Preparing For A Cyber Attack
Bureaucracy Today|July 2017

As disruptive innovations and new business models transform organizations and communities around the world, their sustainability is threatened by a plethora of cyber risks. We are already a witness to one of the largest cyber-attacks recently with “WannaCry” impacting the lives of many individuals and enterprises. Indeed, criminals and nation States are increasingly attacking the technology assets of individuals, organizations and Governments, stealing and selling valuable information, and in an alarming trend, paralyzing critical infrastructure. With Governments and enterprises increasingly leveraging the Internet for mission-critical cyber security continues to remain a top imperative across the world.

Nitin Bhatt
Preparing For A Cyber Attack

Unfortunately, India Inc’s response to cyber risks has not been robust. India ranks third globally as a source of malicious activities and its enterprises are the sixth most targeted by cyber criminals. Cyber resilience is a critical boardroom imperative. The key challenge for Indian companies is that most view cyber security as an “IT issue”. Consequently, cyber risks do not get appropriate top management attention. This needs to change. The cyber threat landscape continues to evolve and presents new challenges to organizations every day. In response, organizations have learned over decades to defend themselves and respond better, moving from basic measures and ad hoc responses to sophisticated, robust and formal processes.

There are three high level components of cyber resilience:

a) Sense: Sense is the ability of organizations to predict and detect cyber threats. This can be done by simply investing in cyber intelligence

b) Resist: Resist mechanisms are basically the corporate shield to cyber attacks. It begins with assessing an organization’s risk appetite

c) React: If Sense fails (the organization did not see the threat coming) and there is a breakdown in Resist (control measures were not strong enough), organizations need to be ready to deal with the disruption, ready with incident response capabilities and mechanisms to manage the crisis

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FLERE HISTORIER FRA BUREAUCRACY TODAYSe alt
has bureaucracy failed modi?
bureaucracy today

has bureaucracy failed modi?

the ambitious swachh bharat abhiyaan, which was officially launched on october 2, 2014 amid much fanfare with prime minister narendra modi himself cleaning the road with a broom at rajghat in new delhi, was seen as a harbinger of change which would influence the behaviour of millions of indians who are notoriously known for dumping their wastes in public places. for months, bureaucrats wielding the broom also continued to dominate the media space. however, over two years since the campaign was launched, the cleanliness zeal, it seems, has taken a backseat. a reality check done by bureaucracy today in shastri bhawan in lutyens’ delhi which houses major central ministries indicates that those in the corridors of power are not readying themselves to become part of a new, clean and swanky india.

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4 mins  |
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can cag audits be more innovative and transformative?
bureaucracy today

can cag audits be more innovative and transformative?

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increase import duty on stainless steel flat products: issda
bureaucracy today

increase import duty on stainless steel flat products: issda

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amritsar's emergence as a real estate hotspot
bureaucracy today

amritsar's emergence as a real estate hotspot

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bureaucracy today

how much protection is available to judges and magistrates?

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five trends that will reshape the indian real estate market
bureaucracy today

five trends that will reshape the indian real estate market

among the many different factors influencing the way real estate is developed, transacted and used in india, there are five big major emerging trends that have both real-time and long-term significance.

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Is it a Crackdown or Creation of New Lords of Black Money Hoarders?
Bureaucracy Today

Is it a Crackdown or Creation of New Lords of Black Money Hoarders?

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A Paradigm Project for the Future
Bureaucracy Today

A Paradigm Project for the Future

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Minority Shareholders 'Short-Changed' At Bombay House
Bureaucracy Today

Minority Shareholders 'Short-Changed' At Bombay House

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Should You Buy Your Dream Home Now?
Bureaucracy Today

Should You Buy Your Dream Home Now?

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