A precursor to sound cybersecurity risk management is having a deep understanding of the overall threat landscape within the organization and the analytical tools to contextually anticipate and interpret risk in adherence to standards and frameworks.
Even with the unprecedented growth in threats, dealing with risks remains the same; sound risk management with systematic processes designed to assess then respond to the threat. Organizations need to have a full understanding of the nature of the risks and also of the practical tools, techniques and analytics that are available to address them. Increasingly, regulators and investors are expecting organizations to provide real-time information on any cyber exposures, which should also reflect the organization’s overall risk exposure and appetite. Cyber risk is not purely an IT matter, more so of corporate responsibility transcending the board and key roles.
Apvera Insight360™ is a next generation threat intelligence and risk mitigation platform that provides organizations with proactive identification of potential threat activity resulting from inadequate or failed internal processes, people and systems, or events. By understanding user behaviour and activity in relation to corporate policies and services, Apvera Insight360™ provides context and insight in real-time for any anomalous behavioural usage patterns that may be deemed a threat. Threats are proactively alerted for high-risk employees, events or systems and preventative measures implemented in real time ensuring compliance with corporate and regulatory policies.
A good risk management program should establish clear communications and situational awareness about near term and long-term cyber risks. This allows for risk decisions to be well informed, well considered, and made in the context of organizational objectives, such as opportunities to support the organization’s mission or seek business rewards. Risk management should take a broad view of risks across an organization to plan for appropriate resource allocation, improve risk mitigation, and highlight accountability. Ideally, operational cyber security risk management helps identify risks early and implement appropriate remediation to prevent incidents or limit their impact.
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