Vector, and our specialist cyber security partner, was called in when the HR company realised the severity of the breach and the financial loss it had incurred. With the company’s reputation on the line and clients at risk, we deployed a comprehensive strategy to address the immediate crisis and prevent future incidents.
1. Rapid Incident Response. Our incident response team swung into action immediately, isolating compromised systems and containing the threat. We conducted a thorough analysis to understand the extent of the breach and the attacker's methods.
2. Forensic Analysis. To trace the attacker's steps and identify any residual threats, we performed a detailed forensic analysis. This step was crucial to uncover any hidden vulnerabilities or backdoors that could be exploited in the future.
3. Data Recovery and Financial Reconciliation. We worked closely with the comany to recover as much lost data as possible. Simultaneously, we assisted in reconciling financial records to assess the extent of the financial loss accurately.
4. Implementation of Multi-Factor Authentication (MFA. Recognising the critical role MFA plays in enhancing security, we swiftly implemented MFA across the companies critical business systems. This measure significantly reduced the risk of unauthorised access.
5. Redefining Access Controls. We conducted an extensive review of the company’s access controls and segregation of duties. By creating a more robust access control framework, we minimised the likelihood of a single individual having undue access to sensitive systems.
6. Independent Auditing and Monitoring. To address the lack of independent checks, we recommended and implemented a continuous auditing and monitoring system. This provided real-time insights into system activities and flagged any unusual or suspicious behaviour.
7. Employee Training and Awareness. We conducted cybersecurity awareness training for the company’s employees to ensure they could recognise and report potential threats, thereby reducing the risk of social engineering attacks.