Benefits and value of cyber resilience
The adoption of a cyber resilience framework provides substantial benefits and value to organizations:
- Reduced risk posture: By proactively identifying and addressing vulnerabilities, organizations can significantly diminish their susceptibility to cyber threats.
- Pressure-tested protection: Through rigorous testing, including penetration and chaos testing, security measures are validated against potential real-world cyber scenarios, ensuring their effectiveness.
- Cyber resilience governance enhancement: Cyber resilience governance involves the integration of resilience planning into business continuity, disaster recovery and incident response teams, ensuring a coordinated and swift response to incidents.
- Identification of key IT dependencies: A thorough inventory of critical business processes and sensitive data across the IT environment allows for a more targeted and effective defense strategy.
- Testing of real-world resilience scenarios: By simulating actual cyber attack scenarios based on business priorities, organizations can assess and improve their resilience capabilities.
- Continuous improvement of cyber resilience (CR) capabilities: Cyber resilience is an iterative process that benefits from evidence testing and the continuous refinement of strategies and controls.
Getting started
The journey toward cyber resilience begins with a strategic assessment of the organization’s current cybersecurity posture. This involves leveraging solution offerings such as the EY Rapid Cyber Resilience Assessment and Critical Business Process Discovery to gain a comprehensive view of the organization’s cyber resilience posture. Organizations must also consider geopolitical tensions, the advancement of AI technology and the adequacy of investment in planning for business continuity, disaster recovery and incident response.
How to achieve cyber resilience in five points: an EY perspective
Ernst & Young LLP (EY) proposes a comprehensive approach to achieving cyber resilience through the following five-point framework:
- Data awareness: A critical step involves understanding the organization’s data landscape, including cataloging critical business processes and mapping them to IT systems, applications and storage repositories.
- Zero-trust architecture: Implementing a zero-trust architecture requires a thorough reevaluation of network access controls and verification processes, ensuring that no entity within or outside the network is trusted by default.
- Incident readiness: Incident readiness entails the development of robust incident response plans that are regularly revisited and updated to reflect the latest threat intelligence and organizational priorities.
- Resilience by design: Cyber resilience must be integrated into the design and lifecycle of systems and operations, ensuring that resilience is not an afterthought but a foundational component.
- Stakeholder engagement: Achieving cyber resilience requires the engagement and collaboration of cross-functional teams, ensuring that resilience efforts are unified and informed across the organization.
How to assess yourself
When it comes to building and assessing cyber resilience, partnering with a trusted specialist can provide the expertise and perspective needed to thoroughly evaluate and enhance your organization's cybersecurity posture. Handling such complex assessments internally can be challenging due to potential resource constraints and the difficulty of maintaining objectivity. Here's how collaborating with a firm like EY can benefit your organization:
- Leverage specialized knowledge: EY brings a wealth of knowledge and experience in cyber resilience, offering a comprehensive assessment that aligns with leading practices and industry standards.
- Unbiased objective risk assessment: An external partner can provide an unbiased view of your cybersecurity strengths and weaknesses, helping to identify blind spots that internal teams might overlook.
- Access to advanced tools and methodologies: EY provides access to state-of-the-art tools and methodologies for resilience testing, including sophisticated penetration testing and business impact analysis.
- Regulatory and compliance insights: With deep insights into regulatory requirements and compliance, EY can identify cyber resilience strategies that meets all necessary legal and industry-specific standards.
- Continuous improvement and support: EY can offer ongoing support and advice for continuously improving your cyber resilience posture, helping to keep your defenses up-to-date with the evolving threat landscape.
By engaging with EY, your organization can take advantage of specialized services designed to assess, develop and implement a robust cyber resilience framework tailored to your unique needs and challenges.
Board-level commitment to cyber resilience
The transition to a cyber resilience framework necessitates a profound commitment from the organization's board, which is pivotal for three key areas:
- Board-level awareness: Board members must be well-versed in cybersecurity principles and the specific threats relevant to the organization. This technical awareness is critical for understanding the implications of strategic decisions on the organization's cyber risk profile. It is achieved through regular, detailed briefings on threat intelligence, cyber risk assessments and the status of cybersecurity initiatives.
- Resource allocation: The board's commitment is demonstrated through the strategic allocation of resources to bolster cyber resilience. This includes approving budgets for advanced cybersecurity tools, such as AI-driven threat detection systems, and ensuring the organization has access to skilled cybersecurity professionals. Investment decisions should be data-driven, based on a clear understanding of the organization's risk exposure and the potential ROI of cybersecurity initiatives.
- Policy development: Board members play a crucial role in the development and ratification of cybersecurity policies. These policies must be technically comprehensive, mandating the use of industry-standard cybersecurity frameworks (e.g., NIST CSF, ISO/IEC 27001) and ensuring adherence to regulatory compliance. The board should also advocate for policies that enforce regular cybersecurity audits and the integration of resilience planning into the enterprise risk management framework.
Enhancing stakeholder engagement in cyber resilience
Technical stakeholder engagement is essential for the depth and breadth of cyber resilience across the organization:
- Internal stakeholder education: A technically informed workforce is the first line of defense against cyber threats. Continuous cybersecurity education programs, including training on the latest cybersecurity technologies and best practices, are vital. Employees should be familiar with the organization's incident response protocols and the use of automated tools for threat detection and response.
- Cross-functional collaboration: Cyber resilience requires the synchronization of technical efforts across various departments. IT and security teams must work in concert with other departments to integrate cybersecurity considerations into all business processes. This includes the use of cross-departmental cybersecurity platforms that provide visibility into the security posture across different business units.
- External partner coordination: Engaging with external stakeholders means extending the organization's cybersecurity standards throughout the supply chain. This involves technical collaboration, such as the implementation of shared security tools, regular security audits and the establishment of joint incident response mechanisms to ensure swift action in the event of a breach affecting multiple parties.
Recent cyber attacks and the importance of cyber resilience
Recent cyber attacks highlight the importance of cyber resilience. These incidents reveal that despite robust security measures, vulnerabilities can still be exploited, leading to significant business disruptions. The growing sophistication of cyber threats necessitates an approach that extends beyond prevention, emphasizing the ability to quickly adapt, respond and recover from incidents. The importance of cyber resilience is further accentuated as it becomes clear that a proactive and comprehensive strategy is essential for maintaining business continuity in an increasingly digital landscape.
Testing of real-world resilience scenarios
Technical adversarial simulations are essential for validating the effectiveness of an organization's cyber resilience posture. These simulations involve sophisticated emulation of cyber threat actors' tactics, techniques and procedures (TTPs) to challenge and improve the organization's security measures. Here are detailed examples of technical adversarial simulations:
- Red team penetration testing: A red team might utilize advanced persistent threat (APT) emulation plans that mirror known threat actor behaviors to test the organization's ability to detect and respond to stealthy, long-term intrusions. This could involve the use of custom-developed malware, exploiting zero-day vulnerabilities or establishing covert command and control (C2) channels to assess the organization's endpoint detection and network defense capabilities.
- Purple teaming with MITRE ATT&CK framework: Purple team exercises can leverage the MITRE ATT&CK framework to map out attack scenarios and identify detection and prevention gaps. By simulating specific adversary behaviors from the ATT&CK matrix, both offensive and defensive teams can collaboratively enhance the organization's security controls, such as fine-tuning Security Information and Event Management (SIEM) rules and improving Endpoint Detection and Response (EDR) configurations.
- Cyber range tabletop exercises: Cyber range environments can host immersive tabletop exercises where participants respond to simulated cyber incidents in a controlled virtual setting. These exercises might involve responding to a simulated supply chain compromise that requires analyzing network traffic for indicators of compromise (IoCs), reverse-engineering malware and executing a coordinated incident response across multiple departments.
- War gaming with network segmentation: In a war gaming scenario, teams may test the resilience of network segmentation strategies against lateral movement techniques. Attackers might attempt to escalate privileges and move laterally using techniques like Pass-the-Hash or Kerberoasting, while defenders use intrusion detection systems (IDS) and network access controls to contain and neutralize the simulated breach.
- Continuous breach and attack simulation (BAS): BAS platforms can be employed to continuously and automatically simulate a wide array of cyber attacks against an organization's infrastructure. These platforms can execute attack simulations that test the efficacy of security controls against advanced evasion techniques, such as obfuscated PowerShell scripts, memory injection attacks or the exploitation of misconfigurations in cloud services.