As the list below is subjective and not limited, we strongly believe that the following eight cyber risk management practices are building digital trust and maximize the benefits of your digital transformation and business.
Invest in cyber security talent and skills
It is known that cyber security talent is scarce. Finding, developing, and retaining talent is your top priority. You want to make sure that you gather all the best people to your workforce so that you can implement cyber security.
“We help to extend your cyber workforce and offer a variety of learning and training programs, investing in people to have all the necessary skills your organization needs.”
You want to ensure that different people have a diverse skill sets for the best possible cyber security implementation and the best possible protection.
Use cyber security learning with cyber attacks
To be secure in cyber, your people are the most considerable risk for your organization. While you invest in cyber security technology, why wouldn’t you invest in cyber security learning for your people?
Most people have never heard of the cyber security threats or they just heard it in the news, a classroom or some e-learning material. They cannot identify real-life cyber threats, and they do not know how to prevent and respond to them.
You cannot decrease the risk of being attacked just by creating awareness about cyber security. Awareness only does not lead to behavioral change. This is why traditional security awareness training doesn’t work.
“We help learning your people respond to cyber threats by using real-life cyber attacks, this practice is a must for behavioral change.”
By learning your people, and including them in your cyber defenses, you are creating a sense of shared accountability, building trust in cyber!
Focus on sustainable cyber security culture
Cyber security awareness doesn’t work as well as many would think. While there’s hype around creating cyber security awareness, this is not enough. Cyber security awareness does not lead to behavioral change.
Being aware of cyber threats is not the same as being able to recognize, for example, phishing emails, and know what to do when one lands in your inbox
Instead of emphasizing awareness, focus on creating a strong cyber security culture that highlights the importance of the right cybersecurity behavior across the entire organization.
Your organization need to move from awareness towards behavioral change. By building a sustainable cyber security culture, your organization will have an added level of protection against cyber attacks.
“We help creating and developing your sustainable cyber security culture, it is important to reinforce positive behavior by helping people to learn to identify a cyber attack and respond to this.”
A sustainable cyber security culture focuses on the strongest link: your people. As most attacks start with a human error, emphasize the importance of employee learning through behavioral change is the best approach to build digital trust and keeping your organization secure in cyber!
Invest in leadership commitment and support
Cyber security has been the concern of security professionals for a long time. However, this should start to change quickly. As cyber threats are ever-increasing, you could be under attack any time soon.
A cyber attack could negatively impact not only the organizations financials but also its reputation. Just think about the news when customer data is leaked.
“We help to ensure leadership commitment and that your management understands that investing in cyber security pays off quickly because it means that you have prevented a cyber attack. Therefore we use e.g. storytelling, benchmarking and training.”
If you invest in training, also involve your HR people. They can help you with policymaking, on-boarding, off-boarding, and giving remote workers some extra attention to make sure that they comply with your cyber security requirements.
Having commitment from leadership and support from your management means that you will most likely have the financial and operational support to implement your cyber security needs.
As most cyber security implementations fail because of a lack of resources, you are one step closer to success when you have a top-down approach and the full support of leadership and management.
Prevent data breaches proactively
There are numerous challenges with creating, owning, and sharing data, this make your organization vulnerable to a data breach. Organizations are creating more data every day, and this data must be kept safe and secure.
You should never neglect basic measures, like data encryption and making backups. However, data encryption and backup strategies are often outdated, and this makes your data vulnerable to cyber attacks.
Data is still precious for hackers. It is widely exchanged on the dark web, and it’s a black-market commodity. Once your data has been leaked, the damage can be exponential, as many can buy this data from hackers.
“We help you to create various means to protect your critical assets; for instance, invest in technology, learn your people, and focus on vendor security compliance.”
Disconnected data is a significant cybersecurity challenge, integrating applications to share information in real time has been trending in recent years.
Whenever you are integrating, make sure that you take the proper cyber security measures. Especially when you are sharing data outside your organization, be extremely concerned about the security of your information as most data breaches start with third parties.
Implement vendor cyber security compliance
Many organizations suffer a data breach because of their “trusted” third parties. Working with third party vendors could put your operations at risk. Whenever you engage a new vendor, put them under your security microscope and make sure that they have healthy security hygiene.
“We help your organization to assure that all of the vendors you work with comply with all of your security regulations to avoid the possibility of a data breach, or at least do your best to mitigate the hazards.”
According to research, organizations typically contractually obligate vendors to comply with their security and privacy practices and then frequently review their security and privacy policies and procedures and ask for proof of security certification.
Working with third-party vendors could put your operations at risk. Whenever you select a new vendor, put them under your security microscope and make sure that they have healthy security hygiene.
Use cyber security technology effectively
Security teams have been long investing in cyber security technology to keep organizations safe from attacks. Tools for cloud-based security and data encryption are increasingly important.
Protecting legacy technologies can be a significant challenge for your security team. Even if you are migrating to the cloud, you will have to take extra measures to ensure that all your information is safe from attackers.
“We help your organization to implement cyber security technologies, e.g. when you are migrating to the cloud or use IoT.”
If you are digitalizing your business and creating innovations, you want to put security at the forefront. From day one, you want to ensure that cyber security is a concern. Secure in cyber by design!
Integrate cyber security by design
Cyber security is not just an IT issue, it’s a business issue. Digital technology is advancing rapidly and cyber criminals are becoming more sophisticated in the methods they use to access confidential data.
Managing cyber risk is an on-going process of planning, monitoring and adapting to the changing nature of cyber threats, not a set (and forget) of standard measures with the hope that your business will be protected.
“We help to understand your environment, implement the changes required, ensure you achieve relevant certifications and manage your activities to implement and improve cyber security.”
Our security by design approach consists of the following five steps:
- Define: set the cyber security scope, current profile and target profile.
- Plan: draw an implementation plan for cyber security target profile.
- Execute: execution of the implementation plan based on timeline, resource availability and approved budgets.
- Report: conduct periodic cyber security assessments.
- Monitoring: ongoing program to maintain and improve cyber security.
This approach is designed to optimize your organizations defense capability. We will mitigate your cyber security risks and help you deliver your business objectives today and into the future.