One only needs to read the latest headlines in the news to recognize the serious threat cyber security incidents can have on a business. With big-name retailers and financial service providers being at the top of the list, it’s becoming more evident that even companies that are smaller and in various industries must properly plan for potential security breaches. That being said, let’s take a look at how the right cyber security incident response plan can help you prepare for and deal with attacks in the most timely and effective manner.
First, establish a plan. As in most cases, when it comes to protecting your company’s sensitive data, the best defense is always a good offense. To that end, a detailed and comprehensive cyber security incident response plan should be developed and put in place ahead of time, before any potential breaches occur. The more prepared you are, the better you’ll be able to mitigate your damages.
Next, prioritize your assets. While ideally you’d like to protect your entire business from damages incurred in the event of a cyber-attack, in reality doing so will probably be way too costly and labor-intensive. For that reason, your cyber security incident response plan should identify and prioritize the key assets of the business. This way, if and when a breach occurs, the appropriate steps can be taken to protect those assets that are most valuable.
Make sure you have the right tools in place. As we learned from last year’s Target debacle, simply having a detection strategy in place isn’t enough. You also need a system that will swiftly identify, assess and prioritize threats as well as notify the appropriate parties so the proper action can be taken. This is where automation can help, as it can enhance existing alert systems and create a more closed-loop process.
Your cyber security incident response plan should also contain a variety of what-if scenarios and proposed solutions so that if and when a breach does occur, the appropriate response can be deployed in the quickest and most effective manner possible. The more you are on top of incoming threats the less likely you’ll be to suffer catastrophic damages.
Finally, be sure to keep detailed records. Not only will this information help law enforcement should they need to do an investigation, but keeping track of significant security incidents will help you develop best practices and hopefully improve your strategy moving forward.
Like it or not, cyber threats are becoming more and more common and they’re also getting more sophisticated by the day. To avoid becoming a victim, businesses of every shape, size and industry must take the appropriate measures to proactively prepare for such an occurrence. By applying the above tips, you’ll be able to develop a sound cyber security incident response plan that will keep your assets and your reputation safe from harm.