In our podcast’s debut episode, we explored small business cybersecurity and insurance, highlighting the evolving nature of cybersecurity resilience. Criminals, cyber and otherwise, often see small businesses as easy targets due to challenges in maintaining strong defenses. Threats constantly adapt, and businesses must keep pace. We seek to pass on things we see that might help so to complement our discussion, we’re sharing insights from biBerk Business Insurance on crafting effective cybersecurity incident response plans.
BiBerk outlines the importance of robust plans to mitigate cyber threats such as malware, phishing, denial-of-service attacks, and social engineering.
Elements of a Cybersecurity Incident Response:
- Incident Response Team: Assign roles to address technical, communication, and operational needs.
- Incident Identification: Define clear procedures for detecting and reporting incidents.
- Containment and Mitigation: Outline steps to isolate affected systems and neutralize threats.
- Recovery Strategies: Document actions to restore systems and recover data.
- Incident Communication: Develop plans for outreach to employees, clients, and partners.
- Post-Incident Analysis: Review incidents to improve future responses.
- Employee Training: Provide regular cybersecurity education.
- Regular Updates: Keep the plan current with emerging threats.
BiBerk also highlights the value of cyber insurance as part of a resilience strategy, offering financial protection against breaches.
