What is cyber resilience? And what are the best cyber resilience techniques 2022?Cyber-resilience is actually the ability of any organization to prepare for cyber attacks, respond to them and recover. Thanks to this, companies are constantly delivering the desired results despite the occurrence of cyber attacks.
A cyber resilient organization can deal with known and unknown crises, threats, difficulties and challenges. Cyber resilience is an emerging perspective that is rapidly gaining recognition.
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It is a fact that cyber exploitation through conductor networks is becoming more common in organizations. Cyber-ins secure suppliers and contractors provide confidential backdoor access. According to the Poonimon Institute of the United States, 56% of companies face cyber security breaches due to third party suppliers.
Although companies are not required to comply with specific data breaches or legal requirements, the damage to their reputation as a result of an incident is significant. In addition, users of any organization are more at risk than hackers trying to take advantage of the breach.
Cyber attacks on NotPetya ransomware in June 2017 prove that companies of all sizes are at risk. The weak link of this cyber attack was the supply chain partner, which affected 50,000 endpoint systems and hundreds of infiltrated servers and applications on 600 work sites in 130 countries. Therefore, permanent management of cyber security is important for both institutions and their supply chain partners. So let's talk about the four stages of creating cyber resilience in the supply chain.
Top 3 cyber resilience building techniques 2022
(1)Determining security levels
Institutions should specify appropriate levels of security for vendors, subcontractors and supply chain partners. The first step is to identify and classify contractors who either have direct access to the internal network or have access to important enterprise data. The process of separating the vendors and contractors according to their main functional role can help:
Determine what kind of information these partners have access to and how they are connected to the company's framework.
*Assign specific service level contracts to contractors.
*Enforce cyber security standards on supplier interaction systems.
*Understand proper data ownership, data sharing protocol and acceptable use of that data.
*Vendor Pre-Qualification and Risk Assessment
The company can take every security measure to secure its data and network, but the problem is how to verify that third party partners do the same? Vendor prior competence and risk assessment allows companies to monitor the security status of their partners and verify that they maintain the cybersecurity obligations set forth in their agreements. Regular supplier audits indicate what the partner may need for cybersecurity monitoring and control.
Subcontractor and supplier risk management software actually offers supplier auditing services and objective assessment of the supplier so that vendor cyber security risks can be accurately assessed. This software may review supplier policies and procedures to ensure that they are properly coded, verified and validated. Relevant indicators can tell organizations to manage the risk.
(2)Monitor vendor access to networks and data
Having limited network access for specific vendors, contractors and suppliers can further strengthen the security position. A consistent approach is needed to control the network of vendors and contractors.
Regularly monitor and audit access points to identify vulnerabilities and ensure proper access, management, security, monitoring and auditing procedures are in place.
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(3)Employee training
Employees are the last line of defense in cybersecurity and one of the most common threats. Create a culture of cyber resilience awareness to protect your company and prevent threats. Engage everyone who works, especially third party vendors.
The first two steps to achieving cyber resilience are to draft clear policies and train employees, contractors, vendors and suppliers. It is important for vendors to prioritize cybersecurity and get trained before starting work. Companies need to fully understand the cyber threats within the new fake digital ecosystem, customize control measures and collaborate with partners to mitigate those risks.