7 Reasons Why Your Company Needs A Cybersecurity Assessment
Did you know that thousands of businesses every year are impacted by cybersecurity breaches and attacks? Even large companies such as Yahoo, Facebook, and Marriott have suffered major breaches. Therefore, it is important to know that your computers and data are protected. If you have an IT team, bear in mind that your IT experts are already inundated with day to day issues and don’t have the time to do a full cybersecurity assessment. That’s why you need a pro cybersecurity assessment team to check your system. Here’s a look at 7 reasons why your company needs a cybersecurity assessment.
1. Find Vulnerabilities in Your Systems
A cybersecurity team will be able to look at your systems the same way major data hackers look at your system. They will be able to check for any possible vulnerabilities. From there, the cybersecurity team will be able to patch up any potential weak areas and ensure that your company’s systems are protected.
2. Helps With Your Employee’s Cyber Awareness
A top cybersecurity team will also be able to education your IT team and other executives on the importance of cybersecurity awareness. For instance, a top cybersecurity team can simulate an attack on your company’s systems and show your IT team how to respond to specific situations.
3. Developing a Custom Cybersecurity Defense Plan
Each company has its own unique systems and data that need to be protected. A cybersecurity assessment will be able to recommend specific protections that can help fit the exact needs of your company. This is much like a home security company creating a system design to protect every window and point of entry in a home.
4. Compliance Check For Your Specific Business
Every industry has its own type of compliance that must be followed when it comes to cybersecurity and the protection of data. For instance, healthcare companies have different compliance codes versus financial companies. A cybersecurity assessment team will be able to show how any company can be in compliance with a specific company’s data protection mandates
5. Protect You and Your Company’s Finances
After a cybersecurity breach, there are usually lots of financial ramifications. First of all, the company’s breach will usually be made public and cause a huge negative press. Also, customers and clients could have their data impacted which could lead to legal action. Finally, executives in the company could find themselves in jeopardy of demotion or separation from the company. Here are some more specific, potential financial impacts of a data breach.
- Lawsuits from clients and customers
- Lost employee productivity
- Financial loss
- Theft of intellectual property
- Fines and penalties
- Damage to the company’s reputation
- Fall in the stock price
6. Increases Productivity
Old and outdated systems can make it hard for employees to stay productive. With a cybersecurity assessment, you will be able to update and protect your company’s systems. This will allow for faster performance and better employee productivity. This could lead to better financial outcomes over the long term.
7. Establishes a Complete Report of Your Company’s Cybersecurity Systems
With a cybersecurity assessment,. you will have a complete look at your company’s cybersecurity system. This can establish a baseline that will you to have a complete understanding of how your systems and your data are protected. This assessment of your systems will also make it easier to update and patch systems in the future.
Protecting your company from Future Cyberattacks
A cybersecurity assessment may be one of the smartest investments that a company can make. From employee productivity to protection from potentially huge financial losses, a cybersecurity assessment is a must for any sized company in any industry. Be sure to have a cybersecurity firm perform an annual assessment in order to fully protect your company.