Primero Systems Blog

External IT Risk Management in Focus - CLARITY Wednesday

The average probability that an organization will experience a data breach has increased to 27.7 percent compared with last year’s 25.6 percent, according to a Ponemon Institute and IBM Security global survey.

3 External IT Risk Management Facts Worth Considering:

  • 77% of security and IT professionals indicated they do not have a cybersecurity incident response plan applied consistently across the enterprise.
  • The average time to identify a breach in 2019 was 206 days, while the average time to contain a breach was 73 days.
  • The global average cost of a data breach is $3.9 million.

Assess the Value of External IT Risk Management to Your Organization

It’s apparent that companies are still not prepared enough for breaches even though they are becoming more commonplace.

What value do you place on minimizing unauthorized data access, system penetration, or service interruption due to malware, ransomware attacks, Denial of Service attacks, or unauthorized access gained through a successful phishing attack?

Determine Your Organization's Related Pain & Frustration

In order to fully assess your level of pain (and frustration!) it’s helpful to know where you want to be. So…what does good look like?

A low pain example of External IT Risk Management would be: We have the necessary budget and IT skills needed to fully secure our computing environment in order to sufficiently protect and defend our applications, data transmission, network components, mobile devices and workstations/servers. We have computing and data redundancy, data/system recovery capacity and intrusion detection/remediation. We employ independent third-party penetration testing.

What is your organization's level of pain as it relates to External IT Risk Management?

The CLARITY Assessment™

In the CLARITY Assessment™ we focus on 7 key company objectives. Above, we touched on External IT Risk Management, which is one of 5 categories related to the broader objective of Risk Management:

Customer Relations
Learning & Development
Agile Operations
Risk Management

  • Internal IT Risk Management
  • External IT Risk Management
  • Internal IT Control Management
  • Regulatory Compliance
  • Disaster Preparedness and Recovery

Information Technology
Technological Innovation
Yield (Financial)

Almost every company worldwide is in some stage of their own digital transformation journey. You’re invited to take the CLARITY Assessment™, with the goal of helping to define your own company priorities in your digital transformation journey. Click here to experience it now.

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