Facing a near-constant barrage of threats, IT security professionals say they now spend so much time responding to unexpected emergencies that they have little time to develop more strategic projects and initiatives. Given the increasing scale and sophistication of today’s threats, that type of incident-driven approach to security is no longer sustainable.
Instead of constantly reacting to attacks with off-the-cuff mitigation efforts, organizations need a formalized plan of action that will ensure a consistent and reliable response to emerging threats. Studies show that companies with detailed incident management processes in place save an average of more than $1 million on the total cost of a data breach due to their ability to respond to threats quickly and efficiently.
A security incident management plan is a set of policies and processes for detecting, managing, mitigating and analyzing security threats in real time. Having such a framework helps ensure your IT security team isn’t constantly improvising responses to new attacks.
Surprisingly few organizations have made such preparations. According to an IBM Security study, less than a quarter of enterprises have an incident response plan that is applied consistently across the organization. Less than half of those with a plan test it regularly.
You don’t have to start from scratch to develop an incident response plan. A number of standards groups and cybersecurity firms have developed frameworks that can be adapted to an organization’s particular preferences. The ISO/IEC 27035 international standard is generally regarded as one of the leading models. Published jointly by the International Organization for Standardization and the International Electrotechnical Commission, it outlines the following five-step process for incident management:
Security incident management plans can help companies quickly respond to threats in order to limit the damage but implementing these plans can still be a challenge for short-staffed IT teams. With incident management incorporated into our portfolio of security services, Technologent can ease the pain of developing a response plan. Contact us to learn more.