The main benefit of an effective cyber security incident response strategy is obvious. The stronger your defense to potential attacks, the lower the chances of your sensitive data falling into the wrong hands. But a good IR isn’t just about protection. If it’s built strong enough, your cyber-security strategy can actually add real, quantifiable value to your organization as a whole. Here’s how.
Improved Operational Efficiency – How much time is your IT staff spending chasing down potential incidents that turn out to be false positives? How much resources are wasted on a regular basis trying to remediate problems and get critical systems back up and running? The right cyber security incident response strategy, particularly one that leverages automation, can help eliminate the false-positive conundrum and allow a more proactive approach that prevents outages from occurring in the first place.
Better Allocation of Resources – Even the most highly skilled IT professionals can’t be on 24/7/365. What’s more, the bigger the organization, the greater the number and frequency of incoming attacks. Fatigue and human error can put a huge damper on the process of cyber security incident response, often leading to even bigger problems above and beyond those that are caused by the incidents themselves. When automation is incorporated, these issues are eliminated and human capital can be better leveraged for greater business benefit.
Reduced Costs – How much is your organization currently investing in incident management? Chances are, if your IT is handling this task through manual processes or using antiquated systems, you’re wasting valuable revenue and getting little to no return. With automated cyber security incident response, the costs associated with managing incoming threats can be greatly diminished. That savings can then be applied to other key business initiatives, such as growth or expansion.
Stronger Market Reputation – Think about the world-renowned brands that were recently in the news thanks to a successful cyber-security breach. Such reputational damage can take years to recover from. Some organizations are never able to bounce back. By making cyber security incident response a priority, you can keep your company’s name out of the negative headlines and maintain a greater degree of trust within the marketplace.
Of course, the main purpose of incident response is to protect your company’s assets from would-be criminals. The good news is, with the right strategy, you can achieve much more than just a more secure cyber environment. You can actually strengthen and improve the overall strength, performance and reputation of your company as a whole.