Risk Assessment

Is Your Head in the Cyber Security Sand?

By |April 9th, 2015|Categories: security|Tags: , , , , , , |Comments Off on Is Your Head in the Cyber Security Sand?

“We started as a relatively small company. Through success and internal growth along with some acquisitions, we are now a medium- sized company using the same policies and processes as when we first started.”

Does this sound familiar?

If so, take solace in knowing that you are not alone, but things have to change. For many companies, growth has outpaced their policies and processes, which can be a risky situation, especially in cyber security.

In information security, due care means “acting responsibly and doing the right things.” While information security is a very complex field, there are certain basic building blocks that must be in place for every company.

Ask yourself:

Do you know your company’s most important assets, where they are located, and how they are protected?
Do your employees understand their role in information security?
Do you understand the major vulnerabilities within your company?
Do you know the major threats and threat agents to your company / industry?
Do you know how your company would respond in the event of a cyber attack?
When the topic of cyber security comes up, most people think about firewalls, intrusion protection/detection systems, and other technical solutions. While these are inevitably part of the solution space, if you are hesitant or unsure of the answers to any of the questions listed above, you could be negligent in providing “due care” for your company.

You probably understand the things that need to be done to make your company secure from an information perspective. Nevertheless, not taking action—even by doing something as small as raising the issue with your leadership—can be construed as not “acting responsibly.” Knowing what to do and actually doing it are two completely different things. There will always be the “hot,” critical project that needs
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ASSESSING YOUR ORGANIZATION’S CYBER SECURITY: THINK YOU’RE UP TO IT?

By |March 11th, 2015|Categories: Risk Assessment|Tags: , , , , , , , , , |Comments Off on ASSESSING YOUR ORGANIZATION’S CYBER SECURITY: THINK YOU’RE UP TO IT?

The Enron debacle will forevermore be a parable about delusional self-auditing. In much the same way, Cyber Security should never be assessed using internal staff and mechanisms, the ramifications of missing something are simply too great.

According to Cenzic ‘s Application Vulnerability Trends Report: 2014, “While the majority of corporations have the important security building blocks, such as firewalls and intrusion protection systems needed for their security infrastructure, not enough organizations have comprehensive tools and practices in place for securing applications.” Faced with a worldwide shortage of Cyber Security professionals (Cyber Security has only recently become a discipline one may major in!), and companies unable to afford the overhead necessary for the requisite training, this situation is not surprising. Bad news for you. Good news for hackers.

Still think you can go it alone? Do you really understand the sheer magnitude of possible vulnerabilities? Here’s a sobering thought: Everything on the network is hackable. Everything—from your corporate computers to a 3rd party vendor to your employees’ Smartphones. Add to this the risky behaviors employees can engage in—sharing passwords, inappropriate web browsing, copying sensitive data onto mobile devices—and you’ve got exposure. Lots of it.

An objective Cyber Security assessment can assist with evaluation and establishment of controls to:

Implement an information risk management program
Ensure network security is adequate, including boundary and internal
Guide user education and awareness
Verify malware protection and prevention
Deal with secure configuration and patch management for devices (network, servers, PCs)
Manage user access and privileges
Handle incident management
Assist with home and mobile working

If you feel you aren’t ready to tackle all the items above, you should at least undertake a basic evaluation to consider only the most foundational building blocks for cyber security.

In a survey of its 3,400 global members,
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Hackers Aren’t Waiting. Why Are You?

By |February 11th, 2015|Categories: security|Tags: , , , |Comments Off on Hackers Aren’t Waiting. Why Are You?

Hackers Aren’t Waiting. Why Are You?

Why is Cyber/Computer Security so far down on your to-do list? If your reasons are any of the following, you might want to reconsider your priorities.

Let’s address each of these points in turn.

They can’t find you.  On a recent episode of 60 Minutes, Dave DeWalt, CEO of cyber security company FireEye, asserted that 97% of all companies are being breached. Ninety-Seven percent. So, unless you truly live off the grid, you have likely had a breach already. The real question is how bad is the damage?

They can’t find your valuables.  These criminals are very sophisticated and have the knowledge, tools and patience to find your sensitive data and exploit it.  Hacking has evolved from the lone geek making mischief to an actual profession and, as Lance Cottrell, Chief Scientist at Ntrepid and expert on security and privacy writes, “In most breaches, it turns out the hacker has been inside the network for months.”

Your valuables aren’t worth it.  Wrong again. They aren’t always interested in your data; often they are interested in your financial partner, investor, supplier and customer. Anything sensitive they can sell or make profit from.

You have other priorities.  You will always have other priorities. But believe me, if the hackers come—and they will—you will have to deal with the fallout and that will become your new priority.  With several methodologies at hackers’ disposal such as viruses, malware, botnets and ransomware, cleaning up the damage will be more involved than you think.

You don’t know where to start. Improving your security begins with having a prioritized list of actions based on risks to your company.  A risk assessment will accomplish that and, at the same time, help you raise
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