Why cyber threat management is important

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Why Cyber Threat
Management
Is Important?
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INTRODUCTION

• Cyber threat refers to the risk of a cyber attack
  causing business disruption or damaging a
  company's reputation.
• Attackers can target any size organisation in any
  industry.
• Financial gain, obtaining confidential data, or
  disrupting business operations are the prime
  motive of attackers.
• The practice of recognising possible cyber danger
  is known as cyber risk management.
• Every organisation should have a cyber threat
  management strategy in place.

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• A risk management strategy can assist in better
  understanding the cyber hazards that come with
  day-to-day operations or new endeavours.
• A cyber risk assessment will determine the
  possibility of any cyber-attacks to which the
  company is currently exposed.
• Knowing the most significant threats to your
  company ensures that money and time are invested
  wisely.
• This will aid in the prevention of the hazards.

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Importance of cyber threat management

• Defending against cyber attacks and mitigating
  cyber risks
• Reducing costs and protecting revenue
• Increased corporate reputation

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Defending against cyber attacks and mitigating
cyber risks

• Implementing a cyber risk management strategy
  aids in the detection of risks to a company.
• It also aids in addressing the risks and
  implementing the necessary defences.
• Cyber risk monitoring lessens the risk of cyber
  attacks.

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Reducing costs and protecting revenue

• The prime objective of hackers is financial gain.
  
• It's critical to reduce your chances of becoming
  a victim of an attack and to limit the amount of
  money you could lose.
• Compliance with specific standards as part of a
  cyber risk strategy can help organisations avoid
  significant fines for non-compliance.

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Increased corporate reputation

• Demonstrating to your clients and consumers that
  you are serious about cyber security gives your
  company a competitive advantage.
• Organizations that put their customers' or
  clients' data security first earn their trust,
  which leads to improved loyalty and long-term
  business success.

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CONCLUSION

• Cyber-attacks are undeniably a big danger to all
  organisations and industries.
• Because of the abundance of digital data
  nowadays, advanced cybersecurity solutions are
  more important than ever.
• Many organisations' cyber security strategies,
  however, have flaws.
• Failure to detect and mitigate risks is a typical
  flaw in many organisations.

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• As a result, businesses are more vulnerable to
  hackers.
• This is why Cyber Threat Management is critical
  for every organization.
• So, identify vulnerabilities, detect, manage and
  respond to threats in the Surface, Deep Dark
  web with CTM 360s cyber threat management
  platform.