As per Statista, the cost of cyber attacks will hit 10.5 trillion in 2025 as they continue to grow in complexity and volume. Amidst such an increasingly challenging environment, cybersecurity best practices that were adequate a few years ago will now be outdated in 2025, leaving companies that aren’t prepared defenseless. The message is clear—a…
Gartner’s study reveals that 80% of compliance leaders uncover third-party risks post-initial onboarding and due diligence processes; this finding underscores the escalating complexity within vendor relationships. It emphasizes the necessity for risk management strategies when dealing with vendors. Investing in vendor risk assessment procedures—such as enhancing procurement processes, bolstering supervision, and mitigating associated risks with…
When it comes to staying safe online, cyber security risk management is the key. But the idea of creating a thoughtful plan and process may sound intimidating—especially if you’re unsure where to begin. That’s why we’ve taken the time to research and outline what a cybersecurity risk management process is and why it is important….
Internal controls are the building blocks of a company’s security posture. They shape the company’s security architecture and they can often be the difference between a secure company and a vulnerable one. A recent study suggested that about 68% of occupational fraud occurred due to reasons relating to internal control loopholes—the reasons ranging from a…
How much does your business suffer from cyber threats? And with attacks taking a masterful turn, safeguarding sensitive data — and winning customers’ trust — requires more than just a firewall or antivirus software. This is where Cyber Essentials certification comes in, a government-backed framework that helps organizations prevent the most common types of cyberattacks…
TL;DR Most real-world cybersecurity strategies start with a purpose and goals, followed by the current state, governance and accountability, and a set of enabling measures. Creating a cybersecurity strategy requires you to tie security initiatives with business objectives, conduct preliminary assessments, select a guiding framework, create a mitigation plan, and seek budget approvals. Next comes…