Instead of primarily focusing efforts on keeping threat actors out of the network, it’s equally important to develop a strategy to reduce the impact.
Analysts, system integrators, and security experts are aware that the probability of a data breach at an organization is no longer a question of “if,” but rather “when.” This means that creating a plan to lessen the impact is just as important as concentrating efforts on keeping threat actors out of the network. To counter today’s increased cyber threats, many organizations have begun implementing a new approach – “cyber resilience.”
However, organizations need to focus on what precisely is cyber resilience and how it differs from conventional cybersecurity procedures.
The growing realization that conventional security measures are insufficient to safeguard systems, data, and the network against compromise gives rise to the need for cyber resilience.
Cyber resilience aims to prevent the confidentiality, integrity, and availability of an organization’s business operations from being adversely impacted by a negative cyber event.
Cyber resilience vs. Cybersecurity
Cybersecurity is the application of technology, procedures, and controls intended to defend networks, systems (such as servers, endpoints), and data from cyberattacks. Contrarily, cyber resilience concentrates on detective and reactive controls in the IT environment of an organization to evaluate gaps and motivate improvements to the overall security posture. The majority of cyber resilience initiatives make use of or improve numerous cybersecurity measures. When used together, both have the greatest impact.
Cyber resilience is being incorporated into more and more cyber risk and security management frameworks (like the National Institute of Standards and Technology’s (NIST) Special Publication 800-160 Volume 2 or the Department of Homeland Security’s Cyber Resilience Review (CRR)). To further lessen the impact of cybersecurity incidents, top analyst companies like Gartner are advising clients to switch their cybersecurity priorities from defensive strategies to the management of disruption through resilience.
Also Read: 3 Measures for XIoT Cybersecurity
Benefits of Cyber Resilience
For business continuity, a cyber-resilience strategy is essential. It can offer a number of advantages before, during, and after a cyberattack, including:
- Enhanced Security Posture: Cyber resilience aids not only in fending off an attack but also in surviving it. Additionally, it can assist a company in creating plans to enhance IT governance, enhance security across crucial assets, increase data protection efforts, and reduce human error.
- Decreased Financial Loss: Due to the introduction of general data protection laws and strict data breach notification requirements, the reputational costs of data breaches are rising in addition to their financial costs. Cyber resilience can reduce recovery costs by hastening the remediation process.
- Better Compliance Attitude: Nowadays, cyber resilience is promoted by a number of industry standards, governmental regulations, and data privacy laws.
- Increased IT Productivity: Improving daily IT operations, including threat response and ensuring smooth operations, is one of the underappreciated advantages of cyber resilience
- Increased Customer Trust: Adopting a cyber-resilience strategy increases the likelihood of responding to and surviving a cyberattack, minimizing the damaging effects on an organization’s customer relationships. As a result, trust is increased.
- Enhanced Competitive Advantage: Organizations with cyber resilience have an advantage over rival businesses.
What steps are necessary to achieve cyber resilience will depend on the variety of cyber resources an organization has (such as networks, data, workloads, devices, and people) as well as the threats to which they are vulnerable. Therefore, it is important to assess the tactics, techniques, and procedures (also known as TTPs) that hackers frequently use to take advantage of their targets before implementing cyber resilience measures.
For instance, endpoints are frequently used by hackers and other cybercriminals as a point of access to launch attacks that could infect an organization’s entire network or serve as a beachhead for lateral network movement. According to a Ponemon Institute survey, 68% of organizations experienced a successful endpoint attack in the previous year.
This finding suggests that security has been rapidly eroding in today’s work-from-anywhere environment despite widespread attempts to secure endpoints, necessitating the need for endpoint resilience, one type of cyber resilience. Endpoint Resilience gives organizations the ability to constantly monitor the location of their endpoints, implement strict security measures, and take protective measures against attacks on those endpoints, such as fixing damaged protective security software.
Cyber resilience can be used as a preventative measure to combat malicious intent, human error, and outdated, insecure software when properly implemented. Cyber resilience aims to aggressively safeguard the entire organization by encompassing all accessible cyber resources.