Where should the typical real estate firm begin when auditing their cybersecurity risk? -Assess operational technologies and their internet accessibility—throughout your entire tech stack. -Address cybersecurity in vendor contracts and lease provisions. Do the proper due diligence to ensure the people using your space, or working on your space, aren't themselves risk vectors. -Conduct technology audits to identify vulnerabilities, even in seemingly isolated areas, like appliances. -Don't neglect the human element. Develop comprehensive security policies and training programs to mitigate a big failure point. -Obtain cyber insurance tailored to specific property risks - informed by your tenant mix, portfolio composition, and size -And of course, talk to an expert. The article shared in the top comment is an excellent deep dive into the subject.
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As cyber security attacks continue to rise, we're seeing insurers grow their list of voidable coverage exclusions - "One way that insurers are reducing their exposures when writing cyber insurance policies is by limiting their coverages through exclusions. The Delinea report found that the list of exclusions voiding coverage in a cyber policy is growing. The top reason given by the survey’s respondents for excluding coverage in a policy was a lack of security protocols in place (43%), followed by human error (38%), acts of war (33%), and not following proper compliance procedures (33%)." - TechNewsWorld SynerComm's INSIGHTS solution validates security protocols and proper compliance procedures, identifies if the program is over/under insured, while also providing our partners with the best ROI on their IT security investments. Schedule your consultation here and avoid a surprise exclusion costing your company: https://lnkd.in/gAE-svth
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Great solution from Voco Digital and SAFE to easily visualise your organisation’s risk areas and then prioritise the threat prevention initiatives.
In the past, Cyber security risks were hard to quantify in financial terms because of the complexity of calculation and lack of data or effort of updating data on a regular basis. That’s why we love working with SAFE Security. The SAFE platform allows you to visualise your organisation’s risk areas on an easy-to-understand, unified risk dashboard and uses AI for breach predictions and prevention actions. In partnership with SAFE, and other leading Security platform providers, the Voco Security Team can help your business identify and visualise the highest risk areas in your business, and prioritise the threat prevention initiatives that will deliver the greatest ROI. If you’re thinking about improving cyber security in your business, contact the Voco Security Team today at www.voco.co.nz/contact
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How vulnerable is your network? Even small businesses are finding themselves at the crossroads of innovation and vulnerability and the stakes are high. Exposure of sensitive customer data, financial information and proprietary data puts their business at risk every day. Follow this link to read how EZ Micro can help you assess your networks weaknesses and help improve them. Don’t wait until bad actors are already inside. https://lnkd.in/eES7ACPy #pentesting #cybersecurity #vulnerability #smallbusinessitsolutions #managedITservices
What is network penetration testing? | EZ Micro Solutions
https://ezmicro.com
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In today's digital world, businesses rely heavily on IT systems to operate efficiently. But how can organizations ensure their technology is secure and compliant? Regular IT audits are the key. 1. **Identify Security Risks** - With increasing cyber threats, IT audits identify potential vulnerabilities and provide recommendations to bolster security. 2. **Ensure Compliance** - Industries like healthcare (HIPAA) and finance (PCI-DSS) must meet strict regulations. IT audits ensure your organization is compliant, avoiding costly fines. 3. **Improve Operational Efficiency** - By pinpointing outdated software and process inefficiencies, IT audits help improve overall operational performance and reduce costs. 4. **Baseline for Future Audits** - Regular audits create a benchmark, helping to monitor progress and identify areas needing further improvement. 5. **Protect Against Data Loss** - IT audits reveal weaknesses in backup and disaster recovery plans, ensuring data protection and quick recovery in case of a cyber attack. Regular IT audits are crucial to maintaining a secure, efficient, and compliant IT infrastructure. 🌐🔒 Is your organization conducting regular IT audits? #ITSecurity #ITCompliance #CyberSecurity #DataProtection #BusinessEfficiency 👉 How often does your organization perform IT audits? Share your insights and experiences below!
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68% of organizations of all sizes experienced #cyberattacks in the past year!(Netwrix Corporation 2023 Hybrid Security Trends Report). According to IBM Cost of a Data Breach Report, a data breach can cost an average of $3.31 million for businesses with fewer than 500 employees. Taking control of your #ITassets is crucial. Here's how to strengthen your defenses: • Prioritize #cybersecurity in your budget • Invest in employee training. Human error could be a major risk (World Economic Forum) • Implement strong security practices including risk assessments, vulnerability management, and cyber insurance ️ By keeping IT assets organized and secure with an asset management tool and MDM, companies can significantly reduce cyber risks. Keen to learn more? Contact us: https://lnkd.in/dHcK_2jE
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Cybersecurity: More Than Tech, It's Business Risk In today's digital landscape, it's crucial to understand that cybersecurity goes beyond just technology; it's a business risk. A breach can have far-reaching financial and reputational impacts. 💼🔒 Consider these points: 🌐 Beyond Tech: Cybersecurity isn't solely the IT department's responsibility. It's a concern for everyone, from top management to every employee. 💰 Financial Impact: Data breaches, downtime, and recovery costs can add up quickly. Investing in robust cybersecurity measures is an investment in protecting your bottom line. 👥 Reputation Matters: A breach can erode customer trust and damage your brand's reputation. It's not just about data; it's about your credibility. 🔐 Prevention is Key: Proactive cybersecurity measures can significantly reduce the risk. Regular security assessments, employee training, and incident response plans are essential. Remember, in today's interconnected world, the business risks associated with cybersecurity demand a holistic approach. Protect your assets, reputation, and customer trust! 🛡️✅ #Cybersecurity #BusinessRisk #DataProtection
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In today's fast-paced threat landscape, cybersecurity is not just a necessity; it's an economic imperative. Managing cybersecurity in-house has become a daunting task for most organizations. The truth is, despite significant investments in technology, tools, and personnel, the threat landscape is evolving with such speed and sophistication, many #SMBs and #Startups can't keep pace. 🏃♂️ We get it. For many organizations, #CSaaS (CyberSecurity-as-a-Service) is the most cost-effective solution to staying ahead of cyber threats and compliance regulations. Here's why: ⬇ Minimize Risk: The cost of CSaaS is significantly lower than recovering from a ransomware attack. With cyberattacks on the rise, prevention is cost-effective. ↕ Lower Costs, Highten Protection: Outsourced services bring expertise and speed that's hard to replicate in-house, all at a lower cost. ⏩ Accelerate Business Initiatives: Outsourcing frees up your internal teams to focus on strategic business challenges. 🔄 Leverage Existing Investments: CSaaS makes the most of your existing security tools, increasing their effectiveness. ⬆ Optimize Cyber Insurance: CSaaS helps you meet insurance requirements, reducing the likelihood of a major incident and improving policy offers. Outsourcing cybersecurity to security experts is not just a smart move, but often the most feasible solution in today’s macroeconomic climate. cdg.io Here's a great article on the subject from the Harvard Business Review: #CybersecurityServices #CyberDefense #CyberInsurance https://lnkd.in/gh_BnY9W
Most Companies Can’t Handle Cybersecurity Alone
hbr.org
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Starting with an assessment is the first step #securityposture
🔒 PX Solutions Cyber Security Assessment 🔒 In today's digital landscape, security is paramount. At PX Solutions Ltd. we have partnered with Stratejm, to perform comprehensive reviews of your organization's security practices and controls, benchmarking them against the CIS Critical Security Controls (CSC). Our process involves interviews, document reviews, and technical analysis to identify potential vulnerabilities and associated risks. The outcome? A detailed analysis of your current security state and actionable recommendations. The benefits of this assessment are significant: Risk Reduction: Mitigating data breaches and security incidents. Monitoring and Detection: Improving threat detection and response capabilities. Incident Recovery: Ensuring a swift return to normal operations after an incident. Cost Savings: Preventing costly security breaches in the long run. Trust and Reputation: Building trust in the industry among clients, partners, and stakeholders. Assessing the CIS CSC Top 18 controls is essential for data protection and reputation enhancement. Our experienced security advisory team at Stratejm is here to support you in strengthening your security strategies and governance frameworks. Secure your organization further. Reach out to us to enhance your cyber defenses today! #CyberSecurity #InfoSec #DataProtection #Pxsolutions #Stratejm #CISControls
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In an era of data breaches and cyber threats, robust access control mechanisms are more crucial than ever. However, many companies are entangled in overly complex access control systems that hinder productivity and create security loopholes. At its core, access control should ensure the right people have the right access at the right time—nothing more, nothing less. Simplifying these systems can enhance security, improve user experience, and streamline operations. Here’s why simplification matters: Enhanced Security: Complex systems often lead to misconfigurations, increasing vulnerability. Simplified controls reduce the risk of errors and make it easier to maintain security protocols. Improved Productivity: Users spend less time navigating convoluted access procedures, allowing them to focus on their core tasks. Operational Efficiency: IT departments can manage and update permissions more effectively, reducing administrative overhead and response times. Adopting a principle of least privilege, leveraging automated tools, and regular audits can help streamline your access control processes. Let’s aim for simplicity, ensuring robust security without unnecessary complexity. Feel free to engage with your thoughts and experiences on access control! #CyberSecurity #AccessControl #DataProtection #ProductivityBoost
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When a client asks us for a Security Health Check, it's often to help identify any control gaps they may have. In this case study, learn how identifying 60 weaknesses helped the Head of Cyber Security get the backing to make the right changes. #cybersecurity #assessment #CISO
Security Health Check Case Study | i-confidential
i-confidential.com
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Full resource link: https://www.lexisnexis.com/community/insights/legal/practical-guidance-journal/b/pa/posts/cybersecurity-and-data-privacy-in-commercial-real-estate