What happened?
New research from Marsh McLennan has assessed the effectiveness of key cybersecurity controls to determine which ones are most effective in reducing cyber threats
What does it mean for risk managers?
The research gives risk managers data that can help them more effectively direct cybersecurity investments within their organisation.
Improving their cyber risk protection can also help favourably position the company during the cyber insurance underwriting process, reducing premiums.
Key controls to consider
The research found that automated hardening techniques have the greatest ability of any control studied to decrease the likelihood of a successful cyberattack, by a considerable margin.
Automated hardening applies baseline security configurations to system components like servers and operating systems. Organisations with these techniques in place are nearly six times less likely to have a cyber incident than those that do not.
The analysis also shows that multifactor authentication (MFA), a staple among cybersecurity tools and recommendations, only works when it is in place for all critical and sensitive data, for all remote login access, and for…
