Cyber resilience is a term that is gaining popularity in media, regulations and business goals. Despite this, many people are unaware of its true meaning and scope.
During the second half of 2023, Spain experienced a significant increase in cyberattacks, ranking as the most affected European country and third globally, behind only Japan and the United States, according to Eset’s Threat Report H2 2023. This analysis details cyber threats in Spain and globally through its telemetry system.
The report highlights a 111% increase in threats linked to the infection of legitimate websites, especially online stores, by the SpyBanKer malware in the second half of 2023. In addition, an increase in campaigns that mimic legitimate payment gateways and holiday booking portals is observed, demonstrating the sophistication of the tactics used.
This is why cyber resilience takes on crucial relevance in this hostile environment, and goes beyond simple IT security. It must promote a change of mindset and a culture of cybersecurity that embraces all aspects of business digital life.
In this post, we will look in detail at what cyber resilience is, the differences with cybersecurity, the threats and challenges it has, and 3 tips for implementing cyber resilience in the enterprise.
What is cyber resilience?
Cyber resilience, also known as cyber resilience, refers to the ability of a system or organization to resist and recover from cyber attacks.
A cyber resilient organization focuses on protecting its digital assets and maintaining the continuity of its systems in the face of cyber-attacks and technological disasters. To achieve this, it implements strategies and technologies that enable it to anticipate potential attacks, detect them early and provide rapid responses to recover and continue operating normally.
Cyber resilience not only focuses on preventing attacks, but also on ensuring operability during and after an incident. The challenges are broad and range from data protection and risk management to disaster recovery.
Differences between cybersecurity and cyber resilience
Although cybersecurity and cyber resilience may seem to be the same thing, they are not, as they refer to two different approaches. While cybersecurity focuses on preventing and avoiding cyberattacks, cyber resilience is concerned with resilience in the event of incidents.
Threats and challenges of cyber resilience
The development of cyber resilience involves a complex process involving a wide range of variables and needs. In this context, most organizations are faced with a lack of skills or training in this area, and the challenge of thoroughly understanding their own systems, which are constantly evolving.
It is therefore crucial to have the advice of cybersecurity experts and professionals when implementing cyber resilience, which helps to prevent cyber attacks or cyber espionage, and to adapt effectively to any risk situation that may arise.
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Specifically, in Spain, 20% of cyberattacks are mainly aimed at obtaining consumers ‘ financial information, according to the report “”Trends in cybersecurity in Spain””, prepared by Mastercard.
To achieve their goals, cybercriminals use a variety of methods. In 18% of cases attacks on hardware and devices used by employees, followed by critical systems for the operation of companies (12%) and obtaining citizens’ personal information (11%).
3 tips for implementing cyber-resilience in the enterprise
First, it is crucial to implement a cybersecurity training and awareness program for all employees. By ensuring that every member of the company understands the risks associated with cyber threats and how to prevent them, a solid first line of defense is established.
Second, companies should adopt a Security by Design (SbD) approach that integrates cybersecurity measures into all stages of IT product and system development. This involves regularly updating software and hardware to protect against newly discovered vulnerabilities.
Finally, it is essential to establish a well-defined cyber incident response plan. Such a plan should contain clear procedures for threat detection, containment, eradication and recovery, thus ensuring that the company can quickly resume normal operations after an attack. In addition, the plan should be regularly evaluated and updated to ensure its effectiveness in the event of actual incidents.
Strategies to strengthen cyber resilience
Implementing robust cybersecurity measures involves selecting advanced technologies such as threat intelligence.
This process, which identifies and analyzes cyber threats, is responsible for reviewing data, examining it in context to detect problems and implementing solutions specific to the problem at hand. In addition, periodic risk assessment facilitates the proactive identification and mitigation of potential threats.
Promoting a culture of security awareness is critical. Cybersecurity training is essential, given that the human component is often the most vulnerable link in security. Finally, establishing incident response protocols ensures that the company is prepared to deal with any adversity in an adequate manner.
The importance of cyber resilience cannot be underestimated. In a digital landscape where threats evolve rapidly, developing and maintaining resilience must be an ongoing and priority task for any organization that values its security and sustainability. It is time to act and armor the digital future with intelligence and preparedness.
