The National Cyber Security Alliance, through SafeOnline.org, recommends a top-down approach to cyber security in which corporate management leads the charge in prioritizing cyber security management across all business practices. NCSA advises that companies must be prepared to “respond to the inevitable cyber incident, restore normal operations, and ensure that company assets and the company’s reputation are protected.” NCSA’s guidelines for conducting cyber risk assessments focus on three key areas: identifying your organization’s “crown jewels,” or your most valuable information requiring protection; identifying the threats and risks facing that information; and outlining the damage your organization would incur should that data be lost or wrongfully exposed.

Cyber risk assessments should also consider any regulations that impact the way your company collects, stores, and secures data, such as PCI-DSS, HIPAA, SOX, FISMA, and others. Following a cyber risk assessment, develop and implement a plan to mitigate cyber risk, protect the “crown jewels” outlined in your assessment, and effectively detect and respond to security incidents. This plan should encompass both the processes and technologies required to build a mature cyber security program. An ever-evolving field, cyber security best practices must evolve to accommodate the increasingly sophisticated attacks carried out by attackers.

Combining sound cyber security measures with an educated and security-minded employee base provides the best defense against cyber criminals attempting to gain access to your company’s sensitive data. While it may seem like a daunting task, start small and focus on your most sensitive data, scaling your efforts as your cyber program matures.