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Why you should consider a security risk assessment

Why you should consider a security risk assessment

December 1, 2017 By James L Leave a Comment

A company has to be able to assess their own cybersecurity risks. It takes an honest level of assessment; a company should seek to know their own weak points. Where are the bad guys trying to enter a company’s site? The truth is that the competition may have hired hackers to do damage to a site.

Companies have to be able to look beyond the surface. A company should be aware of the different unique imprints that may be coming to their site; it is important to be aware of all potential visitors to protect trade secrets for example.

Key Takeaways:

  • Proper security protections start with clearly defining what your business needs to defend against intrusion.
  • Define what level of risk you’re willing to tolerate; and evaluate its value against how much it will cost to protect.
  • Look seriously at the threat level you potentially face, as well as how likely an attack is to occur.

“They need to understand all the potential entry points for cyberattacks and create a holistic strategy that leaves no door open. However, there are many areas to consider, which makes it easy to overlook some. A risk assessment can help find the correct balance between security and usability, linked back to the business need.”

Read more: https://insidesmallbusiness.com.au/planning-management/why-you-should-consider-a-security-risk-assessment

Related posts:

  1. Why you need a holistic cyber security strategy
  2. How to improve retail security this year
  3. New research on reduced-risk cigarettes
  4. Seven effective risk management steps businesses should take

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