Are you and your company ready for a cyberattack or data breach?

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11/06/2019

Kind of like the once elusive sound of a car alarm in a packed parking lot in the 80s to the flooded number of parked cars with car alarms today, as is the discussion of cyberattacks, cybercrimes, data breaches and such. 

I remember being around seven years old and in our local K-Mart parking lot with my mom, when a sound emerged from somewhere among the parked cars. That’s the first time I had ever heard a car alarm. Today, a car alarm is an annoyance at best and not really “heard” by many people anymore. 

Likening that to the cyber world, I remember becoming so intrigued with cybersecurity, cyberattacks, cybercrimes and such about 10 years ago, when I became heavily involved in social media. It was something exciting and different than had ever been seen before in true crime stories that intrigue and whet the public’s palates. Fast-forward to today, and it’s become common-place to see these types of stories throughout all aspects of media reporting — online articles and blogs; social media platforms; TV news stories; documentaries; radio reporting; etc., so much so, that people are already or becoming numb to it, passing it off as just “one of those things we have to deal with in life.” However, especially as a security professional, cyberattacks and data breaches not only shouldn’t be taken lightly, they absolutely cannot be, as they have literally ruined business and people. So, I ask you: “Are you ready and prepared?” 

Sad to say, but if you’re like the majority of the over 800 CISOs and other senior executives across North America, Europe and Asia, surveyed (commissioned by FireEye and delivered by Kantar, an independent market research organization), the answer is unfortunately, “no.” The study found that: 

  • 51 percent of surveyed organizations don’t believe they are ready or would respond appropriately to a cyberattack or data breach; 
  • 29 percent of these organizations with response plans in place haven’t tested or updated them in the last 12 months or more; and
  • 76 percent of the organizations plan to increase their cyber security budget in 2020. 

The survey also highlighted varying global viewpoints. In Asia, Japan plans to prioritize detection capabilities in 2020 and expresses concerns regarding cloud security, while Korea believes nation states are the most likely source of cyberattacks. The U.S. is leading the transition to cloud; Germany is concerned about cloud security and France believes employee training to be a top protection measure. 

I urge you, don’t become a parked car in a sea of cyberattacks and data breaches with your alarm going off and people just walking by like nothing is wrong. Prepare by creating a plan and know/understand exactly how to execute that plan before, during and after a cyberattack or data breach. This is a must. Think about it – it can’t be underestimated just how smart cybercriminals really are; it’s all they focus on day in and day out. They are experts at their craft and we must know how to prevent as must as possible and reciprocate, when necessary, to stay safe.