The Cyber Risk
Risk Management Plan During Social Unrest is Essential The first half of 2020 between COVID-19 and peaceful protests hijacked by looters has been hard on small businesses. As coordinated attacks on businesses by loosely organized criminal gangs continue, now is...
During the pandemic, an organization's security threats heighten—the risk for insider threats increases. There are two challenges: remote workers and the economy. The first challenge during COVID-19 is dealing with so many employees working remotely. The workforce...
Perfect Time for a Cybersecurity Spring Cleaning It is a good as any time to perform a cybersecurity spring cleaning. As the COVID-19 pandemic, stay-at-home orders continue, you are decluttering your home office, the kitchen, the bedroom closet, and the basement add...
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Social Media Crisis Communications: Preparing for, Preventing, and Surviving a Public Relations #Fail
The original social media crisis communications book, by Ann Marie van den Hurk, gives you a crisis communications blueprint that’s fast, flexible, realistic, complete, and doable. You’ll learn how to build a crisis communications plan from the ground up then integrate social media into it. You’ll gain insights into the new dynamics of crisis communications due to social media. You’ll be exposed to case studies showing you what to do and not to do when faced with a crisis today.
What is cyber risk?
Cyber risk is any danger of financial loss, disruption, or damage to the organization from information technology systems failure. It is a comprehensive view of the potential exposure to internal security flaws in the context of external threats. Cyber risk management develops collaboration with siloed stakeholders allowing for a better understanding of risks and responds to threats.
What's the difference between cyber risk and cybersecurity?
Cybersecurity and cyber risk are not interchangeable and have different functions. They work in conjunction with each other.
Why should I worry about cybercrime?
It is not just the financial services firms and defense organizations; all types and sizes of organizations are at risk. Any organization which collects and stores information on customers electronically or keeps its accounts in a cloud has a cyber threat. Organizations must remain secure, vigilant, and resilient to both minimize risk and optimize new opportunities.
What is cybersecurity?
Cybersecurity is the method of securing computers and servers, mobile devices, electronic systems, networks, and data from malicious attacks. It is also known as information technology security or electronic information security. The term is broad-ranging and applies to everything from computer security to disaster recovery, and end-user education.
What is the ROI on cyber risk and cyber security?
Cyber risk and cybersecurity should be part of running a business such as insurance or accounting. Lack of attention to cyber risk and cybersecurity will cost you. How you much can you lose and keep your business operations? According to a recent study by a leading global business insurance company, the average cost of a cybercrime costs:
$14K - Small Business (1-49 employees)
$184K - Medium Business (50-299 employees)
$715K - Large Business (300-999 employees)
$551K - Enterprise (1,000+ employees)