Establishing a positive cybersecurity score
We all have a credit score (whether we like it or not). It’s valued based on our debts, spending habits, and habits – good or bad. Obviously, the better the score, the better we’re off when it comes to loans, credit cards, mortgages, and anything dealing with money.
In that vein, there’s another score to keep in mind: cybersecurity. While there’s no official score, exactly, not like you see with a “credit,” it’s absolutely a concept to consider. The higher the better. Essentially, it’s a way to gauge how well your business is prepared to defend itself against different threats. It comes from different traits, and how effective those traits are. We’ll get into them in this article.
Understanding the score
“Discovering” your cybersecurity score typically requires getting an assessment. Before you do, here are the reasons why it’s worth considering:
- Insurance and related costs, anyone working with a company and providing insurance for cybersecurity will take the score into consideration in order to build a risk profile (lower risk the better, of course)
- Reputation and partnerships are directly effected by cybersecurity scores, such as software vendors looking to work with businesses
- Creation of the risk profile which is a determining factor in relationships with businesses, companies, and clients
It’s essentially the same kind of thinking which goes into financial ones. For example, a good credit score equates to higher loans, cards, and a willingness for financial/bank organizations to work with you.
Establishing a good cybersecurity score
A few things can be done to help your current score, or improve your risk profile:
- Have a strong cybersecurity policy in place, including how you deal with threats, a backup-plan option, and established cybersecurity resources
- Onboarding expert staff and specialists intermixed with skilled IT workers capable of managing multiple situations
- Having a strong response time to cybersecurity threats and problems
- Working with third-party providers to assist with weaknesses in current IT infrastructure
Once these are taken care of, you can conduct an assessment to see where your score is. If you’d like assistance with helping your business cybersecurity score and/or assessment, contact Bytagig today for more information.