What Is Cyber Resilience?
Cyber resilience is your ability to anticipate, recover from, and adapt to adverse conditions, stresses, attacks, or compromises on systems that use or are enabled by cyber recourses. In other words, it prepares you for cyber attacks.
Furthermore, a business or organization is cyber resilient when they can prepare and defend against cyber threats such as viruses, hackers, ransomware, trojans, etc. To be cyber resilient, a business must also have a plan in place to prevent a breach and can continue its day-to-day tasks during and after a cyber attack.
Cyber resilience exists due to the increased threats businesses and organizations now face.
What are the five pillars of Cyber Resilience?
Identify
Assess the risks and weaknesses of an organization and strategize methods of cyber resilience.
Protect
Utilize the most current protective technology and provide security awareness training and access control to employees.
Detect
Monitor your network using the most effective technology and detect anomalies and events that could lead to catastrophic failure.
Respond
Plan an effective response for a breach and communicate improvements to mitigate risk throughout a organizations network.
Recover
Proactively recover your data and communicate the weaknesses to prevent another.
What are the benefits of Cyber Resilience?
Business Reputation Protection: If a breach occurs and a customer’s data is released, it could irreversibly damage the organization’s reputation.Â
Minimize Monetary Loss: With the average ransom fee skyrocketing from $5000 (2018) to $200,000 in 2020 your company’s data is big business for hackers and cybercrime.Â
Increased System Security: Not only does cyber resilience reduce the impact of an attack, it also improves employee awareness, boosts security, and increases data protection efforts.Â
Improved Consumer Trust: Consumers are more likely to buy and invest in companies that practice cyber resilience.Â
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