Increasing networking between companies, departments, subsidiaries, customers and business partners has significantly increased the attack surface for cybercriminals. With automated security monitoring of the company-wide IT infrastructure, you can effortlessly keep the situation under control - and stay one step ahead of potential attackers.
Increasingly sophisticated, automated cyberattacks are driving up the resource and cost expenditures for IT security. This makes it all the more important for IT managers to be able to prove the effectiveness and profitability of their investments in attack prevention. This requires that they are able to efficiently assess the company-wide IT security status and communicate the result to the management level in a comprehensible manner.
There is more than enough analyzable data. The challenge is to identify the possible vulnerabilities in the shortest possible time, classify them according to criticality, prioritize them and put them into a clear report format.
The most efficient way to manage this is with a fully automated, KPI-based IT risk analysis. This allows you to effortlessly keep an eye on company-wide IT security, including that of your business partners, and to demonstrably meet IT compliance requirements.
In addition, the analysis results can be exported as a management report with a single click and presented to the company's management in a clear manner: from the current day's security situation, to the historical course documenting the success of security measures, to the competitive comparison. In this way, management can see at any time how IT security contributes to risk reduction for the entire company.
Rely on systematic control. IT risk monitoring provides you with daily security analyses based on valid, traceable key figures. This allows you to monitor all systems without additional effort, identify critical areas and immediately assign the results to the respective responsible parties for remediation. The continuous recording shows you changes in the external IT security situation in real time and helps to minimize the cyber risk permanently.
The cybersecurity landscape is permanently changing. In 2020, the number of vulnerabilities identified doubled from the previous year. On average, 45 new vulnerabilities are added every day. To keep pace, regular audits are essential.
It's always worth taking a look at the industry benchmark, which ranks your IT security situation in comparison to similar companies. You can see where you stand and how others prioritize their security activities. The results can help you improve your own strategy and remain competitive.
According to Siemens, 60 percent of cyberattacks are related to corporate supply chains. A recent example is the SolarWinds attack, which has become one of the most prominent supply chain hacks and is expected to drive the number higher. Even companies with strong security controls are having trouble monitoring the risks posed by third-party companies at an adequate level. This is largely due to a lack of real-time information. Traditional methods of assessing third-party risk, such as questionnaires, provide only subjective insight that can hardly be validated and is fixed in time. In view of the IT security situation, which changes daily, this is by no means sufficient.
The most efficient way to continuously monitor third-party risk is through automated security assessments. They provide transparency and enable agreed IT security standards to be monitored end-to-end. Another plus: Thanks to KPI-based measurements, new partners can be examined for their security level even before the contract is signed.
Enable management and stakeholders to get a quick overview of their organization's IT security posture and ecosystem. Automated IT security analyses do a great job here. They deliver descriptive reports at the click of a mouse, in the exact context that is understandable to the respective stakeholder group. This means that everyone is in the picture and can use the data to derive the necessary decisions for the best possible IT security in a resource- and cost-efficient manner.
Identify and reduce your cyber risks through a comparable and understandable overview of your IT security. Let our experts advise you and find out how LocateRisk can help you solve your cyber risks.
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