A new way of looking at cybersecurity. It's about being prepared … not bulletproof!
The standard cyber-security model for SMBs is changing.
The current model sees organizations worldwide (including SMBs here in the Twin Cities) to invest billions of dollars in cyber-security protections. And yet, massive breaches continue to occur. It is a concern when companies continue to spend billions of dollars each year on cyber protections, and losses in 2021 are expected to hit over $6 trillion.
These numbers just don't add up, and these numbers are forcing a change in the the standard model of cyber security.
Typical cyber security measures are trying to solve only one of two big problems
Current cyber security solutions focus on "keeping people out”, and that is a good thing. The problem is that additional effort needs to be spent on the actions that need to be taken once a breach happens … because (as we discussed above) breaches DO HAPPEN!
Redefining cyber security
Core cyber security tools like anti-malware and firewalls are still very necessary, as their purpose is to identify and block as many cyber threats as possible. Perimeter defenses still have GREAT value.
However, they aren't enough on their own.
The new cyber security paradigm can be described as "cyber-resilience" and includes technologies with perimeter defenses at their core. But cyber resilience also addresses proper systems and protocols that must be present and active for instances when your organization is breached.
What is cyber resilience?
Cyber resilience is all-inclusive and addresses your organization's strength as it prepares for, deals with, and possibly recovers from a cyber attack. Cyber Resilience relies on your ability to anticipate, identify, detect, protect, respond, and recover quickly from a cyber event.
Cyber resilience combines cyber-security, business continuity, and incident response
Cyber resilience vs. cyber security
The difference between cyber-security and cyber resilience comes down to the expected outcomes of each.
Cyber security: Enables the highest levels of protections for your network, but does not assume a breach. Because of this, cyber security is not inherently resilient … and in today’s world, this is not enough!
Cyber resilience: Cyber resilience recognizes that technology systems will always have weaknesses that are exploitable. Cyber resilience has a much bigger scope and includes cyber-security and business resilience. Cyber resilience focuses on instances when your company is disrupted by successful cyber attacks. This concept helps SMBs prepare, respond, and successfully recover from these events.
The six elements of a successful cyber resilience strategy
Includes the use of attack surface management, continuous monitoring to identify irregularities and breaches before they cause any significant damage
A good cyber resilience strategy protects your system, your applications, and your data. You need to ensure that only authorized users can access your system.
You need the ability to detect when someone is trying to act maliciously against your systems and can come externally or internally.
You also need to develop an incident response plan, identifying roles and responsibilities to ensure you can operate normally even after a cyber-attack.
Ability to quickly restore digital and technology platforms and adapt and recover mission-critical systems to avoid disruption
You want to rely on automation, machine learning, and adaptive cyber-threat detection to address future threats.
Closing thoughts on Cyber Resilience
Cyber resilience is an organization-wide strategy that actively monitors threats, risks, and weak points. It is a collaborative strategy that extends to everyone your company connects with.
Organizations should keep in mind that cyber security is not the same as cyber resilience. When cyber security fails, an organization must have a plan in place to assess the problem and have the ability to recover quickly.
If you have additional questions about cyber resilience, please reach out to your Account Manager or anyone at Imagine IT.