This is why incident response programmes are an essential element of any security program. In the event of an attack, communication is the baseline for any mitigation strategy to reduce the cost of the incident. Incident response (sometimes referred to as cybersecurity incident response) centres around an organisation’s processes and technologies used to detect, respond to, and mitigate any cyber threats, security breaches, or attacks.
Entities of every size and in every industry are potential targets for threat actors. In fact, when it comes to breaches, the common wisdom today, is that it’s no longer a case of ‘if’, but ‘when’, and ‘how often’.
This is why incident response programmes are an essential element of any security program. In the event of an attack, communication is the baseline for any mitigation strategy to reduce the cost of the incident. Incident response (sometimes referred to as cybersecurity incident response) centres around an organisation’s processes and technologies used to detect, respond to, and mitigate any cyber threats, security breaches, or attacks.
The goal of incident response is to anticipate and prevent an attack before it happens, and to minimise the cost and business disruption that is the inevitable consequence should a successful breach take place.
For any incident response to be effective, a formal incident response programme (IRP) needs to be put in place. This plan should specify exactly how various types of cyber attacks can be identified, contained to limit damage, and finally, resolved.
Having an effective incident response plan in place can help security teams detect and contain any threats and restore systems that might be affected more rapidly, which limits the chances of lost revenue and productivity, as well as stiff fines imposed by regulators.
Moreover, a programme can help to reduce other costs associated with cyber attacks such as data recovery, legal fees, as well as reputation damage and loss of customer confidence which are impossible to put a price tag on. This should never be underestimated, as research reveals that businesses with incident response programmes that were regularly tested, boasted an average data breach cost USD 2.66 million lower than that of companies without incident response programmes.
To unpack the importance of incident response, itrainsec will be conducting training on ‘Crisis Communications: Data Breach Mitigation Strategy’, aimed at giving attendees a deep understanding of the nature of cybersecurity incidents using insights delivered by industry-leading cybersecurity expertise.
The trainer, Denis Makrushin is a security researcher and consultant that has spent much of his career focused on vulnerability assessment and product security. He has worked for Ingram Micro as the Head of Application Security, and built and implemented a product security program for an enterprise-scale platform used by companies from the Fortune 100 list.
More recently, as a Security Researcher with the Global Research and Analysis Team at Kaspersky, his attention was focused on vulnerability research and security assessment of emerging technologies.
During the training, delegates will learn about the decision-making process, management, and the communication strategies used to mitigate business and reputational impact during times of corporate crisis, and will emerge with a ready-to-use incident management plan.
For more information, and to book, click here.
Every organization with IT-infrastructure is a target of cyber-attack. According to public statistics, more than 80% of the business is affected by cybersecurity incidents, and it doesn’t matter what the industry or level of the business. Incident response procedures are necessary for any security program, but when an attack starts communication is the baseline for mitigation strategy to reduce cost of the incident.
We developed the training to enable organization leadership to perform right decisions and actions during data breach incidents. During the training we will establish an incident communication plan taking into account the organization leadership and security program maturity. Based on the plan and real-world cases we will handle the incident and will go through the different data-breach scenarios to realize the plan from initial step to the end of the crisis.
Key takeaways:
- Deep understanding of the nature of cybersecurity incidents using insights delivered by industry leading cybersecurity expertise
- Decision making process and management and communication strategy to mitigate business and reputation impact during corporate crisis
- Ready-to-use incident management plan