In this video, discover how to calculate the overall cost of the incident, which is useful in budgeting for the future as well as justifying the expenses required by establishing the incident response team.
- [Instructor] Because the factor of cost … is so important to a business during an incident response, … let's take a few moments to dig … a little bit deeper into it. … After an incident response, one of the questions … that executives often ask, is how much did this cost us? … When you're calculating the overall cost of the incident, … it's important to consider … all of the components that make it up. … For example, many organizations neglect to include … the cost of labor involved in a response, … because those incident response teams … may already be on payroll as salaried employees. … When a company overlooks this factor, … they often minimize the actual costs involved with this, … and it's often going to affect other portions … of their I.T. budget too. … Another area that can become expensive … during an incident is travel expenses. … If all of your locations are not in the same … geographic area, you may be forced to fly out … your incident response team across the country, …
Author
Released
6/21/2019- Differences between events and incidents
- Elements of policies, plans, and procedures
- The structure of the incident response team
- Selecting a team model
- Leading a team during an incident
- Internal information sharing
- Incident prevention
- Detection and analysis
- Containment, eradication, and recovery
- Calculating the cost of an incident
Skill Level Beginner
Duration
Views
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Introduction
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The need for a plan2m 34s
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1. Incident Response Planning
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Events and incidents4m 56s
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Elements of a policy6m 12s
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Elements of a plan5m 13s
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Elements of a procedure3m 42s
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2. Incident Response Team
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Different team models6m 46s
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Selecting a team model6m 3s
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Incident response personnel5m 13s
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Organizational dependencies6m 23s
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3. Communication
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Coordinating your efforts3m 58s
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Internal information sharing3m 33s
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Business impact analysis1m 48s
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Technical analysis4m 4s
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External information sharing3m 57s
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4. Preparation
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Preparation2m 14s
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Hardware and software4m 22s
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Software resources2m 56s
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Incident prevention6m 34s
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5. Detection and Analysis
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Attack vectors5m 18s
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Detecting an incident4m 25s
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Indicators of compromise3m 50s
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Conducting analysis5m 30s
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Documenting the incident3m 21s
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Prioritizing the incident5m 28s
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Notification procedures2m 11s
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6. Containment, Eradication, and Recovery
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Containment strategies6m 29s
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Identifying the attacker3m 4s
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Eradication and recovery4m 54s
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7. Post-Incident Activity
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Lessons learned3m 48s
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Metrics and measures3m 15s
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Retaining the evidence2m 9s
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Calculating the cost2m 10s
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Conclusion
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What to do next2m 17s
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Video: Calculating the cost