Can Your Business Really Afford a Cyber Attack?

Tested by time: cybersecurity budget before and after an attack

Cyber attacks can threaten any organisation’s IT (information technology) infrastructure – including IoT/Internet of Things/ and OT/Operational Technology/ systems (if in place) and its operations. Some events that happened in not-so-distant past have shown that a single, intelligently planned and executed cyber attack can bring down a whole industrial subsector and even have a considerable economic impact.

This emphasizes the fact that cybersecurity is no longer just “a problem of the IT Department”, it is a business problem and requires the utmost attention of senior management. Having a staff that is trained for information security awareness and having a clearly planned and laid out cybersecurity strategy will surely help mitigate most (if not all) possible threats.

Assess Your Level of Information Security Awareness

Protection of information is crucial.

And it is also legally required. In simple terms: a cyber attack usually aims to acquire some type of information (corporate, private, etc.) which later can be used against the victim in a number of different ways such as asking for ransom, selling it to your competitors and so on. There are also different legislative acts/laws (depending on country or jurisdiction) that require an organization to report data breaches that may contain PII (Personally Identifiable Information) or other sensitive (and if exposed – potentially harmful for the owner) information.

Build your cyber defence.

Cyber threats are not a new phenomenon. They have already been around for decades. Some industries have been more exposed to it than others depending on the level of digitalization maturity. New and emerging technologies will also constantly introduce new threat vectors. Thus, it is imperative for any business to be prepared for a cyber incident and more importantly have defined plans to navigate through it and minimize the impact of it in cases when the incident was not prevented.

How we can help you be protected

Raise Awareness on Information Security
In-depth training sessions for your staff that will cover topics explaining from what Information Security is, what security measures can and should be in place, to topics such as how to create good passwords, identify and avoid phishing emails, malware, social engineering attempts, protecting themselves while being online, and so on.
Assess the level of digital maturity.
Assessment of where your company stands from the point of having no digitalization to the point of being fully digitalized and paperless.
Assess the levels of information security.
Understand what security measures have already been implemented. What the status of Information Security documentation/policies is. How is the business risk assessed and have the information security risks been accounted for.
Develop cyber strategy and plans
Develop a strong corporate cyber-culture. Create an Incident Response Plan that will define all the stages and people involved in the process. Create Disaster Recovery and Business Continuity Plans which aim to help the business to easily navigate through and recover from an imminent disaster.