Rockville Economic Development, Inc. (REDI) recently hosted a cybersecurity event with a panel of experts across the spectrum of security concerns, including VariQ’s Vice President of Cyber Programs, Olin Green.

The seminar was provided as a service to small to midsized companies to raise awareness of cyber threats and to highlight the importance of taking steps to reduce potential threats to their operations.

Various topics were addressed during the forum, including password protection, phishing, and the need for developing education, awareness, and preparedness. Olin Green spoke to the importance of developing a cybersecurity strategy to that end: “For a corporation, your data is your classified information, what differentiates you from your competitors. As a company, you have to identify what needs to be protected from a cyber-perspective and ensure that your information, people, or technology are not exposed.”

The results of CohnReznick’s 2017 Global Cyber Security Survey indicated that there is “a significant need for middle-market organizations around the world to improve their overall understanding of the cybersecurity risk landscape.” In their analysis, they concluded that awareness, education, and investment are needed to increase preparedness and reduce exposure to cyber attacks.

Green highlighted the importance of creating a plan to address cybersecurity vulnerabilities: “A cybersecurity plan doesn’t have to be cumbersome. You can start by identifying elements that are most important and vulnerable, and most critical to your success as a company, and build your plan from there.” He also pointed to the critical need for training to adequately equip employees to identify and combat cyber threats, given that employees have been identified as one of the weakest links in the chain of cybersecurity events.

VariQ was honored to participate on this panel of experts. The company was recognized by REDI as “one of the fastest growing cyber companies in the region” in their presentation at the event.