June 11, 2019

As more business becomes digital and data governs more of our lives, cybersecurity incidents are climbing in frequency, intensity and innovation. It’s a struggle to safeguard sensitive information and protect the trust of customers and partners. No organization can insulate against every risk, but being ready to respond quickly to a potential threat or active breach can make a huge difference in the scope of damage and long-term aftermath.

Glen Combs, a partner in the cybersecurity services group at the accounting, consulting and technology firm Crowe, says that growing organizations can easily lose track of the risks of the applications and systems that run a business. “Our data environment today can be chaotic. So many technologies and applications are tied into so many data sources that it can be hard to capture the full potential of a cybersecurity threat,” he says.

Unfortunately, it’s still common for companies to learn just how under-prepared they are the hard way — in the teeth of an active cybersecurity breach or significant incident, with little idea how to respond. “Especially in the small-to-mid-sized business market, we regularly find preparation not in place, and that applies to technology, processes, business agreements and people,” Combs says.

Being ready now can go a long way when ransomware strikes or an employee flags a suspicious transaction. Take these steps to prepare.

1. Know Your Risks And Options
2. Change Your Response After The First Minute, The First Hour And The First Day
3. Talk To Your Legal Team, Early And Often
4. Remember (And Apply) Lessons From Tabletop Exercises

To read the full article, click on the link below.

Source: https://www.forbes.com/sites/crowe/2019/06/07/how-to-respond-to-a-cybersecurity-threat-in-4-steps/#318dbd952213