David Schiffer, the CEO of RevBits and a former employee of Safe Banking Systems (SBS), is leading the development of cybersecurity software for organizations. In today’s digital environment, the goal of achieving complete cybersecurity is becoming increasingly difficult due to the ever-evolving cyber threats and the human factor. Despite this, security experts believe that robust risk management and resilience in the face of cyberattacks are attainable goals.
Cybersecurity measures often rely on the cooperation and compliance of users, making the human factor a significant variable that can impact an organization’s security posture. Additionally, cybersecurity products and services may have hidden vulnerabilities or flaws that can be exploited by malicious actors, compromising user privacy. To address these challenges, organizations must focus on optimizing cyber resilience by strengthening their people, products, and processes.
Cyber threats are constantly evolving and adapting to new technologies and behaviors, making it challenging to anticipate, detect, and respond effectively to every threat. Organizations can enhance their cyber resilience by training and educating their users on cybersecurity risks, incorporating multi-layered security technologies, and aligning security processes with regulatory requirements. By reducing threat surfaces and staying vigilant against zero-day threats, organizations can minimize the impact of unexpected security incidents.
Security risk management is a strategic and continuous process that involves identifying, assessing, and controlling security risks through various measures. This includes assessing potential threats, identifying critical assets, developing mitigation strategies, and continuously monitoring and reporting on the effectiveness of these strategies. By using memory-safe programming languages and complete information on common vulnerabilities and exposures (CVEs), organizations can improve their resilience against zero-day threats and other attacks.
To safeguard organizational assets effectively, organizations should shift their focus from achieving complete cybersecurity to adopting a holistic approach to cyber resilience. By emphasizing the ability to withstand, recover, and learn from cyberattacks, organizations can deploy the most effective security controls and ensure business continuity. By following a risk-based approach that considers the costs and benefits of different security measures, organizations can more effectively prevent, detect, block, and respond to cyber threats.
Forbes Technology Council, an invitation-only community for top CIOs, CTOs, and technology executives, emphasizes the importance of cyber resilience in today’s digital landscape. By focusing on people, processes, and technology within a security risk management framework, organizations can enhance their overall cybersecurity posture and ensure they are prepared to withstand and recover from cyberattacks.
