Bridging Excellence, Technology & Innovation.
MORE THAN COMPLIANCE
Cyber Security Lifecycle Management
It’s Not If, But When You’ll Be Hacked! Don’t Get Caught Without a Cyber Security Plan in Place.
According to the CSO Cybersecurity Business Report on June 15, 2017, “Cyber crime damage costs to hit $6 trillion annually by 2021.” Additionally, they report, “Global ransomware damage costs are predicted to exceed $5 billion in 2017. That’s up from $325 million in 2015—a 15x increase in two years, and expected to worsen. Ransomware attacks on healthcare organizations—the No. 1 cyber-attacked industry—will quadruple by 2020.”
It is important for organizations to stay ahead of security threats. Continuous monitoring, enhanced intelligence, proactive prevention, early threat recognition, rapid response, and investigation of root causes are a few of the ways this is accomplished. Better knowledge means better protection when combined with comprehensive tools to defend networks, devices, applications, and more.
LinkSource advises their clients to select the best cyber security partners to not only match their business needs, but also ensure compliance and security requirements. These partners ultimately help clients understand the security threats in their environment by identifying risks and providing security recommendations, which prevent breaches and data loss.
Cyber Security Lifecycle Management services include:
- Security Assessment(s)
- Policy Review and Development
- Vendor Selection & Management
- Vendor Contract Management
- Detect, Prevent & Remediate
The goal of a security assessment is to provide a level of compliance or recommendations required to pass an audit. LinkSource helps clients prepare by connecting them with industry experts who assess their cyber security environment identifying weak points.
Policies are the foundation for any security program; they define what an organization values and expects from their employees.
Phishing, pharming attacks and mobile device vulnerability are some of the top cyber security threats facing organizations today. Having policies and procedures in place surrounding these issues helps minimize these risks and also creates a comprehensive plan.
Cyber security partners work with firms of all sizes to review and implement effective security policies and procedures. This enables clients to customize their policies to ensure alignment with business priorities and goals.
Compliance and certification frameworks are critical to business. LinkSource helps clients find cyber security partners to help them meet these requirements, providing confidence for a safe and smooth operation. External validation and accreditation is of utmost importance to organizations because of their need for secure data and comply with regulatory requirements.
Industry regulations may include:
- PCI DSS v3.2
- PCI Forensics
- SOC 2
- AV Comparatives
Successful vendor selection and management helps clients control costs and mitigate risks. Weighting vendors against each other to locate the optimal decision is an overwhelming task. Seeking the aid of a Vendor Selection Manager streamlines this process and helps keep ROI maximized.
The Vendor Selection Manager acts as an advocate and manages the relationship between the client’s business and pre-vetted vendors and suppliers. They leverage these relationships from the start of the contract to the end of the project, which ensures delivery and satisfaction. LinkSource helps negotiate the best contracts for clients and enables them to get the best price possible.
With the economy in a downturn, it is an excellent time to look at current vendor contracts for re-evaluation. According to Gartner Inc., about half of organizations globally experienced contract re-negotiations in 2016. Changes in business laws, industry and technology create adjustments that should be considered when looking at Vendor Contract Management. Often, these negotiations can lead to cost savings for CIOs and their organizations.
Too many clients simply move from one contract to another without evaluating the complex, critical and often long-term options needed for proper planning and cost management. Technology leaders can get ahead of the curve by renegotiating for more favorable terms. Effective Vendor Negotiation is crucial for success. Today, CIOs are outsourcing more frequently and considering contract and license consolidation for better pricing and to reduce redundancies. Enlisting the expertise of a skilled Vendor Manager delivers better contracts and vendor performance, as well as increased ROI.
Cyber Security Managed Services help clients with their mission critical systems to ensure they are safe and secure. Most of the top cyber security vendors offer 24×7 network and device management, which provide the highest level of security.
Cyber security providers know clients need an integrated range of skills and services to prevent, detect, and remediate cyber security incidents and suspicious activity to ensure their peace of mind. These providers also evaluate operational integrity, security and performance in a client’s network.
These services are customized precisely to the client’s business requirements, which provides data protection, and advanced intelligence monitoring. Emerging threats and advanced attack methods are identified and thwarted before damage can be done.
To learn more about Cyber Security Lifecycle Management or speak with a cyber security expert, click the button below.