‘Tis the season for better cyber hygiene: navigating IT risk management in 2024 | Mitratech Holdings, Inc

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[author: Lauren Burnside]

Prepare your organization to stay one step ahead in the ongoing battle against cyber and IT risk management.

As organizations increasingly leverage third-party services and cloud technologies, cybercriminals are becoming more adept at exploiting vulnerabilities, leading to a surge in cyberattacks. In fact, a study conducted by the University of Maryland found that a threat actor targets a business’s cybersecurity infrastructure every 39 seconds on average.

In response, regulatory bodies are tightening their grip, necessitating a proactive and transparent approach to IT risk management. But what does that approach look like, and how can companies stay compliant (and ready to answer any stakeholders’ questions)?

The landscape of cybersecurity & IT risk management regulation is shifting worldwide

Most regions have privacy and security laws in place (such as the EU’s GDPR, or the UK’s DPA, to name a few) for the purpose of shaping cybersecurity regulations. And with a rise of digital nomadism in the workforce and third-party reliance as new regulatory requirements emerge, keeping on top of these shifts — in every region where you operate…

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