Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Cloud

11/14/2019
10:00 AM
Troy Mattern
Troy Mattern
Commentary
Connect Directly
LinkedIn
RSS
E-Mail vvv
50%
50%

How Does Your Cyber Resilience Measure Up?

The security measures companies take today may not be enough for tomorrow's cyber assault, but switching to a proactive, risk-based framework may better protect your organization.

The frequency and sophistication of worldwide cyberattacks continue to surge, with businesses falling victim to a ransomware attacks every 13.275 seconds, according to Cyber Defense Magazine. No agency, company, or organization is immune to the devastation a cyberattack can bring, and although companies are making progress in improving their efforts, they still face a growing number of challenges.

Challenge 1: Adversaries Are More Focused and Sophisticated
Using advanced techniques, attackers are increasingly seeking to lock critical systems and destroy data. According to Wombat Security's "State of the Phish" report, 76% of businesses reported being a victim of a phishing attack in the last year, with the average cost to handle a phishing attack coming in at $1.6 million. To combat these threats, companies must first break free from "snapshot thinking." This is the thought process that once a security strategy and solution are in place, all is well with one's IT environment. To manage and stay ahead of evolving threats, risk assessments, information assurance road maps, system patching, and other security measures must be continuous and informed by threat intelligence.

Challenge 2: Investing in Cyber Tools Doesn't Equal More Security
Cybersecurity expenditures are expected to reach $1 trillion by 2024. Even though companies continue to invest in cyber tools, spending alone does not ensure security for an organization. To get the most value from their investment, organizations should ensure they are fully optimizing the capabilities of tools they already have before buying new ones. They may find that available updates enable new capabilities that were not originally present. But if spending alone doesn't ensure security, what does? The most important ingredient is a culture of good security processes across the organization predicated on buy-in and accountability at the executive level.

Challenge 3: Ever-Growing Networks Lead to Blind Spots
A growing number of interconnected networks, cloud connections, and third-party connections leads to new blind spots and decreased visibility into a network's IT and operational ecosystem. Research found that a lack of visibility can lead to 20% to 40% of network and endpoint infrastructure becoming unknown or unmanaged by an organization. Organizations must take steps to safeguard enterprise software and their connected devices and also ensure continuous monitoring capabilities. The objective must be to know where your critical data and systems are in order to make it as difficult as possible for adversaries to achieve their goals while maximizing your chances to identify their presence, minimize their impact, and restore operations to normal. 

Allocate Resources to Key Areas of Focus
How does an organization stand a chance in keeping up with ever-changing vulnerabilities? By knowing where to focus. And we know where to focus by treating vulnerabilities like a business risk.

The CISO is responsible for identifying the risks and driving the plan, but those responsible for the planned actions exist across the business — in IT, communications, marketing, human resources, finance, procurement, and more. If this doesn't happen, then your cyber-risks are not being managed as a business risk and your probability of success declines.

Using a Risk Approach Addresses These Challenges
Forward-looking, security-conscious organizations are shifting to a risk mindset, focusing on mitigation options, continuous monitoring, diagnosis, and remediation to improve security practices. Two well-respected references that can guide organizations towards institutionalizing risk management are the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) and the NIST Risk Management Framework (RMF) for Information Systems and Organizations (800-37).

The NIST CSF serves as a program framework to help organizations manage their cyber-risk awareness, security, detection, response, and recovery. Central to the framework are five core functions:

  1. Identify: A risk-based strategy begins with the process of identifying and reviewing the complete range of risks an organization faces. By first assessing risks, you become actively aware of where uncertainty surrounding events or outcomes exists.
  2. Protect: Based on risk prioritization, steps are identified to reduce risk or remediate a situation to protect the organization, people and assets concerned.
  3. Detect: Being proactive in reducing risk requires making timely discoveries with continuous 27/7 monitoring and implementing auditing and alerting capabilities.
  4. Respond: It is important to create, analyze, and triage potential threats. Once a threat is detected, take action with your established, robust response plan.
  5. Recover: Restore functionality by instituting a recovery plan and create improvements to prevent future attacks.

The NIST RMF complements the CSF by providing a more detailed risk management process of execution. For example, the RMF specifically addresses sections from the CMF in its seven steps: prepare, categorize, select, implement, assess, authorize, and monitor.

Increasing cyber threats means you need a more continuous, end-to-end approach to protect your critical communication environment. Ultimately, this approach saves time and money by proactively confronting potentially hazardous situations before they become acute threats. A real-world breach scenario is not the time to discover your teams, tools, and strategies don't hold up as you thought they could.

Related Content:

Check out The Edge, Dark Reading's new section for features, threat data, and in-depth perspectives. Today's top story: "Account Fraud Harder to Detect as Criminals Move from Bots to 'Sweat Shops'."

Troy Mattern is the Vice President for Product and Services Cybersecurity at Motorola Solutions. Having joined Motorola Solutions in June 2017, he leads all policy, strategy, and prioritization for cybersecurity efforts pertaining to Motorola Solutions Products and Services. ... View Full Bio
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Mobile Banking Malware Up 50% in First Half of 2019
Kelly Sheridan, Staff Editor, Dark Reading,  1/17/2020
Exploits Released for As-Yet Unpatched Critical Citrix Flaw
Jai Vijayan, Contributing Writer,  1/13/2020
Microsoft to Officially End Support for Windows 7, Server 2008
Kelly Sheridan, Staff Editor, Dark Reading,  1/13/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
The Year in Security: 2019
This Tech Digest provides a wrap up and overview of the year's top cybersecurity news stories. It was a year of new twists on old threats, with fears of another WannaCry-type worm and of a possible botnet army of Wi-Fi routers. But 2019 also underscored the risk of firmware and trusted security tools harboring dangerous holes that cybercriminals and nation-state hackers could readily abuse. Read more.
Flash Poll
[Just Released] How Enterprises are Attacking the Cybersecurity Problem
[Just Released] How Enterprises are Attacking the Cybersecurity Problem
Organizations have invested in a sweeping array of security technologies to address challenges associated with the growing number of cybersecurity attacks. However, the complexity involved in managing these technologies is emerging as a major problem. Read this report to find out what your peers biggest security challenges are and the technologies they are using to address them.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-7227
PUBLISHED: 2020-01-18
Westermo MRD-315 1.7.3 and 1.7.4 devices have an information disclosure vulnerability that allows an authenticated remote attacker to retrieve the source code of different functions of the web application via requests that lack certain mandatory parameters. This affects ifaces-diag.asp, system.asp, ...
CVE-2019-15625
PUBLISHED: 2020-01-18
A memory usage vulnerability exists in Trend Micro Password Manager 3.8 that could allow an attacker with access and permissions to the victim's memory processes to extract sensitive information.
CVE-2019-19696
PUBLISHED: 2020-01-18
A RootCA vulnerability found in Trend Micro Password Manager for Windows and macOS exists where the localhost.key of RootCA.crt might be improperly accessed by an unauthorized party and could be used to create malicious self-signed SSL certificates, allowing an attacker to misdirect a user to phishi...
CVE-2019-19697
PUBLISHED: 2020-01-18
An arbitrary code execution vulnerability exists in the Trend Micro Security 2019 (v15) consumer family of products which could allow an attacker to gain elevated privileges and tamper with protected services by disabling or otherwise preventing them to start. An attacker must already have administr...
CVE-2019-20357
PUBLISHED: 2020-01-18
A Persistent Arbitrary Code Execution vulnerability exists in the Trend Micro Security 2020 (v160 and 2019 (v15) consumer familiy of products which could potentially allow an attacker the ability to create a malicious program to escalate privileges and attain persistence on a vulnerable system.