure that I'm investing in the most critical areas first and not getting distracted by "low hanging fruit?"
Am I confident that I will be able to prove ROI and progress so that the business has confidence in me and my approach?
If you answered "no" to any of the above, you need a Risk Assessment.
Risk Assessments come in different shapes and sizes but they all do the same thing - identify, prioritize and measure cybersecurity risk. Industry, business strategy and regulatory requirements will determine which type of Risk Assessment you need.
A detailed plan that describes the priority and timing of all of your cybersecurity initiatives.
A system for measuring your short and long-term cybersecurity goals.
Assessment findings will clearly define that amount of risk that is acceptable to your business, and how close you are to reaching that state.
Your action plan will give you, your management team, executives, auditors and regulators the confidence that you are effectively managing your risk and pursuing cybersecurity in a thoughtful, effective manner.