Cybersecurity is a topic that makes headlines everyday across the world. Having a cybersecurity strategy is essential to an organization’s long-term success. Investing in a good cybersecurity solution and an experienced managed service provider can help your organization avoid losses that could run into millions of dollars.

Another way to protect your business and data against cyber attacks is to follow the 5 Cs of Cybersecurity. What are the 5 C’s? Let’s dive into what they are.

1. Change

All businesses face challenges along the way like competition, finances, economic conditions, technology advancements and more. Those that are most adaptable to these changes are usually the most successful. Change centers around the growth and expansion of your business’s cybersecurity strategy. Even after you create a cybersecurity strategy for your business, you’ll need to change it so that it offers maximum protection against new cyber threats.

2. Compliance

A compliance failure can result in a data breach, financial losses, denial of service, and even injury to employees and customers. Compliance refers to the auditing and enforcement of the rules set as part of your cybersecurity strategy. You will need to ensure that workers follow the rules set forth. You can add a compliance section to your cybersecurity strategy that tackles this topic.

3. Cost

Another important item to consider with your cybersecurity strategy is the cost involved to protect your business and your customers. Every organization wants to ensure that it’s spending money on the right things while avoiding unnecessary costs. When creating a cybersecurity strategy, you should analyze your business’s past expenses on cybersecurity while also calculating its future expenses.

4. Coverage

Coverage represents the size of your businesses’s IT Infrastructure. Coverage, though, can change. As your business grows, its coverage may increase as well. New problems can arise that may have not been part of your original cybersecurity plan. You will need to adjust your plan to the coverage that your business covers now and in the future. 

5. Continuity

What is continuity exactly? It’s a separate strategy for planning the “continued” operations of your business in the event of disaster. In regards to cybersecurity, continuity specifically deals with IT-realted disasters  like hacking, ransomware and other forms of malware. You will need to ensure that your business is able to perform its operations in the event of an IT-related disaster.

Change, Cost, Compliance, Coverage and Continuity are all important areas to consider when developing your cybersecurity strategy for today and the future. As cyber-attacks are increasing every day, it is important for your business to be prepared for anything that can happen. This will help preserve your company’s reputation and bottom line.

Reach out to API to see how we can help with your cybersecurity strategy.