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How do startups create a basic cybersecurity plan?

Establish Core Security Objectives

  • Define what needs protection (e.g., customer data, financial records, intellectual property).
  • Align security measures with business goals and legal requirements.
  • Identify internal stakeholders responsible for implementation and monitoring.
  • Establish a cybersecurity budget based on priority risks.
  • Create a high-level policy statement outlining the company’s security approach.

Conduct a Security Risk Assessment

  • Identify vulnerabilities in networks, systems, applications, and processes.
  • Analyze the likelihood and impact of threats such as phishing, malware, or insider errors.
  • Categorize assets based on sensitivity and operational criticality.
  • Document potential consequences of breaches or downtime.
  • Prioritize areas for immediate action and longer-term planning.

Implement Foundational Security Controls

  • Enforce strong password policies and enable multi-factor authentication (MFA).
  • Install antivirus, anti-malware, and firewall solutions.
  • Secure cloud services and mobile devices with proper access controls.
  • Schedule regular backups and ensure they are tested and encrypted.
  • Train employees on basic cybersecurity practices and reporting procedures.

Develop Response and Recovery Protocols

  • Create an incident response plan with clear roles and escalation paths.
  • Define steps for detecting, containing, eradicating, and recovering from an attack.
  • Include communication plans for internal teams, customers, and regulators.
  • Test the plan through simulations and tabletop exercises.
  • Assign ownership of updates and version control of policies.

Review and Evolve Regularly

  • Schedule quarterly or biannual security reviews and audits.
  • Monitor logs and metrics to detect unusual activity.
  • Keep software, libraries, and plugins updated.
  • Adjust policies as the startup scales or adopts new technologies.
  • Stay informed of emerging threats and best practices through industry sources.

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