Today’s cyber threat landscape is diverse – new threats are emerging every day and cyber criminals are being sophisticated in terms of their covert nature and ability to launch attacks in massive frequency with minimal chances of detection.
Today’s cybersecurity threats are so fast and sophisticated that they can disrupt IT functions for hours, days, and even months. For example, the ransomware attack prevents users from accessing their systems or files unless they pay a ransom to notorious extortionists. Under such circumstances, having an effective incident management program is always necessary.
In cyberwarfare, cybersecurity threats and attacks are constantly expanding and evolving. Due to the sophistication and modern approaches used by malicious actors, security professionals in Security Operation Centers (SOCs) are unable to deal with critical threats as effectively and quickly as possible.
As cybersecurity measures are improving day by day, threat actors are also being sophisticated and creating high profile attacks to evade modern defense systems. These attacks result in generating major incidents, which are the highest-urgency and highest-impact incidents that can affect too many individuals or/and companies at the same time depriving critical data or hampering critical business operations.
Data is regarded as the most valuable asset in today’s business world. The examples of critical data include e-commerce data, e-banking data, and Personally Identifiable Information (PII). Therefore, data security is, and data breaches have become an international concern for individuals as well as organizations. The role of the Cybersecurity Risk Management Framework (RMF) in data security is indispensable. The RMF provides a structured, disciplined, and flexible process for managing the privacy and security risks that include information security categorization, control selection, assessment, and implementation, as well as system and control authorization and continuous monitoring.