Why Cyber Threat Management Is Important_

Why Cyber Threat Management Is Important?

INTRODUCTION ● Cyber threat refers to the risk of a cyber attack causing business disruption or damaging a company's reputation. ● Attackers can target any size organisation in any industry. ● Financial gain, obtaining confidential data, or disrupting business operations are the prime motive of attackers. ● The practice of recognising possible cyber danger is known as cyber risk management. ● Every organisation should have a cyber threat management strategy in place.



● A risk management strategy can assist in better understanding the cyber hazards that come with day-to-day operations or new endeavours. ● A cyber risk assessment will determine the possibility of any cyber-attacks to which the company is currently exposed. ● Knowing the most significant threats to your company ensures that money and time are invested wisely. ● This will aid in the prevention of the hazards.

Importance of cyber threat management: ● Defending against cyber attacks and mitigating cyber risks ● Reducing costs and protecting revenue ● Increased corporate reputation



Defending against cyber attacks and mitigating cyber risks ● Implementing a cyber risk management strategy aids in the detection of risks to a company. ● It also aids in addressing the risks and implementing the necessary defences. ● Cyber risk monitoring lessens the risk of cyber attacks.

Reducing costs and protecting revenue ● The prime objective of hackers is financial gain. ● It's critical to reduce your chances of becoming a victim of an attack and to limit the amount of money you could lose. ● Compliance with specific standards as part of a cyber risk strategy can help organisations avoid significant fines for non-compliance.

Increased corporate reputation ● Demonstrating to your clients and consumers that you are serious about cyber security gives your company a competitive advantage. ● Organizations that put their customers' or clients' data security first earn their trust, which leads to improved loyalty and long-term business success.

CONCLUSION ● Cyber-attacks are undeniably a big danger to all organisations and industries. ● Because of the abundance of digital data nowadays, advanced cybersecurity solutions are more important than ever. ● Many organisations' cyber security strategies, however, have flaws. ● Failure to detect and mitigate risks is a typical flaw in many organisations.



● As a result, businesses are more vulnerable to hackers. ● This is why Cyber Threat Management is critical for every organization. ● So, identify vulnerabilities, detect, manage and respond to threats in the Surface, Deep & Dark web with CTM 360’s cyber threat management platform.