How Does Your Board Measure Cyber Resilience?

Organizations are facing an uphill battle. The volume of cyberattacks has risen year-on-year, with a 38% increase in 2022 compared to the previous year. In the UK alone, an organization is being targeted on average 855 times per week over the last six months. Supply chain attacks continue to challenge organizations.


Zero-day vulnerabilities are being uncovered daily, with the most recent prolific incident being the 3CX compromise found in March 2023.


The geopolitical landscape has never been more fractured in response to the Russo-Ukraine war, and ransomware has evolved beyond classic encryption to more sophisticated data extortion. All of this has created the perfect conditions for cybercriminals to thrive and for businesses to stay out of danger. 


So, what is the solution? In today's interconnected world, where digital technologies play a vital role in business operations, organizations need a proactive and comprehensive approach to cybersecurity, one that goes beyond traditional preventative measures. Enter cyber resilience: the ability of organizations to withstand, respond to, and recover from cyber incidents while maintaining essential operations and protecting critical assets. Cyber resilience is not just about dealing with threats, it’s about the board’s overall ability to make informed decisions on how to mitigate risk and ensure that data is protected. With such a tall order, the question is - where do you even begin?


Taking A Risk-Based View


Many organizations opt for widely recognized guidelines and standards as a starting point to establish a common framework for cybersecurity and risk analysis. Two prominent tools are the National Institute of Standards and Technology (NIST) framework and the MITRE ATT&CK framework. These provide organizations with structured approaches to identify, protect, detect, respond to, and recover from cyber ..

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