Did you know that over 95% of cybersecurity breaches are caused by human error? If you’ve fallen victim to a cybersecurity breach, you must devote time and energy to recovering your business and revamping your cybersecurity strategy.
So, how do you recover your business from a cybersecurity breach?
Keep reading as we discuss the consequences of a cybersecurity breach, how to handle them, and how to forge a more robust cybersecurity strategy to prevent future violations.
What Happens After A Cybersecurity Breach?
When you suffer a cybersecurity breach, this could have devastating effects on your business's health. Here are some of the consequences of a cybersecurity breach:
- Legal consequences - if your cybersecurity breach causes a break in GDPR compliance, you could face legal ramifications. Resolving these legal issues could cause significant financial loss.
- Loss of trust - if you fall victim to a cybersecurity breach, this could put the faith of your stakeholders in the balance, jeopardizing your existing and future business relationships. You may also lose clients after the cybersecurity breach if client data is exposed.
To mitigate these consequences and to restore trust in your business, it’s essential to let your clients and stakeholders know what your business is doing to prevent future threats. Read on as we discuss the best ways to prevent future cybersecurity threats.
How To Prevent Future Cybersecurity Breaches
If you have fallen victim to a cybersecurity breach, consider taking the following steps to prevent future risks.
Providing Employees With Cybersecurity Training
As mentioned earlier, many breaches are caused by a lack of training or human error. To minimize your risk when it comes to cybersecurity breaches, you should provide your employees with adequate cybersecurity training that covers the following topics:
- Password health - to create a robust cybersecurity strategy, instruct your employees on the importance of password health. Their passwords must be strong and unique. One of the best ways to implement a password-health policy is to invest in password management software. It monitors password strength and lets employees know when one of their passwords is compromised.
- Performing software updates - you should establish a company-wide policy that enforces that employees should perform software updates as soon as they arise. Software updates resolve vulnerabilities in older software versions, and by updating the software, you eliminate any gaps that a cyberattacker could take advantage of.
- Spotting phishing scams - malware attacks, ransomware, and phishing scams contribute to many cybersecurity events. You should train your employees to spot phishing attempts and withhold their personal information and any sensitive company information.
Integrating Cyber And Physical Security
Following a data breach, it’s essential to ensure that a physical security breach does not lead to a cybersecurity breach and vice versa. To do this, it’s best to merge cyber and physical security. You can combine cyber and physical security in the following ways:
- Implementing zero-trust - you should implement zero trust across both your cyber and physical security strategies to minimize the impact of a security breach. In a zero-trust policy, employees, building visitors, and contractors are only granted access to the physical and digital resources they need to carry out daily operations. You will lessen the impact if their access card or account becomes breached.
- Combining teams - if your cyber and physical security teams operate separately, this could slow operations and create data silos between groups. Connecting teams will allow for collaboration and communication for a strengthened overall strategy, preventing a cyber breach from turning into a physical one and vice versa.
You must stay aware of your security strategy's emerging and evolving vulnerabilities. The security climate is ever-changing, and security threats are constantly becoming more sophisticated. To ensure your security strategy is equipped to face these challenges, you should conduct regular penetration testing to find any weaknesses in your system.
You must ensure that anyone accessing your building or network is who they claim to be. A cyber attacker or intruder can use stolen credentials to access company resources. So, to prevent this from happening, you should implement an MFA access control that confirms user identity.
MFA includes password protection and biometrics, using more than one method to verify user identity. An excellent example of MFA is integrating school security camera systems with access control to verify employee identity using recognition software.
Cybersecurity breaches can be devastating to overall business health. If you’re looking to recover from a cybersecurity breach, you need to regain the trust of your stakeholders by strengthening your security strategy. Consider the tips, tools, and technologies listed in this article and how far they would go in preventing future breaches.