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Cyber Security and Risk Management: What CISOs Need to Know

August 22, 2019

Think cyber security and risk management aren’t big deals? You may want to think again.

Cybercrimes cost companies an average of $13 million per attack. As if that wasn’t scary enough, attacks are growing more frequent and sophisticated by the day.

It’s for that very reason that CISOs play such an important role in the modern workplace. But you’ll need to make sure you aren’t falling behind. 

Here’s everything you should know about cyber security and risk management.

Yes, It Can Happen to You

One of the biggest mistakes you can make as a CISO is to let your guard down. Data breaches know no bounds.

They affect every industry, every company size, and every area of the world.

Having top-of-the-line cybersecurity or a high-quality data recovery plan are great places to start. But make sure that you’re not so confident in your tech and abilities that you’re caught off guard for an attack.

Your best bet is to anticipate an attack at any moment, no matter how much you’ve invested in your security.

Most Major Risks Come from Inside the Office

It might seem as though we’re being dramatic. But one of the most important reasons why you need to stay prepared is that your biggest concern isn’t a hacker in a far off country — it’s your co-workers.

A 2016 study carried out by IBM found that 60% of all cyberattacks came from within the company itself.

To make matters worse, not all of these attacks were intentional. Many came about as a result of human error.

No firewall is a match for poor password security, lackadaisical file storage, outdated training policies. Keep staff up to date on the latest threats and work together as a team to mitigate risks.

DevSecOps is an approach that makes security everyone’s responsibility, as pointed out by Plutora, and such an approach may just save your business thousands of dollars.

You’re Already Two Steps Behind

Here’s the scariest thing about cybersecurity threats: They’re changing every day. We can’t stress enough how important it is to stay on your toes.

As technology continues to grow, so do the sophisticated methods of cybercrime.

Though you can’t anticipate everything, you should do your best to stay up to date with the latest happenings in the cybersecurity world. Take time throughout the workweek to read up on the biggest news of the IT world.

Reading this blog is a great place to start, so well done.

Cyber Security and Risk Management Matter More Than Ever

Technology in the workplace is only going to become more commonplace throughout the next few years. As a CISO, it’s going to be up to you to ensure the safety and stability of your employer’s cyber security and risk management.

We can help you stay up to date by keeping you informed on all things tech. Make sure to check back with our blog on a regular basis for more helpful content like this.

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About

Hey there - my friends call me Ricky and this is my first blog. I am passionate about change and growth, but cover a variety of topics. I am also a crazy sports fan. American Football is my sport of choice, but I love watching and playing all kinds of sports. Read More…

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