Our customer’s existing policies were out of date. They did not address the latest changes in technology, network architecture, business model, and risk landscape.
Without clear policies, projects may implement solutions without understanding and addressing cyber risks. This could result in additional costs later on to remediate vulnerabilities and potentially expose confidential data. Also, an unclear policy can undermine your position if legal recourse is required to resolve a discovered data breach.
To clearly define current policies that are easily understood, can be incorporated into projects and strategic plans, and will not require frequent modification.
New, high-level policies reduced the risk of regulatory action against our customer if an audit reports a lack of security controls being defined and not in place. Our customer also gained increased productivity for projects because they needing less time to find out security answers. We also reduced the risk to unauthorized customer information disclosure and its significant costs.