Cyber Risk Management

Read the latest whitepaper on Whitepapers Online titled "Cyber Risk Management" With the digital boom, many companies and organizations heavily depend on IT systems. Heaps of data is taking centre stage as one of the most valuable commodity. However, the downside of IT dependency is cybercrime. The Identity Theft Resource Center announced in the year 2017, that the world witnessed most cybercrimes during that year as compared to any other. The data breaches compromised more than 174 million records. The numbers indicate a rise of 45% increase in the amount of breaches since the year 2016. This trend is expected to continue in the year 2018 as well. According to a research conducted by Global Cyber Risk Perception Survey on February 2018 shows that 65% executives felt that cyber risk was one of the top 5 risks affecting businesses today. That is where this whitepaper comes into the picture. The report provides useful insights about keeping cyber risks at bay. It also informs you about how to protect digital assets at bay from such cyber threats.

Global Data Protection Regulation

Global Data Protection Regulation or GDPR was initiated by the European Union (EU) and can be called one of the most significant changes on data privacy regulation. The GDPR was designed with an aim to harmonize data privacy laws across Europe in order to protect its citizens. Hence it is important to make sure that you follow the GDPR laws. This includes ensuring that every entity processes personal data that is safeguarded against loss, theft, unauthorized access etc.

Addressing Cyber Risk Management in GDPR manner

GDPR will help businesses raise their bar for cybersecurity controls. Along with this it is important for organizations to conduct risk assessment in order to understand the cybersecurity risks to organizational operations. This assessment should cover an organization’s entire IT environment.

Key Factors of Cyber Attack

Organizations need to conduct a thorough research about the type of attacks that exist. The different types of attacks that usually exist are web based attacks, web application attacks and more. Using Bitdefender can help provide different tools and approaches that can help reduce the risk of cyberattack at each phase.

How to Keep Cyber Attacks at Bay

A layered next-generation defence architecture can help organizations keep cyber-attacks at bay. You can group the mechanisms into several categories namely prevention, detection, investigation and response, report and continuous feedback. This report gives you a detailed information about how to keep cyber attacks at bay.

Key Takeaways from 'Cyber Risk Management'

  • What are the key vectors of a cyber attack
  • How organizations can keep the risks of cyber attacks at bay
  • What are Global Data Protection Regulations (GDPR)
  • How businesses can address cyber risk management with GDPR
  • How companies can employ the Patch Management Module

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