How to Build a Cyber-Resilient Company From Day OneHow to build a cyber-resilient company through risk identification, development of a comprehensive cybersecurity strategy, implementation of proactive and reactive defenses, and employee training.

ByJim Koohyar Biniyaz

Key Takeaways

  • 进行网络安全风险评估
  • Developing and maintaining a cybersecurity strategy
  • Implementing proactive and reactive cybersecurity measures
  • Providing thorough employee training

Opinions expressed by Entrepreneur contributors are their own.

As businesses enter a new digital era marked by rapid innovation and interconnectedness,cybersecurityceases to be an add-on and has transformed into a critical necessity. The digitization of business operations has amplified efficiency and accessibility, but it has also increased vulnerability to a wide range of cyber threats. With the evolution and escalation of these threats, the concept of cyber resilience has become more salient than ever.

Cyber resilience refers to the ability of an organization to persistently deliver expected outcomes in the face of adverse cyber events. It's not only about preventingcyber attacksbut also how your company responds and recovers when these incidents inevitably strike. Building a cyber-resilient company is a journey that involves thorough risk identification, development of a comprehensive cybersecurity strategy, implementation of proactive and reactive defenses, and thorough training of your team. Each of these steps deserves careful attention and consideration.

Related:Combating Cyber Crime: Your Company Needs To Be Resilient

Risk assessment

Every journey towards cyber resilience begins withrisk assessment. It sets the foundation for your strategy by helping you understand your current status, exposing vulnerabilities and defining the potential implications of varying cyber threats. In a nutshell, a risk assessment consists of identifying your valuable assets that could be potential targets, such as hardware, software, data, networks and personnel.

Next, you need to pinpoint the threats that these assets might encounter and the vulnerabilities that could be exploited. Then, these risks must be evaluated and prioritized based on their severity. This step is iterative and should be repeated frequently to account for new assets, emerging threats and detected vulnerabilities.

Develop and maintain a cybersecurity strategy

Having grasped potential risks, your next move is crafting a holistic cybersecurity strategy that mitigates them. Your strategy should kick off with a gap analysis, which juxtaposes your currentcybersecurity measures对所需的状态。在这里,你essentially comparing your existing practices with industry standards or frameworks such as NIST or ISO 27001 to identify any gaps.

差距分析是一个彻底的风险后肛门ysis, diving deeper into each risk identified during the risk assessment. This allows you to comprehend the nature of each risk better and informs the appropriate response measures. Additionally, as part of your strategy, you need to formulate a backup and recovery plan. Regular backups are instrumental in recovering data lost or compromised during a cyber incident. This plan should delineate whatdata should be backed up, how frequently it should be backed up and the process of data recovery during emergencies.

A robust cybersecurity strategy also includes an incident response plan, which outlines your organization's response in the face of a cybersecurity incident. It should cover who does what, the escalation procedures, communication strategies and steps for analyzing and learning from the incident. Lastly, conducting regular cybersecurity audits is essential to gauge the effectiveness of your security measures, identify weaknesses in your defense and inform necessary improvements.

Implement proactive cybersecurity measures

A robust cybersecurity strategy must be proactive, constantly identifying and addressing threats before they materialize. This involves staying updated with the latestcybersecurity threats and trends, which allows you to anticipate potential risks and enhance your defenses accordingly. Regular updates and patching of your systems and applications can prevent security vulnerabilities from being exploited.

Implementing strong access controls is also crucial. Ensure employees only have access to the data they need to perform their roles to limit the potential damage in case of a compromised account. Additionally, employing Multi-Factor Authentication (MFA) adds an extra layer of security by requiring additional credentials beyond just a password.

Related:Why Startups Should Consider A Cyber Resilience Strategy

Implement reactive technical defenses

Despite your best proactive measures, some cyber threats will infiltrate your defenses. Reactive defenses, such as firewalls and antivirus software, help to minimize damage when these incidents occur. Firewalls monitor and control incoming and outgoing network traffic based on predetermined security rules, forming the first line of defense against cyber threats. Antivirus software complements firewalls by detecting, preventing and removing malicious software.

Intrusion Detection and Prevention Systems (IDS/IPS) monitor your network for suspicious activities and potential threats, alerting you to a potential attack and, in some cases, taking action to mitigate the threat.Encryptionis another valuable reactive measure that involves making your sensitive data unreadable to anyone without the appropriate decryption key, thus protecting it even if it falls into the wrong hands. Security Information and Event Management (SIEM) systems provide real-time analysis and reporting of security alerts generated by applications and network hardware. They help detect incidents early and respond promptly.

Employee training

Human factors are often the most vulnerable link in an organization's cybersecurity defenses. Aware of this, cyber criminals tend to target employees with tactics like phishing. As such, thoroughemployee trainingis a vital part of building a cyber-resilient company. Employees should be made aware of their role in maintaining cybersecurity through regular awareness training, which covers common threats, safe online practices and the importance of security protocols.

Depending on their roles, some employees may require specific cybersecurity skills, such as understanding how to use security tools, identifying and responding to specific threats or handlingsensitive datasecurely. Regularly conducting simulated attacks, such as phishing drills, can help employees understand what a real attack might look like and how they should respond.

Cyber threats are always evolving, and as such, your training should promote continuous learning and stay updated with the latest threats and defenses. Building a cyber-resilient company is a journey rather than a destination. It requires continuous effort, learning and adaptation. However, the payoff is immense: Not only does it protect your organization from devastating cyber attacks, but it can also confer a competitive edge. In an increasingly connected world, customers, partners and investors highly value organizations that take cybersecurity seriously.

Related:Cybercriminals Aren't Just Attacking Your Software — They're Coming for Your Employees. Level Up Your Company's Cybersecurity With These 4 Steps.

In summary, cyber resilience is the ability to maintain your business operations despite adverse cyber events. It involves a rigorous risk assessment, crafting a comprehensive cybersecurity strategy, implementing both proactive and reactive measures and training your employees. By fostering aculture of cybersecurityacross all levels, businesses can not only shield themselves from potential threats but also establish a level of trust with their customers, assured that their sensitive data is in safe hands. In a world where data breaches are becoming increasingly commonplace, building a cyber-resilient company is an investment in your company's long-term sustainability and success.

Wavy Line
Jim Koohyar Biniyaz

Entrepreneur Leadership Network® Contributor

CEO and Co-Founder of ResilientX Security

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