Did you know that worldwide cybercrime will result in over $6 trillion in damages by the year 2021? Victims of cybercrime range from large enterprises to small businesses, with the latter covering over half of the registered incidents according to Verizon’s 2018 Data Breach Report.
Digital integrity is a top priority for any modern business, but before your company can start developing strategies and tactics for protecting itself, you should first ask: what is cyber resilience?
Cyber resilience is a company’s ability to manage the consequences when affected by a cyberattack or data breach. It encompasses all the security policies and protocols your business undergoes when an online threat passes through your cybersecurity defenses.
A robust cyber resilience policy means the company can fulfill its usual tasks while resolving the issue. The main components of cyber resilience are recovery and adaptability.
How well can your business return to its normal state after the effects of a cyberattack? To minimize lasting damage, deploy cyber resilience training for all employees, even those outside of the IT department. You may use simulations of real-world breach scenarios to obtain the most relevant, first-hand experience.
With enough practice, your employees will have the confidence needed to deal with security issues, such as informing clients, working with management, communicating with shareholders, and ensuring smooth operations afterward.
Companies need to adapt to new threats and evolve their security procedures because cybercriminals are constantly developing new ways to stay ahead. Ensure that your business can identify breaches and respond promptly.
When it comes to dealing with the aftermath of a data breach, having employees who know how to deal with the impact of cybercrime goes a long way to ensuring the company functions normally afterward.
Experienced managers know that employee training, particularly the type that simulates real-world scenarios of cyberattacks, is the most effective method to improve cyber resilience.
Traditional on-site training is expensive and requires a significant up-front investment. Cyber resilience online training is on the rise because of the benefits it offers.
There’s a subtle yet essential distinction between cyber resilience and cybersecurity. Knowing the difference and planning out how to address both is a valuable skill for the modern business manager.
Cybersecurity involves the protocol and methods companies use to protect their digital data and systems. Cybersecurity aims to prevent hackers from gaining access to internal servers and stop data theft.
Cyber resilience aims to keep a business operating while and after a cyberattack successfully breaches first-line defenses. A company’s ability to withstand and recover from a data breach once it’s already occurred is essential nowadays when successful attacks occur regularly.
Despite the differences, both concepts are strongly connected. While good cybersecurity procedures are a must in modern businesses, you still have to prepare for an attack in case it does occur. Even large enterprises such as Facebook and Capital One suffered immense losses from cybercriminals despite their extensive investment into digital security.
Cyber resilience training is a large investment for many companies. You may be asking whether it’s worth it. Cyber resilience offers many benefits that every business needs:
Yes, it is. Employee training is the most effective method of strengthening a business’s cyber resilience, as your employees are often the first to respond when an attack occurs.
To make cyber resilience training itself effective, you must consider your goals. You want to keep the business functional in the event of a cyberattack so that employees can still work and the business remains compliant with government regulations regarding information safety.
With the right training, the company can bounce back from the effects of cyberattacks, which can occur despite the strongest cybersecurity measures.
Is your company looking to implement an online cyber resilience training program? Here are a few of the main benefits that an online training program offers over an on-site one:
When it comes to digital threats, companies big and small are in the crosshairs. Digital security is about more than just buying more anti-virus programs. Cyber resilience starts with the employee and is not the sole responsibility of the IT department.
It’s in your company’s best interest to invest in cybersecurity labs for this reason. Some goals of employee training include:
Experienced businesses often cite virtual cybersecurity labs as the ideal method of instructing employees for several reasons:
Your company is likely protected from basic cybersecurity threats. You have antiviruses installed, incident prevention protocols in place, and have set up internet security policies.
But what can you do in case an attack already hits your business? Does your organization have the resources and training to maintain its functions during a cybersecurity attack?
In order to focus on cyber resilience, some first steps you can take include: