What is Cyber Risk Management?

What is Cyber Risk Management?

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Cyber Risk Management: A Jumbled, Human-Sounding Take


Okay, so what IS cyber risk management anyway? Its not, like, rocket science (though sometimes it feels that way, right?). managed services new york city managed service new york Basically, its all about figuring out what bad stuff could happen to your computer systems, your data, and your entire online presence, and then putting plans in place to stop it, or at least, you know, minimize the damage.


Think of it like this: youre running a lemonade stand (a super advanced, digital lemonade stand!), and cyber risk management is you figuring out if someone could steal your lemons, hack your online ordering system (yes, even a lemonade stand needs one these days!), or, like, spread rumors that your lemonade gives people the hiccups. (The HORROR!).


Its not just about preventing attacks, though thats a HUGE part. managed service new york Its also about what happens after something goes wrong. Do you have a plan in place to restore your data? Do you know who to call? Can you, like, tell your customers that their information is safe (or, if its not, be upfront about it)?


A big part of it is identifying your assets – whats valuable to you? Is it customer data? check Is it your super-secret lemonade recipe?! managed service new york Is it bragging rights (lol)? Then, you gotta figure out the threats to those assets. managed it security services provider Hackers, viruses, accidental employee screw-ups (we all make mistakes!), even natural disasters!

What is Cyber Risk Management? managed services new york city - managed service new york

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(Imagine a lightning strike frying your lemonade stand computer!)


Then comes the fun part (sort of): figuring out how to protect yourself. This could be anything from installing antivirus software (duh!) to training employees on how to spot phishing emails (those are tricky!) to having a solid backup and disaster recovery plan.

What is Cyber Risk Management? - managed it security services provider

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managed it security services provider (A good firewall helps too). It's an ongoing process, not a one-time thing!

What is Cyber Risk Management? - managed service new york

    The bad guys are always coming up with new tricks, so you gotta stay ahead of the game.


    And honestly, its all about balance. You cant protect against every possible threat (it is impossible!), and you dont want to spend so much money on security that you cant actually run your business. Its about finding the right level of protection for your specific risks and your specific budget. It's a juggling act really.


    So, yeah, thats cyber risk management in a nutshell (a slightly dented, grammatically-challenged nutshell, but still a nutshell!)! Its important, its complex, and its something you absolutely need to think about, especially if your doing anything online these days.



    What is Cyber Risk Management? - managed service new york

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    What is Cyber Risk Management?