BUILDING A
CYBERSECURITY CULTURE AT YOUR DEALERSHIP
In today’s cyber threat landscape, falling victim to an attack only takes one minute.
With businesses expanding their online presence to create more touchpoints with customers, employees and partners, the boundaries between what’s inside the firewall and what’s outside have become less and less apparent, opening a whole new front in the battle between attackers and security teams. These attack- ers target brands and consumers on the open web with tactics like phishing, spinning up malicious mobile apps, hacking third-party suppliers and directly compromising websites.
Security teams must now protect both their organization’s internal network, as well as its presence across the entire internet. But just how vulnerable is this internet-facing attack surface and what is the material cost of defending – and not defending – it?
To find out, global digital threat management leader “RiskIQ” created what they call “The Evil Internet Minute,” which summarizes the cyber threats businesses and internet users face every minute.
EVERY 60 SECONDS:
BUSINESSES SPEND $171,233 TO DEFEND THEMSELVES...
...YET, CLOSE TO $1,138,888 IS LOST TO CYBERCRIME.
As you can see, despite businesses’ best efforts to guard against external cyber threats, bad actors contin- ue to proliferate online, costing the global economy over $600 billion last year.
So what can you do to protect your dealership from cybercrimes? Start by building a cybersecurity culture. WHO’S IN CHARGE?
Effective cybersecurity cannot be the responsibility of just one team. As cyber threats grow increasingly complex, it is important for all departments to work closely together to train employees, draft cybersecurity policies and make security part of a dealership’s culture.
For example, IT can work with HR to determine what types of permissions every employee should be given and when to remove old users. They can also work together to establish training programs that better edu- cate employees on security best practices, such as notifying IT when they receive suspicious emails.
In addition, it’s critical to develop a security culture from the top-down, because when security is seen as an important priority from the top, it filters down the organization. “It’s important for dealerships to create a culture of cybersecurity,” said John Nagel, CEO, CyberNet Security LLC. “And it’s equally important that the CEO/business owner is on board with everything related to cybersecurity at the dealership, because if this culture is going to succeed, it must start at the top.”
14 | The Retailer Magazine | Mar/Apr
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