It’s no secret that cybercrime is on the rise. According to a report from the FBI, cybercrime costs businesses an estimated $575 billion each year. That’s a lot of money! But it’s not just businesses that are feeling the heat – individuals are also becoming targets. In this article, we’ll be exploring some of the basics of cyber incident analysis and response.
What is a Cyber Incident?
A cyber incident is a disruption or unauthorized access to electronic systems or information. Cyber incidents can range from simple hacks to full-blown data breaches.
The goal of any response to a cyber incident is to remediate the situation as quickly and efficiently as possible while mitigating any potential damage.
There are a number of steps that should be taken in the aftermath of a cyber incident, including:
1. establishing an investigative team to identify the cause and perpetrators of the cyber incident
2. establishing communication protocols and procedures for sharing information between departments and agencies
3. identifying systems that may be at risk and taking steps to harden them against future attacks
4. implementing cybersecurity measures on servers, networks, endpoints, and applications
5. focusing on educational efforts to help employees understand the importance of cyber security
6. taking steps to restore public trust in the institution after a cyber incident
Types of Cyber Incidents
There are many types of cyber incidents and in order to respond effectively, it is important to understand the different types. This will help you determine the most appropriate response for your organization.
A denial of service (DoS) attack is when a malicious actor attempts to use the resources of a target system or network to render it unavailable to its intended users. A DoS attack can be carried out by flooding a target system with illegitimate requests, making it difficult for legitimate users to access services.
A phishing attack is when an attacker sends emails that appear to be from a trusted source, such as a company or individual, with the intent of obtaining sensitive information such as login credentials or financial data. Phishing emails may also include links that take users to websites where they may be victimised by malware or other threats.
An attack on critical infrastructure is when an adversary seeks to exploit weaknesses in systems that support public safety and critical functions, such as transportation, communication, and energy production. An attack on critical infrastructure can result in physical damage or disruption of services that affect millions of people.
A data breach is any unauthorized access to sensitive personal information, such as account names, passwords, Social Security numbers
Responding to a Cyber Incident
Cyber incidents can have a significant impact on businesses and organizations. In order to respond effectively to a cyber incident, it is important to have a clear understanding of the event and its origins. Additionally, responders must be prepared to take action quickly in order to mitigate the potential damage caused by the incident.
This blog will provide an overview of cyber incident analysis and response, including tips on how to identify and respond to malicious activity. It will also discuss mitigation strategies and how to build an incident response plan.
Finally, we’ll provide an overview of the National Cyber Security Centre (NCSC) facility in London and its role in responding to cyber incidents.
Cybersecurity Laws in the United States
The United States has a number of cybersecurity laws in place to protect its citizens and businesses from cyberattacks. These laws are important because they help to ensure that the country is prepared should a cyberattack occur and that victims are able to receive fair compensation if they are affected by a cyberattack. Here is a list of some of the most important cybersecurity laws in the United States:
The Cybersecurity Information Sharing Act (CISA) was enacted in 2015 as part of the omnibus spending bill. CISA allows private companies to share cybersecurity information with each other without fear of legal repercussions. This information can include details about attacks, vulnerability exploits, and other technical information. CISA has been controversial because it allows companies to share sensitive information without first getting consent from the individuals involved.
The Strengthen Cybersecurity Information Sharing Act (SCISA) was enacted in November of 2016. SCISA is similar to CISA in that it allows private companies to share cybersecurity information with each other without fear of legal repercussions. SCISA, however, requires companies to get consent from the individuals involved before sharing this information.
The National Defense Authorization Act for Fiscal Year 2017 (NDAA) includes provisions related to cybersecurity. One
Conclusion
Cyber incidents can have a devastating impact on organizations, with an average cost of a cybercrime reaching $4 million. In this article, we will discuss the different steps that should be taken in order to respond to a cyber incident effectively. We will also provide recommendations for how to stay ahead of the latest cyber threats, and how to protect your organization from them.
