Post-breach, organisations often realise they could have avoided significant costs and disruption if only they’d had an effective incident response plan in place.
The Australian government is considering legislation to make company directors personally liable for cyber attacks on their businesses. This interesting recommendation will be good news to many IT executives around the country considering that the number one frustration across Asia Pacific identified by a recent study by Sophos was that executives assume cybersecurity is easy and that cybersecurity threats and issues are exaggerated.
The same study found that 52% of Australian organisations surveyed suffered a cybersecurity attack in 2020, up from 36 per cent in 2019 and according to government research, cybercrime is costing the Australian economy about A$3.5 billion a year.
So how can businesses avoid being the victim of a successful cyberattack? Prepare in advance.
Below are tips for cybersecurity incident response planning that gives you the best chance at thwarting an attack.
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A cybersecurity incident will impact almost every department in your organisation, especially if the incident turns into a full-scale breach. Consequently, planning for a potential incident should not fall solely on the shoulders of the security team.
Knowing who should be at the table to coordinate a response is something that should be determined in advance. A method of communication also needs to be established to ensure a quick response. This should take into account the possibility that normal channels of communication su ..
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