If there was a leak coming from your roof, how would you deal with it?
Would you try to fix it right away, or would you ignore it, thus turning into a much bigger problem that could have been avoided?
Well an incident response plan uses the same logic, except the initial hole is a cyber attack that has infiltrated your network and the leaking is lost revenue for your organisation.
What are the other benefits that come with creating one?
There are two other main benefits of creating an incident response plan, other than protecting your organisation’s finances
#1 You Will Protect Your Data
If an attack hits your organisation, if you know exactly what to do and when, you can save a majority of your original files & sensitive documentation, while also maintaining a backed-up copy. You won’t have to worry about losing data that is integral to your operations and strategy, as you will have multiple copies saved across multiple locations.
#2 You Will Protect Your Reputation & The Level Of Trust From Your Customers
Your customers are the lifeblood of your organisation, so as you would provide the best possible products and services to them, the same standard should apply to the data they have trusted you to be the custodians of.
Whether it is their credit card information or phone numbers, you need to ensure no sensitive information makes its way into the hands of any hackers.
#3 Your Business Operations Won’t Be Impacted By An Attack
We don’t want to think about the unthinkable, being an attack being successfully carried out on your network, however, as the saying goes, while we should always hope for the best, we should also prepare for the worst. If a successful attack is carried out within your organisation’s network and you have a cyber security response plan in place which is clearly understood by all relevant stakeholders, then you will be able to mitigate the risk right away, save sensitive data and files and continue to operate as per normal.
Written By: Michael from www.cogniops.com