Tips for creating a cyber security risk assessment

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While most organizations have been conducting regular risk assessments in traditional areas for many years, cyber risk assessments are still in their infancy for many. Here Barry O’Donnell offers some tips to ensure that there are no gaps in your cyber risk assessments.

Most businesses will complete regular risk assessments as standard practice. They’re crucial to reducing the threat of financial or reputational loss and give you an overview of the high-risk areas you must address.

One type of risk analysis that is critical but sometimes overlooked is a cyber security risk assessment. In today’s digital-first world, it’s difficult to overstate the importance of analysing and addressing threats to your IT security. Making it a regular occurrence is also advised because cyber criminals are finding new angles all the time.

To address these threats, full and frequent cyber security audits are necessary to review:

  • Weaknesses in your business systems.
  • Outdated hardware or software.
  • The security awareness of your employees.

Here are the basic steps you need to take to…

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