Evaluate the current effectiveness of your cybersecurity controls
Evaluating and planning are critical to an effective cybersecurity strategy. While some organisations might rely on previous experience or follow existing protocols, the most effective way to assess your risk posture is by analysing your business’ unique situation at any given time.
Each organisation will face different cybersecurity risks, with some more exposed to certain types of attacks than others. For example, an organisation heavily reliant on e-commerce channels – wherein most business is in the form of digital sales – is more likely to be targeted by threat actors seeking to exfiltrate data or cause operational disruption.
On the other hand, organisations with an extensive digital footprint, e.g., within the financial and governmental industries, are often targeted via phishing campaigns to breach end-user-focused controls and harvest the vast volumes of data they hold.
By assessing your organisation’s risks and looking at the most relevant threats, your business can strategically plan its cybersecurity budget, ensuring that you focus on the areas that will deliver the most significant benefit.