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A Resilient Organisation Starts with Cyber Resilience — Here’s Why

Global events, such as recessions and pandemics, create enormous social and economic challenges that impact organisations and their management. From employee and customer satisfaction to financial difficulties, supply chain disruption and skyrocketing cyber attacks, top-level management oversee many concerns.

As business owners aim to address multiple challenges that may threaten their organisations’ success, resilience is a trending buzzword. Organisational resilience is an organisation’s ability to foresee, plan for, respond to and adapt to gradual change and unexpected disruptions to survive and thrive.

Even during the most recent COVID-19 pandemic, organisations that already practised methods to cultivate resilience through remote/hybrid work, digital acceleration and more, showed that they could quickly recover from setbacks and have an advantage over competitors.

If you want to prioritise resiliency within your own business, one of the first steps you should take is building cyber resilience. Cyber resilience refers to an organisation’s ability to consistently deliver the desired outcome in the face of adverse cyber events.

Cyber Resilience Powers Transformation

According to Forrester, cyber resilience is more than just a security imperative. It’s the foundation of a strong business and brand. This is one of the reasons why over 65% of organisations are investing in improving their cyber resiliency posture.1 Businesses across the globe have begun to realise that it’s time to look inward and identify and close security gaps to build a more resilient future.

While establishing cyber resilience, consider the following:

  1. You must deploy tools to detect, evaluate and handle network and information system risks, including those that affect your supply chain.
  2. It’s critical to identify irregularities and potential cyber security issues through continuous network and information system monitoring before they morph into severe threats.
  3. Implementing an incident response strategy is crucial to ensure operational continuity where you can bounce back quickly even if you are the victim of a cyber attack.
  4. Always ensure that your cyber resilience strategy is overseen by top management and integrated into day-to-day operations.

 

Companies that invested in cyber resilience expected to get the following results1:

  • Increased secure collaboration within the organisation
  • Better preparedness, response and/or remediation skills in the event of a security incident
  • Improved integration of people, processes and technology

How to Improve Your Cyber Resilience

  • Employee training
    Providing continual security awareness training to your employees enables them to identify threats and vulnerabilities. It enhances employees’ defensive abilities and prepares them to deal with a crisis effectively.
  • Stay current with technological advances and the threat landscape
    It’s crucial to keep up with the latest technology developments and threats. If you have no understanding of what you’re up against, you can’t protect your business.
  • Reset your security systems
    Regularly audit your digital and physical systems to identify vulnerabilities. Set the critical systems to their best available configurations to prevent unauthorised access.
  • Adopt advanced technologies
    Legacy technologies may be ineffective in dealing with today’s challenges. As a result, having the most up-to-date and effective technologies and tools to secure your organisation is critical.
  • Partner with ForeSight Business Services
    Resiliency is no longer a choice but a necessity. However, it requires a significant amount of time, effort and expertise. It’s always best to collaborate with an expert partner like us who can handle all resiliency and technology matters for you.

If you’re ready to take the first step towards building cyber resiliency in your organisation but aren’t sure where to start, contact us to schedule a no-obligation consultation.

To help you understand organisational resilience in-depth, we created a comprehensive guide for you. Download “The Ultimate Guide to Organisational Resilience

Sources:

  1. Cyber Resilience Study

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