Cybersecurity leaders globally are exploring opportunities to strengthen their cybersecurity posture and improve their threat response mechanism to recover from cyberattacks effectively.
Cybersecurity analysts, system integrators, and other security professionals are always concerned about what will happen if their organization suffers a successful data breach. Rather than completely focusing on keeping the network secure from threat actors, organizations should also have an effective threat response strategy to minimize the impact. Most cybersecurity industry veterans have adopted a cyber-resilient security posture to cope with the evolving cyber threat landscape. However, a few SecOps teams do not clearly understand cyber resilience and how to compare it with traditional cybersecurity practices.
Cyber resilience is the organization’s capability to predict, stay prepared, survive, recover from, and adapt to unfavorable conditions, such as cyberattacks or compromises on systems or devices that resources use, or are enabled by cyber resources. There is an increase in the demand for cyber-resilient business networks. The cyber security leaders have understood that traditional security measures have become obsolete compared to the current threat landscape. Traditional cybersecurity defense posture can no longer secure systems, data, and the business network from compromise.
A cyber-resilient security posture aims to ensure that an unfortunate cyber incident does not negatively impact or have minimal impact on the privacy, integrity, and continuity of an enterprise’s business operation.
Cyber Resilience Benefits
Enterprises of all sizes, types, and industries need a resilient cybersecurity strategy to ensure business continuity. Moreover, embracing a resilient cybersecurity approach can offer many benefits before, after, and during a cybersecurity incident. Following are a few benefits of implementing a resilient cybersecurity posture
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Strengthening the Security Posture
Organizations that embrace cyber resilience will help them to respond effectively and survive a sophisticated cyberattack. Additionally, this cybersecurity posture enables enterprises to enhance their IT governance, strengthen security for critical assets, optimize data protection efforts, and reduce human error.
Minimize Financial Loss
The average data breach cost increases because of evolving privacy laws worldwide. Additionally, other financial costs related to the harm to the brand image and other business disruptions because of a cybersecurity breach cannot even be calculated. Designing and enforcing cyber-resilient security strategies will enable organizations to reduce the recovery cost and quickly remediate the attack.
Strengthen Compliance Posture
Based on the industry the business deals in, it must comply with multiple industry standards, regulatory body or government regulations, and other data privacy laws to ensure customers’ right to privacy. Embracing a cyber-resilient security mechanism will enable organizations of all sizes, types, and industries to strengthen their compliance posture.
Improve IT Team’s Productivity
Implementing a resilient cybersecurity posture is an effective way to optimize the workflows to improve and streamline daily IT operations.
Increased Customer Trust in the Brand
One another benefit of Implementing a cyber resilience cybersecurity strategy is that it helps to improve customer trust. A cyber-resilient security posture effectively responds and survives a sophisticated cyberattack, minimizing the impact on organizations’ client relationships.
Get a Competitive Edge in the Industry
Organizations that embrace a cyber-resilient cybersecurity posture will get a competitive edge over their competitors who do not implement such strategies.
Challenges to Develop Cyber-resilient Security Posture
Reaching a cyber-resilient stage can be difficult for businesses because they lack real-time visibility into their network and critical assets. Most organizations lack visibility into their critical infrastructure because of the evolution of the threat landscape.
SecOps teams might not even have a clear understanding of what assets to protect and the potential ways that cybercriminals can exploit the business network to accomplish their malicious intent. Moreover, many teams might not even understand whether their security posture is sufficient to stay secure against the current cybersecurity landscape or the gaps in their cybersecurity strategy. Security teams cannot respond to real-time threats because they depend on manual ways to identify and mitigate risk.
SecOps teams must evaluate their current capabilities and the threats or risks they are susceptible to. The organization must define a cyber-resilient strategy that aligns with its needs. Cybersecurity teams must implement a cyber-resilient strategy based on evaluating the strategies and techniques that hackers commonly use while exploiting their victims.
Essential Steps to Strengthen Cyber Resilience
Cyber resilience is not a traditional cybersecurity approach. Following are a few steps that cybersecurity leaders can consider to strengthen cyber resilience for their organizations.
Get Real-time Visibility into the Entire Business Network
One of the initial steps toward a cyber-resilient organization is to have real-time visibility into the entire IT infrastructure. SecOps teams can get better visibility into their business network by determining all the IT assets and vulnerable critical assets at risk. Security teams need to better understand the asset’s context with the business operations and other associated vulnerabilities and risks. Designing and enforcing cyber risk quantification dashboards will offer better visibility into the enterprise’s risk in financial terms. This approach will allow the decision makers to prioritize the risk mitigation strategies based on their impact on finances and business disruption.
Moreover, an effective dashboard will offer better visibility into the effectiveness and efficiency of the implemented security controls.
Involve the Board Members in Cyber Resilience Discussions
Adopting a cyber-resilient security posture will require significant investment, resources, and effort. Educating the board members about potential breach risks and their impact will help get them on board to develop a stringent cybersecurity plan. The SecOps teams must get a sufficient budget allocated and utilize it wisely to improve resiliency in their IT infrastructure against sophisticated cyber threats or risks.
Also Read: The Imperative of Customer Trust in Cybersecurity
Recruit and Retain Top Cyber Security Talent
Most SecOps teams must deal with organizational challenges like a shortage of skilled cyber security talent to assist operational and technical activities. The cybersecurity industry has a tremendous skill gap, and many businesses struggle to find and retain the right resource. One of the best ways to overcome the cybersecurity talent gap is to upskill the existing resources according to the organization’s needs.
Moreover, it is crucial to implement the right tools in the cybersecurity tech stack, like artificial intelligence (AI), automation, and machine learning (ML), to reduce the workload on the resources to improve employee retention.
Achieving cyber resilience can be difficult for many organizations because of evolving threat landscape and increasing sophistication of cybercriminals. Security leaders can consider the strategies mentioned above to improve resiliency in their cybersecurity posture.
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