6 questions You Need to Ask Your IT Team About Your Company’s Cybersecurity Defense
Many executives make the mistake of thinking that if their cybersystems are working right, their business must be maintaining adequate information security programs. If airlines used the same logic for their planes, they would only perform repairs when something failed. In most cases, that would be too late to save the plane or the passengers.
Like an airplane, your information security systems need to be checked before, during and after every use in order to identify the minor glitches that can lead to catastrophic failure under stress. They also need to be pulled out of service from time to time so they can be checked and overhauled more thoroughly.
Six Cybersecurity Questions CEOs Should be Asking
Most executives don’t have the technological experience to analyze systems on their own, but there are questions you can ask your team in order to gauge the effectiveness of your current information security strategies. They include:
- Do we have an information security program?
This may sound crazy, but some businesses do manage to get by with just a collection of different security practices that don’t link together to form a solid wall around your data. If you ask this question, the answer should describe a network of interconnected hardware, software, and employee training and awareness protocols that form a cohesive defense, not a list of standalone items like passwords and anti-virus software.
- What is the organization’s information security framework?
Most programs are based on an information security framework, which is basically a checklist of best practices readily available from places like the National Institutes of Standards and Technology (NIST). Is your IT Department and cybersecurity team using a checklist and reporting results to you?
- Have we done an information security assessment? If so when, and what were the results?
An assessment is basically a review of your current information security program using the framework checklist. On an ongoing basis, your systems should get a thorough review, and you should get a thorough briefing, to make sure that your company’s cybersecurity defenses are adequate to address the latest threats.
- What is our information security commitment? Does our information security budget commitment match our threat level?
Cybersecurity budget numbers will drive what your business can do within the budget period. If your assessment shows that information security is lacking, what resources are available to improve it?
In an upcoming blog post, I’ll be discussing cybersecurity budgeting in greater detail, but to give you a bird’s eye view of what spending looks like on a worldwide basis, look at the following data from Gartner, Inc.
The takeaway? Spending has increased by about 23% over the past 3 years.
- What is our information security training?
Information security training needs to work at two levels. You need your information security staff to learn constantly about the new threats that businesses face. But a business’ information protection efforts are only as strong as its least wary employee. Everyone who touches a keyboard linked to your servers, even people who use private devices on your Wi-Fi network, can expose your digital assets to breaches, viruses and ransomware.
All those users need to stay on the lookout to prevent an attack, and you need to know how your IT team is bringing employees to the battlefield when it comes to protecting your company and its customers from hackers.
- What is our plan for an information security failure?
These days, no information security plan is complete until it acknowledges the possibility that it can be breached and includes instructions for people to follow if that happens. Customers are much more willing to forgive a breach when a business shares accurate information about it quickly and helps to minimize the damage done.
Review your company’s plan with your IT and cybersecurity team, and if necessary, engage the services of a cybersecurity consultant to help you prepare for a response to a breach to your customer’s data and your reputation.
Put a Cybersecurity Assessment, Remediation and Action Plan in Place
With the information gained from a self-assessment, many executives wonder what their next step should be.
Above all, do SOMETHING.
Many organizations paralyze themselves trying to choose between good options when the most important thing they need to do is move forward. For example, say a business performs a security assessment and determines that their password protocols are weak. To strengthen protocols, it could either require longer passwords with a wide variety of characters that remain stable over time or it could allow less rigorous passwords but require that they be changed frequently. Either option is a positive step. But every day that the business delays implementation with discussions about which is best is a step backward.
When you’re ready to do something, here’s a suggested order for addressing your information security concerns:
- First, protect against the major vulnerabilities.
- Next, implement changes that address multiple weaknesses. Some improvements can address several red flags on your checklist at once.
- Fix the easy stuff. Some changes can be as quick as instructing all employees to change their passwords this week. If vulnerabilities have been identified in connections to the network from offsite, a temporary ban on telecommuting could prevent a situation from getting worse while you work on a more permanent fix.
Contact the Cybersecurity Experts at Datasure24
For more information about maintaining and improving the day-to-day information security functionality of your business’ systems, contact DataSure24 at 716.600.3724 or connect with us here.View full article
Cybersecurity budget benchmarks and guidance
As you might imagine, we get asked this question a lot.
And our response often surprises people because the answer isn’t some formula that says “x percent of your budget should go to cybersecurity.”
We respond by pointing out that the question isn’t just “How much should you budget for cybersecurity,” but instead, “How should you budget for cybersecurity?” and “What should you budget for?” The important factor isn’t so much the amount you spend so much as it is the need to spend it wisely.
How Should a Company Budget for Cybersecurity in 2019?
When you’re trying to figure out how much to budget for cybersecurity, here are three factors to keep in mind:
Assessment is key. You can’t solve a problem if you don’t understand what it is. Every business today is legitimately concerned about its cybersecurity, but very few understand the strengths and weaknesses of their current structure, policies and processes, and by extension, how to spend wisely to shore up weaknesses. We see companies that make their situations worse by buying a security “solution” that doesn’t solve any of their existing problems or redress weaknesses, and in some cases, create new problems.
“Magic Bullets” are neither. This is the natural follow-up to the assessment item above. There is no software or hardware or combination of the two that will solve every cybersecurity problem. If it did exist, it would be outdated tomorrow. There is no substitute for finding a combination of hardware, software, training and support that focuses on the day-to-day operational security of your business in an environment where new threats arise every day.
You can’t set it and forget it. The days when cybersecurity amounted to a firewall or an encryption program that could be installed and forgotten about are over. Protecting the sensitive data of your business and your customers is a constant battle. To give you some idea of how much this aspect of cybersecurity has grown in recent years, one of the standards that we use to measure the effectiveness of cybersecurity is a checklist of 600 items. Just a few years ago, only 50 of those items had to be continuously modified to earn certification under the standard. Today, 450 items, a full 75 percent of the items necessary to pass the test, must be continuously monitored in order to be considered effective.
Cybersecurity Budget Benchmarks
Over half of the IT professionals surveyed stated that employee security training tools are the most effective solution to prevent security incidents, followed by breach detection and anti-ransomware solutions. Each employee needs to understand how vulnerable your business is to an accidental click in a phishing e-mail, and each of your IT people needs to understand his or her role in constantly maintaining and updating whatever security solutions you choose.
Figure 1: From Spiceworks "2019 Annual Report on IT Budgets and Tech Trends: Future Workplace Tech"
Employee awareness and training is usually at the top of our list when looking at cybersecurity budgets. The easiest way for a hacker to penetrate your business is though employees being duped into giving cyber thieves access to company files.
It’s also interesting to note where companies will be increasing their overall IT budgets in 2019.
The Spiceworks study reveals that relative to overall IT spending, about two-thirds a plan to increase their IT spending to upgrade outdated IT infrastructure. It’s interesting to note, however, that 56% intend to increase the IT budget for “increased security concerns”.
Figure 2: From Spiceworks “2019 Annual Report on IT Budgets and Tech Trends: Budgets"
These two factors are far from mutually exclusive—in fact, they’re almost symbiotic. If your business is among those considering hardware upgrades, it’s important to remember that the new infrastructure will have to integrate effectively with your overall information security strategy and framework .
Contact the Cybersecurity Experts at Datasure24
- Include an assessment of your needs,
- Understand the interaction between software, hardware and the people who use them, and
- Fund the monitoring and maintenance of whatever solution you choose.
Keep these three items in mind and you’re more likely to get the full benefit of the money you spend on cybersecurity.
We can help you assess your cybersecurity program’s current strengths and weaknesses, and provide budgeting guidance that will enable you to spend smarter and create a better security program.
For more information about budgeting and planning for cybersecurity upgrades, please contact DataSure24 at 716.600.3724 or connect with us here.View full article
Preventive measures, monitoring and remediation capabilities are at the heart of a Dark Web defense
The dark web is a term for the places on the internet where mostly illegal activities occur like botnets, black markets, fraud services, phishing, child porn, terrorism, etc. Although the Dark Web sits on the internet, it is a segregated, anonymous and protected part, and typically, you need to use special software and access methods to enter.
I often think of it as the dark alley of the Internet.
Trading and Selling Compromised Information and Methods
The one Dark Web activity that most directly affects most normal people and companies is the trade and sale of compromised information and methods. In layman’s terms, the Dark Web is the place where stolen passwords, credit card numbers, and personal information is traded. Additionally, it is a communication channel that allows bad guys to coordinate attacks into individual systems while also giving training on how to exploit new vulnerabilities. The Dark Web is where stolen information is captured and made ready for nefarious uses, and if your credit card information has been stolen, it’s the pace where crooks can find it.
These are the monsters under the bed.
How Can Your Company Protect Itself from the Dark Web?
Daily, tens of millions of dollars of Illegal transactions occur on the Dark Web, and it’s often a result of companies who are ill equipped and ill prepared to protect their digital assets. Once those assets are left unprotected, unguarded, or made vulnerable for lack of a few simple protective measures, you’ve exposed your customer and prospect information for exploitation. Further, you’ve damaged your reputation and can even face severe financial consequences.
While putting a protective shield and remediation system in place is warranted, you’ll want to make sure that at a minimum, your cyber-defense includes the following features and capabilities:
- Monitor all traffic and data going in and out of your network to see in real-time if there is an attack going on, so it can be stopped in its tracks
- Conduct a daily scan of the Dark Web, so you have a catalog showing data that was stolen in the past, and if any new information was compromised currently so you can act immediately and with certainty
- Conduct vulnerability scanning and overall security assessments backed by remediation capabilities to shore up your security maturity so that any future attacks or compromises are significantly reduced.
- Secure the technical capabilities for identifying if your company’s data was exfiltrated and being exploited and used by bad guys
- Deploy a Dark Web Scanning service that actively scans the dark web for your corporate domain name and personal email addresses that also provides a daily report for your entire organization
- Hire an “undercover agent” to go into the Dark Web so that you never need to step foot in that dark alley.
Get Rid of the Monsters Under Your Bed: Connect with DataSure24
At DataSure24, we can identify with 100% certainty if your company’s information was exfiltrated, used by the bad guys, or is actively available on the Dark Web. We can tell you that, yes, indeed your information was taken in the past.
We go into the Dark Web as an undercover agent so that you never need to step foot in that dark alley. We provide daily scans of the Dark Web, so that you not only know the past that shows data that was stolen many years ago, but you will also know the very next day if any new information was compromised. This gives you the ability to act on things immediately and with certainty – helping clear out the monsters under the bed.View full article