With the rapid surge in cyber-attacks, CISOs should strive to build an effective threat detection program to detect anomalies while streaming collaboration between multiple security teams.
Before the pandemic, many CISOs were trying to prevent the risk of cyber-attacks by enhancing their security posture with limited resources. However, the past couple of years have revealed that not taking cybersecurity seriously can have grave consequences. This has led organizations to reevaluate their priorities and heavily invest in cybersecurity.
According to a report from Kaspersky, titled “Cybersecurity in 2022: Budgets, Insurance and Vendor Relationships,” organizations are planning to increase their cybersecurity budget by more than 50 percent in 2022. CISOs can use this increased investment to strengthen their threat detection program. Many threat detection programs still lack important components that hamper their ability to extract value from it, so CISOs can pivot the increased investment they are going to receive to address it.
Here are a few ways that CISOs can build a successful threat detection program:
Streamline collaboration between multiple security teams
In many organizations, the threat intelligence, red and blue teams work in silos. Also, most organizations have established a culture among these teams where independent achievements are incentivized. However, the absence of collaboration between these teams prevents them from identifying threats that the other teams may have failed to uncover. This does not help the organization to strengthen its cybersecurity posture.
Therefore, CISOs should push for establishing a culture of prioritization. They should encourage collaboration between different security teams to work on prioritized threats while enhancing the threat detection program of the organization. This will enable the CISOs to create threat detection programs to increase the efficiency of cyber defenses and validate true-positive attack behavior while increasing productivity among different security teams.
Also Read: Achieving More Effective Threat Detection and Response with Cybersecurity Mesh Architecture
Develop a holistic incident response plan
Even after having necessary systems in place to avoid or prevent a cyber-attack, it is not possible to prevent all of them. Some security incident is bound to take place. Hence, CISOs should develop a robust incident response plan to minimize the damage from an attack. The incident response plan should also help them drastically decrease the recovery time to the absolute minimum while limiting the cost associated with it.
Having a set of instructions and procedures to follow in the event of a security incident can help CISOs to safeguard the business operation against the different types of reactive panic that only aggravate the situation.
Build the dream team
To effectively manage a threat detection program needs skilled security professionals. CISOs can leverage the increase to recruit a staff of security experts equipped with the knowledge of using advanced security tools; staff that can monitor alerts from the technologies as well as quickly identify the cause as well as proposed solutions for identified incidents.
Monitor the network
While it is not a new thing and has been a core aspect of the threat detection program, many can still detect threats effectively. CISOs should collect log as well as event data from every device while correlating that data across various devices to identify patterns that may reveal malicious activity. Also, effective monitoring involves regular scanning of the devices for vulnerabilities that find software that may be at risk for exploitation or systems that are not securely configured.
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