Do you know what continuous controls monitoring can do for your business? Continuous controls monitoring (CCM) is rising in popularity with businesses across all industries in a time when cybercrime is a growing and major issue. CCM continuously monitors the security controls that an organization has in place, which means that you can reduce your risks among many other benefits. It is not always enough to keep up with the latest tech trends and developments in the business world, so this post will show you what continuous controls monitoring can do for your business and why it is a smart investment for all business owners.
As mentioned, the main reason why CCM is beneficial is that it can reduce risk for your organization. By continuously monitoring the controls that you have in place, you can uncover any deviations in real-time and avoid control weaknesses. This will help you to reduce risk, which will keep the business running smoothly while also giving you peace of mind knowing that you have ongoing monitoring in place to flag up any issues or deviations.
These days, most businesses use a range of security and IT tools to develop a robust cybersecurity system. This is smart, but you will find managing all of these tools and ensuring that they are properly configured is a complex and time-consuming task, which means that errors can occur. When you use a CCM platform from a specialist like Panaseer, you are able to create a unified view of your security controls coverage so that you have complete control and do not have to worry about control gaps creating risk. This will also improve efficiency, which is something that every business owner strives for.
By monitoring data continuously as opposed to during an annual audit or when an issue arises, you will find that CCM allows you to ensure compliance at all times and make changes when required. This can also help you to avoid compliance-related costs as well as the fatigue that can come with annual audits.
Avoid Reputation Damage
In a time when data security is a major issue, organizations need to do all that they can to safeguard and protect customer data. Businesses that have a data breach often experience a serious reputation hit as a result, which can sometimes be impossible to recover from. This is not an issue when you use CCM as you are using proactive cybersecurity that can prevent breaches.
As you can see, there are many things that continuous controls monitoring can do for your business and it is a smart investment to make in today’s data-driven age when cybercrime is on the rise.