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DDoS Protection Preparation Guide

DDoS attacks can bombard an organization’s network with traffic taking down online services and applications resulting in the prevention of genuine users from accessing the firm’s services. They often lead to lost revenues, loss of customers and damage to the brand. Nevertheless, the fact of the matter is that there is a lot to be done. Even though an enterprise firm can’t predict when an attack will occur the steps can be taken to minimize the impact of an attack and set up a backup to recover fast.

List Vulnerable Assets

To protect assets from DDoS attacks first step for security teams is to find the most vulnerable and valuable assets. They need to start by listing all attackable assets. Example – Servers, Applications, IP addresses and Domains.

Mapping assets will help security teams to identify points of vulnerability and construct defensive strategies.

Estimate Potential Damages

Assess the value and importance of each asset to properly allocate protection money/resources. An important point that companies should consider is certain damages are direct, while others can be indirect.

Loss of clients – Client loss is one of the most serious possible repercussions of a successful DDoS attack.

Productivity loss – Firms that rely on online services like email, online storage or databases, the unavailability of these services will result in a productivity loss.

Direct revenue loss – If a company’s online service generates revenue effectively on a regular basis, any downtime will result in a direct revenue loss. 

Brand damage – Accessibility and the digital experience are more closely linked to a company’s brand. A cyberattack that results in a loss of online service will have an impact on a company’s brand and reputation.

Assigning Tasks

The responsibility of managing DDoS attacks should be distributed to respective people – 

1. CISO and security team should manage the overall DDoS attack coordinating with other teams.

2. Network administrators should communicate with the security team to mitigate DDoS attacks.

3. Teams handling specific applications or online services like cloud storage should coordinate with the security team to provide details and assistance if there’s a DDoS attack.

Deploy and Manage DDoS Solution

After assessing the most vulnerable assets and expenses security team should set up an attack detection strategy. This strategy should be designed in consideration with the DDoS solution deployed by the company. How DDoS solution is being deployed on the cloud or on-premises?

Routing entire traffic through a firewall reduces the need for a diversion. This form of security is perfect for a critical application that simply cannot afford any downtime.

The backup must be created. A separate backup of the most important or critical assets should be created. While creating backup it must be integrated and tested with restoring process and systems to make restoration seamless.

After deploying the DDoS solution, it should be scaled up with the growth of the organization as new customers, systems, users, and devices are added. Once the DDoS solution is set up, the mitigation strategies for various DDoS attack scenarios must be planned.

Update and maintenance schedule of the DDoS solution should be planned. The database of malicious traffic like IP addresses must be updated on regular basis by the vendor. The regular trials of various defensive strategies of DDoS must be conducted with the assistance of the vendor.

The key to a DDoS solution lies in filtering or shifting possibly dangerous traffic away from networks and application infrastructure.

Integrated Risk Management – Buying Guide

An integrated strategy, enabled by an IRM solution, merges various components into a single system focused on business results. Through the simplicity, automation, and integration of strategic, operational, and technical risk management procedures and data, Integrated Risk Management as a solution enables transparency. IRM incorporates some of the use cases that previous governance, risk, and compliance (GRC) systems have attempted to tackle. In the digital age, integrated risk management enables specialized tasks and allows to work with agility. Integrated risk management is becoming increasingly popular among businesses. Some factors like digital transformation, and cybersecurity compliance and risk transformation are driving the growth.

Strategy is about developing and implementing a framework to support governance and risk management.

Assessment – Risk identification, analysis, and prioritization are all part of the assessment process.

Response – Identification and implementation of risk-mitigation strategies.

Reporting– Providing the best methods for tracking and informing about a company’s risk responses.

Key Risk Indicators (KRIs) Measurement

Keep track of Key Risk Indicators (KRIs) and report on how each risk affects the business in terms of money, probability, and the capacity to operate quickly.

Digital Risk Management (DRM) 

Digital risk management is possibly the most important part of an integrated risk management program considering organizations’ dependency on technology, but it is also the least defined. New technologies have offered new options for cybercriminals and raised cyber risk for businesses. IRM solution vendors must provide proper digital risk management. To support a DRM strategy unique to your organization, your staff should be able to mix frameworks, standards, and customize controls. In addition, IRM should incorporate the most recent frameworks and versions onto the platform so that staff can start supplementing their DRM approach right away.

Audit Management

Internal auditors are the organization’s defence against risks. Organizations are experiencing audit exhaustion as regional and sector guidelines, auditors within IT grow. Auditors must use a system that strengthens their team by removing manual work and providing creative features to supplement their skills. Based on the determined methodology, the IRM solution should be capable of supporting remedial processes by tracking activities and assigning tasks such as audits and risk assessment. It should provide options to assign resources like staff and time to certain processes. In order to prepare a report for the audit committee, IRM solution must be able to combine the findings. A more robust IRM solution will provide downloadable reports and visualizations options to auditing teams.

Policy Development And Management

One of the key drivers that shape organizational security standards is compliance policies. So, an IRM solution must help with policy formulation and management. The option to explicitly map policies and controls to compliance requirements, in particular, guarantees that the company satisfies its security obligations. The IRM platform should enable the generation and maintenance of the organization’s policies from start to end, including the development, control, authorization and modification workflow required to manage policies throughout the project’s lifecycle.

Risk Identification, Prioritization, Tracking, Quantification and Mitigation

Risk managers are certain that they will be able to respond to hazards quickly and accurately with IRM, giving them pride in their work and the potential to exhibit their expertise with remarkable accuracy. Risk managers may credibly communicate to executive teams about the state of the organization’s cybersecurity program in relation to the most significant and important threats. IRM is a solution that enables teams to quickly modify risk management actions and priorities while also coordinating those processes with management objectives and overall corporate goals. When looking for risk quantification in an IRM platform should offer multiple risk quantification approaches with qualitative analysis.

Cost and Support

IRM costs vary based on the size, capability, compliance standards supported, quantitative and qualitative risk analysis techniques incorporated, and automation. It’s crucial to remember that an IRM solution must integrate with other solutions. The cost and frequency of software updates must be addressed. Does the vendor provide staff with training? Costs and degrees of service assistance differ. It’s valuable to evaluate the level of support provided by a specific vendor. In any event, complete technical support is an add-on that could significantly raise costs.