RISK MANAGEMENT

The benefits of automating cybersecurity assessments

Cybersecurity assessments are the process of evaluating an organization's cybersecurity posture
December 5, 2022
|
6
min read

Did you know that a mid-size organization typically conducts over a hundred cybersecurity assessments each year? It's interesting to think about the sheer number of assessments that are conducted in order to ensure the organization's cybersecurity hygiene is up to par.

Cybersecurity assessments are the process of evaluating an organization's cybersecurity posture, including its ability to protect against potential cyber threats and vulnerabilities. These assessments are essential for maintaining good cybersecurity hygiene and are often considered the first step in an organization's journey towards increased cybersecurity maturity. By regularly conducting cybersecurity assessments, organizations can identify and address any weaknesses in their security systems, helping to protect against potential attacks and breaches. This is important because cyber threats are constantly evolving, and it is essential for organizations to stay vigilant and proactive in their efforts to safeguard against them.

Current scenario of cybersecurity assessment

The current ecosystem of businesses includes multiple projects, expanding customer outreach, automating supply chain, enabling remote working, stakeholders and vendors etc.  

As businesses have increasingly adopted digital technologies and processes, many have had to scale up their operations and move more of their activities online in order to remain competitive and efficient. However, despite the widespread adoption of online technologies, cybersecurity assessments have often remained largely offline, relying on manual intervention and processes. This has slowed down the speed and ease with which these assessments can be conducted, as they require manual input and intervention to complete.

Most businesses today involve hundreds of new projects that are launched on an on-going basis, such as expanding customer outreach, automating a part of the supply chain, remote working, buying a new application etc.  

Challenges

Diverse business processes employs a security team to check every process from cyber-security perspective and involves a lot of manual work. Today, it’s still largely an excel-based approach which is not just cumbersome; it leads to productivity loss as it’s not repeatable and doesn’t allow for standardization.  

The data is not real-time, human error is not factored in and therefore governance of the security control is very limited.

As companies move towards technology / digital transformation, every initiative requires a security assessment and needs a person from the security team to do this manually.

For example, if a company needs to perform a new supply-chain automation, for a curb-side pick-up a project would be required. Even a simple process such as on-boarding a logistics provider for drop shipping which is mostly done manually and therefore is extremely time-consuming.

The need for automating cybersecurity assessment

Many organizations have been seeking ways to automate and streamline their cybersecurity assessment processes, in order to improve efficiency, accuracy, and speed.

Automated cybersecurity assessments rely on algorithms that are trained on data to perform the assessment without the need for manual intervention. This decentralized approach allows multiple people to answer the evaluation simultaneously and can improve efficiency. In addition, machine learning technology can be used to quality check the evidence submitted by the assessment teams and to continuously reduce security risks. The use of automation and machine learning in cybersecurity assessments can help to improve the accuracy, speed, and efficiency of the assessment process.

Artificial Intelligence (AI) and Machine Learning (ML) therefore, are crucial to addressing these and leapfrogging the business to the next level without having to worry about cumbersome manual processes and human errors.

Benefits of automating cybersecurity assessment

Automating the cybersecurity assessment (CSA) process can enable companies to engage with business stakeholders on an ongoing basis. By automating the CSA process, companies can more easily and regularly assess their cybersecurity posture and identify any weaknesses or vulnerabilities that need to be addressed.  

Automation enhances transparency for one, apart from the fact that it saves time and money from the regular assessment! It also helps plan improvements on cyber-security based on what matters most to your business. It helps to build trust and confidence in the organization's security systems and processes and encourages stakeholders to prioritize cybersecurity in their decision-making.

Alfahive’s approach to automating cybersecurity assessments

Every business has its own processes and unique challenges and advantages.  Alfahive’s approach to use the business process as key enablers to map critical parts of the cyber-security assessment and automate them such that a repeatable assessment can be performed for similar projects/initiatives, without manual intervention as much as possible.  

Alfahive's cybersecurity assessment combines advanced automation with personalized insights and recommendations to ensure that organizations are always fully secure. The company's cutting-edge automation technology helps to streamline and improve the accuracy of the assessment process, while the automated recommendations provide organizations with the specific guidance, they need to address key risks. Together, these capabilities help to ensure that organizations can maintain a high level of cybersecurity hygiene and continuously reduce cyber risk.

Book a FREE DEMO session
See how our security management enables a holistic assessment of your business operations and controls for each modeled event with precise financial repercussions and reporting that executives can quickly understand.

More like this

December 5, 2022
|
This is some text inside of a div block.
The benefits of automating cybersecurity assessments
Cybersecurity assessments are the process of evaluating an organization's cybersecurity posture
December 5, 2022
|
This is some text inside of a div block.
The benefits of automating cybersecurity assessments
Cybersecurity assessments are the process of evaluating an organization's cybersecurity posture
December 5, 2022
|
This is some text inside of a div block.
The benefits of automating cybersecurity assessments
Cybersecurity assessments are the process of evaluating an organization's cybersecurity posture