The Lifecycle Approach to Cybersecurity

Introduction

Cybersecurity is key for organizations that want to protect their internet-connected systems, networks, data, and programs from digital attacks. For organizations that have a limited budget for their cybersecurity needs, determining how to most effectively allocate funds can be challenging.

Life Cycle Management (LCM) Security Inc. provides clients with an all-inclusive solution to cybersecurity built on our Life Cycle approach. This approach has been guiding organizations of all sizes to help define their processes, people, and technology requirements.

How Does the Lifecyle Approach Work?

For almost 20 years, LCM Security Inc. has built our security practice on a Life Cycle approach to security. The Life Cycle is centred around the idea that the security risk is very dynamic and a program of continuous improvement must be put in place.

The Life Cycle approach begins with an organization assessing their environment for security risks and creating a cybersecurity plan that addresses the required improvement in policies, processes, technologies, and people required to remediate these risks.

The organization then remediates the gaps in their security to reduce their overall risk, ensuring that the necessary management and verification processes are implemented to monitor and test the improvements.

The Life Cycle/continued improvement processes are put in place to ensure that the plan is constantly updated, remediation is aligned to risk through effective management, and verification of the environment.

Assessment, Remediation, Monitoring and Managed Services

The Risk and Maturity Assessment is a critical component of creating a Governance Program. By performing the assessment, remediating the gaps, and managing the environment against a defined standard, the customer will be creating a Cybersecurity Operating Model that will align internal and external resources against common measurements eliminating duplicate or unnecessary technologies and processes.

Implementing the monitoring component of the Life Cycle approach is critical to a customer's ability to maintain the required Security, Compliance, and Risk Tolerance goals. LCM’s proven methodologies are the ideal SIEM offerings to assist an organization with creating ongoing processes to maintain their security goals.

LCM’s SIEM team is made up of key roles in the monitoring, alert management, and reporting processes. In addition, a Virtual CISO is available to assist the customers with strategic cybersecurity questions and ensure the service continues to evolve with the constantly changing environment.

Benefits for Clients

The Life Cycle approach allows customers to understand their current level of security risk and will inform the organization of required remediation efforts.

Implementing the Life Cycle approach is critical to a customer's ability to maintain the required Security, Compliance, and Risk Tolerance goals.

The Life Cycle approach enables customers to budget cybersecurity like they would any other IT purchase, by eliminating unnecessary redundancy in technologies and processes, and aligning company resources effectively.

The cybersecurity plan that is developed as part of the life cycle enables IT Departments and Senior Management to agree on acceptable risk and budget accordingly.

Different from Other Cybersecurity Companies

Historically, companies reacted to a security risk by implementing point solutions without ever reviewing the overall cybersecurity strategy and the life cycle associated with managing the strategy. This left the environment exploitable with poor use of company resources.

Companies that follow LCM’s Life Cycle approach and develop a full cybersecurity plan can address significant risk by creating a security roadmap. Our team of experts helps companies build business plans that help to educate and empower the Board, the Executive team, as well as every employee to understand current risks and what they should to prevent them from becoming a breach.

Contact us today to solve your cybersecurity challenges.

LCM Security Inc. was founded in 2001 solely to provide advanced network security solutions that enable organizations to better leverage and control their costs associated with acquisition and managing of Security Infrastructures.

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