A new company should evaluate third-party vendors through a vendor risk assessment process. The assessment includes reviewing the vendor’s security policies, certifications, past incidents, and documentation of their adherence to industry standards (e.g., ISO 27001, SOC 2). Identify instances of inadequate data encryption, poor access controls, or outdated systems. Include security guidelines in contracts and limit vendors’ access to only necessary systems or data to minimize exposure.

Start by developing a tailored cybersecurity training program emphasizing real-world scenarios like phishing attempts or password management. Use interactive tools, videos, and quizzes to make learning engaging and memorable. Focus on role-specific risks (e.g., finance teams handling sensitive transactions). Conduct regular refresher courses and simulate cyberattacks to test employees’ responses. Establish a security culture through frequent reminders, accessible resources, and recognition for proactive behavior.

Adopt a security-by-design approach, integrating security measures into all stages of development and innovation. Use scalable solutions like cloud-based security tools, automated monitoring systems, and collaboration between security and innovation teams to align goals. Avoid rigid policies that stifle creativity by enabling secure experimentation with sandbox environments. Regularly reassess risks as the company grows and adapt strategies accordingly.

Implement real-time monitoring tools such as SIEM. Stay updated on threat intelligence through feeds, industry reports, and participation in relevant forums. Establish a security operations team internally or outsourced for round-the-clock threat monitoring and response. Continuously refine incident response plans to address new attack techniques and prioritize agility in adapting to the ever-evolving threat landscape.