APAC / Issue Q4 2021 15 4 Key Components of an Enterprise Cybersecurity Strategy Incident Response Plan No matter how strong your network security is, there is always a possibility of getting hacked. It is vital to have an incident response plan in place before the incident happens. This will enable you to deal with any potential cyber-attacks or data breaches in the most efficient way possible. The plan should include a stepby-step approach to dealing with the security incident. In certain situations, you might need to notify law enforcement agencies, as well as relevant stakeholders. After that, you can take the necessary steps to contain the damage and prevent future incidents from occurring. As part of your incident response plan, you should also consider appropriate responses to cyber attacks. Your IT department can develop and implement these measures, and the response will likely depend on the kind of attack you are facing. For example, you can deal with an email-based phishing campaign with a phishing response plan. If you encounter a ransomware attack, it is vital to have an effective backup and recovery solution in place. Identity And Access Management A lack of centralized identity and access management can result in a serious threat to your network security. It is vital to ensure that there is only authorized access to the network and data while also preventing unauthorized or inappropriate access. It is essential for any enterprise that wants to secure its information and data effectively and efficiently. Proper identity and access management enable you to separate your network into two parts: public and private. This way, you reduce the risk of a cyber attack. Additionally, you should implement a single sign-on solution to make it easier for employees to access all of their business applications using a single username and password combination. This will enable you to protect your data from unauthorized access by reducing the risk of a successful attack. If you want to ensure that your company’s resources and data are safe, you should definitely pay attention to the identity and access management system. This is not only recommended – it’s absolutely necessary. In Conclusion These are the four key components of an enterprise cybersecurity strategy. If you are new to this topic, make sure you take the time to implement these security measures in order to prevent cyber incidents from happening. If you already have a cybersecurity strategy, then make sure all these practices are well taken care of. Remember that cyber incidents can be very costly, and it is always better to prevent them from happening than to try to fix them.