Cybersecurity is a critical concern for businesses of all sizes, and senior executives need to be aware of the risks and challenges associated with it. In today’s digital age, cyber threats are becoming increasingly sophisticated and complex, and organizations must take proactive measures to protect their assets and data from potential attacks.

Assess your cybersecurity with these probing questions:

A quote from Jim Rohn, the American motivational speaker and business philosopher, is perhaps very befitting here, “To be successful, you don’t have to do extraordinary things. Just do ordinary things extraordinarily well”.

Cybersecurity oversight in SMEs doesn’t have to be a technical labyrinth reserved for technical wizards. Senior executives, armed with the right insights, can confidently navigate this crucial domain. The following basic questions empower business leaders to grasp their cybersecurity posture, identify vulnerabilities, and initiate proactive measures to safeguard their ventures.

  • 1
    How do we ensure that our sensitive information is properly classified and protected?
  • 2
    How do we control access to our resources, and what measures do we take to ensure that only authorized personnel have access? What steps do we take to review and update access-rights and privileges regularly?
  • 3
    Do we implement multifactor authentication mechanisms?
  • 4
    How do we ensure that our critical data is properly backed up and protected from disasters and cyber-attacks?
  • 5
    How do we prepare for and respond to cyber incidents and disasters, and what steps do we take to ensure that our plans are regularly rehearsed and updated?
  • 6
    How do we ensure that our hardware and software products are free from vulnerabilities, supported by the vendor, and regularly patched?
  • 7
    How do we ensure that our networks are properly segmented to mitigate the risk of malware spread or attacker lateral movement across the entire estate?
  • 8
    What measures do we take to detect and respond to potential cyber threats, and how do we ensure that our organization is prepared to identify and respond to them?
  • 9
    How do we ensure that our cyber risk management approach is still viable and aligned with the current business context and the latest cyber threats?
  • 10
    How do we ensure that our staff are properly trained and educated on the latest cyber threats and security best practices, and what steps do we take to promote a culture of security awareness and compliance?
  • 11
    How do we ensure that we have an accurate and up-to-date record of our technology assets, and what steps do we take to manage and secure them?
  • 12
    How do we ensure that we have a comprehensive understanding of our business-critical services and functions, and what steps do we take to manage and secure their associated data, technology, and supply-chain dependencies?
  • 13
    What measures do we take to ensure that we can recover critical business functions in the event of a disaster or cyber-attack, and how do we ensure that our business is prepared to lead and coordinate recovery efforts?