Innovative toolkit is a resource for organizations solidifying incident response capabilities in the face of new cyber threats
ArmorText, which safeguards communication for organizations worldwide, and the international law firm of Crowell & Moring LLP today released an update to their tabletop exercise guide, making new exercise scenarios publicly available under a Creative Commons license. The new Cyber Resilience: Incident Response Tabletop Exercises Q2 2024 addresses urgent challenges facing executives, including disruptive attacks by increasingly sophisticated criminal actors with well-publicized recent examples, as well as increasingly complex regulatory obligations.
“We are seeing new and extremely sophisticated cyberattacks taking organizations by surprise and costing them millions. Preparedness is the best cybersecurity tool to mitigate the impact of attacks, including the ensuing regulatory obligations,” said Navroop Mitter, CEO, ArmorText. “These tabletop exercises provide realistic simulations of current cyberattacks, and they are designed to help executives test their organizations’ responses in a controlled environment and pinpoint weaknesses.”
“Our hope is that leaders at organizations of all sizes will leverage our Cyber Resilience guide to help them prepare for cybersecurity incidents and enhance their preparedness for threats that are designed to exploit their systems and people. Tabletop exercises are a worthy investment of executives’ time and are a key tool to help protect a company’s operations, financial integrity, and reputation,” said Crowell & Moring partner Matthew B. Welling.
According to IBM’s Cost of a Data Breach Report 2023, over half of companies who experience a cyberattack bolster spending post-incident with their top investment being Incident Response (IR) planning and testing, and organizations with both an IR team and pre-attack IR testing were able to identify breaches a full 54 days faster than those with neither.