In the current global business scenario, every organization is familiar with digital technology at a certain level. Companies are trying to mitigate organizational risk events by securing network pathways. They are also striving to ensure the effective implementation of cybersecurity frameworks. It will help companies prevent potential data theft and network malfunction. Cyber risk management is a greater concern for modern companies, considering new technological avenues and business innovations. In one of their articles, The Chartered Governance Institute UK & Ireland shares how you can mitigate risk events more efficiently.
Factors of Risk Events You Should Keep in Mind
Cyber risk management falls under the category of information assurance (IA). There are several important cybersecurity factors that you should keep in mind:
Network securityAccessibility to authorized professionalsAccomplish the intended purposeIntegration with other department setups
Areas Information Assurance Covers
Information assurance is an effective digital discipline that integrates risk management and IT configuration. It improves your business framework by enhancing network security and eliminating possible risk events. Here is a list of areas information assurance covers:
Business integrityAsset availabilityAuthenticity of assetsNon-denial of transactionsNetwork and business confidentiality
How Information Assurance Reduces Risk Events
Several business risks can hamper overall business productivity, such as power failures, data inaccuracy, and thefts, to name a few. If your company is planning to introduce an expansive digital framework, the risk can increase significantly. Information assurance can help you tackle cyber and business-oriented risk events. Here is a list of controls that information assurance possesses:
Technical controlsPhysical controlsProcedural controlsPeople controlsLegal controls
It is the responsibility of every team member to familiarize themselves with the ongoing digital changes and discuss them with the team. Introducing information assurance into your business will balance your decision-making process and enterprise security.
Click on the link to read the original article: