Effective Ways of Cybersecurity Risk Management

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EFFECTIVE WAYS OF CYBERSECURITY RISK MANAGEMENT
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Cybersecurity Risk Management is the process of
a) identifying the potential cyber risk
possessed, b) assessing the impact of the risk,
c) and planning how to deal with the risk.
Cybersecurity Risk Management is an important
part of IT security. At FnCyber, we provide you
with the necessary cybersecurity consulting
services. Here are some effective Cyber Security
Risk Management ways are-
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ORGANIZATIONS CULTURE

• The basic thing required while planning the
  organizations IT cybersecurity is to build the
  organizations culture. The average costs of
  cyber attacks have crossed 1.1 million and it
  has been proven that the companys reputation has
  been demolished after a cyber attack. Building a
  cyber security focused culture is important at
  every stage of the organization to prevent a
  cyber attack.

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DISTRIBUTION OF RESPONSIBILITY

• The responsibility of cybersecurity does not
  solely rely on the IT department or the security
  department. Every employee of the organization
  should be made aware of the potential risks and
  the ways to prevent cybersecurity breaches. The
  use of correct tools by all employees reduces the
  chance.

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TRAINING EMPLOYEES

• For the implementation of cybersecurity tools,
  the training of all the employees is important.
  It needs to start from the identification of risk
  and end at the use of tools designed for
  preventing the risks. The employees should be
  fully trained to use the correct tools the
  organization plans to implement.

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IMPLEMENTATION OF CYBERSECURITY FRAMEWORK

• The implementation of the correct cybersecurity
  framework is important for the organizations
  security and totally depends on the standards
  adopted by a particular organization.

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THINK OUT OF THE BOX

• The IT department or the security departments
  view cyber risks from just one point and use all
  the effort to protect the point from cyber
  attacks. This is not enough as cyber attackers
  consider each and every possibility to find the
  weakest point of the organization. It is
  important to think out of the box in order to
  protect all the possible systems from
  cyber-attacks.

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SPEEDY RESPONSE

• In case of any cyberattack, an immediate response
  is required, and longer time taken to respond,
  leads to more damage caused to the organization.
  Usually, IT managers take more than an hour to
  find out about an ongoing cyber attack in the
  organization and by the time they realize it, the
  damage is done. And even speedy responses must
  only take place with the use of the right tools,
  when it comes to security breaches.

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PRIORITIZING CYBER RISKS

• When comparing all the risks possessed by an
  organization, mostly it is seen that cyber risks
  are not given enough importance even after
  knowing the level of damage which can be caused
  to the organization, just with one cyber attack.
  Cyber-attacks should be given equal importance as
  other risks that are possessed by the
  organization.
• At FnCyber, we help an organization get fully
  prepared to deal with any cyber attacks with
  proper use of Cybersecurity Risk Management.

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