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Is Your Business Prepared for a Cyber Incident?

Aug 22, 2022 10:23:30 AM

Cyber Incident - CITE Tech

Just like you have insurance to protect for unexpected events, do you have a plan if your business gets targeted by a cyber attack?

No matter what industry sector you're in, whether it's from healthcare, term life insurance, to the oil and gas industry, having cybersecurity technology and team awareness training are important steps to prevent cyber incidents.

However, sometimes you need to go beyond by incorporating a data security strategy to address incidents as they occur.

This approach is called incident response.

Cyber Incident Response Terminology

Cyber Incident

Cyber incidents can include anything from phishing attacks and malware infections to ransomware, all of which can lead to data loss or network/system downtime.

Incident Response

This response aids your business in both discovering and responding to a potential cyber incident as well as accelerating the recovery process.

Incident Handling

The incident handling process is a set of procedures you need to follow the moment an incident occurs, from before and during the event, to after it has occurred.

Incident Management

The process of recognizing, diagnosing, and resolving incidents while taking precautions to avoid future problems is known as incident management. This is significant since it aids businesses in avoiding disruption and continuing to operate smoothly.

Incident Response Plan

An adequate and properly documented incident response plan is crucial for employees who need to detect and respond to security incidents quickly and effectively. The goal of the plan should be to successfully recover any affected technology while minimizing data loss or service outages.

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5 Steps to an Incident Response Plan

So, what does an effective incident response plan involve? Below are 5 main areas to include in your response plan.

1. Identify

Developing an incident response plan is crucial to protecting your technology systems, data, and operations from potential security risks. By taking the time to understand these risks, you can be better equipped to handle incidents as they occur and minimize the damage caused by security breaches.

2. Protect

It's essential to have security measures in place to protect your business from threats. Safeguards such as having a plan for continuity of service in case incident or crisis strikes helps ensure that your business can weather any storm.

3. Detect

If you want to get your systems damage control under wraps and have them running again as soon as possible, equip yourself with tools that can detect network irregularities and assess data breaches.

4. Respond

In the event of a detected cyber incident, it is crucial to have an action plan that covers containment, investigation and resolution.

5. Recover

In the event of an incident, you need a plan to quickly resume normal business operations and minimize any potential disruption including financial loss by having proper cyber insurance measures in place. 

Have Questions?

At Cite Technology Solutions, our team of expert advisors review your business needs and provide the best solution to fit your business requirements. We provide comprehensive IT solutions for both small and mid-sized organizations with a variety of complex needs. 

If you're interested in learning more about incident response plans, connect with us to learn more about how we can help protect your business.

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