We see many new clients that have to deal with cybersecurity breaches and/or issues of non-compliance with security standards. Today, I was reading about CEO’s concerns over cybersecurity may be the “biggest Threat to the world’s economy.” I believe they are correct. CNBC article: Cybersecurity is the biggest threat to the world economy over the next decade, CEOs say

Unforunately, many firms still have not realized the benefits of CyberSecurity Standards. These standards are not a fullproof remedy for breaches; however, it is the best defense for companies to protect themselves. To summarize, companies need to consider standards and procedures for:

• Asset Management
• Business Environment
• Governance
• Risk Assessment
• Risk Management Strategy
• Supply Chain Risk Management
• Identity Management, Authentication and Access Control
• Awareness and Training
• Data Security
• Information Protection Processes and Procedures
• Maintenance
• Protective Technology
• Anomalies and Events
• Security Continuous Monitoring
• Detection Processes
• Response & Analysis
• Mitigation
• Improvements
• Recovery Planning
• Improvements
• Communications

Paul Scott, CEO Ascension