Cybersecurity Strategy

Identity governance – the key to your Cybersecurity strategy 

Effective security ensures that only the right people have access to your data and only when they need it. This is the reason why identity governance is an essential part of any cybersecurity effort.  

Identity – the Last Line of Defense 

Modern identity governance allows you to tighten security against internal and external threats. With Omada you can:

• Achieve a 360-degree overview of all identities and access rights across hybrid systems and applications, ensuring that users have the correct access in compliance with policies and regulations.
• Minimize risk by automatically identifying orphan or inactive accounts that could be misused for an attack.
• Centralize management of all identities and access rights
• Automatically deprovision access to identities when it is no longer needed, namely as they change roles or leave the organization
• Reduce the risk of ransomware by minimizing the number of orphaned accounts that are easy targets for attackers to use to breach the perimeter and move laterally and vertically
• Classify systems and assets based on risk
• Reconcile accounts to check deviations, uncover risk, and take immediate action
• Implement and enforce least privilege by ensuring that identities only have access to data and systems they require for their jobs
• Set policies to implement Separation of Duties to ensure no toxic combinations exist, and if they do they are quickly detected and resolved
• Schedule and easily run certification campaigns to ensure access is appropriate and required

Protect Your Data and IP 

When your organization has experienced a security breach, you need to act quickly and effectively to limit its impact and damage. But to do this, security practitioners must have the ability to suspend all accounts associated with the affected identity to minimize its spread, with an easy reactivation process once the situation is under control. Your network also needs to have automated emergency lockout features that can disable a user’s access to both cloud-based and on-premises systems, with a robust policy to guide its use and implementation. Then, once order has been restored, quickly resume business operations.

Control, Monitor and React 

With Omada, organizations can control who has access to what based on their identity, role, and other relevant contextual information, such as geographic location or department.

• Control Access Based on Policies
  Access control policies can be flexibly configured to support business policies and needs, while access control is based on least-privileged Zero Trust principles.
• Actively Monitor Access Rights
  Get an overview of privileges and access rights across the entire organization with information on who has access to what, why they have access, for how long, and who approved that access. This includes the ability to set validity periods and automatically revoke access rights when they are no longer needed. Workflows and policies are provided out-of-the-box including Separation of Duty (SoD) and other constraint policies
• Automatically Detect and Act
  Use audit trails and reconciliation capabilities to continuously check if there are any differences between the actual access rights granted to individuals or groups versus the desired state of access that the organization wants to implement through identity governance. This enables any irregularities to be detected and mitigated immediately. If a security breach is detected, identity security breach processes provide an emergency lock-out option that disables an identity’s access rights.

Elements of Cybersecurity Strategy

Cybercrimes are growing in number, type, and severity. Firms are under constant threats from new and improved cyber tactics, as well as tried and true methods from hackers. Just like any country’s national cybersecurity strategy must evolve to meet new demands while strengthening against existing attack vectors, so too must the strategies of businesses across the globe.

Developing a cybersecurity strategy and implementation plan is not a box-checking exercise but a necessity with tangible business benefits. However, for too long, organizations have treated cybersecurity as a roadblock to business productivity. It does not need to be this way!

Improve consumer confidence, reduce the risk of business interruption, and streamline internal operations with a cybersecurity strategic plan that embraces new technology, impactful actions, and employee education.

Assess Cybersecurity Needs 

Where are the threats coming from? Where do the vulnerabilities and weaknesses lie?

Discover where, how, and when to act as part of a program for cybersecurity strategy. Perform a root-and-stem investigation to confirm the scope of an existing cybersecurity implementation plan and the end goals.

Every organization is different, and so should its strategies. Working toward personalized strategic goals is critical to achieving transformational change throughout any organization.

Evaluate Technology

Determine what is currently in use and what needs to be retired. Tools for cybersecurity are crucial for providing the functionality a plan needs to succeed.

Separate and classify assets based on whether they are secure, fully updated, and if they can meet the needs of today’s cybersecurity landscape. Identify how they function within the overall network and the technology provider.

Automated tools designed to streamline and easily integrate into existing systems via dedicated APIs are vital to achieving the end goals of cybersecurity.

Guarantee the highest levels of security by reviewing tech stacks and exploring state-of-the-art platforms like Omada.

Create a Security Framework

Review the results of risk assessments, vulnerability assessments, and penetration tests to provide insights into the right cybersecurity framework.

Security frameworks dictate the controls needed to provide continuous monitoring and measuring throughout organizations.

Begin crafting the practices and integrating the pivotal technologies that achieve compliance and instill confidence in any cybersecurity strategy.

Implement a Risk Management Plan

Any cybersecurity plan example must incorporate a risk management plan. Use streamlined tools to analyze potential risks and their consequences easily.

Take the proactive approach to cyberstrategy and stop attacks before they can begin formulating. Build up a comprehensive cybersecurity plan with comprehensive policies on:

• Data Privacy – Govern the handling of corporate data and provide training to employees on what they need to do to achieve compliance.
• Data Protection – Control how sensitive information on employees, suppliers, contractors, and customers is handled.
• Incident Response Plan – Outline the plan of action if an incident is detected. Denote the authority figures in charge of launching the response via a cybersecurity strategy template.
• Sift Through the Noise – Prioritize high-risk alerts over potential false positives by setting policies that align your security goals with your business goals.

Educate employees on best practices, what they should do to mitigate potential risks and the importance of putting security first.

Conduct Annual Risk Assessments

Stay on top of the latest threats with annual risk assessments. Avoid being swallowed up by the shifting landscape of security and compliance.

Schedule internal and external risk assessments to uncover new vulnerabilities and properly maintain and improve current cybersecurity plans.

Provide comprehensive reporting to decision-makers through automated security scanning, monitoring, and reporting.

Annual risk assessments ensure that companies never need to fear a surprise audit ever again.