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Can Cyber Technology Alone Protect Your Company? Hell No!


Introduction:


In today's digital age, where cyber threats are becoming increasingly sophisticated and prevalent, many companies invest heavily in cyber technology to safeguard their valuable assets. Yeah, yeah. You already know this. But what most people don’t understand is that while the attacks have become more sophisticated, people have not. And while cyber technology plays a crucial role in defending against cyberattacks, it would be a grave mistake to rely solely on technology for comprehensive protection. In this blog post, we will explore why cyber technology alone cannot guarantee the security of your company and the essential factors that must be considered to establish a robust cybersecurity posture.


The Limitations of Cyber Technology:


  • Human Factor: No matter how advanced or cutting-edge your cyber technology is, it is only as effective as the people managing and using it. Human error remains one of the leading causes of security breaches. Cyber insurance claim data supports this. Google it. Phishing attacks, social engineering, and password vulnerabilities are all examples of how human actions can expose an organization to cyber threats. Employees must be adequately trained and educated on cybersecurity best practices to mitigate the risks associated with human error. What are you doing with phishing exercise results?

  • Good training is critical, my two favorite companies are @Trustwave and @cyberconIQ. I have a great relationship with Steve Baer, CTO of Trustwave, an awesome SOC service (and more) and @James Norrie, CEO and Founder of cyberconIQ, an amazing company which really reduces human mistakes. These two guys keep me informed and keep me honest. More on this is a later blog as well.

  • Evolving Threat Landscape: What about internal threats? Yep, your people. You might use a web proxy to block access to certain undesirable sites. But who is looking to see who got blocked? We are not talking about a witch hunt, but trends. Most companies are happy to just stop access, they rarely track behavior let alone address it. And how is your HR department treating repeat cyber offenders? Most are doing nothing and this is a mistake. This is a subject of a future blog too.


The Importance of a Holistic Approach:


  • Cybersecurity Culture: Building a strong cybersecurity culture within an organization is vital. It involves fostering a sense of responsibility, awareness, and accountability among employees at all levels. Training programs, awareness campaigns, and ongoing education can empower employees to become the first line of defense against cyber threats. When the entire workforce understands and practices good cybersecurity hygiene, the company's security posture improves significantly. And culture comes from leadership. You can’t build a cyber culture from a grassroots effort. It needs to be top-down.

  • Risk Assessment and Management: Cybersecurity is not a one-size-fits-all solution. Each organization has unique risks and requirements. Conducting regular risk assessments and implementing a risk management framework is crucial to identify and prioritize potential vulnerabilities. And if you want cyber insurance, most carriers require that you have an Incident Response plan. A good IR plan is like a Fire Drill. They are for people and reactive responses, not automated computer responses.


Conclusion:


While cyber technology is an essential component of a company's cybersecurity arsenal, relying solely on it is a recipe for disaster. And this is not if, but when. To protect your company effectively, a holistic approach is necessary. This approach encompasses employee education, employee training and drills, risk management, proactive monitoring, incident response planning, and continuous improvement. By recognizing the limitations of cyber technology and implementing a comprehensive cybersecurity strategy, organizations can significantly enhance their resilience against ever-evolving cyber threats. Remember, it's not just about the technology—it's about people, processes, and a culture of security. How is YOUR cyber security program working for you? The CyberSure Group is a cyber security practice made up of seasoned professionals with deep cyber experience learned at Fortune 500 companies and decades of experience in the military. We love technology, but we specialize in people.

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