How often does cybercrime happen? Every 36 seconds. And each lost or stolen record in a breach costs a company an average of $148. So, a well-executed cyber security management plan is crucial to protect your sensitive data and infrastructure.
As a business owner or IT decision-maker, you can effectively take charge of your organization’s cyber security and mitigate potential risks. Keep reading to explore the vital aspects of an effective cyber security management plan.
What Is a Cyber Security Management Plan?
Cyber security management is the process of protecting your business from cyber threats. A comprehensive cyber security management plan not only offers protection but also provides the following.
- Enhances your reputation
- Fosters customer trust
- Enables smooth business operations
Cyber Security vs. Cloud Security
Cyber security and cloud security are two critical components of modern-day digital protection. While cyber security focuses on safeguarding computer systems, networks, and data from unauthorized access or attacks, cloud security specifically targets the protection of data and applications stored in cloud environments. This ensures data confidentiality, integrity, and availability.
How to Execute an Effective Cyber Security Management Plan
A cyber security management plan can help you achieve your objectives and ensure you have the right people, processes, and systems to protect your business from cyber threats.
Follow these three steps to execute your cyber security management plan and protect your information security management system.
Step 1: Identify Risks
For your company to successfully implement a cyber security management program, you must start by identifying the risks and threats that could impact your business.
A risk assessment evaluates factors that may affect an organization’s ability to execute its mission successfully. It can help you identify your company’s most significant threats and develop strategies to manage those risks. To conduct a risk assessment, you must gather information about your current environment and resources to assess how they will affect future operations and activities.
Once you’ve completed this step, it’s time to develop your strategy.
Take control of your cyber security risk management!
Step 2: Develop Strategies for Network Security and Management
Develop strategies and objectives to help you determine the most critical cyber security risks, how much money you can spend to mitigate them, and how much time you have to implement your plan. You should uncover existing threats and weigh their impacts.
Here are some questions to answer.
- What are the biggest threats? (Hint: it might be your employees!)
- How do they work?
- What can I do about them?
- What types of threats have been identified by other organizations and industries?
Once you’ve established your strategy, the next step is to monitor and measure.
Step 3: Monitor and Measure
Monitor the process and measure the results. This step helps you understand what is working, what is not, and where there are gaps. It also allows you to make adjustments as needed.
You should monitor your cyber security regularly, so that you can stay on top of issues and make adjustments as needed. Looking for a tool to help? TCS CyberShield offers 24/7/365 continuous monitoring and focuses on risk analysis to keep your organization secure as threats evolve.
Enhance Your Protection with Expert Cyber Security Management
Cybercrime is no longer just an IT problem; it’s an issue all businesses, large and small, must address. It’s time for your organization to take action and create an effective cyber security management plan.
Need a partner to support your network security and management?
TCS offers comprehensive IT services and cyber security asset management to small- and mid-sized businesses in central North Carolina. We help businesses like yours boost productivity and prevent downtime. And when you call the TCS office, you speak with an expert in IT, not a machine.