Conducting internal cybersecurity risk assessments is crucial for all businesses to safeguard their digital infrastructure against potential threats. To ensure the most comprehensive protection, it’s important to start by asking the right questions. By addressing critical queries up front, businesses can effectively evaluate potential vulnerabilities and threats within the company’s internal systems to foster a more resilient and secure digital environment.
Many organizations make the mistake of labeling cybersecurity an IT issue, but properly assessing the risk also involves risk management, business continuity, the C-suite and more. Consider the controls in place, assign accountability and train everyone to identify issues. And make sure you are realistic about recovery time.
A risk assessment is supposed to drive action, so you need to be able to explain to stakeholders how to use the information it provides. Leaders are busy, and teams have plenty on their plates already. If you aren’t prescriptive about how information from an internal cybersecurity risk assessment is to be leveraged, you risk it becoming “shelfware.” -
The most critical step is to understand the impact of the risk on the business and its end users. This enables the business to take a more targeted approach and focus on mitigating the most significant risks. It also facilitates effective planning, prioritization and resource management. - Businesses should ask themselves, “Do we have complete visibility into all network traffic and potential blind spots?” Without that answer, businesses are leaving themselves open to substantial risk. In fact,of malware hides behind encrypted traffic, enabling cybercriminals to traverse laterally within an organization’s network, often going undetected for weeks to months before attacking. -
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