What is a Cybersecurity Risk Assessment?

A cybersecurity risk assessment allows Blade to help identify the vulnerabilities of your sensitive data. During this assessment, we can also provide guidance on how to mitigate future security risks.

Our team of IT experts will work with you to evaluate your risks, identify threats, and install security controls. This will assist with mitigating your business’s cybersecurity threats and managing risks.


How Do You Measure Your Risk Level?

All businesses that possess sensitive information are at risk of cyber threats and cyber-attacks. A business’s level of risk can vary depending on the processes in place.

Blade can help you determine the risk level of your business and assist with continually monitoring for new threats.


What is Included in a Cybersecurity Risk Assessment?

Blade’s IT professionals start the risk assessment by asking questions about your business. This is so we better understand your model, vulnerabilities, and current training processes.

These questions may include:

  • What is the nature of your business?
  • What is your biggest security concern?
  • Are there any obvious vulnerabilities?
  • Have your employees gone through security risk training?

Understanding your people, processes, and technology, allows our team to conduct a thorough risk assessment tailored to your business’s needs.

We also utilize tools to scan and continually monitor hidden risk factors. This helps ensure our clients can trust us to identify risks that could negatively impact their business.

Benefits of a Cyber Risk Assessment

A cyber risk assessment gives you insights into your business’s technology solutions and security posture.

A risk assessment also provides:

  • Information regarding your industry’s regulations and your system’s compliance
  • Recommendations on how to improve your security posture
  • A full overview of your business’s vulnerabilities and potential security threats
  • A report documenting your system’s performance and security


How Often Should I Have my Cyber Risks Assessed?

Assessing your cybersecurity risks should be an ongoing task as your business can be targeted at any moment.

Once targeted by a cyber attacker, it can be difficult and expensive to get back to business as usual. Cyber-attacks that result in data breaches cost an average of $9.44 million in 2022.

Continually monitoring your technology’s environment can help you identify potential threats and can even reduce the impact of the attack.

What Industries are Most at Risk?

Understanding your vulnerability is essential to protecting your business, and Blade can assist.

Businesses that house critical assets on information systems, and those subject to regulatory compliance have a lower tolerance for risk. Businesses subject to HIPPA, SCC, and other regulations have an increased level of risk. These high-risk businesses cannot afford a breach, which makes a strong risk management strategy vital.

Industries, company size, and regulations all factor into how your business approaches cybersecurity risk management.





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