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. The presenter will provide a brief overview of sources of risk (third parties, IoT, hacking, phishing) and sobering data regarding the average impact of a cyber attack.
Companies must leverage every resource available to establish a layered and proactive defense. The biggest cyber threat to an organization often lies between the chair and the keyboard, hence the human element is an important part of the cyber equation. Educating staff via cyber hygiene training can turn employees from “cyber liabilities” to “vigilant proactive deterrents” against cyber-attacks. 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.