How can IT and security teams put cyber security higher on the agenda across their organisation?
Cyber Security Awareness Month
Now in its 18th year, Cyber Security Awareness Month continues to raise awareness about the importance of cyber security across the world. The theme for Cyber Security Awareness Month 2021 is “Do Your Part. #BeCyberSmart.”
The theme empowers individuals and organisations to own their role in protecting their part of cyberspace. If everyone does their part – implementing stronger security practices, raising community awareness, educating vulnerable audiences or training employees – our interconnected world will be safer and more resilient for everyone.
Cyber security first
Week 4 is all about making security a priority for businesses, this means building security into products and processes, making cyber security training a part of employee onboarding and equip staff with the tools they need to keep the organisation safe. To support this weeks’ theme we have outlined our guidance on practical ways to help make cyber security a priority across all departments in your organisation.
Cyber security threats continue to grow in the Covid-19 age. On the one hand, companies are undergoing a sea change, while the threat landscape is rapidly increasing as more individuals work from home. There is increasing demand for executive teams to step up and improve their cyber security capabilities. The financial and reputational repercussions of a data breach or cyber security disaster have never been higher. According to the FBI’s newly published Internet Crime Report 2020, cybercrime cost $4 billion last year, a low estimate that nevertheless captures the enormous value lost to threat actors. Costs may be disastrous for small companies. According to Vox, 60% of small companies would be forced to close after a data breach, highlighting the high-stakes aspect of cybersecurity.
Simply put, companies cannot ignore cyber security anymore. Senior management and the Board of Directors must address the problem immediately and prioritise the security of current and future systems and technology. This must then cascade down to day-to-day company activities such as Human Resources and Marketing from the top. Not only will this safeguard businesses against cyber security threats, but it will also serve as a critical differentiator for enterprises, ensuring their bottom line and consumers are protected for years to come.
When executives use their expertise and leverage their vantage point to effectively establish standards and keep security activities aligned with the business goals. It would then be easier to provide coverage for the different areas of cyber security and risk management.
In this blog post, we outline our guidance on practical ways to help make cyber security a priority across all departments in your organisation.
Businesses often fail to invest properly in cyber security until it is too late. Nevertheless, identifying and addressing this issue does not require substantially increasing the company’s cyber security budget or instituting extensive monitoring processes. Rather than that, by concentrating internally on realistic, attainable reforms, businesses may significantly enhance their security posture, enabling them to function confidently in a perilous digital environment.
How can CyberCX help?
CyberCX’s team of experts can help your organisation to define and build a bespoke security programme based on your business objectives to minimise your cyber risk and prevent costly cyber-attacks.