Why Cyber Security Strategy is Important

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With so many people working from home nowadays, the risks of being scammed or hacked are higher than ever. That’s why cyber security is a must. The article below discusses how to develop an effective cybersecurity strategy. 

Cyber attacks have evolved dramatically over the years. Criminals now use incredibly advanced and sophisticated tools to carry out their unsavoury deeds. This has resulted in a rise in phishing attempts, ransomware, SQL injections, DoS attacks and more.

No longer can organisations simply set up a firewall or install an antivirus and consider it “done.” With the nature of attacks escalating, even the most well protected networks may still have vulnerabilities.

Considering that 61 percent of SMBs have experienced some sort of cyber attack within the last year, action clearly needs to be taken.

One of the best ways to go about this is to develop an effective cyber security strategy.

What Exactly is a Cyber Security Strategy?

This is a plan of action designed to maximise the security and resiliency of your organisation. It uses a top-down approach to establish a set of objectives and protocols to help keep you safe.

It outlines the duties of individuals within your organisation and defines who’s responsible for what. This type of strategy also addresses what will take place in the event that an incident does occur and how you’ll respond.

Lastly, it recognizes the fact that cyber threats are continually advancing and devises ways to adapt so that you’re always improving your security.

When done correctly, a cyber security strategy will align with strategic business goals so that everything works together holistically to make your company more efficient.

Some of the key benefits are:

You Gain a Deeper Understanding of Your Risk

The average business attack surface has grown significantly in recent years. This is due to many factors including the prevalence of cloud computing, increased use of mobile devices, IoT, wearables, etc. So organisations have to be more diligent than ever.

A critical component of cyber security is understanding the threat landscape and knowing where vulnerabilities lie.

Developing a cyber security strategy allows you to better understand your current environment and profile so you know how your organisation stacks up. By identifying inadequacies and vulnerabilities, you’re able to make the necessary modifications to get to where you need to be.

While you can never eliminate threats entirely, this is a big part of reducing your risk.

It’s Inherently Proactive

It may sound pessimistic, but organisations need to plan for the worst. Being reactive rather than proactive is one of the main reasons why SMBs fall victim to attack.

Often there’s a false sense of security that “it’ll never happen to us” and cyber attackers only target large organisations. But this simply isn’t the case, and getting sucked into this type of mentality is just setting the stage for disaster.

A big part of a cyber security strategy’s potency lies in its proactivity. It inherently involves an “if” rather than a “when” mentality, where there’s perpetual monitoring and maintenance taking place.

Rather than waiting for cyber criminals to strike, this puts organisations in a position to stay ahead. Some specific ways this is achieved is with:

  • Penetration testing – Includes web application, mobile app, network and infrastructure testing
  • Security vulnerability scans – Looks for defects and misconfigurations that make a network susceptible to attack
  • Business continuity planning – Accelerates recovery and reduces downtime
  • Managed security – including active logging and monitoring of networks for security incidents

It Enables Early Detection

Early threat detection is one of the primary goals of all IT teams. With rapid advancement in cyber attacks, it’s all about having equally advanced defence mechanisms in place.

After all, the earlier you’re able to identify an anomaly such as malicious code in your database, the better your odds are of resolving it. Read full article here: Why Cyber Security Strategy is Important

Suggestion sent by : Seamus Flynn

Seamus Flynn is a  Director of Kontex Cyber Security.  Kontex is one of Europe’s leading Cyber Strategy and implementation companies.  Kontex focuses on delivering the highest level of technical expertise and support to our clients.  We have established strong bonds with our clients to become is a trusted extension of their security teams.  Formed in Ireland by a dynamic team of both senior engineers and strategy leaders from top cyber firms and global advisory practices, Kontex has grown to become a leading supplier of Security Technologies and Data Protection services to organisations globally.

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