Your Cyber Risk Readiness IQ
Continuous assessment of risks is essential to the success of a cyber program. You can't manage the risks you don't know about. You cannot apply the proper system of controls if you haven't properly assessed identified risks. And you can't ensure the risks are being properly managed if you aren't monitoring the level of risk and the effectiveness of controls on an ongoing basis.
You need a continuous approach to assessing risk for a real-time understanding of your cyber risk profile.
What the survey shows and what you can do with it.
Managing the information, data and alerts from cyber security solutions is not an easy task and continues to be a challenge for institutions of all sizes and risk maturity levels. Consider a co-managed solution, pairing human expertise with the right technology solutions for your business.
Industry leaders have learned to address all sources of risk across the business, not just those that are easier to tackle.
Recognition may be half the battle, but institutions need to change their planning and implementation processes to address cyber risk in parallel with new initiatives. Not after the work’s been done, when it can be too late to prevent a cyberattack.
Take this quick self-evaluation to understand your cyber risk readiness and how you stack up against your financial industry peers.
The outcome will help you identify areas where you are strong or where you have vulnerabilities or gaps and provide tangible recommendations for improving your cyber risk maturity.
In late 2022, DefenseStorm surveyed information security and IT professionals across the US. The goal was to benchmark the progress that companies are making against five components of effective cyber risk management. Based on their survey responses, respondents were grouped into four maturity levels:
DefenseStorm Risk Assessment
DefenseStorm offers the only built for banking cyber risk management solution with integrated custom risk assessments.
With lackluster service from its former cybersecurity provider, Red Rocks Credit Union scanned the market for a new partner to offer agility, continual improvement and a readiness to help – DefenseStorm was the obvious choice.
Webinars & Videos
Live Oak Bank Switches to a Cloud-based Cybersecurity Solution
Thomas Hill from Live Oak Bank describes the benefits DefenseStorm offers as a cloud-based, FI-focused provider.