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5 Things to consider when setting Cybersecurity strategy

19/03/2024

What to think about when looking at your business's Cybersecurity strategy:

Putting the right cybersecurity frameworks in place can help your business to safeguard its sensitive data, protect teams from cyber threats, and make sure that your business can continue in the worst case scenarios. Developing a robust security strategy requires business leaders to consider various factors. We've distilled 5 essential things to keep in mind when setting your cybersecurity strategy, which includes remote work, employee security, and insurance.

1. Prioritise Your Employees' Security Awareness

Employees are the weakest link in cybersecurity defences. This make cybersecurity awareness training essential for all team members. It's important to educate team members about phishing scams, social engineering tactics, password hygiene, and the importance of adhering to security policies and procedures. A culture of cybersecurity awareness can be the difference between clicking a phishing link or not. If every team member is accountable, across the whole company, then employees will feel empowered to recognise and report potential threats. Remember, you'd rather flag a safe email than miss a dangerous one!

2. Think About Cybersecurity Insurance

Cybersecurity insurance products provide financial protections against the costs associated with data breaches, cyberattacks, and regulatory fines. Evaluating your risk profile and then looking for the right cybersecurity insurance products can help to insulate your business against financial losses or liabilities in the event of a security incident. Most business insurers now have tailored policies that can integrate into your general business insurance package, meaning you're covered by protection that factors in your specific risk tolerance and cybersecurity requirements.

3. Adopt the NIST Framework

Implementing cybersecurity frameworks can provide businesses with a structured approach to managing and improving your cybersecurity posture. Frameworks such as the NIST Cybersecurity Framework offers guidelines and best practices for identifying, protecting, detecting, responding to, and recovering from cyber threats. Aligning your cybersecurity strategy with recognised frameworks ensures a comprehensive and systematic approach to risk management.

4. Think About Your Remote Teams

Since the rise of remote work, security remote endpoints and ensuring secure access to corporate resources has become of huge importance. We recommend a minimum of Multi-Factor Authentication, endpoint security like EDR, and password hygiene training to protect against unauthorised access and data breaches. Provide ongoing training and awareness to educate employees about remote work security best practices and potential threats.

5. Think About a Managed Cybersecurity Service Provider

Consider partnering with a reputable managed security service provider like Mason Infotech to improve your cybersecurity posture. Managed cybersecurity services from Mason Infotech offer round-the-clock monitoring, threat detection, incident response, and ongoing management of security infrastructure. By outsourcing cybersecurity to the experts, businesses can leverage advanced tools, technologies, and expertise to mitigate your risks effectively.

Developing effective cybersecurity strategies requires businesses to be proactive, and take a multi-faceted approach to address various aspects of security risk management. By evaluating a managed cybersecurity services company like Mason Infotech, adopting cybersecurity frameworks like NIST, and prioritising employee security awareness, businesses can strengthen their cybersecurity posture and mitigate evolving threats. By partnering with a trusted managed sercurity service providers like Mason Infotech, businesses can leverage industry best practices to ensure they are effectively protecting their assets, reputation, and finances from cyber threats. With a robust cybersecurity strategy in place, businesses can navigate the complex cybersecurity landscape with confidence.

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