What Are The Benefits Of A Cybersecurity Risk Assessment/Audit?

Imagine you received an email that says your bank was compromised. And in that email, it tells the bank will deactivate it unless you send them your information to confirm the account is yours. You want to solve the issue quickly, so you send your information and wait for your bank to take care of…

Share

Imagine you received an email that says your bank was compromised. And in that email, it tells the bank will deactivate it unless you send them your information to confirm the account is yours. You want to solve the issue quickly, so you send your information and wait for your bank to take care of the rest. Little did you know that email now has all your data to access other personal information, which means you are at risk of being hacked. The worst part? It was someone pretending to pose as your bank. This trick is called a phishing email, and they are getting more deceptive every day. Often, it can be tricky to tell if an email is real or fake. 

If you don’t want something like this to happen to you and want to ensure your cybersecurity is in check, this is an excellent time to get a risk assessment for your business. 

What Is a Cybersecurity Risk Assessment? 

A risk assessment is a process where a team evaluates your current security systems and identifies anything odd that hackers could expose. Think of it like a digital check-up for your business’s health. Different types of risk assessments depend on your business’s needs, but at the end of the day, they all have one goal: to pinpoint threats and provide solutions. 

3 Benefits of Getting a Cybersecurity Risk Assessment

The most significant advantage of a risk assessment is that it allows your company to develop a clear IT-managed security plan. You will be prepared when a cyber attack happens, and it can help you respond to the problem quickly and effectively.

Another benefit of getting an evaluation is that it is easy for your cyber security team or specialist to eliminate those risks since they know what to look out for. When you work with an IT security team or specialist, they’ll help you identify your business’s vulnerabilities and take steps to eliminate those risks. Here are some of the things they can help your business with: 

  • Update computer software (anti-virus software, etc.) 
  • Set up a firewall on your computer (this blocks out untrusted wifi networks where you can easily get hacked) 
  • Add extra security to your passwords when logging in to your accounts. 

 

Lastly, the most crucial benefit is that it can keep your customers and employees safe and calm, knowing that their data is secured. After all, you want your customers and employees to be comfortable buying from you and working with you, right? Regularly updating your cybersecurity will help build trust and establish a positive reputation for your company in the long run.

How To Know If You’re Dealing With a Cyber Attack

Aside from the phishing email scenario above, here are a few more common security incidents to look out for:

  1. Phishing: Phishing is a tactic used by cybercriminals to trick individuals into providing sensitive information, such as login credentials or financial information. Phishing is often done through email, social media, or text messages.
  2. Ransomware: A type of malware that encrypts a victim’s files and demands payment in exchange for the decryption key. This can be a threat to businesses, as it can disrupt operations and lead to data loss.
  3. DDoS attacks: DDoS (Distributed Denial of Service) attacks are designed to overwhelm a website or network with traffic, making it inaccessible to legitimate users. This can be a significant problem for businesses that rely on their online presence to do business.
  4. Social engineering: A tactic used by cybercriminals to trick individuals into providing sensitive information or performing actions that benefit the attacker. 

How Do I Get a Cybersecurity Risk Assessment For My Business?

You’re probably thinking, “Okay, I get it; a risk assessment is important. But how do I go about getting one?” The good news is that many companies offer risk assessments. You can hire a third-party cybersecurity team to review your systems or work with your IT team. It’s also recommended to get a risk assessment regularly and depending on the situation of your business. For example, you can get an evaluation before you use new technology, after going through significant changes in your operations, or after a cyber attack. 

Overall, cybersecurity risk assessments are essential for all types of businesses, whether you’re a small team of five or a big corporation.  

The CORE Group: Solution to Your IT & Cybersecurity Needs

Are you looking to protect your company from cybersecurity threats and maintain the integrity of your operations? Do you need help figuring out where to start or how to perform an IT risk assessment/audit? Did you know you can rely on the team at The Core Group to manage your IT security?

Here at The Core Group, we provide IT consulting services to businesses of all sizes and across various industries, including healthcare, education, nonprofits, sales, and more. Our team will develop a roadmap based on your business needs, ensuring your business runs smoothly without IT interruptions. Contact us to schedule a consultation and learn more about how we can help your business stay on top of IT security in today’s digital landscape.

Share