Having a Security Incident Response Plan is a Must for Businesses

Having a system in place for preventing cyber attacks is not an option for businesses. It’s a must. Part of that is having a security incident response plan at the ready in case prevention methods fail. Let’s talk about what it means to have an incident response plan & how you can go about making one for your company.

60% of businesses that experience cyber attacks will go out of business within 6 months.

Because they don’t prepare for it, is the reason the majority of business go out of business after a security breach. Not only are they unable to protect their company from an attack, but they can’t control the damage either.

With technology always advancing, different types of cyber attacks are a common occurrence for small businesses.

This is why it’s so important to have a security incident response plan in place in case a cyber attack does happen. In this blog, we’ll discuss the different aspects of security incident response that you should plan for right now.

Important Aspects of Your Security Incident Response Plan

Cyber attacks happen often, especially if you don’t have a reliable risk management company protecting your business.

This means you need to have a solid plan in place that will minimize the damage and potentially save your company from going out of business.

Plan of Action

You need to create an initial plan of action that will go into effect right when you learn of a cyber attack.

First, you need to find the source of the security breach. Then you need to see how far into your system the breach has spread. Finally, you’ll stop it from further spreading, and eliminate the cyber threat.

Then, you’ll want to switch to backup servers so you can continue working safely and obtain any info you need from these servers.

Notify Customers, Clients, and Partners

Once the security breach has been taken care of, you need to notify everyone that could have been affected by the cyber attack.

If your system containing client information, they need to be made aware that their information could have been stolen. This will allow everyone affected to take the necessary steps to protect themselves from any further harm.

Gather Forensic Info

Once the threat has been eliminated and you’ve moved to backup systems, you’ll want to investigate your affected servers.

You need to try and gather as much information about the cyber attack such as how it happened and where it originated.

Once you’ve gathered all of the necessary information, contact the authorities so they can try to find out who conducted the attack.

Hire a Cyber Security Company

The best way to prevent another cyber attack is by hiring a cyber risk management company that will give your systems the protection they need.

The last thing you want is to suffer back-to-back cyber attacks because you didn’t change your security approach. Customers may be forgiving after one breach of security, but you’ll almost certainly lose them after a second cyber attack.

For More Information

If you want to decrease the risk of your company failing due to suffering from a cyber attack, you need to have a security incident response plan.

This plan should consist of a plan of action, notifying the people affected, gathering info, and ultimately hiring a cyber risk management company.

For more information on how you can help protect your business from cyber attacks, please contact us today.