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Taking control of IT and cybersecurity is about mitigating business risk. Executive leaders need to TRUST BUT VERIFY when it comes to managing cybersecurity efforts. CEOs should evaluate the current situation, define business objectives, and require a plan of action. But how?
To effectively minimize your business cybersecurity risk, you need:
In short, executing technology decisions need to come from the C-suite.
So, how do you get there? Read on, intrepid leader.
Generally speaking, CEOs take an active role in how their companies manage their operational departments:
Except for one: Information Technology.
There are many reasons why this is the case. Essentially, it all boils down to communication:
The Great Language Divide - CEO speak vs. IT speak.
The Technology Alphabet Soup - IT often talks in technical jargon.
Avoid at All Cost - Business leaders tend to avoid technical conversations.
One Person Can’t Know Everything - Lack of knowledge about effective management of IT operations.
How to Measure Success - Little or no metrics in evaluating effectiveness.
This results in the IT tail making siloed technology decisions which only leads to one path: no visibility from leadership.
Aligning IT/Cybersecurity through meaningful discussions can be easier than you think.
An organization’s acceptable level of business risk should come down from the top. Too often, CEOs and business owners leave critical cybersecurity decisions to the IT technical staff. Rarely is there a business discussion at a high level to deal with current business risks due to cybercrime.
The conversation about cybersecurity should not devolve into a technical conversation. Instead, the discussion should be like other business functions such as accounting, sales, and marketing. For example, debits and credits would never be discussed in an annual budget meeting. The discussion should be on the strategic direction of the company.
IT security should have high-level strategic business goals dictated from the top. These should be implemented tactically by the company specialists.
Asking the right questions will elevate these planning meetings to a strategic business level.
3 Questions to Assess the Current Situation
2. Are our systems and software up to date and equipped to protect us?
3. Do we have a documented plan of action in case something happens?
3 Business Objectives
2. Prioritize the criticality of your business information.
3.Define acceptable liability to employees, vendors, and customers.
3 Next Steps
2.Security Incident Plan - Document policies and procedures in the event of an incident.
3. Roadmap for Improvement - Develop milestones and quarterly goals.
Typically, we hear the same horror stories from our clients about their ERP getting hacked unwittingly sometimes for very long periods of time without being detected. With the right methodology in place and a proactive approach your ERP can be secure from lurking threats and also increase your R.O.I.
The first step of taking back control is a Vulnerability Assessment performed by a trusted outside IT Provider like Reporting Central’s parent company Custom Information Services. Talk to a technology expert when you’re ready. Take a look here to get more information on a Vulnerability Assessment.
The post Trust But Verify - The Journey to Optimal Cybersecurity appeared first on ERP Software Blog.
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