You Can’t Hide Your Company’s High Cyber Security Risk Level Anymore

Until a few years ago, if your company’s cyber security risk was high, the worst thing that might happen was an annoying computer virus might cause your computer to run slowly until you removed it. 

Over the past several years that “worst case scenario” of having a high cyber security risk has changed drastically. 

Now hackers can: 

• Take your whole company down
• Hold your information for ransom 
• Steal all the money in your bank account
• Steal all the money in your employees’ 401(k) savings accounts

It sounds pretty bad, right? 

Here’s the latest twist: Now your high cyber security risk could also:

• Prevent your company from getting a bank loan
• Cause you to miss out on a big new sale 
• Increase your insurance rates
• Cause your customers to be defrauded of millions of dollars, which would ruin your reputation with them

Your Cyber Security Risk Is Showing

We’ve seen this happen to companies who were with other IT service providers and not taking recommended precautions. Companies have a right to be cautious when choosing the vendors they work with. 

Just like your personal credit score or your company’s Dun and Bradstreet rating, new “cyber security ratings” or “cyber security scores” are available. These cyber risk ratings don’t let any company hide. The amount of information that is on the internet about your company is being scraped by these companies to create some very real and accurate ratings. So what is taken into account for a cyber security rating or score?

How Your Cyber Security Score Is Calculated

External surveillance of a company’s security practices are evaluated based on:

• Network Security
• DNS Health
• Patching Cadence
• Endpoint Security
• IP Reputation
• Web Application Security
• Cubit Score
• Hacker Chatter
• Leaked Credentials
• Social Engineering

What’s Your Company’s Cyber Security Risk and Score?

While you may not know, the companies you do business with may have already examined your cyber security risks and practices.

Cyber security scores are readily available using legal surveillance and publicly available information. They can use this score as an indication of your suitability as a vendor, partner or borrower.

If your baseline score isn’t where you would like it to be, we can help you formulate a plan for increasing your cyber security.