Understanding the Importance of Regular Cybersecurity Risk Assessments

August 25, 2023

3 min read

The Fluidity of Cyber Threats

Cybersecurity threats are ever-evolving and the threats that were the most rare and dangerous last year may be common this year. Threats evolve, and hackers are always coming up with new ways to compromise a business’s data.

The strong defenses of yesterday might not be able to stop the improved threats of today. This constantly changing threat scenario shows how important it is to do regular cyber risk assessments.


What is a risk assessment for Cybersecurity?

Before we get into why it’s important to do regular risk assessments, let’s talk about what they are. A cybersecurity risk review is a thorough look at the digital landscape of a business. It finds, measures, and ranks possible security flaws in your systems, networks, and data. This helps businesses understand the risks they face and find effective ways to deal with them.


In cybersecurity, a year is a long time

Just like annual checkups are important for our health, annual hacking risk assessments are important for your business’s digital health. A year might not seem like a long time, but in the world of technology and cyber threats, it’s an era. Businesses can keep up with new threats and technological advances by doing assessments every year (or more routine if you have especially sensitive and important data – a year should be the maximum amount of time between assessments).


Risk assessments should be done on a regular basis:

Businesses can switch from being reactive to being proactive with the help of regular risk assessments. By finding weaknesses before they are used against you, you can put in place protection to keep your important data and systems safe.

  • Compliance with rules and regulations: Compliance with industry standards and regulations, like GDPR, HIPAA, or PCI-DSS, which require frequent risk assessments, also depends on regular assessments. If you don’t follow the rules, you could get fined significant money and hurt your image.
  • Save money: Even though these assessments cost money up front, they can save companies a lot of money in the long run by preventing data breaches, loss of customer trust, fines from the government, and expensive downtime.


What Novatech does in risk assessments

Novatech is a top cybersecurity partner, and one of its goals is to help companies through their cybersecurity journey. We do thorough cybersecurity risk assessments that give you information about your unique set of threats and help you build a strong cybersecurity strategy. With our help, you can put your risks in order of importance, set up the right defenses, and make the best use of your resources.


Cybersecurity needs to be a long-term priority

Regular risk reviews for cybersecurity can’t be stressed enough. They are an important part of a proactive defense plan, following the rules, and saving money. Most importantly, they give companies peace of mind that they are doing everything they can to protect themselves from the latest cyber threats.


Novatech is the place to start.

Are you ready to put your business’s digital health at the top of your list? Start by getting a full risk analysis from Novatech. Contact us today for a free risk review and get started on the road to strong, proactive cybersecurity. We help companies with their cybersecurity as well as Managed IT Services, Print Management and Copier Leasing.

Written By: Editorial Team

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