Innovative toolkit is a resource for
organizations solidifying incident response capabilities in the
face of new cyber threats
MCLEAN,
Va., June 4, 2024 /PRNewswire/ -- 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."
With the first edition of the guide published in October 2023, this new publication offers two
additional scenarios, each organized into a module with tailored
injects and facilitator prompts that incorporate three recent
trends:
- Threat actors continue to target key executive communications
for surveillance.
- Social engineering attacks, including those incorporating AI
tools, are being utilized by threat actors, resulting in
significant impacts to victim companies.
- Global regulators, shareholders, and other key stakeholders
continue to focus on how victims' management teams handle incidents
and communicate about them.
"To help organizations improve their incident response, we have
continued making the scenarios free to take and use. Our plan is to
continue adding to this collection of modules through future
publications to reflect the continuing evolution in the cyberattack
landscape," continued Mitter.
Two new modules:
- Rapid Exploitation:
- Escalating attacks involving social engineering, unauthorized
software installations, high-value data exfiltration,
reputational damage, compromised communications, and targeted
reconnaissance of security professionals' enterprise
communications.
- AI-enabled attacks, particularly where threat actors mimic the
voice and visual personas of key individuals.
- Disclosure Dialogues:
- Preparing for responsible disclosure of cybersecurity incidents
with material impact in light of increased scrutiny from
regulators, shareholders, and other key stakeholders on how
companies and their management teams respond to and communicate
about cybersecurity incidents.
"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.
Additional Resource:
- Cyber Resilience: Incident Response Tabletop Exercises
Series
About Crowell & Moring LLP
Crowell & Moring LLP is an international law firm with
operations in the United States,
Europe, MENA, and Asia. Drawing on significant government,
business, industry and legal experience, the firm helps clients
capitalize on opportunities and provides creative solutions to
complex litigation and arbitration, regulatory and policy, and
corporate and transactional issues. The firm is consistently
recognized for its commitment to pro bono service as well as its
programs and initiatives to advance diversity, equity, and
inclusion.
About ArmorText
ArmorText, a leading provider of Secure Out of Band
Collaboration™ solutions, protects sensitive communications for
critical infrastructure entities worldwide. ArmorText's
groundbreaking offerings, including Crisis Response Reserve
Capacity, deliver enhanced security and crisis response
capabilities, helping organizations maintain compliance, protect
their networks, and ensure business continuity.
Learn more at https://armortext.com/, and follow them on
LinkedIn.
Attorney advertising. The contents of this briefing are not
intended to serve as legal advice related to any individual
situation. This material is made available by Crowell & Moring
LLP for information purposes only. Receipt of this communication
does not establish an attorney-client relationship with Crowell
& Moring LLP.
Press Contact:
Jessie Adams-Shore
ArmorText
press@armortext.com
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SOURCE ArmorText