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Lynn DeCourcey Showcased in ExecutiveBiz
Kudos to my colleague Lynn DeCourcey for her recent interview on ExecutiveBiz.com! Lynn is NJVC vice president and general manager, cyber security. She oversees all aspects of the company’s cyber…
BISNOW Data Center Event Highlight’s Cloud
A big thank you to BISNOW and my fellow panel members for an outstanding discussion and very informative event, last week’s Data Center Investment Conference and Expo. The federal marketplace…
GSA Seeks Cloud Brokerage Information
GSA is using the RFI process to collect information about alternative models and/or solutions for future cloud acquisition vehicles and processes that further these goals. One emerging concept in cloud…
DoD Cloud Computing Strategy
The DoD recently released the department’s formal cloud computing strategy. DoD Cloud Computing Strategy View more documents from Kevin Jackson. In the forward, DoD CIO Teresa Takai said that: “The…
FedRAMP PMO Releases First Set of 3PAOs
Late today the FedRAMP Program Management Office released the first list of certified Third Party Assessment Organizations (3PAOs). These companies are accredited to perform initial and periodic assessment of cloud…
FedRAMP Releases Updated Security Assessment Plan Templates
Last week the GSA FedRAMP Program Office released the latest version of the cloud computing Security Assessment Plan (SAR) template. This document is the most recent step toward the Federal…
NJVC® and Gravitant® Announce New Strategic Alliance: Partnership to Benefit Federal Agencies with Powerful Provision and Management of Cloud Services that Unify Multiple Providers
Vienna, Va., April 4, 2012 — NJVC®, one of the largest information technology solutions providers supporting the U.S. Department of Defense, and Gravitant®, a provider of cloud brokerage and management…
NJVC® VP and GM, Cloud Services, Kevin L. Jackson to Speak on Cloud Security at 2012 Emerging Threats and Cyber Defense Symposium
Vienna, Va., March 15, 2012 — NJVC®, one of the largest information technology solutions (IT) providers supporting the U.S. Department of Defense, is pleased to announce that Kevin L. Jackson,…
NJVC’s Kevin L. Jackson Co-Authors INSA White Paper on Cloud Computing for the Intelligence Community
Findings Reflect Insight from More than 50 Cloud Thought Leaders VIENNA, Va.–(BUSINESS WIRE)–NJVC®, one of the largest information technology solutions (IT) providers supporting the U.S. Department of Defense, announces…
INSA Study on Cloud Computing in the Intelligence Community: Rollout 13 March 2012 | SYS-CON MEDIA
(Originally posted by Bob Gourley at CTOvision) Over the last year I’ve had the pleasure of serving with a team of volunteers from the Intelligence and National Security Alliance…
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A steel bar is resistant to stress and is capable of maintaining its form while bearing large loads. While steel is also known as one of the world’s strongest metal’s (Titanium, Tungsten and Iconel round out the top four) , it is also susceptible to shearing and completely breaking. A rubber brick, on the other hand, will bend easily under even small loads, but it’s extremely difficult to snap or break. Moreover, once the load is removed from the rubber, its flexibility returns it to its original form. This is how the rubber brick displays resiliency.
Business resiliency enables organizations that have suffered a damaging incident to bounce back to their former form. This is especially important for small and medium sized businesses because according to Tim Francis, enterprise leader for cyber insurance for Travelers, 60% of all cyberattacks in 2014 struck small to medium-sized businesses. If you think company strength will protect you from this type of adverse incident, you are mistaken. Since salary and benefits for the workforce represents one of the largest expenses for a company, the “Revenue per employee” ratio is often used by investor as a measure of company strength. This ratio is most useful when comparing companies within the same industry. Using this ratio, the following companies were fairly strong before they were attacked but they didn’t have the resiliency to bounce back afterwards:
- Code Spaces (Annual Revenue $2.4M, Employees: 12, Revenue/Employees: $200,000) was cited by SC Magazine as one of nearly 60% of small businesses that fail within six months of being hacked. The company was accessed through via its Amazon Elastic Compute Cloud control panel. The attackers attempted to extort the business by claiming a “large fee” would resolve data loss issues. Code Spaces was unable to continue operations as it acknowledged that the company had suffered debilitating damages to both its finances and reputation.
- In 2011 Distributed.it (Annual Revenue: $691,092, Employees: 2, Revenue/Employees $230,364) had secured 10% of the market for Australian domain names, held multiple international domain accreditations and had 30,000 hosting clients through 3,000 active resellers. Later that year the business suffered a severe cyberattack when attackers targeted and destroyed servers inside Distribute.IT’s network, including back-ups, then locked the IT team out, meaning the only way to get control was to ‘pull the plug’ at the datacenter
By way of comparison, in 2015 the revenue per employee ratios for IBM and Panasonic were $244,447 and $275,839 respectively. So how should a company build up resilience against a cyberattack?
Years of conflict have taught the military how to build resiliency and researchers with the National Center for Post Traumatic Stress Disorder (PTSD) have actually developed a scale to rate psychological traits that promote resilience. Called the Response to Stressful Experiences Scale (RSES), the measurement has been tested in more than 1,000 active-duty military personnel and identifies six factors that are key to psychological resilience:
- Positive outlook
- Active coping
- Self-confidence
- Learning and making meaning
- Acceptance of limits
- Spirituality
With this as guidance, business leaders can take the following steps towards building cyber resiliency within your organization:
- Build a positive outlook by educating senior management on the cyber threat and the practical steps that can be taken to prevent economic and reputational losses;
- Actively cope with the threat through an active cybersecurity defense team with the responsibility to protect corporate assets;
- Build self-confidence by periodically testing your cyber defense and business continuity processes;
- Establish a continuous learning environment through regular and relevant training events for the entire staff;
- Understand your limits and manage cyber risks that can’t be eliminated; and
- Believe in your team
In addition to these worthwhile leadership activities, more pragmatic steps should include:
- Establishing a company-wide end to end approach to high availability based on technology, processes and your organizational requirements;
- Practical backup and disaster recovery procedures that are exercised regularly;
- An economic on-site or off-site data backup service that leverage cloud-based resources; and
- A business continuity management plan that reduces risks and improve availability while simultaneously controlling operational expenses.
With any luck, these steps will not only make your company more resilient, but it may also help you prevent the debilitating effect of a cyberattack.
This post was brought to you by IBM Global Technology Services. For more content like this, visit Point B and Beyond.
( Thank you. If you enjoyed this article, get free updates by email or RSS – © Copyright Kevin L. Jackson 2016)
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