When it comes to cybersecurity, businesses need to be proactive in order to protect their confidential data. One way to do this is by completing a cybersecurity risk assessment on a regular basis.

In this blog post, we will discuss what a cybersecurity risk assessment is and the benefits of having one completed. We will also talk about how often these assessments should be done and how businesses can partner with IT professionals to improve their cybersecurity posture.

What is a Cybersecurity Risk Assessment?

A cybersecurity risk assessment is a process for identifying, analyzing, and prioritizing cybersecurity risks. A cybersecurity risk assessment aims to help businesses understand the threats they face and the potential impact of those threats.

Benefits of Having a Cybersecurity Risk Assessment Completed

There are several benefits to having a cybersecurity risk assessment completed. An evaluation helps businesses to:

  • Identify cybersecurity risks
  • Understand the potential impact of cybersecurity threats
  • Prioritize cybersecurity risks
  • Develop a cybersecurity plan

Additionally, cybersecurity risk assessments can help businesses save money by identifying dangers early on and preventing them from becoming more costly problems.

How Often Should Cybersecurity Risk Assessments be Completed?

Cybersecurity risk assessments should be completed regularly, at least once a year. However, businesses should consider undergoing more frequent inspections if they experience significant changes, such as a merger or acquisition.

Additionally, businesses should consider completing cybersecurity risk assessments more often if they face high cybersecurity risks. For example, companies that store sensitive data or are subject to regulations, such as the Health Insurance Portability and Accountability Act (HIPAA), may need to complete cybersecurity risk assessments more frequently.

Completing a cybersecurity risk assessment is an essential step in protecting your business from cybersecurity threats. However, it is only one part of a comprehensive cybersecurity strategy. Businesses should also partner with professional cybersecurity professionals to improve their cybersecurity posture.

Partner with Cybersecurity Experts

Businesses can partner with professional cybersecurity firms to assist with cybersecurity risk assessments and improve their cybersecurity posture. These firms can help companies identify cybersecurity risks, understand the potential impact of those risks, and develop a plan to mitigate those risks.

When you take this route, you can also be sure that your business is secured from the most common types of attacks that companies in your industry face.

For example, if you work for a healthcare organization, you need to be aware of the cybersecurity risks associated with electronic health records (EHR). A professional cybersecurity firm can help you identify these risks and take steps to mitigate them.

A professional cybersecurity company can also help your business create a business continuity plan. This plan will help your business stay up and running in the event of a cybersecurity attack.

Contact Axiom for an Assessment Today! 

If you’re not sure when your business last had a cybersecurity risk assessment completed, or if you’ve never had one done, now is the time to take action. 

Cybersecurity risks are constantly evolving, and it’s vital for businesses to stay ahead of the curve. Partnering with a professional cybersecurity firm like Axiom can help you do just that.

Contact our cybersecurity experts at Axiom today to learn more about cybersecurity risk assessments and how they can benefit your business.