How to Use Threat Modelling to Reduce Your Cybersecurity Risk

Tanya Wetson-Catt • 20 July 2023

As cyber threats continue to increase, businesses must take proactive steps. They need to protect their sensitive data and assets from cybercriminals. Threats to data security are persistent and they come from many different places. 


Today’s offices are digitally sophisticated. Just about every activity relies on some type of technology and data sharing. Hackers can breach these systems from several entry points. This includes computers, smartphones, cloud applications, and network infrastructure.


It’s estimated that cybercriminals can penetrate 93% of company networks.


One approach that can help organizations fight these intrusions is threat modelling.


Threat modelling is a process used in cybersecurity. It involves identifying potential threats and vulnerabilities to an organization's assets and systems.


Threat modelling helps businesses prioritize their risk management and mitigation strategies. The goal is to mitigate the risk of falling victim to a costly cyber incident.


Here are the steps businesses can follow to conduct a threat model.


Identify Assets That Need Protection


The first step is to identify assets that are most critical to the business. This includes sensitive data, intellectual property, or financial information. What is it that cybercriminals will be going after?


Don’t forget to include phishing-related assets. Such as company email accounts. Business email compromise is a fast-growing attack. It capitalizes on breached company email logins.


Identify Potential Threats


The next step is to identify potential threats to these assets. Some common threats could be cyber-attacks such as phishing. Others would be ransomware, malware, or social engineering.


Another category of threats could be physical breaches or insider threats. This is where employees or vendors have access to sensitive information.


Remember, threats aren’t always malicious. Human error causes approximately 88% of data breaches. So, ensure you’re aware of mistake-related threats, such as:


  • The use of weak passwords
  • Unclear cloud use policies
  • Lack of employee training
  • Poor or non-existent BYOD policies


Assess Likelihood and Impact


Once you've identified potential threats, take the next step. This is to assess the likelihood and impact of these threats. Businesses must understand how likely each threat is to occur. As well as the potential impact on their operations, reputation, and financial stability. This will help rank the risk management and mitigation strategies.

Base the threat likelihood on current cybersecurity statistics. As well as a thorough vulnerability assessment. It's best this assessment is by a trusted 3rd party IT service provider. If you’re doing your assessment with only internal input, you’re bound to miss something.


Prioritize Risk Management Strategies


Prioritize risk management strategies next. Base this on the likelihood and impact of each potential threat. Most businesses can’t tackle everything at once due to time and cost constraints. So, it’s important to rank solutions based on the biggest impact on cybersecurity.


Some common strategies to consider include implementing:


  • Access controls
  • Firewalls
  • Intrusion detection systems
  • Employee training and awareness programs
  • Endpoint device management


Businesses must also determine which strategies are most cost-effective. They should also align with their business goals.


Continuously Review and Update the Model


Threat modelling is not a one-time process. Cyber threats are constantly evolving. Businesses must continuously review and update their threat models. This will help ensure that their security measures are effective. As well as aligned with their business objectives.


Benefits of Threat Modelling for Businesses


Threat modelling is an essential process for businesses to reduce their cybersecurity risk. Identifying potential threats and vulnerabilities to their assets and systems is important. It helps them rank risk management strategies. As well as reduce the likelihood and impact of cyber incidents.


Here are just a few of the benefits of adding threat modelling to a cybersecurity strategy.


Improved Understanding of Threats and Vulnerabilities


Threat modelling can help businesses gain a better understanding of specific threats. It also uncovers vulnerabilities that could impact their assets. It identifies gaps in their security measures and helps uncover risk management strategies.


Ongoing threat modelling can also help companies stay out in front of new threats. Artificial intelligence is birthing new types of cyber threats every day. Companies that are complacent can fall victim to new attacks.


Cost-effective Risk Management


Addressing risk management based on the likelihood and impact of threats reduces costs. It can optimize company security investments. This will help ensure that businesses divide resources effectively and efficiently.


Business Alignment


Threat modelling can help ensure that security measures align with the business objectives. This can reduce the potential impact of security measures on business operations. It also helps coordinate security, goals, and operations.


Reduced Risk of Cyber Incidents


By implementing targeted risk management strategies, businesses can reduce risk. This includes the likelihood and impact of cybersecurity incidents. This will help to protect their assets. It also reduces the negative consequences of a security breach.


Get Started with Comprehensive Threat Identification


Wondering how to get started with a threat assessment? Our experts can help you put in place a comprehensive threat modelling program. Give us a call today to schedule a discussion.

Let's Talk Tech

More from our blog

by Tanya Wetson-Catt 2 May 2025
In this digital world, it's hard to keep track of all the storage space on your devices. It's easy for our devices to run out of room because we keep adding more photos, videos, documents, and files. Cloud storage is a convenient option because it lets people store their data online, which frees up space on their devices and lets them view files from anywhere. This post will talk about the best cloud storage services that can help you get more done online and save space on your devices. What Are Cloud Storage Providers? Cloud storage services let people store and control their data online. These are called c loud storage providers . There are many perks to using these services, such as more storage space, the ability to share files, and better security. People who use cloud storage can get to their files from any internet-connected device. This makes it easier for people to work together and from home. Cloud storage is important for people who want to free up room on their devices and keep their data safe and easy to access. There are different cloud storage companies with different features, prices, and ways to use their services. Some providers focus on personal use and offer free storage with the choice to pay more for more space. Others are geared toward businesses and offer advanced tools for working together and lots of storage space. It's important to know the differences between these service providers so you can pick the right one for your needs. Recently, cloud storage has grown into more than just a place to store files. It's now also a way to work together and get things done. A lot of service providers now offer office software and real-time tools for working together. This makes it easier for teams to work on projects and papers together. The move toward a more unified service model has made cloud storage an important tool for both personal and business use. Next, we’ll cover how cloud storage providers can help with productivity. How Do Cloud Storage Providers Help With Productivity? Cloud storage providers play a crucial role in enhancing digital workflow by offering a centralised platform for storing, accessing, and sharing files. This not only helps in freeing up device space but also facilitates collaboration and productivity. Here are some key ways cloud storage enhances digital workflow: Centralised File Management Cloud storage allows users to manage all their files from a single platform. This means you can access your documents, photos, and videos from any device with an internet connection, making it easier to work on projects or share files with others. Enhanced Collaboration Tools Many cloud storage providers offer integrated collaboration tools that enable real-time editing and commenting on documents. This feature is particularly useful for teams working on projects together, as it allows multiple users to contribute simultaneously without version control issues. Advanced Security Features Cloud storage providers typically offer robust security features, including encryption and two-factor authentication, to protect your data from unauthorised access. This ensures that your files are safe even if your device is compromised. Scalable Storage Options Cloud storage services often provide scalable storage options, allowing you to upgrade or downgrade your storage capacity as needed. This flexibility is beneficial for both individuals and businesses, as it ensures you only pay for the storage you use. The ability of cloud storage providers to enhance digital workflow makes them indispensable for anyone looking to streamline their file management and collaboration processes. In the next section, we’ll talk about the best cloud storage providers out there now. What Are the Best Cloud Storage Providers? Choosing the right cloud storage provider depends on your specific needs, whether you’re looking for personal use or business solutions. Here are some of the top cloud storage providers that offer a range of features and benefits: G oogle Drive : Known for its seamless integration with Google Docs and Sheets, Google Drive offers 15 GB of free storage and is ideal for those already using Google’s productivity suite. Microsoft OneDrive: Integrated with Microsoft Office, OneDrive provides a smooth experience for users of Word, Excel, and PowerPoint. It offers 5 GB of free storage and is particularly useful for Windows users. Dropbox: Famous for its file-sharing capabilities, Dropbox offers 2 GB of free storage and is popular among users who frequently collaborate on projects. iCloud: Designed for Apple users, iCloud provides 5 GB of free storage and integrates well with other Apple services like Photos and Mail. pCloud : Known for its lifetime subscription options, pCloud offers up to 10 GB of free storage and is a good choice for those looking for long-term storage solutions. Box: Focused on business users, Box offers robust security features and collaboration tools, making it ideal for enterprises. It's important to compare these providers based on your individual needs because each one has its own pros and cons. There is a cloud storage service out there that can meet your needs, whether you want free space, tools for working together, or more security. Take Control of Your Digital Space Cloud storage providers are a great way to manage the room on your devices and get more done online. You can make sure that your files are safe, easy to view, and share with others by picking the right provider . There's a cloud storage service out there for everyone, from individuals who want to free up room on their phones to businesses that need powerful tools for teamwork. To get personalised help choosing the best cloud storage provider for your needs, please don't hesitate to get in touch with us.
by Tanya Wetson-Catt 30 April 2025
Mobile applications have become an integral part of our lives. We use them to browse the internet, network, communicate, and much more. But they open us up to risks caused by fraudsters who may steal information or damage our phones. According to 2024 data from Asee, over 75% of published apps have at least one security vulnerability. This means that 3 out of every 4 your favourite apps could be risky to use. It’s important to be cautious while downloading and maintaining apps. Here are ten simple tips that can help keep your mobile apps secure. Why Is Mobile App Security Important? Not only do 75% of apps risk our security, but business apps are three times more likely to leak log-in information. These risks also include even the most popular apps. Those with over 5 million downloads still have at least one security flaw. Using mobile apps is not always safe. There are many ways for hackers and criminals to steal your data. This can happen because of your internet connection, app permissions, and more. Next, we’ll cover ten essential security tips to keep your data safe when using mobile apps. Top 10 Security Tips For Mobile App Users Mobile apps can be dangerous, but there are ways to reduce these risks. If you’re careful about where you download apps, the permissions you allow, the internet connection you use, and more, you can keep your data as safe as possible. Here are the top ten security tips for mobile app users: 1. Only download from official stores The first step of mobile app security is choosing safe apps. Some apps are not secure, even when they look legit. It’s important to be aware of the source before you click download. Always download your apps from the App Store or Google Play. These stores check apps to make sure they're safe. Don't download from random websites. They might have fake apps that can hurt your phone. 2. Check app ratings and reviews Before you download an app, see what other people are saying about it. If lots of people like it and say it's safe, it is probably fine . But if people are saying it has problems, perhaps you don't want to install it. 3. Read app permissions When you find an app you want to download, stop and do research first. If you download a fake app by mistake, your device may be attacked. It can open you up to malware, ransomware, and more threats. Apps frequently request permission to access certain parts of your phone. Maybe they want to know your location or use your camera. Consider whether they really need that information. If an app requests access to too much, do not install it. 4. Update your phone’s operating system Keep the software on your phone up to date. New updates frequently patch security vulnerabilities. This makes it more difficult for the bad guys to hack into your phone. 5. Use strong passwords We use apps for many day-to-day tasks like sending emails, storing files, and sharing on social media. If an app is hacked, your personal information can be stolen. Passwords protect your apps. Make sure your password is difficult to guess. Use letters, numbers, and symbols. Do not use the same password for all apps. That way, if a person guesses one password, he or she cannot access all your apps. 6. Enable two-factor authentication Two-factor authentication means an additional step in order to log in. It can send a code to your phone or email. This will make it way harder for bad people to get into your accounts. 7. Beware of public Wi-Fi Public Wi-Fi is never a safe space. There may be bad guys watching what you do online. Never use public Wi-Fi on important apps. Wait until you're on a safe network, like the apps for banking. 8. Log out of apps not in use Log out of apps whenever you're done using them. This is even more important when the apps hold personal information, such as banking or email apps. In case someone steals your phone, it's much harder for them to access your apps. 9. Update your apps Developers of applications usually fix security issues in updates. Keep updating your apps whenever newer versions get released. It will help in safeguarding your information. 10. Use security features Lots of apps have additional security features. These may include fingerprint locks or face recognition. Switch these on if you can, as they can help stop other people using your apps. Even with these security tips, it’s important to take other measures to protect your data. Be sure to follow our tips on safe downloads and data protection in addition. Stay Safe While Using Mobile Apps It's not hard to stay safe with mobile apps. Just be careful and think before you act. Only download apps you trust. Keep your phone and apps updated. Use strong passwords and extra security when you can.  Remember, safety is in your hands. Don’t hesitate to ask for help with app security. For more mobile app security tips, feel free to contact us today.
by Tanya Wetson-Catt 23 April 2025
Malware and ransomware are two types of bad software. They can damage your computer or steal your data. Downloading this harmful software comes with serious consequences. In 2024, there were more than 60 million new strains of malware found on the internet. This is why it’s critical to understand the difference between them. This article will help you understand both types of threats. What is Malware? Malware is a general term that means "malicious software." It includes many types of harmful programs. Depending on the type, malware can do different bad things to your computer. These are the four main types of malware: Viruses: These spread from one computer to another. Worms: They can copy themselves without your help. Trojans: They trick you into thinking they're good programs. Spyware: This type watches what you do on your computer. Malware can cause a lot of problems. If you get malware on your device, it can: Slow down your computer Delete your files Steal your personal info Use your computer to attack others What is Ransomware? Ransomware is a type of malware. It locks your files or your entire computer. Then it demands money to unlock them. It is a form of digital kidnapping of your data. Ransomware goes by a pretty basic pattern: It infects your computer, normally through an e-mail or download. It encrypts your files. This means it locks them with a secret code. It displays a message. The message requests money to decrypt your files. You may be provided with a key to unlock the files if you pay. In other cases, the attackers abscond with your money. As of 2024, the average ransom was $2.73 million . This is almost a $1 million increase from the previous year according to Sophos. There are primarily two types of ransomware: Locker ransomware: This locks the whole computer. Crypto ransomware: This only encrypts your files. How are Malware and Ransomware Different? The main difference between malware and ransomware is their goal. Malware wants to cause damage or steal info. Ransomware wants to get money from you directly. While malware wants to take your data, ransomware will lock your files and demand payment to unlock them. Their methods are also different. Malware works in secret and you may not know it’s there. Ransomware makes its presence known so the attackers can ask you for money. How Does It Get Onto Your Computer? Malware and ransomware can end up on your computer in many of the same ways. These include: Through email attachments Via phony websites Via a USB drive with an infection From using outdated software These are the most common methods, but new techniques are on the rise. Fileless malware was expected to grow 65% in 2024 , and AI-assisted malware may make up 20% of strains in 2025. If you get infected by malware or ransomware, it’s important to act quickly. You should know these signs of infection to protect yourself. For malware: Your computer is slow Strange pop-ups appear Programs crash often For ransomware: You can't open your files You see a ransom note on your screen Your desktop background changes to a warning How Can You Protect Yourself? You can take steps to stay safe from both malware and ransomware. First, here are some general safety tips for malware and ransomware: Keep your software up to date Use strong passwords Don't click on strange links or attachments Backup your files regularly For malware specifically, you can protect yourself by using anti-virus programs and being selective with what you download. To stay safe from ransomware, take offline backups of your files and use ransomware-specific protection tools. What to Do If You’re Attacked If you suspect that you have malware or ransomware, take action right away. For Malware: Go offline Run full anti-virus Delete infected files Change all your passwords For Ransomware: Go offline Don't pay the ransom (it may not work) Report the attack to the police Restore your files from a backup Why It Pays to Know the Difference Knowing the difference between malware and ransomware can help with better protection. This will help you respond in the best way when attacked. The more you know what you are against, the better your chance at taking the right steps to keep yourself safe. If you are under attack, knowing what type of threat it is helps you take quicker action. You can take proper steps towards rectifying the problem and keeping your data safe. Stay Safe in the Digital World The digital world can be hazardous. But you can keep safe if you’re careful. Keep in mind the differences between malware and ransomware, and practice good safety habits daily. And, if you are in need of help to keep yourself safe on the internet, never hesitate to ask for assistance.  For further information on protecting your digital life, contact us. We want to help keep you secure in the face of all types of cyber threats.