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Cyber Security Challenges For Boards in SME Organisations

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Too many Moving Parts?

Picture of a blurred document, signifiyng lack of clarity

Unclear Reporting?

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Insurance Obligations Met?

The 4 information security management tripwires for SME organisations

Managing cyber security raises specific challenge for SME boards - the major difficulties being resources & transparency

​1. Security management responsibilities may be spread across several roles, meaning that the overall scope of the security programme gets "tacked-on" to several different roles. For instance, who in your organisation is responsible covering these things:​​​​

  • Your cyber Insurance policy, cover​ and security management obligations

  • Technical security configurations

  • Information security awareness

  • Compliance with information security legal and regulatory issues

  • Responding to third party questionnaires

  • ..... and most importantly - is all this joined up?​

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2. Reliance on third parties. Many organisations have support from managed service providers that includes security management of their  IT environment - which further complicates the process of seeing an overall picture of the state of security management within the organisation

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3. It's been our experience that many SME organisations are not fully ware of the security tooling that they already have. Budget constraints may preclude the acquisition of specific third party security tools when there are adequate options already available in the existing It set-up

 

4. All of the above create an opaque picture of the organisations actual level of security exposure, Disparate activities, shared responsibilities and harmonised reporting create a situation where it becomes difficult to "join the dots" and make informed decisions on whether action needs to be taken.  

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Our approach to supporting SME organisations has been designed to address these issues:

  • We  align operational security activities so that insurance obligations, security configurations, cyber awareness and compliance are "joined up".

  • We'll ensure that you are getting the best out of your existing security tooling before incurring expenditure on any additional tools

  • We'll position you to recognise cyber security exposure as clearly as financial exposures.

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