Incident Response Planning and Tabletop Exercises

A tabletop exercise is a simulated scenario that tests an organization's incident response or disaster recovery plan, helping to identify strengths and weaknesses and improve overall preparedness.

It is recommended that RIAs conduct tabletop exercises at least annually, or whenever there are significant changes to the IT infrastructure or business.

Practice exercises help to enhance preparedness, identify vulnerabilities, improve communication, and boost confidence in the incident response capabilities of your team.

itSynergy tailors tabletop exercises by conducting an initial consultation to understand your firm's specific needs and develop scenarios that address the unique challenges faced by RIAs. We also deliver a full set of documentation at the end of the exercise which can be integrated into your compliance documentation, and presented as evidence during an SEC examination. Finally, our tabletop exercises help to ensure compliance with SEC regulations such as Regulation S-P.

The after-action report will provide a detailed analysis of the exercise, highlighting strengths and weaknesses, and offering actionable recommendations to improve your incident response plan and overall disaster readiness.

Yes, tabletop exercises can help ensure your firm meets regulatory requirements by regularly testing and improving your incident response and disaster recovery plans and demonstrating your commitment to maintaining robust cybersecurity measures. The documentation produced by these exercises can also be presented as evidence of compliance during an SEC examination.

itSynergy tabletop exercises are uniquely tailored to the specific needs of RIAs, incorporating realistic scenarios and expert guidance to ensure maximum effectiveness and relevance.

Practice exercises benefit your team by enhancing their ability to respond to incidents, improving coordination and communication, and building confidence in their skills and preparedness.

Scenarios in a tabletop exercise can include weather events, physical damage, data breaches, ransomware attacks, phishing attempts, insider threats, and other potential cyber incidents that your firm might face.