{"id":21010,"date":"2024-03-06T18:24:27","date_gmt":"2024-03-06T12:54:27","guid":{"rendered":"https:\/\/ivaluegroup.com\/en-in\/?p=21010"},"modified":"2025-04-25T13:12:30","modified_gmt":"2025-04-25T07:42:30","slug":"8-cybersecurity-resolutions-for-2024","status":"publish","type":"post","link":"https:\/\/ivaluegroup.com\/en-in\/resources\/blogs\/8-cybersecurity-resolutions-for-2024\/","title":{"rendered":"8 Cybersecurity Resolutions For 2024"},"content":{"rendered":"

New year, new threats. It seems with every passing year, cyberattacks are becoming increasingly more common and infinitely more complex. The cost of cybercrime is expected to hit $9.5 trillion this year, and the fact that 75% of security professionals observed an increase in cyberattacks over 2023 tells us that this is a widespread problem showing no signs of slowing down.<\/span><\/p>\n

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So, in this exciting new year, what resolutions can you as an organization undertake to truly level up your security posture? Of course, the resolutions most likely to be followed are the ones rooted in reality.\u00a0<\/span><\/p>\n

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Well, the reality is that cybersecurity budgets are nowhere near what they should be, especially when considering the potential impact of a breach. Yet, finding a way to incorporate the following 8 resolutions will go a long way towards creating a comprehensive cybersecurity scenario for your organization. The best part is, iValue Group has holistic solutions for each and every one of these resolutions.<\/span><\/p>\n

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Resolution #1: Close the Gap<\/b><\/h2>\n

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The fact that a data breach in India costs an average of 17.6 crores points to a lot of gaps in the general cybersecurity adoption scene.<\/span><\/p>\n

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A <\/span>gap analysis <\/span><\/i>involves the process of identifying gaps between the current state of a company\u2019s IT process and its desired future state. The whole exercise helps identify the strengths and weaknesses of your current cybersecurity measures, and formulates ways to achieve effective resource allocation while addressing all vulnerabilities.\u00a0<\/span><\/p>\n

We go about gap analysis in an extremely methodical way:\u00a0<\/span><\/p>\n

Defining goals \u2014> Gathering data about the current state \u2014> Establishing the desired future state \u2014> Analyzing the gap between the two \u2014> Brainstorming solutions \u2014> Finalizing & Implementing them<\/span><\/p>\n

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Resolution #2: Keep All Parties Safe<\/b><\/h2>\n

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As more and more organizations find it beneficial to outsource parts of their operations to third parties, the need of the hour is to translate your cybersecurity posture onto them as best as possible.<\/span><\/p>\n

That doesn\u2019t seem to be happening at the current moment, because while 84% of organizations host critical or sensitive assets with external parties, 80% of them say third-party risks are identified only after onboarding.\u00a0 This means that prior due diligence when it comes to risk management is sorely lacking.<\/span><\/p>\n

The solution for this is a concise <\/span>third-party risk management framework (TPRM)<\/span><\/i> that assesses, monitors and minimizes third party cyber risks. Vendor assessments, risk scoring and compliance audits are just some of the components our solution provides, to mitigate negative consequences like:<\/span><\/p>\n