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PREPARING FOR CYBER RESILIENCE FROM THE INSIDE OUT


LATEST NEWS JANUARY 2024






Protecting the enterprise today from cybercrimes requires more action than
installing anti-virus software on all corporate devices. The complexity of
protecting the organisation's assets has created a specialised job industry
known commonly as cybersecurity. Today, cybersecurity is a crucial element of
business operations.

Before the rise of remote work, cybersecurity was a job that relied on tried and
tested strategies. However, cybersecurity teams have been turbulent after the
remote work boom. This can be attributed to the rise in cybercriminal activity,
even to attacks being offered in a subscription model. Furthermore, employees
also log in from personal devices over insecure networks to access the corporate
infrastructure. 

--------------------------------------------------------------------------------


HOW CAN ENTERPRISES PREPARE A FUTURE-READY STRATEGY FOR CYBER RESILIENCE?

Cybersecurity teams and business leaders must answer the right questions before
preparing a cyber resilience strategy. Else, they face the chance of running
blind in mistakes, that could've been avoided. 

Cyber resilience encompasses more than security in the digital ecosystem. It
primarily focuses on how businesses can continue uninterrupted operations, even
in a cyber breach. This can be achieved when an organisation focuses on its most
critical asset - data. 

Understanding the kinds of data your organisation deals with is the critical
first step. Working on this problem statement is something that the organisation
must work on together. The questions below can help organisations lay the
foundation for their cyber resilience strategy:

 * What kind of data do I have? Does it contain confidential information like
   payment card information, social security numbers, and employee salaries?

 * Where is my data primarily stored? How secure are these storage locations/
   services?

 * Who or what has permission to access my data?

 * How do I currently monitor user behaviour and preemptively detect anomalies? 

 * How quickly can we bring back systems online, if an attack occurs?

 * Can my systems help me dive into the origin of the threat?

 * How can I remain future-ready?

The answers to these questions will be the foundation for your cyber resilience
strategy. As data formats become more digital, the risk extends beyond financial
- they also threaten the company's brand value. 

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HOW CAN YOU PREPARE TO PROTECT YOUR DATA?



To effectively safeguard your data, it is imperative to follow a series of
crucial steps designed to enhance the overall resilience and security of your
digital infrastructure. To prepare and protect your data, follow these key
steps:

 1. Identify: The first step involves understanding the current level of
    security implemented within your infrastructure. IT teams must work with
    business leaders to evaluate the data types and current practices
    surrounding its usage. At this stage, it is best to consider improving
    present workflows surrounding the data based on its criticality.

 2. Detect: Implement technologies and processes that help teams detect
    anomalies before they can cause damage. Threat detection and network
    monitoring tools can deploy automation rules to identify patterns with a few
    data points. With AI, IT team members can also perform threat prediction
    activities. 

 3. Protect: Cyber resilience heavily relies on organisations deploying the
    right systems to mitigate threats across the attack surface. A robust
    strategy will deploy technologies that align with the organisation's
    operations. However, some of the simpler activities that are foundational
    include:
    
    * Encrypting all data moving within and outside the corporate network.
    
    * Infrastructure management should be done routinely.
    
    * Maintaining a process of taking system backups to ensure business
      continuity.
    
    * Revisiting the access control mechanism and policies ensures only
      essential access is provided.

 4. Respond: Most enterprises fail to implement a 360-degree cyber resilience
    program when they leave out attack response protocols. What happens after an
    attack happens and happens successfully? This can threaten the entire
    business operation, incurring financial losses, reputation damage and client
    mistrust. Therefore, a prime objective of every cyber resilience program
    must be business continuity at all costs. Therefore, a disaster recovery
    program must come within the overall resilience strategy. Employees must
    also be trained on how to act during a cyber threat. 

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CONCLUSION

Cyber resilience is a vital aspect of business operations, particularly in
today's digital age. Building a future-ready strategy that protects the
organisation's critical data is imperative. By identifying, detecting,
protecting, and responding to cyber threats, businesses can ensure business
continuity, reduce financial losses, and protect their brand reputation. 


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Cyber Resilience - Preparing An Action Plan




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