Timely points made in this article by Dominic Keller, CISSP, Global Head of Cyber Services atΒ QBE, about strengthening cyber defences and maintaining organizational resilience in an ever-evolving cyber threat landscape.
WHAT IS THE RISK?
Risk #1: Theft of sensitive corporate informationΒ as well asΒ sensitive customer data as a means of extortion. This exposure can cause significant financial losses, as well as damage your brand and erode the trust of your customers.
Risk #2: Your companyβs cyber risk extends beyond your own network. Technology supply chainsΒ are vulnerable to cyber attacks on core technology systemsΒ used by many organizations. With the increasing interconnectedness among the majority of businesses, a security vulnerability in one organization can put many other organizations at risk.
WHAT IS THE GOAL?
Goal #1: Reduce the risk of a cyber incident.
Goal #2: Improve the outcomes if an incident does occur.
HOW DO YOU BUILD CYBER RESILIENCE?
The article recommends the following best practices:
Best Practice #1: Assessment - Assess your organizations security measures, with an emphasis on the systems you rely on to support your core business functions.
Best Practice #2: Awareness Training - Train your employees to recognize and respond to potential cyber incidents.
Best Practice #3: Technology Protections - Implement robust technical defenses.
Best Practice #4: Business Continuity - Conduct proactive incident response planning focusing on business continuity in case your key information systems are unavailable.
Best Practice #5: Third-Party Risk Management - Thoroughly assess the security maturity of the organizations in your supply chain vendors and partners.
Best Practice #6: Insurance - Transfer the residual risk through insurance.
One element we would add to this great list is:
Policies - Create and implement a full suite of security policies (including Incident Response Plan, Acceptable Use Policy, IT Asset Management Policy, Remote Access/WFH, etc.)
Read the full article here: https://t.co/Cc8VQ4SNv7
Ian Kirby, CEO of the National Cyber Resilience Centre Group (NCRCG) and Detective Superintendent in UK law enforcement, returns to The Digital Trust Podcast to explore how National Cyber Resilience Centres (NCRCs) are reshaping cybersecurity for SMEs. In this episode, Ian delves into the benefits of having a local, trusted support system for small businesses and how these centers are driving impactful change by offering crucial resources to businesses of all sizes. Whether you're a business leader or a cybersecurity expert, this episode offers practical insights into building stronger resilience in todayβs digital landscape.
#CyberResilience #NCRCG #SMEProtection #CybersecuritySolutions #IanKirby
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