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Office Closure: Beginning July 2, the Delap office will close for an interior remodel. The remodel project has been in the works for months and will include an updated reception area as well as new and improved conference rooms. The project is scheduled to last a few months, with the office anticipated to reopen sometime around the holidays. We will continue to assist our clients with their accounting and advisory needs during the remodel, and we appreciate your patience and understanding during this renovation process.
It's a brave new world we live in. Each month seems to bring new challenges for businesses. As a business owner or executive, you may be asking questions like, "How can we maintain or restore healthy cash flow?" or "Do we have sufficient projects in the pipeline to maintain revenues and keep our workforce gainfully employed?" Priorities are competing for your attention, but I want to encourage you to not lose sight of the need to assess the current state of your security maturity.
Cybersecurity is a business risk — not simply an IT risk as it's been historically viewed. Businesses rely on technology and cloud service providers in order to enable remote workforces and deliver services and products to the market. Technology is the foundation your business runs on, and gaps in security can leave your company standing on unstable ground: Cyber criminals can exploit vulnerabilities to access sensitive data, damage information systems, and upset business operations. A cybersecurity breach can lead to lost data, loss of productivity or income, thousands of dollars or more spent on IT infrastructure repair, reputation damage, and lawsuits.
Cybersecurity guards against these threats to your business. Organizations should proactively assess their security maturity, identify weak points, and develop strategies to manage their risk.
Let's start with a simple Now Where How model, with a focus on gaining a solid understanding of where your company is "Now" when it comes to security.
Start by asking several crucial questions to assess the maturity of your organization's cybersecurity:
Think about where your company is now, where you want to be (or should be), and what it will take to get you there.
Based on your responses to these questions, you can gain a better overall understanding of your organization's security posture — like completing the border of a puzzle. Performing internal cybersecurity environment and controls assessments will help your organization fill in the puzzle and give you a clearer image of what your organization's current maturity level is. You can also have security maturity assessments performed externally by our Delap cybersecurity team.
One security maturity model that can be used to rate your security readiness is the capability maturity model. The following visual is an outline of the different maturity levels.
Many organizations will find themselves in a maturity level 1 or 2. This isn't a bad thing, as long as you take the visibility you've gained during your assessment. Use that visibility and create a plan to move your security program forward in a meaningful way that not only manages risk better but creates additional value for your organization.
Our team of cybersecurity professionals is always ready to discuss your organizational challenges and projects. We're here to assist you with achieving performance security!