A major cyber event can, if not handled correctly, result in company ending losses or the termination of one or more senior executives, including the CEO. The time to plan your response is before your Board is demanding answers on how the company is going to respond to an emerging threat.
No matter how good your cyber defenses, it is nearly guaranteed that your company will be attacked and very likely eventually breached. Your readiness to respond effectively is critical, which means you need to:
- Define a team with a clear leader with sufficient authority and resources
- Create a clear plan
- Drill, drill, and drill some more
- Be prepared for attackers bent on your destruction, not just money
- Conduct post-mortems on actual attacks