From store sensors at your local business, to bouncers at a new club, every company wants quality security – including those in the digital world.
Major companies have experienced data breaches which can cost organisations upwards of $6 million. The imminent threat of breaches to core and confidential organisational information has caused an uproar resulting in a massive security overhaul. Companies are pouring money into every new security feature; however, some have very little understanding of what the security can actually accomplish for the organisation.
Government departments are also working towards heightened cyber security and have set up programs to assist organisations in developing quality security systems (UK version). While organisations can benefit from purchasing a high-end security software, managers must understand that a large portion of breaches occur from the inside of the organisation.
Your biggest asset is also your largest risk
Many studies have shown that employees pose a greater risk than invaders from outside the organisation. Employee negligence is a major cause of breaches in security and can cost the organisation financially. One wrong click can cost millions and the following are just some of the ways that breaches can occur from inside the organisation:
Most organisations utilise technology to store valuable information and it is important to take necessary steps to ensure proper cyber security.
Tracking risk: there's an app for that
Since employees present the highest risk of breach, many organisations have opted for an employee risk management system. These systems monitor and analyse employee behaviour online for potential risks to security. These activities include email behaviour, file sharing, keyword logging, printing, internet activity and cloud computing.
Once various online behaviours are measured and analysed, the risk management system assigns the employee with a risk score so that managers can assess the organisation's security status.
If an employee or contractor is given a high-risk score, a manager can choose to educate the employee on the proper handling of sensitive information, or the manager can choose to restrict access to key organisational information. A management system, such as PowerHouse Hub, offers managers a way to restrict certain access, monitor employees and keep better control over key information.
Reactive vs proactive
A key reason why many organisations have fallen victim to cyber attackers is the fact that organisations approach cyber security in a reactive way. Hackers are extremely innovative and work tirelessly to gain access to information through the smallest opening. Many organisations view cyber security as something that must be implemented once threats start proving a possibility; however, managers should stop thinking reactively to security and start becoming proactive.
You don’t wait for someone to break into your house before you start locking your door, so you should think the same way with your online security. One way to do this is to work with the government to access key cyber security resources. Managers should also collaborate with other key businesses in the industry to keep out security threats.
Key leaders in the banking industry, for example, meet with designated cyber intelligence teams to share experiences and insights on how to prevent cyber security threats.
Meeting with government officials as well as large industry leaders can improve cyber security against outside invaders; however, to create a more secure organisation from the inside, managers should look to security education.
Security with a side of education
A lack of training causes employees to become unaware and dangerous, creating a self-fulfilling prophecy of security threats. To prevent this, managers should turn to education as a proactive solution.
Training employees on cyber security helps improve engagement, awareness and overall performance of security. Training programs also quantify security skills and allow managers to easily monitor the improvement of risk. Our team at Mediasphere has developed a course on cyber security and ways to implement it within an organisation. Managers can license this course through our Course Library, or can collaborate with our content development team to develop a course customised for your team.
- Head, B. (2017). Australian businesses need to up their game in cyber security. Computer Weekly. Retrieved from http://www.computerweekly.com/news/450431446/Australian-businesses-need-to-up-their-game-in-cyber-security
- Kohen, I. (2017). Employee Risk Scores Matter: Why It's Important to Train Team Members to Protect Company Data. Training Industry. Retrieved from https://trainingindustry.com/articles/compliance/employee-risk-scores-matter-why-its-important-to-train-team-members-to-protect-company-data/