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July 25, 2024 at 02:44PM
Many organizations are facing global IT issues due to a defect in CrowdStrike’s Falcon sensor content update, impacting operations across sectors. This event highlights the importance of improving cyberattack response capabilities. Lessons include evaluating detection speed, prioritizing recovery, executing business continuity plans effectively, and addressing supply chain risks to enhance organizational resilience.
After reviewing the meeting notes, here are the key takeaways:
1. Detection: The quick and obvious detection of the CrowdStrike event highlights the importance of measuring the mean time to detect (MTTD) in cyber operations. Organizations should evaluate their ability to detect network outages and speculate on root causes, as these metrics are crucial when responding to potential cyber attacks, especially ransomware incidents.
2. Response: The challenges faced during the restoration of systems after the CrowdStrike event mirror those expected during a ransomware incident. It’s essential for organizations to maintain accurate asset inventories to prioritize recovery activities reliably and develop or test granular recovery plans necessary to expedite the reconstitution of critical services.
3. Business Continuity: The need to execute business continuity plans to restore mission-critical functions highlights the importance of distinguishing between business continuity plans (BCPs) and disaster recovery plans (DRPs). Organizations should conduct a business impact analysis (BIA) and integrate the outputs into comprehensive BCPs to reduce the risk of protracted business disruption from a ransomware incident.
4. Supply Chain and Vendor Risk: The CrowdStrike disruption has highlighted the risks of cyber events affecting supply chains. Organizations should consider and plan for cyber incidents that could have negative consequences on their supply chains as part of their business continuity plans and ensure their partners do the same.
5. Improving Resilience: Organizations affected by the CrowdStrike disruption have a unique opportunity to reflect on their strengths and areas for improvement through the lens of a ransomware incident. It is crucial for all organizations to recognize the potential impact of such events and take steps to improve their resilience.
These key takeaways from the meeting notes provide valuable insights for organizations to enhance their cyber resilience and response capabilities in the face of potential cyberattacks, particularly ransomware incidents.