Business Problems We Solve: Is This Investment Prospect A Ticking Time Bomb?

Some businesses have not created a cybersecurity risk management process. They also are likely to have enough IT vulnerabilities that when they find just enough bad luck they will blow up your investment.

How would you know and what would you do?

Some businesses we've worked with are fooling themselves. They believe that since no bad cybersecurity incidents (that they know of) have happened yet, why would anything bad happen in the future? 

As the great investment guru Warren Buffett put it, you don't find out who's been swimming naked until the tide goes out. Just as with beaches, so as with cybersecurity risk management. 

The only way to find out whether a prospect has an adequate cybersecurity risk management approach is to do an audit. It's quite simply the only way. Taking people's word for it, claiming compliance with some set of standards, etc., amounts to nothing but a bad business risk. This is when you can envision the timer on the bomb ticking down...010 seconds, 009 seconds, 008 seconds, 007 seconds, etc.

The 'what comes next' part is up to the investor and up to the prospect. They can go on as if everything is fine and normal, and figure that they will deal with it when it happens -- because hey maybe our luck will hold out! Or the investor or management team can insist on an audit that creates a cybersecurity risk management program that can scale along with the growth of a company.

If you, gentle reader, are an astute businessperson, ask yourself: Would you do business without liability insurance? Would you hire a contractor to do major structural repairs on your house who was not insured and bonded?

Ask us how Pythia Cyber can help you assess the cybersecurity risks of a potential prospect before the timer gets to 000. We're a lot cheaper than contracting with a British special agent.