Cyber risk Mitigation Assignment Answers

Question:

Explain how to reduce potential vulnerabilities, protect against intrusion attempts, and better anticipate future threats to address cyber risk associated with critical networks and information systems.

Cyber risk Mitigation Answer and Explanation

2. Implement Strong Security Measures

- Network Segmentation: Divide networks into segments to limit the spread of an attack and isolate sensitive information.

- Update Software and Systems: Regularly update operating systems, applications, and firmware to patch known vulnerabilities.

- Automated Patch Management: Use automated tools to manage and apply patches promptly.

- Security Awareness Programs: Conduct regular training sessions to educate employees about phishing, social engineering, and safe browsing practices.

- Simulated Phishing Attacks: Perform periodic phishing simulations to assess and improve employee awareness and response.

- Continuous Monitoring: Implement continuous monitoring of network traffic, user activities, and system logs to detect and respond to suspicious activities.

- Centralized Logging: Use a centralized logging system to collect and analyze logs from various sources for comprehensive visibility.

- Secure Coding Standards: Adopt secure coding practices to minimize vulnerabilities in software development.

- Regular Code Reviews and Testing: Conduct regular code reviews, vulnerability assessments, and penetration testing to identify and fix security issues.

- Adherence to Standards: Ensure compliance with relevant regulations and standards (e.g., GDPR, HIPAA, NIST, ISO 27001) to maintain a robust security posture.

- Regular Audits: Conduct regular internal and external audits to verify compliance and identify areas for improvement.