The Importance of a Cyber Exposure Management Strategy
Cyber Exposure Management Strategy
As organizations face an ever-expanding digital world, the need for effective attack surface management is becoming increasingly critical. A successful Cyber exposure management program considers vulnerability prioritization and remediation, mitigating controls, asset inventory as well as detection and response capabilities.
cyber exposure management programs rely on penetration testing and data from publicly available vulnerability databases to identify potential vulnerabilities and prioritize them. They also use threat intelligence and other methods to identify security gaps that may be used by hackers.
However, these strategies are not always effective and can actually increase the risk of a cyberattack or data breach. By combining a traditional vulnerability management solution with a cyber exposure management strategy, organizations can ensure that they are addressing all risks that could have an impact on their cybersecurity and their business operations.
The Importance of a Cyber Exposure Management Strategy
A Cyber VRM program can help organizations understand and manage their third-party vendors, as they often are a point of compromise in an organization’s cyber defenses. By leveraging data from data leak detection, security ratings, and security questionnaires, organizations can better understand their vendors’ cybersecurity posture.
By analyzing each vendor’s risk exposure and tiering them based on their importance to the organization, executives and managers can more accurately assess whether it is worth putting their company’s sensitive data with that particular vendor. This can help them make the best decision about how to proceed and if they should consider changing their relationship with that vendor.
Vendor tiering can be a complex and time-consuming process for organizations, but using a Vendor Risk Management solution can be an easy and efficient way to address this challenge. Typically, vendors are ranked based on their risk exposure and how important they are to an organization’s cyber security and business operations. This helps executives, managers, and stakeholders weigh the importance of each vendor and their cybersecurity practices.
The best Cyber VRM solutions allow organizations to create a risk appetite (a predetermined level of acceptable risk) for each vendor, and then rank them based on their risks. Once an organization has created its risk appetite, they can implement a risk management strategy to address the identified risks.
This is the most important part of a Cyber VRM strategy, and it is critical to ensuring that you are addressing all of your vendors’ cybersecurity vulnerabilities. A strong Cyber VRM solution will not only help you identify the highest-risk vendors but also monitor them for any changes that might be affecting your overall cyber security.
Exposure is a collection of all vulnerabilities and risks connected to an organization’s network, systems, applications, and data. Understanding cyber exposure gives organizations a comprehensive view of the threats that are most likely to cause problems, and it allows them to determine the steps they need to take to protect their most valuable assets.
A Cyber exposure management solution is a must for any organization, especially if it wants to keep its data secure. This can help businesses avoid costly breaches and minimize the effects of a cybersecurity incident. The average cost of a cyberattack exceeds $1.1 million, which can have a significant impact on a business.