The ability to manage and remediate threats properly is becoming incredibly valuable to a company’s performance as cyber threats become more complicated. However, many companies need a solid grasp of how to deal with cyber threats, which can result in breached networks and greater vulnerability. Organizations can identify and address potentially disastrous network vulnerabilities with the proper security program.

Therefore, organizations must develop risk remediation strategies across their whole network ecosystem to effectively counter this evolving cyber danger. Setting up a system for prioritizing risks and creating credible metrics to measure program success are also essential prerequisites.

This article describes the importance of cyber risk remediation, its critical phases, how your organization’s existing or outsourced IT team can collaborate with GoldSky’s remediation fulfillment efforts, and more.

What is Cyber Risk Remediation, and Why is it Important?

Cyber risk remediation entails resolving vulnerabilities in your network and protecting your business from cyber threats. Maintaining constant visibility into internal and external network infrastructures is crucial for effectively mitigating cyber risk, allowing the identification of emerging security issues before threat actors can exploit them. Network breaches must be discovered as soon as possible, which enhances the likelihood that security experts can fix them.

Cyber risk remediation is crucial because threat actors will have absolute freedom if security vulnerabilities in your network remain unaddressed — thus, making identifying a security issue after the fact more challenging.

Moreover, penalties for non-compliance with data security standards are often very high. If a company fails to discover and mitigate a security incident, the results are often financially catastrophic and could ruin a brand’s reputation.

Phases of GoldSky’s Remediation Fulfillment Efforts

Organizations can build a solid foundation for their businesses to succeed with the assistance of GoldSky’s remediation fulfillment regime. Below are the core phases:

●     Risk Assessment – Our security risk assessment team comprehensively evaluates a business, department, or IT project. They focus on reviewing and testing systems to identify security flaws and vulnerabilities before threat actors exploit them. Once security vulnerabilities are identified, they are prioritized based on the degree of risk. Identifying security risks to your business is only half the battle; to keep your organization safe from threat actors, GoldSky prioritizes countermeasures based on the degree of cyber risks identified.

●     Implementation of Countermeasures – After risk-based prioritization of countermeasures, GoldSky implements countermeasures prescribed for information systems or organizations at large to protect the confidentiality, validity, and accessibility of its information and to meet the set of defined security standards.

●     Monitoring Efficacy of Changes – Because threat actors’ techniques are constantly growing in sophistication, GoldSky continuously monitors your firm’s digital footprint to proactively detect vulnerabilities that are crucial toward protection against future cyberattacks.

Types of Remediation Services GoldSky Offers

Organizations can better adopt a threat remediation plan if they know the different kinds of threats they may encounter. The following are some of the most common aspects of an overall  security remediation plan:

• Malware Remediation: involves identifying and eliminating all traces of malicious code within corporate environments. Our cybersecurity experts undertake significant steps in adherence to regulatory standards to eliminate network-based and hardware-based malware strains.
• Data Breach Remediation: Our data breach remediation services help identify security breaches, eliminate them, and start the recovery process for business continuity requirements. The data breach remediation process also encompasses proactive protocols to prevent the spread of security risks that could cause data breaches.
• Social Engineering (Phishing) Remediation: Phishing is a cyberattack in which the victim is misled into visiting a malicious website or downloading a malicious document. Our social engineering (phishing) remediation services help discover phishing attempts to drastically reduce the organization’s chance of becoming a victim of this attack.
• Vulnerability Remediation: Removing any identified vulnerabilities in your network is called vulnerability remediation. Our procedure involves identifying the vulnerability, prioritizing it, fixing it, and reviewing it to ensure it is successfully addressed in the long run.

Conclusion

From the perspective of today’s modern business environment, cyberattacks are an inevitable reality. As a result, threat actors will use their ingenuity to discover a way into your system, even with top-of-the-line defense. However, organizations with foresight can reduce the likelihood and impact of cyber threats by employing effective cybersecurity best practices anchored on proactive remediation fulfillment efforts.

Partnering with a proven cybersecurity team like GoldSky to assist with the remediation of vulnerabilities and threats discovered during security incidents or risk assessment processes can help your organization achieve such a level of resilience. Our remediation fulfillment efforts ensure that your organization establishes resilient security awareness training, endpoint configurations, and the development of solid security standards, policies, and procedures that helps improve your chances of quickly recovering from security incidents.