Article

Securing the enterprise: Addressing your potential cybersecurity challenges

5 common deficiencies that can complicate and hinder cyber recovery efforts

September 13, 2024

Key takeaways

Cybersecurity incidents are on the rise and can be difficult to address. 

Addressing common issues can help you avoid business interruptions and can result in time and cost savings.

A trusted advisor can assess your technology environment, identifying gaps and challenges. 

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Cybersecurity consulting Cybersecurity Managed services

In today’s complex cybersecurity environment, threat actors are persistent, pervasive and quick to take advantage of any control gaps or vulnerabilities. Research in the RSM US Middle Market Business Index Special Report: Cybersecurity 2024 revealed that 28% of middle market executives reported suffering a data breach in the last year, tying a record high. Breaches are on the rise, and they can be very expensive and time-consuming to address.

As part of RSM’s standard recovery processes, advisors identify impactful deficiencies within the client environment and provide post-recovery recommendations aimed at significantly reducing the risk of future incidents and enhancing recoverability. Over the years, the RSM cyber response team has consistently observed certain critical areas that need correction, regardless of the size or complexity of the infrastructure. Proactively identifying and addressing these potential challenges can not only strengthen your cybersecurity posture, but also result in time and financial savings while avoiding harmful business interruptions.

5 areas that commonly require attention include

Managed EDR (endpoint detection and response)/security: In every instance where RSM has provided remediation services, the client either lacked EDR capabilities, implemented an insufficient EDR solution (often due to cost savings), or maintained an unmanaged EDR deployment with inadequate configuration and monitoring. Organizations must continuously assess their overall security infrastructure to ensure it meets today’s demands for 24/7 protection. Given that most organizations lack a dedicated cybersecurity team, routinely evaluating and updating their security tools, processes and configurations are crucial to maintaining comprehensive coverage and resilience. In most cases, outsourcing security proves to be more advantageous for the organization.

Zero trust: Companies often assume that the default security provided by the Microsoft ecosystem is sufficient protection for their tenant and data. However, this is not always the case, and many organizations discover their security is less comprehensive than anticipated.  Adopting a zero trust model is an effective access control strategy that enhances protection against modern threats by applying security measures consistently across all access points and verifying every request, regardless of its origin.

Backup architecture: During recovery, it is rare for operations to be fully restored using an existing backup infrastructure, and when it is possible, the process can be extremely challenging and time-consuming. Many organizations mistakenly believe that simply having any backup solution is adequate, which is far from the truth. In reality, improper implementations and misconfigurations of backup environments are all too common. Like security, backup strategies are continuously evolving and must be properly configured and implemented to meet current requirements, as they are crucial to effective disaster recovery and business continuity processes.

Tiered administration: Tiered administration is a novel concept for many organizations, which often default to convenience over security due to a lack of awareness. As a result, administrators frequently use a single account for all administrative access across the infrastructure. A properly implemented tiered administration model introduces crucial segmentation within the active directory environment, differentiating administrative and resource access levels. This approach not only enhances security but also provides inherent containment, limiting the impact of a compromised account.

Network hardening: Many network environments suffer from inadequate security, identity and application controls, and poor segmentation. These issues often arise from outdated or inadequate network technologies that lack essential features. As technology advances rapidly, it is crucial to employ modern solutions that meet today’s security needs and effectively counteract opportunistic bad actors, who increasingly use sophisticated tools and techniques.

Each of these five areas presents significant opportunities to strengthen cybersecurity strategies and controls, mitigating vulnerabilities that could be exploited in an attack. Working with a certified and trusted advisor enables you to thoroughly assess your technology environment, identify gaps and challenges, modernize your security and recovery strategies, and effectively address any deficiencies.

For example, the RSM cyber resilience team has the experience to effectively tackle your critical network and security challenges. Our RSM Defense managed security program can enhance your security approach. Additionally, RSM provides comprehensive solutions for implementing a zero trust framework, developing a robust backup strategy, establishing a tiered administration structure, and hardening your network to address and mitigate realistic threats.

Cybersecurity is a critical priority for all businesses as threats continuously evolve and expand. By strengthening your cybersecurity strategy, utilizing effective tools and gaining greater confidence in your approach, you can redirect your focus to strategic business areas that drive growth with greater assurance.

Are your cyber efforts keeping up with today’s risks?

Get more details about how RSM can identify and respond to your cybersecurity threats and learn how to contact a member of our team.

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