This is our two-part series on strengthening Human Risk Management (HRM). In this second part, we will talk about leveraging technology to improve human risk management.
In the first part, we looked at the human element and why it’s important to create awareness about potential risks, and as an organization, how can you do that.
Though awareness is important to build a culture of safety, you also need the right data and tools to implement them. You must have a system that leverages your existing data to predict and thwart cybersecurity risks before they impact your organization. In today’s remote-first globalized world, choosing the right technological tools can protect all your endpoints and an ever-widening attack surface.
In this article, we will explore the three means by which technology can impact your security.
- Advanced technological systems
- Automation
- Analytics and monitoring
Let’s delve into each of these areas.
1. Advanced Technological Systems
Advanced tools and systems help identify, assess, and mitigate the risks associated with human behavior. Here are some key technologies that can enhance HRM efforts.
Artificial Intelligence (AI) and Machine Learning (ML)
AI and ML can quickly analyze extensive data to detect unusual behavior patterns and identify potential threats. These technologies can find anomalies that may indicate a security breach or insider threat.
For example, AI systems can monitor user behavior and detect deviations from normal patterns, alerting security teams to potential risks. Additionally, ML algorithms can predict future risks based on historical data, helping organizations take proactive measures to prevent incidents.
Security Information and Event Management (SIEM) Systems
SIEM systems collect and analyze data from various sources within an organization to provide real-time insights into potential security threats. These systems can help organizations quickly identify and respond to security incidents.
They aggregate logs from different sources, making it easier to detect and investigate security events. Some systems even generate real-time alerts for suspicious activities, enabling swift action.
Identity and Access Management (IAM)
IAM solutions ensure that only authorized individuals have access to sensitive information and critical systems. With the implementation of user identity and access rights management, you can prevent unauthorized access and reduce the risk of insider threats.
In particular, using strategies like Multi-factor Authentication (MFA) adds an extra layer of security, as it requires users to provide multiple forms of verification before accessing sensitive information. Similarly, Role-based Access Control (RBAC) restricts access based on an individual’s role within the organization. This also ensures that employees can only access information relevant to their job.
Data Loss Prevention (DLP) Solutions
DLP solutions monitor and control the flow of sensitive information within an organization. These tools help prevent data breaches by detecting and blocking unauthorized data transfers.
Most DLP systems today can scan emails, files, and other data transfers for sensitive information and prevent it from leaving the organization. Also, you can use DLP solutions to enforce data handling policies, ensuring that employees comply with security guidelines.
Often, organizations use platforms that have all these capabilities or combine two or more of these solutions to create a comprehensive tech stack for improving HRM.
2. Automation
Automation plays a crucial role in strengthening HRM by reducing the likelihood of human error and improving the efficiency of security processes.
Automated can be implemented in the following areas.
Automated Phishing Simulations
Phishing simulations help employees recognize and avoid phishing attempts. Automated tools can simulate these phishing attacks, track employee responses, and provide feedback to improve their awareness.
Automated Incident Response
With automated incident response processes, organizations can respond quickly to security incidents. These automated systems can perform predefined actions, like isolating compromised devices or blocking malicious traffic, without requiring manual intervention.
Automated Compliance Monitoring
Compliance with security policies and regulations can improve human risk management. These automated compliance monitoring tools can continuously check for compliance violations and generate reports, helping organizations maintain a strong security posture.
3. Analytics and Monitoring
Continuous monitoring and analytics are essential components of an effective HRM strategy. By continuously monitoring network activity and analyzing data, organizations can detect potential threats and respond to incidents more effectively.
Continuous Monitoring
Continuous monitoring involves the real-time tracking of network activity, user behavior, and system performance. This approach helps organizations identify security incidents as they occur and take immediate action to mitigate risks.
Security Analytics
Security analytics is the use of advanced analytical techniques to identify patterns and trends in security data. Using this analysis, organizations can gain insights into potential threats and vulnerabilities, allowing them to take proactive measures to protect their systems.
Thus, to effectively strengthen human risk management, you must adopt a multi-faceted approach that combines advanced technological systems, automation, and continuous monitoring and analytics. Advanced technological systems such as AI, ML, SIEM, IAM, and DLP solutions provide the backbone for identifying and mitigating risks associated with human behavior. Automation further enhances these efforts by reducing human error and streamlining processes. Meanwhile, continuous monitoring and security analytics offer real-time insights and proactive measures to address potential threats. Integrating these elements creates a robust HRM framework that safeguards sensitive information and helps you stay on top of evolving cyber threats.
Conclusion: Strengthening HRM with Threat Alliance
Combining technology with awareness is key to strengthening human risk management in your organization. However, implementing them can require extensive knowledge, time, and resources. This is why partnering with an IT managed service provider like Threat Alliance can be invaluable. Threat Alliance offers comprehensive Microsoft managed security for your digital footprint while specializing in cybersecurity services like risk assessments, threat intelligence, and incident response.