Camila Navarro

5 Essential Cybersecurity Risk Assessment Tools

July 16, 2021,

Blogs

5 Essential Cybersecurity Risk Assessment Tools

Risk assessment tools are essential for identifying potential cybersecurity risks to your company. With so many options on the market, finding the best solution for your company can be difficult.

We have compiled a list of five important risk assessment tools that we believe every business should consider using to assess their current security and vulnerabilities.

Security Assessments

This risk assessment tool provides various services, from web and mobile app penetration testing to vulnerability scanning. Security assessments are driven by data and provide a more objective view of where the organization stands with its current security system.

These ratings provide valuable insight into an organization’s security performance and can be used to create an improvement plan.

Security Awareness Training

Cybersecurity risk assessment tools are not only about the technology. They also address human factors that play into cybersecurity risks. This is where security awareness training comes in handy. This tool provides training sessions on cybersecurity topics such as data protection and privacy policies to employees to understand how their actions affect company information systems.

Once these programs have been implemented, companies report significant changes in employee behavior over time, which benefits both the business and its customers by creating safer environments for transactions.

Risk Assessment

Risk assessments identify different threats that may have an impact on your company’s operations, typically including (but not limited to) business interruption or loss of customer data.

It is also an excellent way to identify which assets in your company are most at risk.

Vulnerability Assessment

Vulnerability assessments identify system vulnerabilities, from software bugs and configuration errors to physical access points.

These assessments can also be organized by asset or threat vector type, making it easier for you to prioritize what needs addressing first. Any vulnerabilities identified during this cybersecurity risk assessment tool must be acted on as soon as possible – once they are exploited maliciously, the damage will already have been done.

This cybersecurity risk assessment tool provides detailed information about network infrastructures design issues – such as external threats and data leakage vulnerabilities – so businesses can anticipate potential problems before they happen.

Cybersecurity Insurance

Cybersecurity insurance is important for mitigating the financial risks associated with cyber-attacks. It can cover such things as damage to property, liability claims against you by third parties in connection with Data Breach Notification Laws, regulatory fines for noncompliance, and more.

Because cybersecurity is a fast-evolving, high-risk industry, it is important to stay up-to-date and proactively manage security risks as they happen.