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Security breaches throughout 2017 have taught us an important lesson: Organizational security is more than just protecting data. Today’s business environment requires executives to keep their data, teams, physical assets and finances safe and secure.  It’s critical you defend what matters most.

This is a big responsibility for businesses and as daunting and devastating as today’s threats are, the good news is that most are easily avoidable.

But first, in order to mitigate and manage any type of security threat, you have to understand why they even occur at all.

Understanding the “Why”

Understanding the “why” is critical for if you’re looking to enact change, fill the gaps in your program, gain organizational buy-in and ultimately, keep your organization secure. Every organization that has ever experienced a breach, is likely to have had a different chain of events resulting in their attack, yet there are several pitfalls that almost any organization can find themselves in. Here are the top 4:

1. You Don’t Have a Business Continuity Plan

Business continuity management is a key strategy for remaining resilient and secure. Yet when your organization is faced with remaining competitive, keeping multiple initiatives moving and finding ways to meet customer’s increasing expectations, planning for threats can seem like the least important priority. 

However, the dangers of side stepping business continuity management are real. In fact, 56% of organizations report having to activate their business continuity plans within the past six months to a year.

To truly prepare for any threat and minimize damages, a business continuity plan should be enacted to define and address all critical processes and applications that could be disrupted.

2. Your Business Continuity Plan is DIY

If you’re an organization that has a business continuity plan in place, there are always opportunities to improve your program. Replacing static plans built in DIY programs such as PDF’s, Excel, and Word docs is a necessary optimization for increased safety and security.  

During a breach, you’ll want to have the most up-to-date plan that is integrated with current company data and can be accessed on any device. Utilizing a cloud-based business continuity software and emergency notifications systems to streamline your incident management allows you to do just that. 

Tools like these can offer you an all-in-one, integrated platform to empower you and your security teams to overcome potential obstacles. 

3. You Only Meet the Minimum Compliance Requirements

A complete business continuity approach is comprised of assessing criticalities, creating plans, and visualizing incidents to manage disruptions.

When the fate of your institution and your client’s security is at stake, simply checking a box to meet federal and industry compliance requirements is not enough

Organizations that are most successful in avoiding security threats, not only remain agile against existing compliance and regulatory standards. They go above and beyond by implementing a comprehensive business continuity program.  

4. Your Technology and Security Systems Are Out of Date

Keeping up with and implementing new technologies and security systems requires organizational attention. The pace at which these systems are outdated gets faster and faster every day.

Yet, using outdated systems can mean duplicative work, incorrect information, and incomplete data—all which make you vulnerable to attacks. Ultimately, your business is only as strong as the tools you put in place.

It may not be realistic for your business to have the latest and greatest systems, but you do need to maintain the ones you have in place. Business continuity planning helps you identify which systems are most critical for sustaining security.

Not Surprised?

None of the reasons why security breaches occur are that surprising. They’re challenges we’ve all likely faced.

Maintaining safety and security is an organizational-wide responsibility that extends beyond business continuity and IT teams. This starts with company leaders creating a security-minded culture.

Make sure you’re prepared and that your organization is not surprised when a security breach occurs.  

For more great industry info, check out our free whitepaper:

Free Whitepaper - Cyber Security: Beyond the Burden and Into Revenue

Topics: Cyber Security| Business Continuity

Assurance Software

Written by Assurance Software

Assurance Software takes your company’s enterprise-wide business continuity and resiliency program to the next level. With Assurance as your go-to partner for continuity and resilience, you can confidently mitigate risk, manage recovery, and safeguard your employees, customers, operations and brands.

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