2023 Marcum National Manufacturing Survey Report

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REDUCING RISK Fortunately, there are some fundamental steps any company can take to make breaches less likely and mitigate the damage of those that occur. All baseline cybersecurity is built around a proactive stance that includes: • B uilding cybersecurity into all strategic planning as a vital part of operations, including: • Budgeting for it and prioritizing it; • Ensuring you have the right resources for executing your security plan; and • Maintaining updated policies and procedures to protect all systems, including laptops and mobile devices. • Conducting regular cybersecurity training for employees, recognizing that: • People are the weakest link in any cybersecurity operation, so it is vital to train and test everyone with access to your systems, focusing on phishing and other cybercrime methods to prevent internal breaches. • Performing regular risk assessments with at least an annual penetration test that: • Analyzes controls, evaluates threats, finds and addresses security gaps.

ASK MARCUM Planning and committing the right resources are key to building the strongest possible cybersecurity defense. The number of threats and their sophistication continue to grow, so any approach must evolve to stay ahead of the criminals. If you’re feeling exposed, subject to regulatory requirements involving cybersecurity, or just wondering how secure your systems are, contact Marcum for a vulnerability assessment and penetration test. It’s a fast and easy way to evaluate your cybersecurity protocols and gain some peace of mind.

JOSEPH COMPTON Marcum IT Risk and Advisory Services Partner 216.242.0865