CYBER SECURITY STRATEGY

In 2017, Microsoft projected that the average data breach costs $3.8 million. Now, Juniper Research believes that amount will hit $150 million by 2020 — an increase of 3,947%. As the costs of doing nothing to protect data increase exponentially, companies are investing more budget dollars in cyber protection.

But dollars invested don’t always translate into effective security strategies that keep threats at bay.

The high costs of neglecting cyber defense, which range from enforced employee idleness to serious brand damage, have inspired most enterprises to establish some kind of security plan and policy.

Still, 54% of companies get hacked every year and 38% of global corporations believe they are not adequately prepared to withstand a sophisticated cyber attack. Often, that’s because they lack a real security strategy or they rely on one that’s not well-formed, creating a weak security capability within their organizations. For instance, they may employ a single security architect but not a chief risk officer, or they may lack the infrastructure or the skillsets to understand what security is.

Secure companies know what they want to protect. And they use a clear and executable strategy to protect it.What about you? Where is your company most at risk? What are you protecting? Who’s minding your cyber store after dark?

Our team works with you to figure out what’s most critical to your company, whether that’s your competitive advantage, information that could harm your reputation if breached, regulated data, or your product development systems. Then, we help you create a strategy that takes into account your level of risk, vulnerability, and security capacity.

How secure are you? We can help you find out.