Organisations not testing incident response plans – IBM Security

IBM (and others) have a service where you can go and practise incident response. It’s a very worthwhile exercise…:

IBM Security has announced the results of a global study exploring organisations’ preparedness when it comes to withstanding and recovering from a cyberattack.

The study, conducted by the Ponemon Institute on behalf of IBM, found that the majority of organisations surveyed are still unprepared to properly respond to cybersecurity incidents, with 77% of respondents indicating they do not have a cybersecurity incident response plan applied consistently across the enterprise.

While studies show that companies who can respond quickly and efficiently to contain a cyberattack within 30 days save over $1 million on the total cost of a data breach on average, shortfalls in proper cybersecurity incident response planning have remained consistent over the past four years of the study.

Of the organisations surveyed that do have a plan in place, more than half (54%) do not test their plans regularly, which can leave them less prepared to effectively manage the complex processes and coordination that must take place in the wake of an attack.

The difficulty cybersecurity teams are facing in implementing a cybersecurity incident response plan has also impacted businesses’ compliance with the General Data Protection Regulation (GDPR).

Nearly half of respondents (46%) say their organisation has yet to realise full compliance with GDPR, even as the one-year anniversary of the legislation quickly approaches.

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Original article here