ybersecurity Assessment and Management refers to the processes and techniques used to evaluate and manage an organization’s cybersecurity posture. This assessment is designed to identify vulnerabilities and potential risks in an organization’s IT infrastructure, including hardware, software, networks, and data storage systems.
The assessment involves evaluating an organization’s security policies, procedures, and protocols to identify gaps and areas for improvement. After identifying the weaknesses, a management plan is developed to prioritize and address the identified risks. This plan may include implementing new security measures, updating existing ones, or developing new policies and procedures to improve the organization’s overall cybersecurity posture.
Effective cybersecurity assessment and management can help organizations protect their critical assets, maintain the confidentiality of sensitive information, and prevent cyber attacks and data breaches.
Why should your organization conduct an assessment?
Avoid data breach – The best protection against cyber risk is to avoid it from taking place. A data breach could have an impact on a company’s finances and reputation in the market.
Regulatory compliance – Companies undertake a cyber risk assessment in order to ensure compliance with regulations like HIPAA, PCI DSS, etc.
Reduction of loss – As companies identify the vulnerabilities in their cyber security, they can mitigate them. It helps in reducing the number of losses due to cyber security breaches.