No business is entirely safe from cyberthreats. The ways in which attacks occur are continually changing, and any oversight may expose a business to risk. Therefore, developing cyber resilience is essential for maintaining business operations.
Cybersecurity now includes not just the prevention of cyberattacks but also preparing a business to respond to and recover from incidents that may take place.
Achieving cyber resilience involves several challenges, which will be discussed in this blog. First, we examine the reasons businesses should implement cyber resilience.
Why is cyber resilience important?
The following points outline the significance of cyber resilience for businesses:
Protection: Losing access to key data or systems without contingency measures can have serious consequences. Cyber resilience helps safeguard business assets against such risks.
Continuity: Maintaining critical operations during disruptive events is necessary. Cyber resilience supports operational continuity, even under adverse conditions.
Reputation:
Compliance: Adopting resilience practices helps organisations comply with regulatory standards and avoid potential legal issues.
Challenges in achieving cyber resilience
Many organisations encounter difficulties when building cyber resilience. Below are common obstacles along with approaches to address them:
1.Evolving Threat Landscape:
Ways to stay protected:
Regularly apply patches and update software.
Monitor the latest developments in cybersecurity.
2.Resource Constraints:
Strategies to optimise resources:
Provide cybersecurity training to staff.
Evaluate opportunities to engage external IT service providers.
- Complexity: Integrating cyber resilience throughout an organisation can be complex, especially without specialised expertise.
How to simplify:
Adopt established frameworks such as the NIST Cybersecurity Framework.
Utilise automation and accessible security tools.
- Awareness: Security measures are ineffective if employees lack awareness of risks. Training can help mitigate this issue.
Steps to improve awareness:
Enforce strong password policies.
Require regular security training for all personnel.
Developing cyber resilience
Building cyber resilience requires ongoing effort, dedication, and adaptive strategies.
Organisations may choose to work with IT service providers to strengthen their cyber resilience.
For further information about enhancing your organisation’s cyber resilience, contact our team to schedule a consultation.