Security News > 2020 > January > Are businesses prepared for an extinction-level cyber event?

Are businesses prepared for an extinction-level cyber event?
2020-01-29 05:30

In an era of technological transformation and cyber everywhere, the attack surface is exponentially growing as cyber criminals attack operational systems and backup capabilities simultaneously in highly sophisticated ways leading to enterprise-wide destructive cyberattacks, a Deloitte survey reveals.

A truly viable cyber resilience program can benefit an organization's ability to recover, respond and be ready for a destructive cyberattack, where over a quarter of respondents believe a comprehensive approach to cyber resilience would most improve their organizations' approach address these potential extinction-level events.

Why are these attacks so successful? Poor access management: A fundamental issue that is pervasive and is often the open door through which a destructive attack will initiate and spread. Weak cyber hygiene: Poor cyber hygiene has a direct impact on enterprise security and can be most commonly seen in the form of missing patches, misconfigurations of systems, partially deployed security tools, poor asset discovery and tracking.

"To be successful, you have to have strong agile capabilities and leaders on the ground who can address the risks and interact effectively in the event of a large-scale incident," said Kieran Norton, infrastructure security leader in cyber risk services and principal at Deloitte & Touche LLP. Building a comprehensive cyber approach.

A viable cyber resiliency program expands the boundaries of traditional risk domains to include new capabilities like employee support services; out-of-band communication and collaboration tools; and a cyber recovery vault.


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