Never before has the world been so reliant on the vast proliferation of information technology that enables us to work from anywhere, at any time, on any network, or any device.
Given the current state of connectivity, it’s no longer a question of if but when a business will fall victim to a cyber attack. In 2021, the Harvard Business Review noted that “cyberattacks are inevitable” and asked the question every business needs to consider: Is your company prepared?
When you combine the increase in ransomware attacks with the number of employees who are now working in hybrid and remote work environments and then add the shortage in qualified IT talent, you have the makings for the perfect cybersecurity storm.
The Great Acceleration, a recent Aditi Consulting survey of 300 IT professionals, found that even though an overwhelming number of respondents (93%) feel their organization is well-positioned to identify and deal with current and near-future IT security/cyber-attacks, 27% said cybersecurity expertise was in high demand at their organization, while 22% said their organization will increase spending on cybersecurity in the year ahead.
Cybersecurity has become a major concern for organizations of all sizes and types, so much so that in 2021 U.S. President Biden signed Executive Order 14028, “Improving the Nation’s Cybersecurity” to support the nation’s cybersecurity and protect the critical infrastructure and Federal Government networks.
So, how do organizations protect themselves from the growing number of cyber threats? The answer lies in developing a comprehensive cyber strategy that focuses not only on cybersecurity measures, but also builds cyber resilience into processes and programs.
Think about cybersecurity vs. cyber resilience as the difference between taking a reactive vs. proactive approach to protecting and securing businesses operations and data.
With cybersecurity, organizations are focused on the most basic steps of a cyber strategy that includes developing disaster response and business continuity plans, as well as identifying and mitigating network vulnerabilities, and ensuring employees know how to protect themselves and the company from data breaches.
With cyber resilience, an organization is able to prepare for, respond to and recover from a cyber attack. It involves technology teams building security measures into the foundation of their network infrastructure and design. Cyber resilience can help limit the impact of an attack, and ensure an organization can not only continue operations but also execute the organization’s most critical functions.
Organizations that have implemented a cyber strategy that focuses on resilience, in addition to cyber security are able to:
Increasing cyber resilience means mitigating the damage of a cyber-attack on an organization’s brand, reputation, and most importantly, its bottom line.
The National Institute of Standards and Technology recently updated its framework on how to develop a cyber-resilient system:
If cybersecurity is about reacting, cyber resilience is about anticipating. As cyber-attacks become more sophisticated and common, organizations will need to take an agile and managed approach to update their current infrastructure to one that embraces cyber resilience.
Just as hackers continue to adapt and evolve, so too should organizations when it comes to protecting themselves against cyber attacks.
Do you need help in developing a cyber strategy that encompasses a comprehensive approach to cybersecurity and cyber resilience? Aditi Consulting can help. Contact us to learn more today.