When you experience a breach, time is crucial. Our 24/7 Security Operations Center responds immediately with precision to eliminate the threat and restore operations.
ShadowSpear® is an unparalleled resource that defends your organizations against advanced cyber threats and attacks 24/7/365.
Your organization has cybersecurity weaknesses and vulnerabilities you don’t yet even know about. They need to be found and found immediately. If you don’t someone else will.
Business Journal Ask the Expert Column – June 2020
As much as you try to plan for the future, there will always be unexpected events when it comes to cybersecurity. Throughout every successful leader’s career, they have encountered and navigated through countless unpredictable circumstances. Having the ability to develop and act upon various plans and honing the muscle memory of entering into crisis situations and performing under pressure is the hallmark of an unwavering leader. The current global pandemic has presented an opportunity for cyber criminals to deploy ransomware and extort corporations for millions of dollars. A dynamic CEO will be able to execute the contingency plans regarding the financial crisis which includes ensuring cybersecurity is at the forefront of investment in order to protect the corporation during its fight for survivability.
A lot of change has occurred since the beginning of the year. You may have had to reevaluate numerous plans and procedures. Decision-making is in full swing, and you have to take into consideration the uncertain times and how they will affect the upcoming fiscal year. The ability to execute your cybersecurity strategy may very well determine whether you survive. All leaders must have a thought-out plan for this new reality as cybercriminals continue to develop new nefarious tactics.
These uncertain times bring fear. Fear is what most cyber criminals will exploit to try to persuade corporations to pay the ransom to avoid negative publicity. You need to coach and train your organization to understand the risk possibilities it faces and why. Your employees are the most vulnerable during this time because it only takes one click for your organization to face great danger and potentially close your business. To avoid a cyberattack, make sure you invest your time and money in a cybersecurity strategy for your organization. The investment in your cybersecurity plan will pay dividends when it saves your organization from paying a ransom and issuing privacy disclosure notifications to your clients.
When you budget for cybersecurity, it is generally best to engage with a trusted cybersecurity advisor who will work with your internal staff to develop a strategic plan. We also recommend avoiding the latest marketing material or fodder or falling prey to an aggressive sales team describing futuristic technology features. Engaging with unbiased cybersecurity professionals will enable you to evaluate your organization’s risk profile, understand the cost associated with protecting your environment and present a plan for your specific organization.
SpearTip recommends your cybersecurity budget to include the following:
Your organization may be facing challenging situations today, and it is best to take proactive steps to prevent a cyberattack for not only your organization but also for your clients or business partners. Having a robust cybersecurity plan secures your environment for the future and ensures reliability and trust within the organization.
For more information on how to budget for cybersecurity, feel free to email info@speartip.com, subject line “Ask The Expert” or visit speartip.com.
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