As the Chief Information Officer of a medium-sized gourmet food retail corporation, safeguarding our organization from cyber threats is a must. Cybersecurity is more than just technology; it also comes down to about people and systems working together to protect corporation and customer data. I’ll be addressing five potential digital threats and digital processes in our company, and also five recommendations to enhance our cybersecurity. 5 sources of potential digital threats are Malware/ phishing scams, insider threats, third party vulnerabilities, social media attacks through impersonation and unpatched software systems.  Cybercriminals use malware and phishing scams to attempt to breach systems and steal customer data and financial information, they also use ransomware. Employees can also be a risk, sometimes unintentionally. They might accidentally share sensitive data, or they could do it on purpose like taking account numbers or selling the customers information and sometimes a previous employee could take sensitive information to hurt the company. A similar threat is third party employees such as suppliers, partners, and contractors who also typically have access data systems. If their security is compromised, it can affect our organization by exposing data. Unpatched software is an issue where systems aren’t regularly updated and may be weakened enough for criminals to exploit. The social attack can be someone trying to impersonate an employee to trick someone else into sharing data that may harm the company or reveal sensitive information.

Malwares and its Impact on Businesses (digintrude.com)

The Continuing Threat of Unpatched Security Vulnerabilities (thehackernews.com)

7 Most Common Types of Cyber Vulnerabilities – CrowdStrike

5 digital processes, systems, and/or functions our company has in place that could be exploited or manipulated in order to gain access to valuable corporate or customer data would be online marketplace, customer database, 3 party systems, employee email and employee social media. When you have an online ecommerce platform its open to be a target to cyber-attacks and data breaches. The customer data base is a cyber criminals dream so that must be highly encrypted and well protected, or a criminal could hack and steal all of your customers information. Having 3rd parties connected to your business is also a threat because anything that happens to their business can affect yours. Both employee emails and social media can be the target of malware attacks and phishing scams.

As the chief technology executive, 5 recommendations that my company can adopt to be more safe, secure, and reliable would set up strong passwords, set up a firewall, pay for antivirus protection, constantly patch and update and also have backups to external hardware.

The 10 Data Security Measures you must take for your business – Wimi (wimi-teamwork.com)