Find out what a customized cybersecurity solution looks like.
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How much money and time could you save your business – and customers – by partnering with experts in the field who can help you manage and mitigate your risk and reach your assurance and compliance goals?
The “Verizon 2023 Data Breach Investigations Report,” an annual study conducted by the Verizon Threat Research Advisory Center (VTRAC) for the past 20 years, has found that external actors were responsible for 83% of breaches, and that 95% of those breaches were motivated primarily by financial gain.
Alarmingly, over the past two years that figure has jumped 10%. This is likely due to higher ransomware potential payouts, combined with multi-attack strategies having a higher probability of success. What’s more, the median cost to victims per ransomware incident has more than doubled, with 95% of incidents resulting in a loss of $1 to 2.25 million.
As the threat of damaging cyber-attacks continues to grow, so does the number of Federal grants intended to help Tribal Nations strengthen their cyber defenses. But applying for and actually securing these funds can be challenging—which is where REDW’s Cybersecurity team comes in.
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Most information security breaches occur through just a handful of attack vectors, and yet many companies spend 90% of their time on threats that only happen 5% of the time. Or they believe that meeting compliance requirements is sufficient to keep them safe.
REDW takes a different approach to risk assessment that is simple, but very effective, based on years of experience investigating hundreds of incidents.
Rating your cybersecurity posture from a hacker’s point-of-view helps you focus on where you’re most vulnerable. For organizations looking for a quick, holistic analysis of their cybersecurity risk, enterprise-wide, we offer Security Scorecard with risk assessment analysis.
✅ Get the Scorecard with Free ConsultationYour employees are frequently exposed to sophisticated cyberattacks that are continually evolving. They need to know the latest tricks to watch out for to avoid getting trapped. In fact, most companies are now required by law to conduct mandatory cybersecurity training for employees that includes monthly “phishing” exercises.
As mentioned, the average cost of a data breach is $4.35 million. With cyberattacks on the rise, hackers are becoming more sophisticated and dangerous by the day. As businesses rely more on technology to operate, they also become more vulnerable to cyber threats. Investing in robust cybersecurity awareness training is no longer an option for organizations but a necessity.
Studies show that close to 90% of data breaches involve human error, highlighting the need for comprehensive training. Regardless of your industry, awareness training helps equip your staff with the skills and tools they need to recognize and respond to cyber threats. The more informed your team is, the more empowered they’ll be to identify potential threats before they become serious problems. With the help of REDW’s partnership with KnowBe4, you can engage your employees with interactive training that prepares them to help defend your organization.
With the average cost of data breaches soaring, it’s important for your organization to recognize the high costs of cybercrime. In addition to costs from breaches, you must account for lasting reputation damage and loss of customer trust. With hackers constantly evolving their methods, it’s impossible to prevent every attack. However, comprehensive training significantly reduces the odds of a successful breach occurring.
Well-trained employees can spot suspicious emails, unsafe web links, and questionable attachments. They know how to safely handle sensitive data and are less likely to fall victim to social engineering. With vigilance and knowledge, many data breaches can be avoided altogether. The return on investment in high-quality training is substantial when considering the financial and reputational implications of a major cyber incident.
A strong cybersecurity culture is rooted in education. When employees are empowered to be the first line of defense, an organization’s overall security posture is elevated. Training brings many advantages beyond preventing attacks, including:
Investing in skilled training should be non-negotiable for any business that values its assets. As part of your cybersecurity services, prioritize employee education that encourages secure working habits throughout your team.
REDW has partnered with KnowBe4, the world’s largest integrated platform for security awareness training combined with simulated phishing attacks. When you subscribe to KnowBe4’s automated Security Awareness Training through REDW, you can rely on our experienced cybersecurity pros to administer the program efficiently and effectively, so you can rest easy and focus on what you do best.
Compliance with stringent InfoSec standards isn’t just a good idea. Many industries and government agencies actually require that you prove adequate protections are in place to defend your organization against cyberattacks. More and more clients, too, are building such stipulations into their contracts. Which is why REDW offers help with obtaining the particular certification you need.
As a business advisory firm committed to meeting the highest standards of performance ourselves, you can be sure we take compliance with regulations very seriously.
Our highly-credentialed cybersecurity professionals:
While training is a key part of cybersecurity management, REDW offers a more custom, integrated approach to your enterprise. Our process is transparent and efficient, from thorough risk assessments to implementing key findings into your security strategy. Within 2-3 weeks of the start of our assessment, we’ll deliver an actionable report that makes a real, tangible impact within your organization.
Don’t wait for issues to arise before you invest in cyber threat management. Let our team give you a total solution uniquely suited to your cybersecurity needs.
A cybersecurity service refers to a range of professional services and solutions designed to protect digital systems, networks, data, and information from various cyber threats and attacks. With the increasing reliance on technology and the internet, the importance of cybersecurity has grown to safeguard sensitive information, maintain business continuity, and ensure the privacy of digital assets.
Three types of cybersecurity include:
A cybersecurity company can provide a wide range of services to help organizations enhance their security posture. Here are some common services:
Conducting in-depth assessments of your Information Security measures and training your staff to be more vigilant are all critical to strengthening your organization’s cybersecurity. But if you’re looking for a more robust and integrated approach to protecting your entire enterprise, REDW will build a custom and comprehensive cybersecurity program for you from the ground up.
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