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What are the best practices for incorporating cybersecurity into product lifecycle management?

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Cybersecurity is not an afterthought, but a vital aspect of product development that should be integrated throughout the product lifecycle management (PLM) process. PLM is the systematic approach to managing the creation, evolution, and retirement of products, from ideation to disposal. By incorporating cybersecurity into PLM, you can reduce risks, protect your customers, and comply with regulations. Here are some best practices for embedding cybersecurity into your PLM.

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1 Define security requirements

The first step is to define the security requirements for your product, based on the business objectives, customer needs, and regulatory standards. You should identify the potential threats, vulnerabilities, and impacts that your product may face, and establish the security goals, metrics, and controls that you will use to mitigate them. You should also document the security roles and responsibilities of your team members, stakeholders, and partners.

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Daryl Diebold

Business Cyber Risk Expert | NIST CSF & Zero Trust Assessment Leader | CISO Advisor | IT Market Analyst | Polymath-Autodidact
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What kind of product and/or service are you designing? What are you “Supply” side dependencies? “Delivery”? “Support”? What are the regulatory and legal requirements? Personally I believe security is a differentiator in much the same way seatbelts and airbags are in a vehicle, but understand some people disagree. It’s actually one of the last places you can set yourself apart from others and request a higher premium of cost.

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Hitomi Mizugaki

Co-founder & Chief Product Officer at Cuemby | Organizer of Cloud Native South Florida | Mentor and Advisors | SAFe certified
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Defining security requirements is not just a checkbox exercise. It's about anticipating the evolving threat landscape. In my experience, aligning these requirements with industry standards while also customizing to your product's specific context is key. Overlooking this step can leave even the most innovative products vulnerable.

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Linda Madu

Product Manager @ First Bank of Nigeria Ltd. | Digital Product Development |Product Growth | Product Roadmap |Product Launches & Go-to-Market Strategy| Blockchain Enthusiast
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This is a very important step for any one in the finance space. Threats and Leaks are very crucial factor to consider in any finance product management.

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2 Design security architecture

The next step is to design the security architecture of your product, which is the framework that defines how the security requirements will be implemented and enforced. You should consider the security aspects of the product features, functions, interfaces, data flows, and components, and apply the principles of security by design, such as least privilege, defense in depth, and encryption. You should also use secure coding practices, such as input validation, error handling, and code review.

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Hitomi Mizugaki

Co-founder & Chief Product Officer at Cuemby | Organizer of Cloud Native South Florida | Mentor and Advisors | SAFe certified
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Designing security architecture is like laying the foundation of a fortress! It requires a balance between robust protection and user experience. My journey has taught me that an overly complex security design can deter users just as much as a breach. I strongly believe that simplicity and strength must go hand in hand.

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3 Test security functionality

The third step is to test the security functionality of your product, which is the process of verifying that the security requirements are met and that the security controls are effective. You should perform various types of security testing, such as unit testing, integration testing, penetration testing, and vulnerability scanning, and use tools and methods that are appropriate for your product type, platform, and environment. You should also document the test results, findings, and recommendations.

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Linda Madu

Product Manager @ First Bank of Nigeria Ltd. | Digital Product Development |Product Growth | Product Roadmap |Product Launches & Go-to-Market Strategy| Blockchain Enthusiast
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Apart from testing the usability of your product, you should also consider collaborating with the CyberSec team to test for security functionalities

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4 Deploy security updates

The fourth step is to deploy security updates for your product, which is the process of delivering and installing patches, fixes, and enhancements that address security issues or improve security performance. You should monitor your product for any new or emerging threats, vulnerabilities, or incidents, and respond to them promptly and appropriately. You should also communicate with your customers about the security updates, and provide them with clear and easy instructions on how to apply them.

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Hitomi Mizugaki

Co-founder & Chief Product Officer at Cuemby | Organizer of Cloud Native South Florida | Mentor and Advisors | SAFe certified
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Deploying security updates is a critical, ongoing process. My journey in startups has taught me the importance of transparent communication with users about updates. It's not just about fixing vulnerabilities; it's about building trust by showing your commitment to users' safety.

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5 Manage security incidents

The fifth step is to manage security incidents for your product, which is the process of detecting, analyzing, containing, eradicating, recovering, and learning from security breaches or attacks that affect your product. You should have a security incident response plan that defines the roles, procedures, tools, and resources that you will use to handle security incidents. You should also report the security incidents to the relevant authorities, stakeholders, and customers, and follow up with corrective and preventive actions.

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6 Retire security assets

The sixth and final step is to retire security assets for your product, which is the process of decommissioning, disposing, or transferring the product or its components that are no longer needed, supported, or secure. You should ensure that the security assets are properly removed, erased, or destroyed, and that no sensitive or confidential data is left behind or exposed. You should also review the security performance and lessons learned from your product, and use them to improve your future products.

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Linda Madu

Product Manager @ First Bank of Nigeria Ltd. | Digital Product Development |Product Growth | Product Roadmap |Product Launches & Go-to-Market Strategy| Blockchain Enthusiast
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You can do the following to retire security assets Identify Assets to Retire: Determine which security assets, such as hardware, software, or data, are no longer needed, supported, or secure. Plan Retirement Process: Develop a plan for decommissioning, disposing, or transferring the identified assets. Securely Remove Data: Ensure that all sensitive or confidential data is securely removed, erased, or destroyed from the retired assets. Use reliable data wiping or destruction methods to prevent data breaches. Dispose of Assets: Dispose of hardware assets in accordance with relevant regulations and security best practices. Consider recycling or environmentally friendly disposal options.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Hitomi Mizugaki

Co-founder & Chief Product Officer at Cuemby | Organizer of Cloud Native South Florida | Mentor and Advisors | SAFe certified
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Beyond these practices, we should consider the human element in cybersecurity. Fostering a culture of security awareness across all teams can significantly enhance your defense mechanisms. After all, technology is only as strong as the people behind it!

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What are the best practices for incorporating cybersecurity into product lifecycle management?

1

2

3

4

5

6

7

1 Define security requirements

2 Design security architecture

3 Test security functionality

4 Deploy security updates

5 Manage security incidents

6 Retire security assets

7 Here’s what else to consider

Product Development

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What are the best practices for incorporating cybersecurity into product lifecycle management?

1

2

3

4

5

6

7

1 Define security requirements

2 Design security architecture

3 Test security functionality

4 Deploy security updates

5 Manage security incidents

6 Retire security assets

7 Here’s what else to consider

Product Development

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