Most boardrooms today have some form of representation of information security. Whether from an IT director, CISO or even technical staff, the articulation of cyber risks in many companies is expected. However, many board members leave these presentations with little understanding of the real risks and threats lurking within them. In-depth technical presentations about system vulnerabilities, network cuiosities, and suspicious events do little to add value to executives in making financial and operational decisions.
The “ransom” usually has to be paid within a few hours, or the files are lost or the compromised personal information is shared publicly. The establishment of a directive should be the first step in regulatory compliance terms of cybersecurity, as it serves as the basis for defining procedures and technologies. If there are no policies, there will always be an additional risk element that will be decided at random.
Back up data automatically, if possible, or at least weekly, and store copies offsite or in the cloud. CIS 18, SOC2, ISO-27001, NIST and others provide phenomenal starting points. If you have any questions about your company’s cybersecurity plan, please contact us. Therefore, business owners should realize that cybersecurity is their responsibility, not a topic that needs to be discussed briefly, and then move on to the IT team.
Office Solutions IT hosts cybersecurity awareness training every month as our mission is to help Australian business owners protect their data. Cybersecurity is the state or process of protecting and restoring computer systems, networks, devices, and programs from any type of cyberattack. Solid BC-IR plans and policies help an organization respond effectively to cyberattacks and security breaches while ensuring critical business systems remain online. Cyber attacks are no longer stopped by antivirus software or firewalls. The risk of cyber attacks is constantly increasing and for companies and institutions it is no longer a question of “whether” it will happen, but of “when”.
Simply click on the topic of your choice to get an explanation of the activity and how it can add value to your business. Working from home can be relaxing for your employees, but it can also increase the threat to sensitive company information. Learn how Standley Systems can help you identify and mitigate risks before your systems are compromised and your business is affected. This simple step reduces the risk of losing everything if your system fails or a hacker takes your system hostage.
Make sure you keep this information in a safe place and limit who can see it. You should also conduct an assessment of your current security systems to find out where the vulnerabilities may be. Conducting a business risk assessment helps ensure the safety of your business. Cybercriminals design their attacks around vulnerabilities in popular software products such as Microsoft Office or Adobe Flash Player.