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Is your business cyber-resilient?
I recently came across findings from Accenture, revealing that while some businesses have gone that extra mile to ward off any potential cyber attacks, there are still many businesses with areas of weakness that could leave them vulnerable to such crimes.
And while you probably wouldn’t be surprised to learn that financial companies and governments have been and still remain prime targets for cybercriminals – we can’t help but wonder how many financial corporations truly are cyber-resilient.
Unsurprisingly, Deloitte announced that a staggering 78% of FTSE 100 companies declared cyber as a principal business risk. And while the idea of falling victim to cyber-crime really doesn’t bear thinking about, this is definitely an area that every business, regardless of size or type, needs to take into account moving forward.
Suggested security measures
I don’t need to tell you that if your company conducts any sort of business digitally, the threat of cyber-crime increases. I can, however, share some valuable information I recently compiled from cyber-security experts that may come in useful to you and your organization. Here are their recommendations:
1. Begin internally. Dcntral for example, claims that building an internal culture of cyber-resilience throughout the business is the best place to begin safeguarding an organisation.
2. Keep evolving. As more threats arise and evolve, so should an organisation’s security measures - from processes and technologies through to tools and so forth.
3. Act in real-time. Of course, companies need to be able to react fast to any threats that arise but also adjust as quickly as possible to put the right securities in place going forward.
4. Analytical reporting. Carrying out reports and ongoing research will help to boost your ability to pinpoint potentially suspicious activities online.
5. Invest in innovation. Some of the latest ground-breaking technologies are said to be helping financial businesses raise their level of security, these include AI and Blockchain.
6. React fast. Experts claim that the best attitude to take is that at some point, security will become compromised. Focusing on an action plan prior, during and after an incident takes place is said to help maximise your company’s resilience.
If like me, this is a subject that particularly interests you and you’d like to learn more about, there’s plenty more valuable information available on the Accenture website.
I have been working in recruitment for 17 years at various levels; during this time I have worked for large global recruitment firms as well as niche, high-end operations. The core of my experience…
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