Top 5 Actions that CCO’s can take to reduce Cybersecurity Risk

  1. Conduct a periodic assessment that examines:
    • The nature, sensitivity and location of information that the firm collects, processes and/or stores, and the technology systems it uses
    • Internal and external cybersecurity threats to and vulnerabilities of the firm’s information and technology systems
    • Security controls and processes currently in place
    • The impact should the information or technology systems become compromised
    • The effectiveness of the governance structure for the management of cybersecurity risk
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