Given the highly systemic nature of cyber and increasingly interconnected world we are living in, organizations can no longer afford to focus on merely being cyber compliant. They must now evaluate all facets of their business to ensure operational and cyber resiliency.
Exposing Cyber Vulnerabilities | Risk Cooperative outlines a current “state of cyber risk”, sources of risk and averaged survivability statistics for small businesses. Cyber risk assessments form the foundation of an organization’s risk mitigation strategy by not only developing organizational cybersecurity awareness, but also by identifying an organization’s unique vulnerabilities.
Mitigating Cyber Threats | Risk Cooperative addresses best practices for protecting sensitive information, staff training, and role-based testing. Cyber criminals are not bound by budget constraints, laws, or other impediments, thus giving them an unfair advantage against businesses in the cybersecurity battle. Companies must therefore leverage every resource they can to establish a layered and proactive defense. Coupled with technology solutions, an organization that employs a holistic enterprise-wide cybersecurity framework is best positioned to withstand the evolving range of cyber threats.
Recovery Strategies | Risk Cooperative reviews insurance coverages, crisis management strategies, and board/leadership oversight. Cyber criminals can bring an organization’s operations to a halt with a single ransomware virus, leaving it financially crippled. Understanding the financial impact an organization can withstand is crucial to building cyber resilience. Equally as important is understanding the value of its data or potential reputational /revenue implications that often accompany a cyber incident.
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