Getting the greatest value from your cyber security budget at the end of the financial year

Again and again we remind our readers that information security is a business-critical issue for all organisations. Every study confirms that data breaches are increasing in scale, severity and likelihood, and can cost unprepared organisations millions of pounds – whether through regulatory fines, reputational damage and customer churn, or the costs of remediation and recovery. Exact figures necessarily vary depending on the sample group questioned for each study, but all agree on two self-evident truths: every business is equally at risk, and the cost of a data breach far outweighs the price of mitigation. This much is indisputable.

Closing the stable door of information security

When you do suffer an information security incident (and if you haven’t already, you will – it’s almost inevitable), part of the frantic scramble of your remediation efforts will involve implementing better security measures.

But is a data breach really your only impetus to improve your security? You wouldn’t wait for a burglary before installing locks and alarms, would you? So why wait for a cyber attack or data breach to force your hand?

To expand on the burglary analogy, an automated cyber attack is rather like a burglar being able to force the doors of all premises – including yours – that use a certain type of lock. From his home. Without anyone noticing. And then stealing all of your valuable data assets – including customer data, intellectual property and proprietary information, employees’ personal and payroll details, and more. And then, because they’ve done this, being able to do the same to all of your clients and everyone who visits your business premises. Again, without anyone noticing until it’s far too late. Granted, this isn’t really that much like a burglary at all – it’s much, much worse.

Put simply: if you don’t protect your computers, systems and networks, you’re putting yourself – and your clients, stakeholders, suppliers and staff – at risk.

What can you do to keep your business safe?

As the financial year creeps inexorably towards its close, you’re probably thinking about the best way of wringing every last drop of value from your budget. If you’re concerned about information security and how it affects your business, why not make the most of your available resources by implementing a best-practice information security management system (ISMS), based on the international standard ISO 27001?

An ISO 27001-compliant ISMS is a holistic approach to information security that covers everything in your organisation that might put you at risk – people, processes and technology. Accredited certification to the Standard is recognised the world over as the hallmark of best-practice information security, which is why thousands of organisations, including governments, require their supply chains to achieve ISO 27001 certification.

The good news is that it’s very likely you already have many of ISO 27001’s controls in place, so bringing your current practices into line with the Standard could well be within your grasp. The best way to determine how much work you need to carry out is to conduct a gap analysis.

End-of-financial-year offer

We are currently giving away a cyber security gap analysis tool to help you benchmark your organisation’s current information security posture against ISO 27001.

All you need to do is use the voucher code CYBER2016 at checkout when you spend £500 or more – or call our sales and account management team, quoting CYBER2016 when you spend £500 or more offline.

Click here for more information >>

What’s more, if you book a place on our next Live Online ISO27001 Certified ISMS Foundation training course – on 4 April – you’ll get 20% off.

Click here for more information >>