Why It's Critical For Businesses To Implement A Cyber Resilience Framework

Cyber resilience, the ability to maintain business operations in the face of unending and evolving cyber threats, can be an intimidating topic for any business. Adding to the challenge is the complexity of companies’ IT footprints — which today are often a distributed web of cloud applications, private servers, and employee devices. Critical data, the currency of business, is spread across this footprint and stored in documents, spreadsheets, electronic communications, and databases. This data powers business. When access to data is disrupted, as with a ransomware attack, the implications can be crippling.

Being cyber resilient doesn’t have to be so intimidating. Rather than manage all aspects of cyber resilience in-house, companies of all sizes are turning to outside vendors who are experts in their felds for guidance, assistance, and implementation of cybersecurity technology. Often this is to compensate for internal limitations in time, expertise, and cybersecurity technologies that could leave these companies exposed to cyberattacks and unprepared to recover if an attack were to occur.

Still, some companies choose a riskier approach. Rather than recognize and ofset their limitations in time, talent, and technology, they roll the dice and only partially address cybersecurity risks and the potential impact on their companies’ cyber resilience. Unfortunately, but logically, this leaves them more exposed to cyberattacks, and, when unprepared, without a solid recovery plan. This often means the business consequences of cybersecurity incidents are more severe, and the time to return to normal business operations is longer.