How to achieve better Cybersecurity risk management

HOW TO ACHIEVE BETTER Cybersecurity Risk Management Cybersecurity risk management is an uphill task that does not fall under the sole purview of the IT security cell, it requires the combined efforts of an entire organization. With all information transitioning into digital content and all aspects of our life being controlled by the digital world, the security risks are daunting. Establish a culture for cyber security This is the most basic step towards an effective cyber threat management platform. An organization should take initiative to establish a culture that is focussed on cyber security. This step should include the entire organization right from the part-time workers to the executives. Outline a risk assessment plan 1.Identifying all the digital data of the organization, including stored and intellectual. 2.Identifying external and internal cyber threats. 3.Assessing the impact ( financial and others) 4.Ranking the risks according to the likelihood of them occurring. Prioritize risks There is no way that an organizat ion can protect itself from all possible sources of cyber attacks. So the need here is to prioritize the risks in terms of probability of occurence and level of impact. Focus on speed Immediate action is a necessity when you are under cyber attack. A good cyber threat intelligence platform will focus on speedy solutions since the longer you take to respond, the more damage it can cause. Study the threat environments High-level executives need special training to understand the cyber threat environments around them. Whaling attacks can happen through public profiles on Facebook. These attacks target high level executives and steal sensitive information from them. If the employees are trained properly, they will be aware and react accordingly. Today, third party vendors also have to access the digital information of an organization. This along with the onset of cloud services has made the task of cyber risk monitoring platform very tough. Effective digital threat intelligence solution that can tackle the issues of unsecured networks and undefined security protocols. LEARN MORE AT: HTTPS://WWW.CTM360.COM/