How to Monitor and Measure Cyber Risk Reduction

How to Monitor and Measure Cyber Risk Reduction

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Alright, so you wanna know how to, like, keep tabs on whether your cyber security efforts are actually, yknow, working? Its not just about throwing money at the problem, you gotta see if that money is actually, like, shrinking the risk! Think of it like this-- youre trying to lose weight (cyber risk reduction) but how do you know if that diet (security measures) is doing the job? You gotta weigh yourself (measure risk!).


First off, you need to figure out what exactly youre trying to protect! (Critical assets, duh!) Is it customer data, intellectual property, or maybe just keeping the website from crashing?

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Once you know whats important, you can start looking at the threats. And what are the vulnerabilities that could get exploited? managed service new york (Think weak passwords, old software, or that intern who clicks on everything.)


Now comes the fun part (not really, its kinda boring, but necessary): metrics! managed it security services provider check You need ways to actually measure things. For example, how about "time to patch a critical vulnerability?" If it used to take a week, and now it takes a day, boom! Risk reduction right there. managed services new york city Or maybe track the number of successful phishing attacks. That goes down, you are winning! Other things you could track include the number of alerts generated by your security systems, or the number of unpatched systems.

How to Monitor and Measure Cyber Risk Reduction - managed services new york city

    Think about the mean time to detect and respond to incidents (MTTD/MTTR).


    But dont just collect data! You gotta analyze it! What trends are you seeing? Are certain types of attacks becoming more common? Are certain systems more vulnerable than others? managed service new york This is where you can actually see if your security efforts are making a difference!


    And, like, dont forget to keep testing things! Regular penetration tests and vulnerability scans are super important. They help you find weaknesses before the bad guys do. Tabletop exercises (simulated cyber attacks) can also help you practice your response plans and identify areas for improvement. Think of it like a fire drill but for your computers.


    Finally, and this is important, communicate your findings! Let everyone know how the security posture is changing, and what actions are being taken to reduce risk. This helps to get buy-in from everyone, and makes it a team effort! Its not just ITs job, everyones responsible for security.


    Its not a one-and-done deal, monitoring and measurement is an ongoing process. You have to keep adapting to new threats and vulnerabilities. But if you do it right, you can actually see your cyber risk shrinking! Hooray!

    How to Develop a Cyber Incident Response Plan