Is Your Company Cyber-Secure? A Readiness Checklist For Today’s Top Threats

Cybersecurity is a big, expensive deal for every company. Whether you’re leading a global corporation or a small or midsize business, or SMB, cyber threats are always close at hand.

Most people understand the immediate financial risk of a cyber-attack or data breach. The staggeringly high numbers are frequently plastered on front-page headlines, making it abundantly clear what’s at stake. According to the most recent industry data, companies can expect to spend more than $4 million recovering from a data breach, a substantial price that seems to go up yearly.

Of course, the repercussions go far beyond just immediate monetary costs. Reputation damage, which is difficult to quantify, negatively impacts everything from brand loyalty to future customer acquisition. At the same time, opportunity costs from a cybersecurity incident further increase the expense for companies.

That’s why it’s worth asking the question again: “Is your company cyber-secure?” The answer is essential, so here is a readiness checklist for today’s top threats to help answer this question accurately.

1. Employees can identify and defend against increasingly sophisticated phishing scams and social engineering attacks.

Threat actors send more than 3 billion phishing emails every day. While many are unconvincing, ineffective or blocked by spam filters, some will arrive in employees’ inboxes where unsuspecting or unprepared employees may provide cybercriminals front-door access to company data or IT infrastructure. MORE