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The increasingly digitized and connected world of commodities trading is experiencing concerted cyber attacks from criminals and hacktivists to intentionally cause financial and reputational damage to companies.
Managing an organization’s response to cybersecurity should be a priority for the entire enterprise and requires cross-organizational collaboration. Approaching cybersecurity with the same rigor and accountability as more traditional commercial and operational risks is crucial in minimizing the damage caused by security breaches.
Recognizing factors that contribute to the problem—and understanding their enormous cost, is beneficial to battling the situation:
Data Underappreciation
Multiple Failure Points
Costly Data Breaches
Effective cyber defense depends on taking these 12 basic steps. See if you can identify the approaches already employed within your company. If anything is missing, it might be time to reassess your strategy.
01 |
IDENTIFY
HIGH-VALUE ASSETS |
02 |
HARDEN
HIGH-VALUE ASSETS |
03 |
CREATE
NETWORK ENCLAVES |
05 |
SIMULATE
SCENARIOS |
07 |
PATCH
YOUR SYSTEMS |
08 |
LIMIT, MONITOR |
09 |
MONITOR
24/7 |
10 |
DEVELOP
THREAT INTELLIGENCE |
11 |
BUILD
A SECURITY ECOSYSTEM |
12 |
PREPARE
FOR THE WORST |
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