You know you have a high level of risk if you’re hacked. But don’t wait until a catastrophe to determine how likely you are to be in danger!
Risk assessments can be performed on any application, process or function in your company, but it’s extremely difficult to perform an assessment on everything. You’ll need to identify internal and external systems critical to your operations, and account for data related to healthcare, finance and so on. For the hundreds or maybe thousands of categories of risk an organization may have, there is a wide variety of possible for threats for each one.
Common threats include: data leakage, misuse of information, loss of data, disruption of service or productivity, unauthorized access and more.
It’s worth noting that there are many companies who help with risk assessment, and sometimes getting a third-party expert to weigh in might help you identify blind spots. Whether the risk assessment is done internally or outside risk management and cyber security solution expertise is applied, it’s important to involve many key players across different departments at the organization to ensure you’re not missing any systems from any department that could be compromised.
Creating a successful cyber-secure culture involves continuous training, recurring emphasis on its priority with the organization – especially from leadership – and opening up a safe space for questions and feedback. Don’t wait until October to think about this again – this should be a “hot item” every month!