Risk Assessment

December 2020 - Security

(view our updated risk assessment info)

Product Brief


It is absolutely imperative that businesses routinely review the security status of their IT network and data systems to determine their risk. As COVID-19 continues to alter workspaces and technology habits, these changes will require constant risk assessments to keep up with the introduction of new threats.

Imagine dealing with a ransom demand not only sent to your business, but to your customers as well. That sounds like an absolute nightmare. Without proper data security measures, this can very well be a reality for any organization that utilizes data to conduct business.

Nearly every business that is connected electronically needs a cybersecurity strategy. Although technology may seem advanced and impenetrable, it comes with its own set of weaknesses and needs to be protected.

Routine security checks should be conducted regularly, especially with 3rd party vendors. Your business is 100% responsible for managing all security-related risks.

As companies grow and acquire new talent, it is not surprising that access management is a difficult thing to keep tabs on. New software contracts, 3rd-party services, and other systems may also come and go, resulting in a muddy pool of credentials and suspicious activity.

By conducting regular risk assessments, businesses can recognize any unauthorized account access to keep information secure and mitigate threats.

Having a thorough understanding of your organization’s data and information assets will make your business more efficient, secure, and ultimately help you sleep better at night.

If left to the mercy of a cybercriminal, would your business security protocols withstand the fight?

Hopefully, the answer is yes.

Although it might seem that financial information would be the most sought-after type of data, health records have actually been the top target for years. Health records are more complete in nature, with higher amounts of PII than your average social security number or bank statement can provide. In fact, they usually contain everything a hacker needs to inflict the most damage.

With all this financial information floating around on the internet, something is bound to happen. Don’t just conduct business– conduct secure transactions.

Although abundant, it is pretty obvious that data needs to be protected. An increase in data means an increase of information and a reliance on technology to house it all. Without a robust cybersecurity solution, data will continue to increase and become less protected as time goes on. Don’t play catch-up. Protect your data today.

Cybersecurity incidents have lasting effects that leave a trail of damage. If your business faced a network threat, would you be able to function with just a pen and paper? How much would that cost you? Would your business be able to bounce back?

If you are a CEO, do you know the current state of your company’s cybersecurity?

With a cyberattack happening every 39 seconds, waiting until after an incident happens is not the time to consider an improved security strategy. Conducting regular risk assessments can help you identify areas of weakness to start you on a path towards increased control.