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3 BitSight New Year's Resolutions

The countdown to your New Year Security Plan

As 2021 comes to a close, it seems that cybersecurity threats are only becoming more frequent and damaging. Developing a plan to reduce your organization’s risk in the new year is critical. Check out BitSight’s suggested New Years’ resolutions to jump-start your Cyber Security plans for 2022.

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Your Cyber Risk Quantification Resolution

“If you can’t measure it, you can’t improve it.” No one understands Peter Drucker’s famous adage better than business leaders. And, research has shown that cybersecurity performance has a direct impact on financial performance. So in 2022, make a resolution to effectively monitor and measure cyber risk in business terms by taking a financial perspective. Your business depends on it.

3 Ways your program will benefit from looking a risk in financial terms:

  • Decision-makers will see the company-wide impact of cyber security decisions
  • Security teams can better prioritize remediation to most detrimental risks
  • Optimize ROI without adding additional headcount or manual processes
     
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Here’s Insight into your SPM Resolution

No one can prevent 100% of cyberattacks - but you can take steps to minimize the risk. Understand your security posture down to each endpoint this year by:

  • Knowing how you stack up against the competition
  • Measuring your performance over time, not just at a moment in time
  • Continuously improve every day, not just when an issue arises
     
new year 1
 

Your Third-Party Risk Management Resolution

2022 will continue to showcase heavy organizational reliance on 3rd parties for more efficient business processes- make it your new year’s resolution to NOT let more vendors = more network risks. Evaluate your vendors using 3 key processes:

  • Get the facts up front: Include cybersecurity requirements and evaluations in your initial vendor screening
  • Don’t be fooled: Use evaluation data that take into account historical performance, not just current program status
  • Avoid treating every vendor the same: Set risk-thresholds dependent a third-party’s use case, to prioritize efforts on the most critical vendors in your network
     
happy new year

The countdown to your New Year Security Plan

As 2021 comes to a close, it seems that cybersecurity threats are only becoming more frequent and damaging. Developing a plan to reduce your organization’s risk in the new year is critical. Check out BitSight’s suggested New Years’ resolutions to jump-start your Cyber Security plans for 2022.

near years 3
 

Your Cyber Risk Quantification Resolution

“If you can’t measure it, you can’t improve it.” No one understands Peter Drucker’s famous adage better than business leaders. And, research has shown that cybersecurity performance has a direct impact on financial performance. So in 2022, make a resolution to effectively monitor and measure cyber risk in business terms by taking a financial perspective. Your business depends on it.

3 Ways your program will benefit from looking a risk in financial terms:

  • Decision-makers will see the company-wide impact of cyber security decisions
  • Security teams can better prioritize remediation to most detrimental risks
  • Optimize ROI without adding additional headcount or manual processes
     
new years 2
 

Here’s Insight into your SPM Resolution

No one can prevent 100% of cyberattacks - but you can take steps to minimize the risk. Understand your security posture down to each endpoint this year by:

  • Knowing how you stack up against the competition
  • Measuring your performance over time, not just at a moment in time
  • Continuously improve every day, not just when an issue arises
     
new year 1
 

Your Third-Party Risk Management Resolution

2022 will continue to showcase heavy organizational reliance on 3rd parties for more efficient business processes- make it your new year’s resolution to NOT let more vendors = more network risks. Evaluate your vendors using 3 key processes:

  • Get the facts up front: Include cybersecurity requirements and evaluations in your initial vendor screening
  • Don’t be fooled: Use evaluation data that take into account historical performance, not just current program status
  • Avoid treating every vendor the same: Set risk-thresholds dependent a third-party’s use case, to prioritize efforts on the most critical vendors in your network
     
happy new year