Cyber Incident
24
May

Cyber Incident Notification: Foundation of Incident Handling

Reading Time: 3 minutes

A cybersecurity incident is a situation wherein the systems and the policies of the organizations get compromised. This can result in the leak of confidential information. Therefore, such a cyber-incident can put the reputation of the entire organization at risk.

Of course, cybersecurity solutions are improving at a rapid rate. However, the reality is that cyber-attacks are also becoming more and more sophisticated with each passing day. Hackers are still targeting organizations around the globe. That said, accurate cyber incident notification is considered one of the most important things for efficient incident handling. Moreover, incident response notification will help the organization in mitigating the potential damages inflicted by cyber-attacks.

In this article, we will discuss the importance of cyber incident notification or incident response notification. But before, let us discuss how often cybersecurity incidents happen.

How Often Do Cybersecurity Incidents Happen?

Determining the exact number of cybersecurity incidents is difficult as many of them are not reported. According to a report, 75% of cybersecurity professionals believe that cyber incidents are suppressed intentionally. Moreover, 50% of the professionals believe that such crimes are underreported even if the organization is legally required to report them.

This can happen for several reasons. For one, professionals working within the organization might not recognize that the cybersecurity incident took place. Of course, they might see something unusual happening, but they might think it is not a big deal. Other reasons could be that organizations want to avoid regulatory penalties or that reporting the incident might affect their reputation.

Importance of Cyber Incident Notifications

Not providing cyber incident notifications to all necessary stakeholders such as security teams, customers, and law enforcement agencies can have serious consequences. Of course, your customers can lose trust in the business. But this can also affect your overall revenue and bottom line.

In addition to this, there can be serious implications, including large fines and lawsuits. In some extraordinary cases, a cybersecurity incident can also result in physical harm. For instance, if a cyber incident takes place within the healthcare industry. Therefore, it is important from the organizational perspective that cyber incident notifications are given to all concerned stakeholders to avoid and contain the damage as soon as possible.

Common Security Incidents to Look For

There are different types of security incidents that can unfold within the organization. However, the most common types include man-in-the-middle attack, SQL injection, DDoS, phishing, malware attacks, and so on. Therefore, whenever these incidents happen within the organization, it is imperative that the security teams have the correct knowledge and tools to identify and deal with these various types of cybersecurity breaches.

Once the organization has identified these attacks, the security team must use their incident response plan to contain and recover from the attack. In addition to this, the incident response plan must also include details on the notifications. For instance, it should state who is responsible for notifying all stakeholders that the cybersecurity incident took place within the organization.

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Incident Notification – The Foundation Incident Handling

Incident notification is one of the most crucial processes in the incident response plan, and it lays out the foundation for effective incident handling. From an organizational point of view, it becomes imperative that every security team member take cyber incident notification and incident response notification as a crucial step in containing the damages inflicted by the security event.

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The EC-Council Certified Incident Handler (ECIH) Certification program has been designed and developed in collaboration with cybersecurity and incident handling and response practitioners across the globe. It is a comprehensive specialist-level program that imparts knowledge and skills that organizations need to effectively handle post-breach consequences by reducing the impact of the incident from both a financial and a reputational perspective.

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