In today's digital world, the amount of data organisations collect, store and transmit, is larger than ever. Therefore, it is crucial for each organisaion to create a good layer of cyber security to protect exactly those data as well as the organisation itself. However, having a functional cyber security management system in place to ensure that this information is protected against unauthorised access, theft, or compromise is not enough anymore these days. There are several factors, which require an organisation to have a proof of their cyber security level, such as:
There are different reasons why your customers may demand proof of suitable cyber security measures from an organisation. Therefore, building this proof to maintain the customer’s trust and loyalty is crucial. A high-profile cyber attack or data breach can damage an organization's reputation and destroy the customer’s trust. With a certification, organisations may prove to their customers that their information is being protected and help maintain their trust and loyalty.
Legal demand and requirements:
There are several industries and jurisdictions that have specific legal requirements related to information security. A provable level of cyber security can help organizations to meet these requirements and avoid legal and financial penalties for non-compliance.
Avoiding financial losses:
One of the big risks for organisations nowadays are cyber attacks, which may lead to significant financial losses. Good cyber security measures can help prevent these losses by reducing the likelihood of successful cyber attacks, or simply by limiting the damage caused by one of those attacks.
The effects of a successful cyber attack can be enorm for the organization's operations, resulting in i.e. downtime, lost productivity, and revenue losses. Provable cyber security measures may help to ensure that critical business functions can continue in the event of an attack or other security incident.