By embracing a proactive approach to cyber-risk management, companies can better detect, prevent, and mitigate cyber threats while integrating the latest state-of-the-art technology. In the fast-paced world of businesses integrating new technology at a rapid pace to meet customer demands, the vulnerability to cybercrime increases. By proactively managing cyber-risk and continuously assessing and addressing risks caused by innovation, companies can stay ahead of cyber threats
This proactive method involves integrating cybersecurity defenses in tandem with new technology, planning for possible exposure to risks from the development stage onward. It is essential to shift the mindset towards addressing cyber-risk concurrently with technology implementation rather than as a reaction after a threat emerges. By working with trusted partners in cyber-risk management and integrating cybersecurity throughout technology development, businesses can enhance performance, improve customer experience, and build trust. This approach not only protects against cyber threats but also ensures ongoing security and risk management, reflecting the importance of adopting best practices to mitigate risks before they materialize.https://www.darkreading.com/cyber-risk/addressing-risk-caused-by-innovation