While it’s important to assess the cybersecurity of your third parties, there’s another crucial process that every organization should consider: An enterprise cybersecurity risk assessment, which provides an external view of your organization’s attack surface along with verification of internal security controls. Here are three key reasons why:
The cyber world is incredibly dynamic. Since new technologies are being introduced all the time and hackers are always looking for new ways to steal data, it’s crucial to keep on top of any new possible threats to your organization.
In addition, your organizational policies can change over time, which can also lead to cybersecurity issues. For example, implementing a remote working policy can result in significant technology and human risks that must be properly addressed. With an enterprise cybersecurity risk assessment, your organization can better tackle its vulnerabilities and risks before they are exploited by cybercriminals.
Your board of directors needs to understand your organization’s cybersecurity risk management is being addressed, especially since they will be held liable in the event of a data breach. An enterprise cybersecurity risk assessment can help you keep your stakeholders informed and present a clear overview of your organization’s cybersecurity.
Presenting your organization’s cybersecurity to your stakeholders can include
A thorough enterprise cybersecurity risk assessment is a key ingredient for this process.
Often, companies must prove that they satisfy strict security requirements in order to do business with business partners, vendors and suppliers. Having an enterprise cybersecurity risk assessment can demonstrate to other companies that your organization has taken steps to put security processes and procedures in place. The assessment can include:
Having this information readily available can help your organization partner with other companies, thereby enabling business.
With Panorays’ 360-degree enterprise cybersecurity risk assessment, your organization can rapidly find out the status of its own cyber posture and any issues that should be remediated. Panorays is unique in that it reveals the attack surface while assessing and verifying internal controls. Panorays also provides continuous monitoring, so you can be alerted immediately if there are any changes.
Want to learn more about Panorays’ enterprise cybersecurity risk assessments? Schedule a demo today.