With the rising threats from malware, phishing and high-tech threat actors, cybersecurity is top of mind for businesses of all sizes. To successfully mitigate the risks of becoming a victim, businesses need to have a strategic approach taking into account all the different areas of cybersecurity from prevention to recovery.
Having a complete, thought out cyber security strategy, that is appropriate for your business, will not only provide peace of mind to you but will also give peace of mind to your clients, partners and employees when it comes to protecting their data.
What is Cyber Resilience?
Cyber resilience is defined as the ability of a business to prepare for, respond to and recover from cyber attacks. It is a strategic way of looking at cybersecurity which allows businesses to continue to operate and serve their clients which includes prevention, detection, control and recovery.
Five areas of Cyber Resilience
There are five areas that need to be looked at and assessed in order to develop a framework to make a business cyber resilient.
1. Identify
Knowing what’s connected to what and which functions are critical is essential. Which assets are critical assets, systems and data and how do they interact with each other? Who supports them?
2. Protect
The goal with this step is having the appropriate security solutions and services to protect the environment and endpoints from potential threats.
3. Detect
This step requires the monitoring of your environment to detect out of the ordinary activity. The goal is to mitigate any potential data breaches before they occur.
4. Respond
This entails responding to a security breach. This is where having a solid cyber incident response plan is important because it allows the business to operate while the breach is being dealt with.
5. Recover
The last element of a good cyber resilience framework is recovering from an incident. This means restoring affected assets and the timely return to normal operations.
Benefits of Cyber Resiliency
There are many benefits to having a cyber resilient business. The main ones include:
- Maintaining the integrity of your business
- Enhanced system protection
- Enhanced trust from clients, partners and employees
- Reduced losses due to security breaches
Conclusion
While the scope of a cyber resilience framework will be vary depending on your business, the importance and benefits of having a cyber resilient business is important no matter the size.
For most businesses the task of building such a framework can be daunting. Working with a trusted technology service provider can help build the framework, advise and recommend the right protection and detection solutions and services and help you execute your recovery plan when the need arises.
Contact your local MicroAge to discuss how we can help your business become cyber resilient.
5 Benefits of an Optimized IT Infrastructure
Is your current IT infrastructure helping your business thrive in its industry or creating obstacles for growth? If you’re still not using cloud technologies to…
3 Critical Cyber Threats For Businesses in 2019
Malware, vulnerabilities, and social engineering are some of the main concerns for IT security professionals. Although the tactics used to target businesses and individuals are…
3 Advantages of Using Cloud Infrastructure
Everyone knows that cloud computing is a hot trend, and its adoption should only increase over the next few years. According to one study published…
Using Managed IT Services to Help Your Business Grow
The Business Development Bank of Canada released the Digitize Now: How to Make the Digital Shift in Your Business study last October. They surveyed more…
How to Maximize Your IT Assets
Productivity gains, competitive advantage, and better customer service are just a few reasons why companies should invest in technology. However, not all software and hardware…