Calculating Your Cybersecurity Score

Calculating your cybersecurity score is an essential day-to-day task involved in running a successful business. If your cybersecurity score is high, it means attacks are less likely, your documents are safely stored, and your confidential data is better guarded against unauthorized access. On the other hand, a low score demonstrates that there is a lot of work to be done in order to secure your company's network. Read on for more on how to calculate your cybersecurity score as well as tips on how to improve it.

What is cybersecurity?

Cybersecurity is the procedure of protecting and recovering networks, devices, and programs. When proper measures are not in place, data can be compromised, resulting in leaks of sensitive information and financial losses. These types of cyber attacks present a huge risk for your company, which is why it’s more important than ever to protect your company by improving your cybersecurity score.

Fortunately, it's not complicated to obtain a high cybersecurity score when following proper procedure and best practices.

Why does my cybersecurity score matter?

Compare risk level

A cybersecurity score is similar to a credit score in that it is used to evaluate potential risk. Your score will be used by third parties in order to assess the security of your business, similar to how a credit score assesses an individual's likelihood to pay a debt. Security scores are used in everything from insurance coverage to partnerships, and are therefore an essential part of today's business environment.

Understanding your cybersecurity score will allow you to reflect on the initiatives, goals, and current procedures that your organization has in place to protect company data. This perspective will allow you to make the most informed decision on whether or not to change your current security protocols.

A scoring system enables you to easily discuss cybersecurity with other members of the team and is a quick and easy way to understand the complexities of a large-network security system. Once you calculate your cybersecurity score, you can compare it to other organizations and see if your business is truly doing enough to protect sensitive information.

Cybersecurity in Partnerships

Your cybersecurity score has the potential to influence your future business deals and partnerships with other organizations. A low score can discredit your company and dissuade other organizations from forming partnerships with you. Organizations are ever more conscious of the role that cybersecurity plays in company reputation, and they will not risk associating themselves with you if doing so could lower their cybersecurity score.

How do I calculate my cybersecurity score?

When calculating your organization’s cyber security score, it’s important to address department-wide as well as company-wide risk. One tool that you can use to do this is Online Assessment.

How are cybersecurity scores calculated?

Similar to credit-score ratings, cybersecurity scores are also not standardized. A comprehensive security assessment will analyze the administrative, technical, and physical controls put in place to prevent security breaches. Your score will also highlight the specific areas of cybersecurity that need to be improved - allowing you to plan ahead and keep track of your organization’s progress.

As networks become more complex and organizations become increasingly more anxious to protect sensitive data and information, cybersecurity scores will become ever more prevalent.

How can Coordinated help your cybersecurity score?

The number one way to keep your organization's cybersecurity score high is by committing to a set of proven best practices.

Proper document storage protocols play a key role in cybersecurity best practices. Coordinated's document management system enables you to safely store all of your organization's sensitive information in a secure network. All data is securely backed up so you won’t have to worry about document loss.

We can also train your staff on how to comply with best practices within their day-to-day tasks. We provide tips on how to recognize malware and other viruses, how to select secure passwords, and how to identify scam email. We also limit network access so that only designated parties have access to sensitive information.

You can take a look at six simple tips to improve your cybersecurity in order to see what else your company can be doing to reduce risk.

It can be hard to stay up to date on current cyber attacks and prevention measures due to their ever-changing nature. Take your organization's cyber security seriously - get a dedicated team of experienced professionals who work with your team to protect your networks against disastrous attacks.