Strategies to Strengthen Cyber Risk Posture

By: Publication details: New Delhi CyberMedia 2023Description: Vol 36 Issue 07 Pg 64-66Subject(s): In: PC QuestSummary: Cybercrime is driven by various factors, including the development of new methods and technologies, large amounts of personally identifiable information, and the sharing of data between unregulated digital gateways. Businesses must review their risk posture and evaluate their strategies to build a strong risk posture. Continuous Control Monitoring (CCM) and autonomous evidence collection can help organizations monitor risk effectively, detect anomalies, improve cybersecurity and compliance posture, and reduce audit costs by automating processes and testing controls. Organizations should foster a risk-aware culture through effective reporting tools, empowering everyone to report cyber threats. This culture supports risk strategy, compliance with regulations, financial performance, and market reputation, requiring collective awareness and behaviors.
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Article St. Francis Institute of Management and Research Available AR1047

Cybercrime is driven by various factors, including the development of new methods and technologies, large amounts of personally identifiable information, and the sharing of data between unregulated digital gateways. Businesses must review their risk posture and evaluate their strategies to build a strong risk posture. Continuous Control Monitoring (CCM) and autonomous evidence collection can help organizations monitor risk effectively, detect anomalies, improve cybersecurity and compliance posture, and reduce audit costs by automating processes and testing controls. Organizations should foster a risk-aware culture through effective reporting tools, empowering everyone to report cyber threats. This culture supports risk strategy, compliance with regulations, financial performance, and market reputation, requiring collective awareness and behaviors.

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