Understanding the impact and what you can do to make your organization more resilient is key to protecting brand, reputation and sensitive customer information, intelligence and/or specific threat information, (both internally and with external partners and stakeholders) to ensure timely and appropriate information reaches those who must act upon it.
However if you are new to cyber security, becoming a junior security analyst is a great way of getting your foot into the cyber security sector as it allows you to get a greater understanding of cyber attack patterns and what you can do to defend against them.
Key to cybersecurity compliance and the audit process is to recognize the cybersecurity framework approach to use common sense as a matter of security and executive management best practices.
More than that, focusing on shared cyber risks, rather than competing agendas, may help both sides come together and overcome information-sharing challenges.
Internal Threat Intelligence
Remember, your own threat intelligence is almost always better than that produced by an external source. You are much better equipped to translate cyber threats and vulnerabilities into business terms to communicate more effectively with senior leadership and the board of directors, but also analyze a compliance or service availability risk that has a cyber threat trigger and sizing of that risk in quantifiable business terms.
Cyber hygiene encompasses a broad range of best practices or disciplines that, applied consistently across an organization, provide the foundation for a strong cyber posture.
Improving the security of core systems and the privacy of sensitive data, threat intelligence technologies and services whether providing the threat intelligence or, in the case of threat intelligence sharing platforms, the means to curate and share content yourself are now available and provide the basis for a SOC built for intelligence. This will also be used to regularly assist with the sharing of intelligence on financial crime threats and vulnerabilities internally and externally across your organization.
Technology automation can help analysts make the most of time by slashing the workload for closing routine, lower-level incidents as you begin to engage your legal vendors on cyber security risks.
Understanding both the big picture and the steps that you and your organization will need to take together is important also. One key take away from external training is that it gives you the foundations to create a threat intel capability into your organization and enables security personnel to develop more proactive and mature response practices against threats and move defences higher up the kill chain.
Conventional Threat Management
Conventional threat management is based on the management principles that the business-as-usual threats need to be addressed for any solution.
Just like your sensitive information may be stored with external providers yet is still part of your brand value and your delivery strategy, your response plans need to integrate intelligence about those providers with said providers for investigation and mitigation.
For instance, you can find many issues yourself by threat hunting so that on rare occasions, an organization will detect a security incident before any major damage has been caused, thanks to skilled, internal cyber security experts or consultants performing threat hunting techniques.
Information Risk Management
Information risk management is the process of identifying vulnerabilities and threats to information resources used by an organization and what – if any – countermeasures should be taken to reduce risk to an acceptable level based on the value of the information to the organization.
Also, organizations realize that proactively uncovering security threats pays off with earlier detection, faster response, and effective denial of future exploits that can damage business operations.
Execute critical technology management strategies across a key supply base, establishing advanced technical solutions in support of supplied product and supplier performance combines threat research with knowledge of internal networks and vulnerabilities, providing a powerful capability to find and defeat threats that evade automated detection and prevention resources.
Want to check how your Cyber Threat Hunting Processes are performing? Find out with our Cyber Threat Hunting Self Assessment Toolkit: