Cyber-attacks have been in the news a lot recently. From the Colonial Pipeline ransom to the Florida water system, it seems as though cybercriminals are getting bigger, bolder, and more prolific. But that doesn’t mean they’re leaving small businesses alone.
In 2020, small businesses made up 28% of the total number of breaches that occurred. When it comes to the size and status of a business, cybercriminals don’t discriminate.
This is why, if you haven’t already, it might be time to order a cyber threat analysis for your business. Read on to learn exactly what this entails and how it can help your business.
What Is a Cyber Threat Analysis?
A cyber threat analysis is a process that takes a holistic look at the relative cybersecurity of a business or organization. It then makes recommendations about how this security could be improved based on its findings.
There many different components to a cyber threat analysis. When carried out correctly it can help to identify major security flaws and help to prevent cyber attacks.
Components of a Cyber Threat Analysis
In order for it to be as effective as possible, there are a few main components a cyber threat analysis should have.
First, information about actual and potential cyber threats against the business must be collected. In this stage, the party performing the analysis will identify any attempted attacks—phishing, DDOS, malicious links, etc—that have been perpetrated against the business.
Next, the analyst will assess the vulnerability of the business against these risks. What kind of security measures do you have in place? How well trained are members of your staff?
Finally, the cyber threat analyst will use the information they have gathered to make recommendations about how these risks can be mitigated and you can avoid attacks in the future.
It should be noted that a cyber threat analysis will have the greatest efficacy when used in conjunction with a broader digital security strategy. For example, see this one from pics-itech.com
Benefits of a Cyber Threat Analysis
A cyber threat analysis can be of benefit to any business—big or small—looking to mitigate risk and improve their overall cybersecurity capabilities.
It can help to defend against cyberattacks and prevent data leaks. This, in turn, allows your business to avoid losing large amounts of money and damaging its reputation irreparably.
Overall, any cost involved in undertaking a cyber threat analysis is greatly outweighed by the threats it can mitigate for your business.
Consider Conducting a Cyber Threat Analysis Today
If you would like to make your business more impervious to cyber attacks, there are several steps you can take. One of the first things you can and should do is to carry out a cyber threat analysis. By finding out where your vulnerabilities lie, you’ll be better able to protect yourself in the future.
We hope you’ve found this guide useful. If you’d like to learn more about cyber threats and security, check out our technology section.