The importance of reviewing your company's cybersecurity strategy.

Having a cybersecurity strategy is an obligation for any company looking to minimize the risks of suffering a cyberattack that could compromise its information and tarnish the company's reputation. However, it should be regularly reviewed, and a good time to do so is upon returning from holidays.

September is the month when everything gets back into full swing after a considerable slowdown in activity during August, due to the holiday period. However, cybercriminals don't rest and are constantly developing much more sophisticated threats, as well as searching for security vulnerabilities that can compromise a system, in order to exploit them

Regularly reviewing a company's cybersecurity strategy is essential to ensure the absence of these security gaps. As we've mentioned, with the evolution of technology, new threats continue to emerge, and the security measures that were effective a year ago, for example, may no longer suffice.

Here are some of the reasons why it's important to review your company's cybersecurity strategy.

Key reasons for reviewing a cybersecurity strategy

Constantly evolving threats

The tactics and techniques used by cybercriminals are constantly evolving, leading to the emergence of new vulnerabilities, viruses, malware, and more sophisticated methods of attack. By conducting regular reviews of your cybersecurity strategy, you can identify these new threats and implement new security measures to address them.

Complying with data protection laws and privacy policies

Companies handle a large amount of sensitive data, including personal information of customers and employees. Reviewing your cybersecurity strategy will help ensure that your systems and IT infrastructure comply with current regulations and regulations, as these are also subject to constant review and updating.

Improvement of brand reputation and customer relationship

Security breaches can have a negative impact on a company's reputation. Customers provide their data because they trust that the company will keep it secure and that it takes the necessary measures to protect it. An up-to-date cybersecurity strategy minimizes the risk of data breaches and increases customer trust in your brand, thus improving the company-customer relationship and fostering loyalty.

Compliance with cybersecurity regulations established by law

Depending on the sector to which your company belongs, it will be subject to specific regulations regarding cybersecurity. These regulations may change over time with the evolution of technology or the sector. That's why reviewing the cybersecurity strategy ensures that your company is up to date with the latest regulations and complies with legal requirements. Failure to do so can lead to penalties or the closure of the company.

Implementation of new technologies or processes within the company

It's common for companies to adopt new technologies and processes to improve the effectiveness and efficiency of their business activities, but sometimes, it's not realized that these changes can also impact the cybersecurity of the company. That's why it's important to incorporate them into the cybersecurity strategy. The introduction of IoT, cloud computing, remote work, and other trends are good reasons to review that strategy.

Including incident response plans

No cybersecurity strategy is infallible, which is why it's important for it to include possible incident response plans. As we've already mentioned, the types of threats are constantly evolving, so it's important to review these plans to ensure they can respond to these new threats that may have arisen since the last update of the strategy.

Efficient cybersecurity investment

Cybersecurity strategies also serve to determine where you should invest in cybersecurity efficiently. Implementing all the available IT security solutions on the market is not a guarantee of anything if they are not suitable for your system. When you create a cybersecurity strategy, you identify security gaps and vulnerabilities in your system, and this is where you should invest in cybersecurity. Regularly reviewing the strategy allows you to identify areas for improvement and allocate resources appropriately.

Therefore, the continuous review of the cybersecurity strategy is essential to stay up to date with the evolution of threats, protect the information and reputation of the company, comply with regulations, and instill confidence in the customer.

"Don't have a cybersecurity strategy? Don't have enough resources for its review? At ESED, we can help.

At ESED, as cybersecurity specialists, we help companies from various sectors such as biotech, pharma, fintech, legal, food, etc., to keep their systems secure. To do this, we first conduct a security audit to assess the security level of a system. Depending on this, we decide on the best course of action in each case.

For example, we work with an ethical hacking solution that we've named ESED Attack. This involves launching controlled attacks to identify security gaps and vulnerabilities in a system, with the aim of finding the best cybersecurity solution and establishing an effective IT security policy.

Furthermore, we offer all kinds of cybersecurity solutions to tailor to the needs of each company.

To create an effective cybersecurity strategy, it's necessary to:

• Have a clear understanding of the industry and the processes that make up the business activity.

• Know the security level of the IT infrastructure.

• Identify system security gaps.

• Consider the type of company and the information and data it handles.

• Be aware of the regulations that must be complied with.

• If any incidents have occurred previously.

Do you need help with creating a cybersecurity strategy or implementing IT security solutions? Contact us by clicking on this link, and we will have an initial free meeting to understand your situation and discuss what we can do for your company.