Lessons learned and improvements made following incidents – as discussed in the previous section – are especially important to avoid being overwhelmed twice by similar incidents or vulnerabilities. But organizations like financial institutions shouldn’t only rely on past experience. Cyber criminals often attack organizations that are similar to one another, using techniques they have learned from previous events. It is therefore crucial to be able to prevent the most common attacks, especially those occurring against direct peers or competitors.
Considering this fact, organizations should not simply maintain a reactive state but preferably be proactive to mitigate the most recent cyber risks before even being targeted. This can involve staying up to date on the latest cyber threats, vulnerabilities and attack techniques as well as implementing appropriate security controls and measures to mitigate the corresponding risks.
Additionally, it is important to have a well-trained and informed workforce that understands the importance of cybersecurity and can help mitigate risks through safe cyber practices. This can be achieved by training employees on best practices for securing data and systems and conducting organization-wide cyber awareness campaigns. More generally, leaders should promote a culture of security awareness throughout the organization.
Overall, being proactive in addressing the most recent cyber threats involves a combination of staying alert, implementing best practices and training employees on safe cyber practices. This should always be accompanied by regular assessment and testing of the security measures in place.