Combined Security Practices Changing the Game for Risk Management

By neub9
3 Min Read

Feb 05, 2024The Hacker NewsData Protection / Threat Intelligence

Risk Management

A significant challenge within cyber security at present is the availability of many risk management platforms in the market, with only a few effectively dealing with cyber risks. Most platforms reactively alert customers as risks become apparent, causing stress and allowing many risks to remain dormant until an emergency happens.

Deodatta Wandhekar, Head of Global SOC at SecurityHQ, noted, “Dealing with SOC Operations for more than a decade, I have seen nearly 60 percent of SOC Incidents are repeat findings that keep re-surfacing due to underlying unmitigated Risks. Here the actors may be different, however the risk is mostly the same. This is causing significant alert fatigue.”

Combining Frameworks and Best Practices

These risks can be prevented using a platform that combines the best practices of multiple frameworks.

What is NIST?

NIST provides a comprehensive and structured approach to assess, manage, and mitigate cybersecurity risks effectively, allowing companies to develop a comprehensive cybersecurity posture. Learn more about NIST structures in the article “Building a Resilient Digital Future: NIST’s Impact on Cybersecurity

What is MITRE?

The MITRE ATT&CK framework is a knowledge base of adversary tactics, techniques, and procedures, providing a foundation for threat models and methodologies. Learn more about MITRE practices in the article “How the MITRE ATT&CK Framework Has Revolutionized Cyber Security

What is NCSC?

The National Cyber Security Center (NCSC) combines expertise to make the UK a safer online place. Learn more about NCSC’s work and collaboration in protecting national infrastructure.

Risk Intelligence Combined with SHQ Response Platform

The SHQ Response Platform from SecurityHQ has evolved to provide actionable risk identification, mapping, and mitigation by combining known practices and knowledge from industry-standard sources.

According to Deodatta Wandhekar, “SHQ Response Platform will help reduce this alert fatigue by focusing on mitigating the common risk. Not just that, it will be quintessential to translate a mere one liner Risk Statement into an actionable mitigation plan.”

  • Calculate the impact of security threats on business.
  • Calculate the likelihood of risks happening.
  • Identify different tactics and techniques.
  • Know how to mitigate risks.
  • Access everything from a single platform point.

What to Do Next

Take advantage of the Incident Response platform to prioritize incidents, visualize risks, and empower collaboration. Also, utilize the Risk Management platform to mitigate security threats and manage risks effectively.

For the full benefits of SHQ Response, expert analysis and risk mitigation are essential. Contact the team here to learn more about Risk Management.

Note: This article was expertly written by Eleanor Barlow, Content Manager at SecurityHQ.

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