4 Terrifying Stats that Highlight the Need for Stronger Business Network Security
How important is business network security in your organization? Here are a few stats to consider before answering that question. 1. New Malware is...
3 min read
Tony Pugielli : Oct 30, 2020 9:36:11 AM
A network security assessment helps you identify vulnerabilities in your security posture so you can better resist an attack.
Network security should be a top priority for any business, especially in today’s threat environment. With cyberattacks constantly evolving, the growth of remote work creating new cybersecurity challenges, and hackers taking advantage of any opportunity to exploit vulnerabilities, it’s more important than ever for businesses to understand how their network holds up against threats.
The numbers surrounding data breach costs are stark. On average, $17,700 is lost every minute due to phishing attacks alone. A single data breach costs an enterprise an average of $3.92 million, including everything from lost data to fines and lost worker hours. Lacking sufficient cybersecurity can also cost you even if your business isn’t attacked, due to ever-increasing governmental regulations. Last year, for example, Google had to pay $57 million in France for failure to comply with GDPR.
From these data points alone, it’s clear that properly investing in cybersecurity is a critical element of running a modern business. However, even if you fully understand the importance of cybersecurity, it can be hard to know where to begin. Network security assessments can help businesses identify their current security vulnerabilities and determine how to prioritize security spending to reduce the likelihood of a devastating cyberattack.
Network security assessments are essentially audits of your existing security measures. They are designed to find any vulnerabilities that could potentially be exploited to harm your business operations or expose sensitive information. If conducted properly, they should give you the insights you need to take targeted steps towards addressing those vulnerabilities and protecting your assets.
The basic purpose of a network security assessment is to keep your devices, network, and sensitive data protected from unauthorized access. To achieve this goal, the assessment works to:
There are two broad types of network security assessments, both of which are great ways to test the effectiveness of your existing network security defenses. These types are:
To conduct a network security assessment, organizations should follow the general steps below:
Conducting a thorough security risk assessment can help your organization stay protected against cyber threats. When it comes to effectively analyzing risks, it’s best to have a third-party evaluate your network to get an unbiased view of how a hacker would see your network.
A partnership with Turn-key Technologies, Inc. (TTI) is the perfect way to get those valuable insights from an outside perspective—and then get help in taking the appropriate actions to reduce risks. Reach out to the experts at TTI to learn how we can kickstart a long-lasting partnership with a network security assessment and help you strengthen your security posture from there.
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