Learn the Difference Between Cyber Security & Cyber Resilience to Protect

Cybersecurity and cybercrime aren’t something that’s recently introduced to the industries globally. Cybersecurity has been securing companies from ransomware, phishing, hacking and Distributed Denial-of-Service (DDoS).?

I have seen multiple cybercrime cases unfold in the year 2020 and 2021 including that of Twitter and BigBasket.com. Both the cases involved the leak of customer data from the secured internal network, but the difference lies in the way they were performed and handled.?

Twitter in 2020 confirmed that an internal employee leaked the information for money. Simply put, Twitter never broke, an employee did. Mikko Hypp?nen, the chief research officer at the Finnish cybersecurity company F-Secure said, "Humans and their behaviour continue to be the biggest threat for organisations.” After this incident, Twitter made changes to the system and administration, wherein, which employees have access to which database and the tasks they perform daily were watched closely to safeguard the company's internal data from hackers and cybercrime.

BigBasket, on the other hand, suffered from cyber hacking, wherein, hackers took over 20 million customer’s personal information. As soon as the company realised the breach, they eliminated all hashed passwords, moving to an OTP-based mechanism. This helped to keep the customer information safe from hackers.?

We know what is cybersecurity, so now let’s discuss cyber resilience, shall we?

What is Cyber Resilience?

Cyber Resilience, in simple terms, is a measure of how perfectly a firm or business can fight a cyberattack and operate its business effectively.?

While the business is going through a cyber threat or breach, it’s essential to see how it tackles its way through it while keeping the operations intact. Most businesses shut down for a period of time primarily due to cyber threats; however, this is where cyber resilience comes into picture.?

Your business and customers should not suffer due to an internal breach and cyber theft. Cyber resilience is considered as a preventive measure to handle human error and compromised software and hardware. Hence, cyber resilience ensures protection of the entire enterprise, while handling the insecure parts of the infrastructure.?

Cyber Resilience has 4 main components including threat protection, recoverability, adaptability, and durability. If you are able to cover all the four components, then only your business can be called ‘cyber resilient’.?

Threat Protection?

A business cannot solely rely on anti-virus and anti-spam. One needs to apply DNS authentication mechanisms to eliminate the gap between email security. It can safeguard your business from email attacks allowing you to stay protected from that end.?

Recoverability

A ransomware attack can cost you tons of money and millions of consumer data. In order to save yourself from such an incident, try and keep a full backup of data on a separate network that can be used to restore all the wiped out data. Keeping this in mind, do always remember to inform your IT team, law enforcement officers, and stakeholders about the breach before doing anything yourself.?

Adaptability

With the developing security systems, attackers and hackers are also evolving with new tactics and tools to breach your data. In order to safeguard your company’s internal data, your security team should be able to recognise security breaches and act immediately.?

The security team should be aware of user awareness, can realise threats in real time and include automation to remove security breaches.

Durability

Enterprise-wise cyber resilience does not only count your internal systems and administration, but also the way your company performs and functions after the cyberattack. Your team will be able to perform better with regular updates, system optimisation created by the IT team.?

Cyber resilience’s main motive is to bring your business to its regular and normal state during and after the breach. The company needs to perform systematically to keep the business growing without putting a halt to its growth.?