At its most basic level, Cyber incident response refers to how a corporation responds to and manages a cyberattack. In this day and age, having a good and thorough incident response plan in place is not only vital but mission-critical.
Twitter was hacked by a group of three attackers in July 2020, who took control of popular Twitter accounts. They utilized social engineering tactics to obtain employee passwords and gain access to the company's internal management systems.
A data breach at Marriott's Starwood Hotels exposed the personal information of over 500 million customers in November 2018. It was discovered that the assault began in 2014, and it was one of the most significant known data breaches at the time.
These instances with Twitter and Marriott are some of the well-known examples of cyber-attack. I know what you're thinking. If biggies like Marriot and Twitter became victims, how will others fare?
This goes to show how important incident response is. Any incoming dangers must be defended against, contained, and controlled by businesses, big or small.
Companies must be prepared because a lack of preparation can be disastrous. Faulty, late, or poorly managed incident response can result in a loss of money and difficulties that harm a company's culture and reputation.
So, to guide you, here are some steps to an effective incident management response:
1. Be prepared
It's a crucial part as businesses must be ready for a security breach, which can occur due to various threats. Organizations can better understand their team's response capabilities by preparing ahead of time.
2. Identify the problem
When the IT security team detects a breach, they can respond promptly and effectively. Multiple threat intelligence streams, intrusion detection systems, and firewalls are used to identify breaches. To assess the affected systems and the entire breadth of the breach, IT personnel collects event information from log files, monitoring tools, and error messages.
3. Create playbooks
A mature incident response team's playbooks are its lifeblood. While each security incident is unique in some respects, the reality is that most occurrences follow predictable patterns and could benefit from standardized responses.
4. Cohesive response
Efforts to respond to incidents necessitate a high level of communication across various groups within the organization and external parties. The incident response communication plan should specify how these groups will collaborate during an active occurrence and what information will be communicated with internal and external responders.
BCM next can help you craft an incident management response that's provides greater assurance to overcome threats of cyberattacks. An effective and valuable incident management response is possible through the digital ease of BCM next.
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