More complex horizons and greater risks create the need to take your cyber security to the next level. But it’s not just good for your business, it’ll give your customers and the supply chain greater confidence too.
We covered the most popular security standards in a recent blog. But, if you’ve already got the basics in place, why now get more strategic?
A cyber security strategy is your logical start point to up your cyber risk management game. It sets out a clear path to improve your cyber security posture over the medium to long term. It details scope, guiding principles, governance and resources.
What are the objectives?
Organisations that want to achieve cyber security excellence recognise that there’s more at stake. Similarly, they’ll probably have a customer base looking for more than evidence of recognised standards and schemes.
For commercial organisations holding customer data, the main objective of a cyber security strategy is to protect that data. Government suppliers may be working with highly sensitive or classified information. In these instances, demonstrating a superior level of cyber security to government, such as List X status, will be mandatory.
What’s in it for you – and your customers and stakeholders?
Developing a cyber security strategy helps you to make more informed decisions for your organisation. It will give you the tools to balance competing requirements and create the right level of protection. You’ll save time and money by avoiding confusion and duplication.
A clear strategy will inspire confidence with customers and stakeholders. They’ll see you giving cyber security the right level of importance and visibility. In pure commercial terms – it’s good for winning business. Therefore, a strategic approach to cyber security excellence stands a much greater chance of being considered a safe bet by customers.
How do you get there?
We’ve worked with organisations of all shapes and sizes over the years. We recognise that there isn’t a one size fits all solution to developing a cyber security strategy.
The process starts with a thorough and structured assessment of your cyber risks, identifying the priorities for your organisation. It will also ensure you deploy your precious resources to effectively and efficiently protect your most important information assets.
Proven principles and models
Ascentor uses well-known international cyber risk management principles to identify and prioritise risk. These can be tailored to suit any organisation and will help set a cyber security strategy with realistic goals. Our cyber security risk assessment and gap analysis is a four-step process to identify how near or far you are from your goals.
We are also familiar with all the relevant standards, schemes and models that may be mandatory or desirable to prove credentials and comply with contractual obligations. These include ISO 27001, PAS 1192-5, List X and List N and Cyber Essentials to name a few. In addition, we can advise on which will offer the most value to your organisation.
Gaining understanding and buy-in
As with any strategic initiative – it will only succeed with understanding and buy-in from your people. There are recognised processes in developing a cyber security strategy but they may not get engagement unless the rationale is understood.
Therefore, your teams also need to understand what cyber security means in your organisation or department. In addition, where the risks lie and how to start managing them. As we’ve often said over the years, people are the weakest link in cyber security. Human behaviour can play a considerable part in data compromise.
That’s why we have a structured approach for explaining cyber risk management through our workshops, firmly centred on providing business benefits to an organisation – find out more here.
For further information
For more details about our approach to building a cyber security strategy, please visit our cyber security excellence page.
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