Katalyst Blog | Resources and Insights

The Hidden Cost of Cybersecurity Gaps

Written by Katalyst | Mar 5, 2025 11:55:20 PM
 

The Hidden Cost of Cybersecurity Gaps: How to Avoid Losing Business

A new client recently faced a challenge that many businesses encounter: they received a 57-question cybersecurity questionnaire from a potential customer, and they had no idea how to respond. The stakes? A $500,000 contract that depended on their ability to demonstrate cybersecurity compliance. Without the right expertise, they risked losing the deal.

This situation highlights a common issue—many companies lack cybersecurity awareness and struggle with compliance, which can cost them valuable business opportunities. If your company isn’t prepared to meet security requirements, you may be missing out on revenue, failing audits, or leaving your organization vulnerable to cyber threats.

How Katalyst Helps Businesses Meet Cybersecurity Compliance

At Katalyst, we provide businesses with the expertise they need to navigate cybersecurity requirements, risk assessments, and compliance frameworks. In this case, Senior Cybersecurity Consulting Engineer Uriah Berry is conducting a cybersecurity assessment to help the client:

  • Understand their current security posture
  • Complete the cybersecurity questionnaire
  • Ensure compliance with industry standards

Beyond questionnaire assistance, we offer long-term cybersecurity solutions:

1. Security Assessment Roadmap (SAR)

We help businesses evaluate their current security maturity and develop a strategic plan to improve cybersecurity defenses.

2. Aligning to a Security Framework

Through our partnership with Foresite, we assist organizations in adopting NIST, CIS, ISO 27001, or other security frameworks, ensuring compliance with industry regulations.

3. Compliance Automation with Apptega

Once aligned with a security framework, we help businesses automate compliance management with Apptega, reducing manual effort and ensuring continuous compliance.

Don’t Let Cybersecurity Compliance Cost You Business

If your company is struggling with cybersecurity compliance, you’re not alone. The good news? You don’t have to figure it out alone.

At Katalyst, we provide the cybersecurity expertise, tools, and advisory services needed to streamline compliance, mitigate risk, and protect your revenue opportunities.

Schedule a call with one of our experts to ensure your business is always prepared for cybersecurity assessments and compliance requirements.