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December 6, 2019

Best of Cyber Month 2019

Cybersecurity

Threats to information security remain top of mind for many organizations today. At industry risk management conferences this fall, we asked attendees about their greatest area of risk and more than 72% of respondents said the same thing: Data and cybersecurity.

Fortunately, there’s a lot of good, recent information available that can help your organization improve its information security efforts. Cybersecurity is a threat for everyone, and to help educate about the issues that affect our sensitive data, the Department of Homeland Security designated October as National Cybersecurity Awareness Month.

Below are a few highlights of National Cybersecurity Awareness Month coverage that can help you well into 2020.

Cyber Risk Assessment

Do you know how prepared you are to secure your data from unauthorized access? A formal information security assessment may be warranted, but how do you know if the expense is something your organization should be taking on? The following tool can give you an idea of where your approach to cybersecurity stands, including areas where more attention may be needed. Take the two-minute quick assessment here.

Improving Your Information Security Strategy

Unauthorized users may be able to turn your organization’s sensitive data into dollars. To help prevent that from happening, it may be time to make some upgrades to your current information security strategy. The right upgrades often come down to understanding four elements:

  • Business trends that pose information security risks.
  • The form of information security threats.
  • Tools you need to address risks.
  • How to get started.

Learn more about how you can put each of these elements into action to make your information strategy stronger in this article.

Lessons Learned from Other Cyber Attacks

Real life scenarios show us how disastrous information security breaches can be for an organization. The aftermath can also leave behind some valuable lessons for everyone else. First, no organization type is immune to cyber-attacks, as indicated by these incidents involving entity types ranging from medical collection agencies to city governments. Second, the manner of attack and the aftermath provide some guidance for preventive steps that can be put into practice for your organization. Read more about our takeaways from 2019’s biggest information security incidents here.

How Organizations are Effectively Reducing Data Security Risks

Professional service organizations, including law firms and financial services groups are frequent targets for information security breaches because they hold “rich” customer data. Many are turning to Systems and Organization Controls (SOC) reports to help them manage their data security risks. This webinar provides some tips on best practices for information security management for professional services organizations and how SOC reports help to manage this key area of risk.

View the recording of our webinar here.

Transitioning Your Information Security Approach

You can have a secure information security environment for your core operations but unknowingly take on information security risk(s) during a complex transaction. The threats to sensitive data are changing the landscape of M&A for both potential buyers and potential sellers. On the buy-side, companies will want to be doing some IT due diligence in additional to their financial reviews of a target. On the sell-side, companies looking to exit will want to verify their control environment isn’t off-putting to strategic buyers. Learn more about how to ensure you have an information security strategy equipped for your business transition by reading this article.

For More Information

If you have any comments, questions, or concerns about how to improve your cybersecurity strategy, contact a member of our team.

2019 Individual Tax Planning Supplement

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