Statement of the problem
The practice of domain risk management (DRM) is the solution to the problem created by typosquatting attacks and other threats like cybersquatting and soundquatting (using homophones to create similar domains), which are then used. for phishing or fraud campaigns to steal credentials, personal information or financial information.
Domain management (DM) is often relegated to the marketing or legal teams in many organizations because there is a brand component as well as a trademark in domains. More and more, domain risk is becoming the responsibility of an CISO, as many cyber attacks exploit domains. For example, a criminal could register the microosoft.com domain (note the “oo”), set up an email server, and start sending phishing emails. Adding a proactive and defensive methodology to this established process is becoming a key part of modern cybersecurity strategies.
This leads to the question of whether to develop the capacity in-house or buy it as a service. Below is an introduction to DRM and a discussion that reviews the benefits of active domain management and monitoring.
Define the results of the proactive domain risk management program
Before you build anything, you need to define what the result will look like. For successful DRM, you should consider adding the following components:
1. Active management and monitoring of domains
– Registered domains belonging to others for militarization
– Unregistered domains for registration and arming
– Acquisition of strategic areas
– Management of the domains belonging to the company (renewals)
2. Safe listing of potential threats presented by typosquatting
As a reminder, if the action of counting threats and mitigating them is important, it is just as important that these actions are documented and that they are carried out regularly.
3. Active management and monitoring of domains
Typical management activities associated with domains in your organization should include creating a comprehensive catalog of all registered and owned domains. This catalog should include sufficient details for each domain name.
In addition to cataloging and tracking domain name expiration, you’ll also need a process in place to acquire new domains as organizations identify a need. Make sure to include a step that integrates this new domain into your catalog created on top of end-to-end management.
Summary and next steps
In this blog, we’ve introduced the idea of managing risk for areas in your organization, reviewed the critical components that make up DRM, and discussed the value of actively managing this process. In the following articles in this series, we will dig deeper into this process.
Domain risk management is first and foremost a holistic process where discipline and consistency are required. Unlike many cybersecurity challenges, this is a discrete issue that can be defined with little room for chance. The main factor that makes businesses fail is listing threats to your large-scale domain (s). It’s easy to leverage open source tools, but be sure of the complexities of coverage and repeatability that exist when trying to scale this effort without a dedicated system.
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*** This is a Syndicated Security Bloggers Network blog by Reinforcement blog written by Jeff Baher. Read the original post on: https://bolster.ai/blog/elements-of-an-effective-domain-risk-management-program/