Segal Introduces Subscription Service for Effective Cybersecurity Risk Management

Segal Introduces Subscription Service for Effective Cybersecurity Risk Management

By Greg Tavarez

Business leaders are concerned about cybersecurity risks, which make sense because cyberattacks can have severe consequences for organizations of all sizes. Nonprofit entities, in particular, face significant challenges in this area due to limited resources and a lack of in-house cybersecurity professionals.

That said, new solutions and offerings are needed. Especially one that aims to bridge the gap for benefit organizations or entities lacking a large cybersecurity team. By leveraging innovative technologies and services, this offering needs to provide invaluable insights into potential risks and vulnerabilities, empowering decision-makers to make informed choices regarding their digital security. The real question is where to find an offering or solution like that.

Enter Segal, a benefits and HR consulting firm.

Segal released its innovative cybersecurity risk subscription service, Segal Cyber Advisor, to help organizations manage and mitigate evolving cybersecurity risks. Cyber Advisor provides the essential guidance, tools and expertise needed to defend against advanced cybersecurity threats.

By assuming the responsibility of staying updated on security measures, regulatory compliance and governance activities, Cyber Advisor allows organizations to concentrate on achieving their objectives without compromising on cybersecurity know-how.

Collaboration lies at the heart of Cyber Advisor's approach, as it brings together specialists well-versed in both benefits administration and cyber risk. This collaborative effort ensures the execution of robust defensive tactics and equips organizations to effectively respond to cybersecurity incidents when they arise.

With a focus on long-term protection, the work is structured over an extended timeline, typically operating on a three-year cycle, which lightens the burden on internal resources and keeps costs manageable.

Additionally, Cyber Advisor provides the flexibility to adjust plan levels as the organization's needs evolve, ensuring a tailored and scalable cybersecurity solution. Each subscription covers three years, which makes budgeting predictable. Whichever subscription level the organization selects, the work is spread over the three years to make it manageable.

“After analyzing the gaps that exist in cybersecurity risk management, we developed Segal Cyber Advisor to identify and address the weaknesses within an organization’s cybersecurity risk management practices, including its third-party vendors,” said Michael Stoyanovich, Vice President and Senior Consultant of Segal’s Administration & Technology Consulting Practice. “Insight into the entire ecosystem is key to addressing potential cybersecurity jeopardy as quickly as possible.”

With Cyber Advisor, organizations gain the advantage of a knowledgeable ally in their cybersecurity endeavors by alleviating the burden of cyber risk management and offering comprehensive support. Cyber Advisor empowers organizations to navigate the complex landscape of cybersecurity threats and safeguard their operations with confidence.

Edited by Alex Passett
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