Cyber incident response planning reduces breach risk: report

Despite being focused on post-breach activities, cyber incident response planning has emerged as a key #cybersecurity control in reducing an organization’s likelihood of experiencing a #breach-related claim, according to a new report from the Cyber Risk Intelligence Center (CRIC) of Marsh McLennan. The report found that organizations who regularly engage in #tabletop exercises and scenario-based breach response drills are 13% less likely to experience a material cyber event than those that do not. The report also highlights the importance of effectively deploying and managing other key cybersecurity controls, such as #EDR deployment and #MFA that is resistant to phishing schemes. Marsh has long advocated proactive cyber incident response planning as a tool to help organizations effectively and efficiently respond to and recover from a #cyberattack. What our latest research confirms is that thoughtful planning also drives secondary benefits like positive security behaviors and strong control implementations, which help build more organizational resilience and reduce breach incidents. Follow the link below for a copy of the report. #BreachResponse #Cyber #CyberIncidentResponse #CyberRiskIntelligence #CyberLiability #CyberBreach #CyberIncidentManagement https://lnkd.in/gaN5Ywqv

Insightful findings — regular incident response planning and exercises clearly strengthen an organization’s ability to prevent and manage cyber events. Combining these practices with strong controls like EDR and phishing-resistant MFA builds a more resilient security posture overall.

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