West indian culture

A crucial part of any organization’s cybersecurity culture

Data security today demands more attention than ever. The pandemic has paved the way for new cybercrime opportunities and an increase in ransomware and mobile attacks. According the recent Indian computer emergency RThe response team study, over 2.12 lakh cybersecurity incidents were only reported in the first two months of this year. As these criminals continue to use the pandemic as a bargaining chip to further exploit organizations, they will also find new opportunities to attack via deep counterfeits, cryptocurrencies and mobile wallets.

Today, most companies recognize that they need to invest significant resources in cybersecurity. According to industry reports, the need for cybercrime protection will propel spending on cybersecurity services and products to nearly $1.75 trillion between 2021 and 2025. However, no company has the resources to address all cybersecurity issues, and not all issues are equally important.

This raises the question of not only whether investing in cybersecurity is enough to keep these criminals at bay, but also on the way back to business as usual. Below, I will explain how building cyber resilience, an important aspect of cybersecurity, aims to answer these questions.

Develop a cyber-conscious workplace

Although there are many frameworks and best practice guides to equip cybersecurity managers with the tools and knowledge to manage cyber risks, business leaders, especially those in small and medium-sized businesses and developing industries , often struggle to understand cybersecurity and what their responsibilities are. . Inadequate cybersecurity isn’t always due to a lack of awareness; it is also due to a lack of understanding. By identifying the activities that are important to a business and understanding how attacks could disrupt them, organizations can start the process of mitigating risk.

With the hybrid work culture here to stay, it’s important to ensure employees are cyber-aware even when their devices are unattended. Organizations must develop cyber-aware workplaces where every employee is aware of cyber risks and their role in protecting the business. Such a culture will reinforce existing security measures, cultivate stronger team collaboration, and save money and resources spent on recovering from an attack.

Critical elements to build a cyber-resilient strategy in the organization

Cyber ​​resilience may seem ambiguous, but it’s less about technological developments and more about how people react following an attack. Organizations that demonstrate resilience and do well during a crisis take precautionary measures so as not to be overwhelmed and to maintain high performance even in the face of a crisis.

While a cybersecurity strategy tries to prevent attacks, a cyber-resilient strategy aims to mitigate the impact of an attack by focusing on these key elements:

  • Assess employee cybersecurity awareness: Make cybersecurity easily understandable for employees and educate them on how a few behavioral changes can protect the whole team.
  • Set clear and simple goals: An organization’s strategy should outline what cybersecurity means, why it is essential for employees to be part of it, and how their behavioral changes can affect the security of the organization.
  • Take a top-down approach: Adapting to this strategy is more of a mindset change than a plan to be executed on a whim. Start with C-suite leaders. Leaders should demonstrate strong cybersecurity etiquette and foster an environment where employees feel it’s everyone’s responsibility. Leaders need to understand the risks specific to their organization and industry in order to create appropriate policies for employees.
  • Identify, protect, detect, respond and recover: Cyber ​​resilience strategy requires keeping critical resources in mind, deciding on the first response in the event of an attack, continuously monitoring suspicious activity, and ensuring a detailed incident response plan. A major aspect is ensuring that business functions and affected resources are restored as quickly as possible and operations return to normal.
  • Nurture Your Relationships: Create partnerships with peers, competitors and public entities; observe how your team hires and educates them.

Weaving an effective safety net to soften the blow of an unexpected attack cannot simply be achieved by following a checklist. Instead, keep these fundamentals in mind to help you craft a cyber-resilient strategy.

An organization is safer when cybersecurity is complemented by cyber resilience

Employees are not only the weakest links in the cybersecurity chain, but also the main enabler when adopting a security mindset. The goal of cyber resilience is to ensure operational and business continuity with minimal impact. But it can be difficult to determine whether an organization is resilient enough or not, as there is currently no effective way to measure cyber resilience.

Leaders must have some level of confidence in the organization’s ability to respond to an attack; maintain customer confidence; absorb financial, legal and brand impact; and get back to business. Cyber ​​resilience is not about comparing your security strategy to another organization’s security strategy, nor is it a set it and forget it approach. This framework should adapt to the industry by focusing on the people, processes and technology needed to ensure the resilience of entire value chains.

The NIST Cybersecurity Framework, from a unit of the United States Department of Commerce, was launched in 2014 to improve critical infrastructure after the President issued an executive order to address rising cyber risks. He called for a public-private partnership to create bold changes needed to protect hybrid cloud infrastructures. This framework also aims to help organizations develop new, scalable cybersecurity strategies, including cyber resilience, where everyone shares responsibility for securing business and customer information.

It’s time for businesses to not only be cyber secure, but to go beyond that and be cyber resilient.



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Disclaimer

The opinions expressed above are those of the author.



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