Five Ways Enterprises Can Boost Incident Preparedness
Security is not a primary area of expertise for most organisations so preparedness may fall outside its purview.
Despite billions of dollars being poured into cyber security technologies and services each year, enterprises still lack confidence in their ability to stop cyber attacks and breaches. Boosting security defences is certainly the need of the hour. If persistent threat actors are committed to attacking your organisation, they will do so in short order. Not only should enterprises advance their security posture, but they must also prioritise their incident preparedness capabilities to ensure swift and efficient response and recovery from incidents.
Let’s explore some key steps and best practices that can help organisations assess and boost their incident preparedness.
Secure leadership buy-in
The first step is making leadership teams aware that a cyber attack can happen at any time; it is not a one-dimensional risk (i.e., data loss or IT disruption). Other risks that can impact the business include financial, legal, compliance, and reputational. Leaders must understand and accept these risks and help mobilise resources toward incident preparedness. When the message and directions come from upper management, employees tend to display urgency and a higher level of enthusiasm and commitment.
Build awareness of cyber risk
Combating multi-dimensional risks need involvement, cooperation, and collaboration across a range of different teams and domains, for example, marketing teams, HR teams, and product teams, as well as business partners, law enforcement agencies, and regulators. Return to the basics, educate people on what you’re trying to achieve, ensure that they internalise it and understand that security is everyone’s responsibility. Explain how cyber preparedness is an ongoing assurance activity that complements other risk management efforts such as financial audits.
Run cyber exercises
Having an incident playbook in place doesn’t guarantee the enterprise is prepared for cyber incidents. Nobody carries a playbook in hand around the office. Instead, get people in a room where they don’t have access to their playbooks. Simulate a realistic incident, then measure the organisation's effectiveness in responding to the simulated attack. Choose to run cyber exercises on a variety of scenarios such as a ransomware attack, insider threat, social engineering, cloud data breach, or supply chain attack.?
Provide measurement and scoring
Metrics help organisations measure and report incident preparedness qualitatively and objectively. Security teams can measure things like Activation Time (how quickly can resources be mobilised); Incident Management (how well the incident is managed; setting objectives and assigning roles) and Response Times (how well you performed against the test objectives). Organisations can try comparing their incident plans against peer groups to understand how well they stack up. Independent authorities such as the Information Security Forum (ISF) can supply industry benchmarking data.
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Improve processes and crisis management skills
Cyber exercises not only help with assessing preparedness for security incidents, but they also help to identify gaps in defences, policies, and processes, and improve critical thinking and incident-handling abilities in employees. Once security teams have tested all scenarios and evaluated existing incident response capabilities, they can plug the loopholes and weaknesses identified in their response mechanisms and playbooks. Security teams can consider enhancing crisis management skills by subjecting users to additional security training.
Navigating limited security resources and conflicting priorities
There is a massive talent shortage in the security industry and organisations are always struggling with competing priorities. How to overcome this problem? One word: Outsource. Studies show that the trend of outsourcing cyber security services is on the rise, especially because it can be very difficult to attract, train, and retain cyber talent.
For most enterprises, security isn’t the primary area of expertise; incident preparedness often falls outside their purview. It is advisable to outsource these resources and entrust the task to specialists who can engage a workforce distributed across the globe. Collaborating with individuals who possess the requisite skills can be a significant advantage and a game changer for businesses.
To prioritise incident preparedness means adding capabilities that will go a long way to enabling swift response and recovery from security breaches. This involves securing leadership buy-in, building awareness of cyber risk among all teams, providing measurement, and scoring metrics, improving crisis management skills, and considering outsourcing cyber security services to overcome resource limitations.
Want to strengthen your team's ability to respond to cyber incidents?
Immerse your team in realistic, tailored scenarios that test your organisation’s ability to navigate cyber attacks in an effective manner. Get in touch to find out more about ISF Cyber Simulation Exercises.