The cybersecurity landscape has seen a rapid evolution over the past decade, with cyber attacks becoming more sophisticated and frequent. Organizations across various sectors have invested heavily in cybersecurity controls to protect themselves from cyber threats. However, the effectiveness of these controls in mitigating cyber risk has always been a subject of debate. Recent research by Marsh McLennan has revealed that certain cybersecurity controls have a direct link to reduced cyber risk.
Marsh McLennan conducted a study across various industries and analyzed the effectiveness of six key cybersecurity controls. The controls studied were multi-factor authentication, encryption, vulnerability scanning, patch management, security information and event management (SIEM), and automated hardening techniques. The study found that the use of automated hardening techniques was the most effective in reducing cyber risk.
Automated hardening techniques involve the use of software tools to automate the process of securing IT systems and networks. These tools help organizations implement security configurations, such as disabling unnecessary services and ports, removing unused accounts, and applying the latest security patches. Automated hardening can help organizations reduce the attack surface and make it more difficult for cybercriminals to exploit vulnerabilities.
The Marsh McLennan study found that the organizations that implemented automated hardening techniques experienced a 50% reduction in cyber risk compared to those that did not. The study also found that automated hardening was more effective in reducing cyber risk than other controls, such as multi-factor authentication and vulnerability scanning.
The findings of the Marsh McLennan study are significant for organizations that are looking to enhance their cybersecurity posture. The study provides clear evidence that certain cybersecurity controls are more effective than others in reducing cyber risk. By focusing on the most effective controls, organizations can optimize their cybersecurity investment and maximize their protection against cyber threats.
The study also highlights the importance of automation in cybersecurity. Automation can help organizations improve their cybersecurity posture by enabling them to implement security controls more efficiently and effectively. Automation can also help organizations reduce the time required to detect and respond to cyber incidents, which is critical in minimizing the impact of cyber attacks.
In conclusion, the Marsh McLennan study provides valuable insights into the effectiveness of cybersecurity controls in reducing cyber risk. The study highlights the importance of automated hardening techniques and the role of automation in cybersecurity. Organizations should use the findings of the study to optimize their cybersecurity investment and enhance their protection against cyber threats. As cyber threats continue to evolve, it is critical that organizations stay ahead of the curve and leverage the latest cybersecurity technologies and techniques to mitigate cyber risk.
This blog was written by the Activated Solutions team. If you are a business owner or an individual concerned about your cybersecurity, it's time to take action. Activated Solutions can help you to protect your business and personal data from potential cyber threats.
Contact Activated Solutions today to learn more about how they can help you protect your business. With our expertise and commitment to cybersecurity, you can have peace of mind knowing that you are taking proactive steps to protect yourself and your business from potential data breaches.
For more information, please visit: activatedsolutions.ca.
Sources
Woltering, Amelia. “Groundbreaking Research from Marsh McLennan Reveals Direct Link between Key Cybersecurity Controls and Reduced Cyber Risk.” Business Wire, 6 Apr. 2023, www.businesswire.com/news/home/20230406005089/en/Groundbreaking-Research-from-Marsh-McLennan-Reveals-Direct-Link-between-Key-Cybersecurity-Controls-and-Reduced-Cyber-Risk.
None, cyber. “Marsh McLennan Reveals ‘Surprising’ Cybersecurity Finding That Automated Hardening Techniques Work Best.” The Insurer, 6 Apr. 2023, www.theinsurer.com/news/marsh-mclennan-reveals-surprising-cybersecurity-finding-that-automated-hardening-techniques-work-b/.
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