How can you assess the value of a potential Cyber-Event?
Be a Bright Tech-Savvy Ostrich and consider the following:
What might the financial losses be from a cyber-event?
- There will be unlikely events that might have a limited effect on your business
- There will be likely events – that will have limited effect on your business
- There will be unlikely events that might have a critical effect on your business
- There will be likely events that might have a critical effect on your business
Where are you vulnerable or exposed?
If you suffered a Cyber Event how long would it take you to recover? (Remember that an issue that manifests itself now may have been on your system for months corrupting your back-ups and rendering them useless.)
Would you lose any business?
What fines or penalties might you face for GDPR or contract breaches?
What would be the cost of assistance from:
- Solicitors
- Accountants
- Crisis Management Teams
- Computer Systems Recovery Technicians
- Public relations specialists
- Forensic investigators