13 Apr 3 reasons your business needs a security readiness assessment
Network security is a critical part of operating a business. Organizations need to ensure their computing infrastructure is secure and out of the hands of hackers, for plenty of obvious reasons.
Cybersecurity incidents cause havoc within companies of any size or industry, and the cost of a data breach of any magnitude continues to swell. IBM and Ponemon found in 2016 that the average cost of a data breach was $4 million, but that really depends on your company’s size and the scope of the intrusion. For instance, according to Fortune contributor Jeff John Roberts, the data breach that hit Home Depot in 2014 is set to cost the company upward of $179 million when all is said and done.
To fight back against the unknown and help strengthen cybersecurity strategies, many companies undertake security readiness assessments. What is a security readiness assessment, and why does your organization need one? Let’s take a look at the key benefits of this essential tool:
“Hackers are great at finding cracks in your armor.”
What you don’t know…
When it comes to cybersecurity, you don’t want to cut corners. The old saying goes, “What you don’t know won’t hurt you.” However, when your network and customer data is on the line, this old adage couldn’t be further from the truth. There could be vulnerabilities within your system you don’t know about, and hackers are great at finding cracks in your armor that they can exploit.
According to TechTarget contributor Charles Cresson Wood, a risk assessment report acts like a “to-do” list for the things you know you need to fix about your security strategy.
“With a report in hand, you’ll have a snapshot of your organization’s security,” Wood wrote. “You will see everything, from which servers lack critical patches to a faulty token distribution process that leaves applications open to compromise. The report helps prioritize your efforts and gives you a baseline for measuring progress.”
Determine policies and processes
A security readiness assessment is a good way to help your organization really put in place those key policies and strategies for when things do go wrong within your network. Security depends on effective change management and following established policies – and with an assessment, you can determine whether these procedures are being heeded.
Cost-effective way to improve security
Cybersecurity is not a cheap endeavor. Some companies will charge you hundreds of dollars per hour to comb through your network and determine your threat level.
The security assessment and report from Pinnacle Business Systems, however, is complimentary and helps you prioritize eight breach types, not to mention it has 42 breach security capabilities.
Pinnacle has partnered with Intel to offer security readiness assessments to organizations in every industry. In order to capitalize on the key benefits outlined above, IT managers and CIOs should consider investing in this important tool. Our security readiness assessment and report can be completed in one hour over the phone or in person and can help your organization prepare for the worst.
Get in touch with the experts at Pinnacle today for more information and to schedule your assessment today.