Every business, regardless of its size, is a potential target for sophisticated cybercriminals. Managing cybersecurity is a complex problem and processes are often reinvented in every organisation, creating inefficiencies and weaknesses. Stopping cybercriminals in their tracks requires a clear view of the threats faced and the ability to develop strategies to mitigate the risks.
Two things are happening every day: new cyberattacks are launched; and new tools and solutions to combat cyberattacks are introduced. The rapid pace at which the threat landscape is evolving makes it difficult for senior managers to know if the company’s investment in security is effective.
On top of that, there is often disjointed communication between security teams and senior leaders. This is partially because highly-skilled cybersecurity professionals often lack sophisticated business communication skills.
Cybersecurity is a top level problem, yet information about cyber risks is not delivered as transparently and as clearly as it could be to those in charge, hindering their understanding and ability to respond appropriately. To combat this problem, businesses need to find a better way to communicate the risks internally and respond appropriately.
Most businesses face key challenges around:
- getting a clear picture of the cyber threats they face
- understanding if their investment in cybersecurity solutions is effective
- making well-informed cybersecurity decisions that meet the organisation’s overarching objectives
- accessing the skills and resources needed to effectively protect the organisation
- managing security governance and compliance.
Organisations should consider implementing systems that will give them an accurate and easy view of the current risks, as well as which risks to focus on for their business.
A platform such as our Executive Dashboard, Ed, provides a fast, easy, and effective way to establish and maintain situational awareness across an organisation’s security, IT health, and compliance landscape. It alerts the organisation when systems become overloaded, or when they fall into non-compliance with security or regulatory requirements.
Such platforms benefit technical staff and executives by delivering a customised and consistent view of the health of IT systems. Executives gain an overall picture, and technical staff can prioritise workflows in line with business requirements by quickly drilling into relevant technical views.
Organisations need to invest in tools and systems that will help them understand security risks, self-assess, and gain quick insights into their cybersecurity options. A compliance tool will help to accelerate problem identification, saving time and money by addressing problems before they impact the business.
Alex Morkos, Director, Aleron
