Determining the Impact of Cyberattacks
Summary
This BrightTALK InfoSec article discusses the inadequacy of traditional Business Impact Analyses (BIA) in the context of modern cyberattacks. It emphasizes the need for a new approach to determine the potential financial, operational, reputational, regulatory, and societal impacts of cyberattacks, especially in light of new government regulations. The article highlights the importance of conducting a cyber impact analysis to drive cyber resilience strategy.
IFF Assessment
The article provides guidance on how to better understand and prepare for the impact of cyberattacks, which is beneficial for defenders.
Severity
Defender Context
This article emphasizes the importance of understanding the impact of cyberattacks on an organization. Defenders should be aware of the limitations of traditional BIAs and adopt a more comprehensive approach to assessing cyber risks, considering financial, operational, reputational, regulatory, and societal impacts. This proactive approach helps drive a stronger cyber resilience strategy.