Cybersecurity initiative planning demands more than technological understanding, it requires convincing stakeholders of the financial consequences of poorly managed cybersecurity. Clear communication can help secure necessary funding, showing how poor cyber risk management can result in financial losses from regulatory fines, data recovery expenses, and extortion payments. Grouping such losses into specific categories, like technology costs and business costs, can help communicate risk more effectively and gain stakeholder support for better cybersecurity strategies.
5 reasons why healthcare organizations need a SIEM tool
Cybersecurity Awareness Month promotes the increase of cyber security and the role Security Information and Event Management (SIEM) systems play in protecting against cyber threats.