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Unfortunately, small businesses are being targeted more and more often for cybercrime, and it is not a question of if a small business will experience a cybersecurity incident, but when and how. 71% of cyber attacks are conducted against small businesses and as a result, about 50% of small businesses have been a victim of some sort of cybercrime. With the odds stacked against small businesses, an IT resiliency plan could save your business.

A resiliency plan gives a small business the ability to respond correctly to any cyber breach or data loss by creating a plan of action for different scenarios before they become an issue. Part of this is a training and awareness program so all employees know the appropriate reaction to a cybercrime.

There are several pieces that contribute to a successful resiliency plan. Here are the basics:

  1. Risk Assessment

A great place to start is a risk assessment. After a risk assessment, a company knows what weaknesses it has from a cybersecurity standpoint and where it is likely to encounter a problem. A risk assessment also takes into account your most valuable assets, such as client data, and your most valuable resources – those applications your company and your employees cannot run without. Working those into your resiliency plan allows for your business to have a response that is uniquely tailored to its own operations.

  1. Business Impact Analysis

A business impact analysis goes hand in hand with a risk assessment in setting a small business up for an IT resiliency plan. The business impact analysis helps to determine how much downtime from a cybersecurity incident could cost a small business through a detailed study of the departments, activities, dependencies, and infrastructure.

  1. Crisis Management

This portion of the IT resiliency plan provides the initial response to a cybersecurity incident. This response will lead to the recovery of a small business’s most essential products and services. This will help to mitigate the overall impact of the cybersecurity incident.

  1. Crisis Communication

How you communicate with both internal and external parties is important in a cybersecurity disaster. An IT resiliency plan can include a template with key information that needs to conveyed as soon as you realize you have been victim of a cybercrime.

  1. Business Recovery

Arguably the most important part of an IT resiliency plan, the business recovery portion gets those critical activities up and running in a timely manner. Executing this portion of the plan relies heavily on all of the other contributing pieces.

  1. Training and Roll Out

Training employees on an IT resiliency plan ensures the plan will be followed to the letter during a crisis. If a cybersecurity crisis is to occur, your employees can rest assured knowing a plan is in place to get everything up and running again.

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