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Adopting a good cybersecurity strategy
Cyril Jacob 1 Nov 2021

Adopting a good cybersecurity strategy

Adopting a good cybersecurity strategy:

 

Cybersecurity has become more important to individuals, Governments and businesses than ever before. Businesses, decision makers and major stakeholders need to take steps to minimise risk exposure from cyber-attacks. For this purpose, firms are investing time, money and resources to develop a good cybersecurity strategy. 

 

A cybersecurity strategy consists of high level plans pertaining to how an organisation should go about securing its systems and networks. Usually, they are developed with a 3 or 5 year vision. However, they must be updated and revised as the business evolve. The reason for this is due to the increase in cybercrimes across the globe. Hackers are more ambitious today than a decade earlier. 

 

Therefore, it is the urgent need of the hour for firms to have documented policies and procedures to safeguard data, systems and networks. A robust strategy should be multi-layered and include email, mobile devices, end points and the network. Firms must consider aspects such as data governance, encryption, vulnerability scanning, penetration testing and secure access across the technological ecosystem. 

 

Companies should be able to adopt a pro-active approach that will:

 

      i.         Ensure that cybersecurity practices aligns with the vision of the firm.

     ii.         Foster a security conscious culture at work. 

    iii.         Understand high risk or vulnerability areas.

    iv.         Implement an assessment program in order to identify risks, threats and vulnerabilities. 

     v.         Approach security beyond compliance.

    vi.         Invest in prevention, detention and response. 

 

Factors to consider:

 

1)    Train employees in security principles:

Basic security policies should be established for employees. For instance, requiring strong passwords, provide internet usage guidelines, establish steps to protect data. Generating awareness among the work force can prove to be effective in many ways. 

 

2)    Protect information, computers and networks from cyber-attacks:

Ensure clean machines by obtaining latest security, browser and operating system. Install other key updates regularly. 

 

3)    Provide firewall security for internet connection:

Firewall is a set of programs that prevent outsiders from accessing data or a private network. Ensure each system’s firewall is enabled.

 

4)    Establish a mobile device action plan: 

Ensure to set appropriate reporting procedures for lost or stolen equipment.

 

5)    Make backup copies of vital information:

Ensure data of all computers are regulatory backed up. A good recovery plan is also necessary to be implemented. 

 

6)    Control physical access to computers and create user account for each employee:

Prevent access on use of business systems by unauthorised individuals. Administrative privileges should only be given to trusted IT staff and key personnel.

 

7)    Secure your wi-fi networks:

Make sure wi-fi is hidden, secure and encrypted. Also, ensure that access to the router is password protected.

 

8)    Employ best practices on cards:

Isolate payment systems from less secure programs and limit using the same computer to process payments and surf the internet. 

 

9)    Limit employee access to data, limit authority to install software:

Employees must only be granted access to the specific data systems needed for their jobs. They should not be allowed to install any software without permission. 

 

10) Passwords and authentication: 

Ensure employees follow strong password protocols and change them frequently. Consider using MFA or 2FA. 

 

Educating employees about cybersecurity is extremely crucial and by providing adequate training, risks can be avoided or mitigated. Effective training should be conducted on a regular basis. Moreover, the right technology, hardware, software and systems can offer the extra layer of protection. Employees should be encouraged to raise a red flag on spotting a security breach or flaw in the system. This can be critical in controlling breaches significantly. 

 

A solid patch management method is necessary to address loopholes. Besides this, anti-malware solutions and good data recovery strategies must be in place. The use of firewalls, proxies, application gateways must be seriously considered and implemented. 

 

Keeping the above mentioned factors in mind, one must always understand that cyber-attacks may happen anytime. Hence, firms should always be prepared for challenges. With a concrete cybersecurity strategy in place, firms can be more secure in their daily operations and interactions. One must never be complacent with the existing measures to tackle cyber related problems. Rather a constant vigil along with robust strategies must be maintained against security vulnerabilities. 

 

To learn more on cyber laws join my Online 10 lecture series starting from 12th November, 2021. Register before 21st October to avail 10% Early Bird Discount on Course Fee. For schedule of lecture and all other details and to Register please click here : https://www.soolegal.com/cyber-space-and-laws-governing-it OR Click on the banner appearing on this page

 

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