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VAHTI best practices
Digital security risk management

To get the best help for your situation, first answer the questions on the guide's start page.

  1. Guide's start page
  2. Introduction to digital security risk management
    1. Learn the principles
    2. Identify the benefits
      1. What are the benefits of risk management?
      2. Why should we take care of digital security risk management?
      3. Cyberattacks are common and the costs of serious incidents are significant
  3. Risk management
  4. Safety and security management
  5. Continuity management and preparedness
  6. Information security
  7. Data protection
  8. Checklist

Identify the benefits

What are the benefits of risk management?

Good overall risk management is worthwhile because it supports the organisation in many ways and is beneficial both internally and more broadly.

Good overall risk management

  • increases the safety of operations and reduces disruptions
  • promotes the success of projects
  • supports the setting and achievement of objectives
  • increases customer satisfaction and trust
  • increases the job satisfaction of employees, as their roles are better known
  • promotes occupational safety and wellbeing at work.

Good overall risk management also helps

  • the organisation to know its operations better
  • the organisation to identify key issues and direct resources to them
  • build a good reputation.

Updated: 29/10/2024

Why should we take care of digital security risk management?

Business continuity is a prerequisite for your organisation’s existence and success. Risk management is therefore an important part of ensuring the continuity of operations. A positive and open risk culture is also a business advantage and benefit for your organisation.

The realisation of digital security threats may create physical, material and intangible damage, the adverse effects of which can be minimised through active and transparent risk management and precautionary measures.

Remember, however, that the risk also provides a positive opportunity for developing activities and learning from the mistakes. However, learning from the mistakes and risks requires that you discuss them and share your learning experiences openly.

Updated: 29/10/2024

Cyberattacks are common and the costs of serious incidents are significant

According to the Dell Technologies Data Protection Index Survey (2023)

  • 55% of respondent organisations reported having been the target of a cyberattack or cyber-related attack in the past year, and
  • 45% of the organisations face some form of supply chain attacks.

The costs of cyberattacks leading to serious incidents are also constantly rising. According to the above mentioned Dell Technologies report, the average cost of a deviation resulting from a single attack was 1.24 million euros for the organisation. Costs may also concern the organisation’s stakeholders through service or supply chains.

The scale, severity and long time span of recovery measures increase the deviation’s costs.
Check out the Dell Technologies Data Protection Index Survey results (PDF)Opens in a new window..

Updated: 28/1/2025

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