Cybersecurity Risk

Getting Started With Cyber Security Awareness Training for Small Business

A woman begins cyber security training for a small business.

Regarding the subject of corporate cyberattacks, many people think of newsworthy data breaches at massive companies. The truth is that cyberattacks are rampant among small businesses as well, highlighting the need for cyber security training for small business teams.  In fact, CNBC reports that 43% of all data breaches affect small and medium-sized businesses. The Getting Started With Cyber Security Awareness Training for Small Business

What Does GRC Stand For: Governance, Risk and Compliance

What does GRC stand for?

GRC stands for governance, risk, and compliance — the three pillars of a robust cybersecurity framework.  While the meaning of GRC is straightforward, it is not enough to lean on platitudes; as a business owner, you must understand how each element plays into a company’s digital strategy and how they combine to create an environment What Does GRC Stand For: Governance, Risk and Compliance

How Do You Conduct a Cybersecurity Risk Assessment?

Dealing with cybersecurity risks has become a part of everyday operations for businesses and organizations. In the first half of 2022,  data breaches affected  more than 53 million individuals. These breaches can result in substantial financial liability, loss of reputation, loss of valuable data and, in some cases, legal consequences. How do you conduct a cybersecurity How Do You Conduct a Cybersecurity Risk Assessment?

Why Cybersecurity Risk Management Is Vital for Every Business

Cybersecurity risk management

Building a company takes a lot of time, energy, effort and resilience. Entrepreneurs have to be willing to take risks and weather tough times to grow their companies. With all that goes towards being a success, the last thing you want is to lose what you’ve built because you didn’t invest in cybersecurity risk management. Why Cybersecurity Risk Management Is Vital for Every Business

Laying a Cyber Security Risk Management Plan

5 Elements of Effective Cyber Security Risk Management According to the Federal Reserve, cyber security issues are some of the most expensive and damaging risks to the financial market. As the financial system has become more digitized, there is greater potential for incidents to affect the market more broadly. These vulnerabilities in the financial sector Laying a Cyber Security Risk Management Plan

Creating a Culture of Compliance

Creating a Culture of Compliance Compyl

How To Create a Culture of Compliance at Your Organization Too many people assume that an organizational culture of compliance is only about checking regulatory boxes and avoiding legal trouble. While those are  advantages of adopting  a compliance culture, they are far from the only reasons. Establishing compliance as a cultural norm within your organization Creating a Culture of Compliance

How To Draft a Cybersecurity Budget

How To Draft a Cybersecurity Budget compyl

Creating an Effective Cybersecurity Budget: Quick Guide As advanced cybersecurity threats become commonplace, organizations from small businesses to Fortune 500 companies must take a critical look at security budgeting. The Wall Street Journal reports that the national average cybersecurity budget increased by 6% from 2022 to 2023. Since a single cyberattack can cost a company How To Draft a Cybersecurity Budget

Continuous Criminal Monitoring and Implementation

Compyl continuous criminal monitoring

What Is Continuous Criminal Monitoring and Should You Implement It? Criminal background checks are crucial in an organization’s decision to hire a job applicant. While most businesses use a background check before hiring an employee, only 11% re-screen employees once hired. Even periodic checks — typically occurring annually — generally assume the best from workers Continuous Criminal Monitoring and Implementation

Cybersecurity Organizational Structure

Compyl cybersecurity org chart 1

Creating an Effective Cybersecurity Organizational Structure Cybersecurity is an essential component of most modern businesses. However, despite the necessity of the division, many organizations — 86.6% in 2023 — lack the infrastructure or talent to maintain an adequate security structure or team, leaving them at risk to the criminal element. To build a cybersecurity organizational Cybersecurity Organizational Structure

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