Which of the following actions can reduce exposure to cyber risks?

Implementing robust security policies plays a crucial role in reducing exposure to cyber risks. Security policies serve as a framework to establish guidelines for protecting an organization’s information assets. These policies define the rules and procedures for managing sensitive data, ensuring compliance with relevant regulations, and specifying the security measures that must be applied across the organization.

By having well-defined security policies in place, organizations can create a culture of security awareness, ensuring that all employees understand their responsibilities in safeguarding data. Furthermore, robust policies help standardize security practices, facilitate incident response, and establish clear protocols for risk management. Such policies can address various aspects of cybersecurity, including access controls, data encryption, and incident response plans, ultimately resulting in a stronger defense against potential threats.

In contrast, the other options would not contribute to a reduction in cyber risk. Ignoring security audits can leave vulnerabilities undetected, limiting the ability to identify and address potential threats. Limiting employee training undermines the organization’s overall security posture, as employees may not be aware of the correct practices to follow in safeguarding information. Reducing the IT budget could lead to insufficient resources for implementing necessary security measures and tools, thereby increasing exposure to cyber threats.