To develop an effective cybersecurity strategy, businesses should follow these steps:
1. Identify Assets: Determine what needs protection, including data, systems, and networks. 2. Assess Threats: Recognize potential threats and vulnerabilities that could impact these assets. 3. Develop Policies: Create comprehensive security policies that outline roles, responsibilities, and procedures. 4. Implement Controls: Deploy technical and administrative controls to mitigate identified risks. 5. Monitor and Review: Continuously monitor the effectiveness of the strategy and make necessary adjustments.