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Why a Good Cyber Resilience Strategy Is Essential to Business Success

To deal with evolving threats and ensure business continuity, organizations need a comprehensive approach that enables them to bounce back quickly.

IN THIS ARTICLE

Every organization depends on cyber resources, but unexpected stresses or concerted attacks will often show them to be fragile, with limited ability to withstand, adapt or recover.

Such stresses and attacks continue to grow. Today’s IT and security professionals are inundated with alerts about potential threats, and they must constantly be on guard for intrusions including ransomware, phishing, data breaches and supply chain attacks. The rise of artificial intelligence (AI) will continue to give cybercriminals new ways to automate and scale up their nefarious activities.

A robust cyber resiliency program is critical to protecting organizations from these growing threats. Cyber resilience goes beyond more traditional cybersecurity strategies, which are often focused primarily on prevention or protection, to include recovery strategies and tools for when those defenses fail. A strong and well-executed cyber resilience strategy focuses on improving defenses, maintaining business continuity and improving recovery, knowing that prevention and detection isn’t always possible.

A cybersecurity breach is almost inevitable. What’s your next move?

Every organization depends on cyber resources, but unexpected stresses or concerted attacks will often show them to be fragile, with limited ability to withstand, adapt or recover.

Such stresses and attacks continue to grow. Today’s IT and security professionals are inundated with alerts about potential threats, and they must constantly be on guard for intrusions including ransomware, phishing, data breaches and supply chain attacks. The rise of artificial intelligence (AI) will continue to give cybercriminals new ways to automate and scale up their nefarious activities.

A robust cyber resiliency program is critical to protecting organizations from these growing threats. Cyber resilience goes beyond more traditional cybersecurity strategies, which are often focused primarily on prevention or protection, to include recovery strategies and tools for when those defenses fail. A strong and well-executed cyber resilience strategy focuses on improving defenses, maintaining business continuity and improving recovery, knowing that prevention and detection isn’t always possible.

A cybersecurity breach is almost inevitable.
What’s your next move?

mkt73331-cyber-resilience-secondar

The Critical Need for Cyber Resilience

Over the past decade, cybersecurity and IT leaders have found themselves facing a nearly impossible set of challenges. The gradual disappearance of enforceable network perimeters, which served for decades as the definitive line of defense against attackers, posed enough difficulties to keep CISOs up at night. However, the disappearance of the network perimeter has also coincided with a dramatic spike in attack volume, enormous ransom demands and the rise of cyber terrorism. Breaches have become common and CISOs are wondering how to respond.

Most important, these breaches have shown that mission-critical cyber resources are often more fragile and more difficult to recover than originally thought. While cybersecurity defenses continue to improve, experience has shown that they are limited in their ability to protect an organization. Not only are attackers often able to compromise fundamental parts of infrastructure but they often do so in a way that compromises their trustworthiness. Breached organizations are left to address the restoration of their systems and data as well as the broken trust in those systems and data.

Cyber resilience focuses on the organization’s ability to prepare for, respond to and recover from these risks, ensuring that a business can continue its essential functions even in the face of catastrophe. Cybersecurity is a critical component, but cyber resilience encompasses incident response and business continuity practices that can mitigate and repair the damage from a successful attack.

$1.5M

The average cost savings after a data breach achieved by organizations with high levels of incident response planning and testing, compared with other impacted organizations

Source: IBM Security, The Cost of a Data Breach Report 2023, December 2023



In many organizations, cybersecurity, business continuity and disaster recovery practices have operated independently, often governed by different parts of the organization.  By combining them under a common cyber resilience strategy, organizations can address these challenges more effectively. These partnerships can also build trust with clients and customers, reduce chances of financial loss due to downtime, and reduce the damage that inevitably comes with a major breach.

Will your organization be ready when disaster strikes?

The Critical Need for Cyber Resilience

Over the past decade, cybersecurity and IT leaders have found themselves facing a nearly impossible set of challenges. The gradual disappearance of enforceable network perimeters, which served for decades as the definitive line of defense against attackers, posed enough difficulties to keep CISOs up at night. However, the disappearance of the network perimeter has also coincided with a dramatic spike in attack volume, enormous ransom demands and the rise of cyber terrorism. Breaches have become common and CISOs are wondering how to respond.

Most important, these breaches have shown that mission-critical cyber resources are often more fragile and more difficult to recover than originally thought. While cybersecurity defenses continue to improve, experience has shown that they are limited in their ability to protect an organization. Not only are attackers often able to compromise fundamental parts of infrastructure but they often do so in a way that compromises their trustworthiness. Breached organizations are left to address the restoration of their systems and data as well as the broken trust in those systems and data.

$1.5M

The average cost savings after a data breach achieved by organizations with high levels of incident response planning and testing, compared with other impacted organizations

Source: Ponemon Institute, “The Cost of a Data Breach Report 2023,” December 2023



Cyber resilience focuses on the organization’s ability to prepare for, respond to and recover from these risks, ensuring that a business can continue its essential functions even in the face of catastrophe. Cybersecurity is a critical component, but cyber resilience encompasses incident response and business continuity practices that can mitigate and repair the damage from a successful attack.

In many organizations, cybersecurity, business continuity and disaster recovery practices have operated independently, often governed by different parts of the organization.  By combining them under a common cyber resilience strategy, organizations can address these challenges more effectively. These partnerships can also build trust with clients and customers, reduce chances of financial loss due to downtime, and reduce the damage that inevitably comes with a major breach.

Will your organization be ready when disaster strikes?

The Cybersecurity Landscape: By the Numbers

75%

The increase in cloud environment intrusions from 2022 to 2023

Source: CrowdStrike, Global Threat Report 2024, February 2024

$4.5M

The average total cost of a data breach in 2023, representing an all-time high and an increase of more than 15 percent since 2020

Source: IBM Security, The Cost of a Data Breach Report 2023, December 2023

204

The average number of days required for organizations to identify a breach, with another 73 days needed to contain the breach

Source: IBM Security, The Cost of a Data Breach Report 2023, December 2023

The Cybersecurity Landscape: By the Numbers

75%

The increase in cloud environment intrusions from 2022 to 2023

Source: CrowdStrike, Global Threat Report 2024, February 2024

$4.5M

The average total cost of a data breach in 2023, representing an all-time high and an increase of more than 15 percent since 2020

Source: IBM Security, The Cost of a Data Breach Report 2023, December 2023

204

The average number of days required for organizations to identify a breach, with another 73 days needed to contain the breach

Source: IBM Security, The Cost of a Data Breach Report 2023, December 2023

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Adapting to an Evolving Threat Landscape

Today’s cybersecurity landscape bears only a passing resemblance to that of a few decades ago. Twenty years ago, exploits tended to take advantage of simple configuration issues and software vulnerabilities. Systems were built for availability and to work, not work under threat.

But as defensive measures improved and financial incentives increased, attackers were driven to find new and successful ways to exploit organizations. Today, rather than battling back isolated exploits from individual hackers, organizations now confront coordinated, global threats that target economic and social vulnerabilities with pinpoint precision, often taking advantage of intentional functionality and organizationally supplied tools. Further, organizations must overcome other sources of stress and vulnerability to their systems.

RANSOMWARE: It is difficult to overstate the impact that ransomware has had over the past decade. Looking past the direct losses (the FBI reports that $12.5 billion was lost to ransomware attacks in the U.S. alone in 2023), ransomware’s continued success comes from constant change driven by the need to evade improving defenses and law enforcement takedowns. Social engineering and credential theft continue to be the top attack vectors used by malicious actors, more often than any other action, leading to ransomware events.

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PHISHING: One of the oldest forms of cyberattack, phishing remains a serious problem because the intended victim continues to be a soft target, especially as attacks grow in sophistication. Spear phishing, in which attackers target specific individuals with highly personalized messages, was always dangerous. But these attacks are now becoming easier to craft thanks to the malicious use of generative AI. Historically, organizations sought to improve their defenses through user education and training. Today, organizations must assume malicious actors will be successful and plan their cyber resilience strategies accordingly.

COMPLEXITY OF MODERN IT: As organizations develop increasingly complex IT environments that combine legacy systems, cloud services and third-party integrations, they face significant risks. These complex environments can be challenging to manage and secure. Further, vulnerabilities and dependencies in one part of an organization’s infrastructure can affect the functions of other systems throughout the environment. For example, an application hosted by one cloud provider may rely on microservices supported by another provider. These risks must be understood and addressed to improve cyber resilience.

SUPPLY CHAIN ATTACKS: Cybercriminals frequently target the weak links in supply chains, such as small suppliers or third-party service providers that have access to the information or systems of a larger, more secure organization. By compromising the smaller entity, attackers can bypass the stronger defenses of the larger organization by exploiting that trust.

LIMITED VISIBILITY: The complexity of modern IT systems also makes it more difficult for organizations to maintain clear visibility into their environments, which is crucial for cyber resilience. Inadequate monitoring and visibility into an organization’s network and systems can result in the delayed detection of security incidents. The longer it takes IT teams to detect an incident, the more damage cyberattacks can do, and the longer it may take for a recovery. Organizations need robust monitoring tools and practices to identify and respond to threats promptly.

cdw

Evolving Threat Landscapes

Today’s cybersecurity landscape bears only a passing resemblance to that of a few decades ago. Twenty years ago, exploits tended to take advantage of simple configuration issues and software vulnerabilities. Systems were built for availability and to work, not work under threat.

But as defensive measures improved and financial incentives increased, attackers were driven to find new and successful ways to exploit organizations. Today, rather than battling back isolated exploits from individual hackers, organizations now confront coordinated, global threats that target economic and social vulnerabilities with pinpoint precision, often taking advantage of intentional functionality and organizationally supplied tools. Further, organizations must overcome other sources of stress and vulnerability to their systems.

RANSOMWARE: It is difficult to overstate the impact that ransomware has had over the past decade. Looking past the direct losses (the FBI reports that $12.5 billion was lost to ransomware attacks in the U.S. alone in 2023), ransomware’s continued success comes from constant change driven by the need to evade improving defenses and law enforcement takedowns. Social engineering and credential theft continue to be the top attack vectors used by malicious actors, more often than any other action, leading to ransomware events.

Click Below to Continue Reading

arrow

PHISHING: One of the oldest forms of cyberattack, phishing remains a serious problem because the intended victim continues to be a soft target, especially as attacks grow in sophistication. Spear phishing, in which attackers target specific individuals with highly personalized messages, was always dangerous. But these attacks are now becoming easier to craft thanks to the malicious use of generative AI. Historically, organizations sought to improve their defenses through user education and training. Today, organizations must assume malicious actors will be successful and plan their cyber resilience strategies accordingly.

COMPLEXITY OF MODERN IT: As organizations develop increasingly complex IT environments that combine legacy systems, cloud services and third-party integrations, they face significant risks. These complex environments can be challenging to manage and secure. Further, vulnerabilities and dependencies in one part of an organization’s infrastructure can affect the functions of other systems throughout the environment. For example, an application hosted by one cloud provider may rely on microservices supported by another provider. These risks must be understood and addressed to improve cyber resilience.

SUPPLY CHAIN ATTACKS: Cybercriminals frequently target the weak links in supply chains, such as small suppliers or third-party service providers that have access to the information or systems of a larger, more secure organization. By compromising the smaller entity, attackers can bypass the stronger defenses of the larger organization by exploiting that trust.

LIMITED VISIBILITY: The complexity of modern IT systems also makes it more difficult for organizations to maintain clear visibility into their environments, which is crucial for cyber resilience. Inadequate monitoring and visibility into an organization’s network and systems can result in the delayed detection of security incidents. The longer it takes IT teams to detect an incident, the more damage cyberattacks can do, and the longer it may take for a recovery. Organizations need robust monitoring tools and practices to identify and respond to threats promptly.

How can your organization bounce back
quickly from a cybersecurity breach?

Gary McIntyre

Managing Director of Cyber Defense, CDW
Gary McIntyre is the Managing Director of Cyber Defense at CDW, focused on customer cybersecurity operations and defenses. He is a seasoned information security professional with over 20 years of experience focusing on the development and operation of large-scale information security programs. As an architect, manager and consultant, he has worked with a wide range of public and private sector org

Jeremy Archer

Managing Director for Offensive Security at CDW
Jeremy Archer is the Managing Director for Offensive Security at CDW. With more than 25 years of information technology and security experience, Jeremy leads teams in effective offensive cybersecurity services and helps clients identify and resolve their cybersecurity risks.