Strategies to Demonstrate True Security of Your Business

June 14, 2023

Discover effective methods and strategies to demonstrate the true security of your business. Explore comprehensive approaches to validating your organization’s security measures, including risk assessments, vulnerability testing, compliance audits, and employee training.

Learn how to provide tangible evidence of a robust security posture, instilling confidence in customers, partners, and stakeholders while safeguarding your valuable assets from potential cyber threats.

Maintaining the security of your data can help shield it from hackers and competitors who may attempt to access sensitive information. Furthermore, it ensures your business abides by industry regulations.

When selecting security measures, it’s essential to consider all potential avenues an intruder could access your information. USB drives or disgruntled employees could pose serious risks.

Audit Trails

  • Audit trails are an integral component of your business’ security program. They demonstrate that you have a robust, well-run system in place to safeguard data and prevent breaches or theft.
  • An audit trail keeps track of events within a computer system or network, including who was involved and what occurred. It may also contain evidence of unauthorized access such as when someone attempted to log onto the system or access sensitive information.
  • For instance, if a medical practice suspects data has been altered, an audit trail can help them determine who accessed it and when. It also assists in establishing whether an error was intentional or accidental.
  • Maintaining an audit trail necessitates software and hardware capable of recording information in a form that can be analyzed for security purposes. There are various log collectors available, from simple open-source solutions to enterprise-grade security information and event management (SIEM) tools.
  • To maintain organization, audit trails should be stored in either a central database or an isolated directory that is accessible only to authorized users. Doing this reduces the chance that sensitive data could be accidentally lost or deleted.
  • Maintaining the integrity of audit trail data is paramount, so it should be regularly reviewed by system stakeholders and IT security specialists. Any modifications to audit trail data should be prevented through mechanisms such as digital signatures.
  • Audit trails can deter unauthorized behavior, such as internal fraud or misuse of privileged access to critical systems. They also enhance incident response by enabling security teams to reconstruct events after an incident and learn from their mistakes in order to provide better responses in the future.
  • Many organizations find the most efficient way to track these activities is through an automated recording tool. This makes managing a large amount of work much simpler, eliminating manual input. ProjectManager, for example, can automatically generate a task audit trail whenever a task changes status or gets approved by a team member.

Incident Response

  • Security incidents can range from a single employee clicking on an malicious link in a phishing email to a major breach that exposes sensitive data. These events can result in significant business disruption as well as legal or compliance violations.
  • To protect your business, it’s essential to understand the threat landscape, create an incident response plan and implement solutions tailored for each company’s vulnerabilities. Doing this will guarantee both current and long-term security for your enterprise.
  • Incident response involves the prevention, detection and mitigation of cyberattacks such as malware infections or identity theft. These steps can help your company minimize damage, recover quickly and operate efficiently.
  • Five steps are essential to an effective incident response process: prepare, respond, investigate, contain and eradicate. These are the fundamentals of each step:
  • Preparing — Determining What Tools You Need: Evaluate your existing security measures and policies to determine if they are effective. If not, now is the time to implement new ones or revise the current set. This includes performing a risk assessment in order to identify which vulnerabilities and assets are most critical.
  • Respond — Detecting and Identifying: The next step should be to identify the attack, its source, and any objectives of the attacker. This can be accomplished using security information and event management (SIEM) software or endpoint detection and response (EDR) tools.
  • In this stage, it is essential to collect and preserve evidence of the incident. This information will be invaluable in later investigations to ascertain what occurred with your company’s systems and information.
  • After containment, you must take steps to eliminate the threat. This may involve disabling access to your systems, reset passwords, re-encrypt sensitive data and patching vulnerabilities. However, this is an extensive and detailed process requiring specialized expertise such as digital forensics or malware analysis.

Business Continuity Plan

  • No matter if you run a small company or an enormous corporation, the success of your business relies on its capacity for staying competitive. That means avoiding customer dissatisfaction, maintaining productivity levels and cutting operational expenses down.
  • Fortunately, you can create a plan to help meet these objectives. A business continuity plan (sometimes referred to as a contingency plan) assists you identify the risks specific to your company, how those hazards could impact operations and how best to respond if such threats materialize.
  • The initial step is to conduct a business impact analysis (BIA). This will enable you to identify any potential threats facing your organization, such as natural disasters, IT disruptions or supplier failures.
  • Next, your team should identify the critical resources essential to your business and develop a plan for maintaining them. This may include staffing levels, hardware replacement costs and backup warehouse space requirements.
  • It is essential to document your processes and procedures in a comprehensive way. Doing this will guarantee the right people are contacted at the right time, with all the information they require to get their job done efficiently.
  • Once your BCP is created, it must be tested regularly to ensure it addresses emerging and recurring issues. This can be done through tabletop exercises, roleplaying scenarios, or performing functional exercise scenarios that replicate real attacks and responses.
  • By performing these tests, you’ll be able to identify areas for improvement or amendment in your plans. That will provide the insight necessary for making necessary changes within your organization.
  • In addition to testing, you should regularly bring your team together for a review of the plan. Doing this will guarantee that all members are aware of any recent modifications and feel comfortable with them.
  • A sound business continuity plan should be updated at least annually to account for changes in technology, personnel and the environment. Doing this will guarantee your organization can remain operational efficiently and safely during a disaster.

Third-Party Audits

  • One of the most crucial ways to demonstrate that your business is secure is through third-party audits. These reviews demonstrate your adherence to laws and regulations protecting your organization, while also helping identify areas for improvement which could prevent future security incidents.
  • Third-party audits are performed by professional auditors who have no direct connection to your company and aim to assess your quality management systems and adherence to industry standards.
  • Audits are frequently performed based on standards created by a third-party or regulatory agency. In some instances, audits may be mandated by customers who require that their suppliers meet specific criteria (e.g., ISO 9001, ISO 14001, and safety certifications).
  • Though these audits may not be as thorough as a government inspection, they can still be beneficial in identifying compliance gaps and corrective actions that need to be taken. Furthermore, audits help build your credibility by helping employees and communities understand your commitment to food safety.
  • However, you should be aware that many third-party audits are driven by market demands and relationships. This means they are created and implemented to meet customer requirements and boost end-user confidence in food safety.
  • Research has indicated that consumers lack confidence in the food they consume. To address this issue, large businesses began creating and implementing standards to boost their customers’ assurance levels.
  • These standards were initially created and implemented to guarantee manufacturers met benchmarks that showed their products had been produced safely. As a result, these audits have become highly valuable tools used across numerous industries.
  • Audits of third-party access can be beneficial, but they must be conducted correctly to avoid becoming a security risk for your company. The solution lies in creating an extensive auditing process and utilizing real-time monitoring, reporting, and data classification tools to keep track of all your third-party connections and detect issues early.

Ammar Fakhruddin

ABOUT AUTHOR

Ammar brings in 18 years of experience in strategic solutions and product development in Public Sector, Oil & Gas and Healthcare organizations. He loves solving complex real world business and data problems by bringing in leading-edge solutions that are cost effective, improve customer and employee experience. At Propelex he focuses on helping businesses achieve digital excellence using Smart Data & Cybersecurity solutions.


Data Security Through Data Literacy

Data Security Through Data Literacy

Unlocking data security through data literacy. Explore the pivotal role of understanding data in fortifying cybersecurity measures. Data is now pervasive, and it is important for people to understand how to work with this information. They need to be able to interpret...

Trojan Rigged Tor Browser Bundle Drops Malware

Trojan Rigged Tor Browser Bundle Drops Malware

Trojan Rigged Tor Browser Bundle drops malware. Stay vigilant against cybersecurity threats, and secure your online anonymity with caution. Threat actors have been using Trojanized installers for the Tor browser to distribute clipboard-injector malware that siphons...

Siri Privacy Risks: Unveiling the Dangers

Siri Privacy Risks: Unveiling the Dangers

Unveiling Siri privacy risks: Understand the potential dangers and take steps to enhance your digital assistant's security. Siri is a great piece of technology, but it can also be dangerous to users’ privacy. This is a serious issue that should be addressed....

Recent Case Studies

Press Releases

News & Events

Solutions

Managed Security Services
Security & Privacy Risk Assessment
Cloud Platform Security
Incident Response & Business Continuity

Penetration Testing

Virtual CISO

Email Security & Phishing

Resources

Blog

About Us