Cyber-Risk Assessments is crucial to any organization - Tecbound Technology

Cyber-Risk Assessments is crucial to any organization

It may sound paranoid, but life is every day more technological, and it brings more cyber attacks.

According to the World Economic Forum Global Risks Report 2020, cyberattacks are ranked as the second risk of most significant concern for business globally over the next 10 years.

The blog says, “Cyberattacks on critical infrastructure – rated the fifth top risk in 2020 by the expert network – have become the new normal across sectors such as energy, healthcare and transportation”.

Cyberattacks continue growing

According AV-TEST Institute has identified an average of 12 million new malware each month for the last 12 months. And the research firm Cybersecurity Ventures estimates that ransomware attacks a business every 14 seconds and will cause global damage of $11.5 billion by the end of 2019.

Every day we can find news about how enterprises, governments and any business were cyberattack victims.

Make a cyber-risk assessment can not be a desire; it must be an assurance to business keep working. A cyber-risk assessment provides an informed overview of an organization’s cybersecurity posture and provides data for cybersecurity-related decisions. A well-managed assessment process prevents costly wastes of time, effort and resources and enables informed decision-making.

Please do not wait until it’s too late to take the decision and invest today in your cybersecurity.

Source: www.weforum.org

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