A cyber security strategy is a plan that entails selecting and implementing best practices to offer protection to an organization ( Cook , 2017 ) . It is a strategy that offers protection from both internal and external threats. This strategy as well sets up a foundation for the security program of an organization. This security program permits the organization to endlessly adapt to emerging threats and risks. For an organization to successfully control emerging threats and risks in the modern world, the cyber security strategy should consider effectuating defense extensively. The main objective of making this strategy effective surrounds the layering of security defenses ( Süzen , 2020 ) . If a cyber security strategy is initiated in the right manner, it maximizes the capability of a company to lower and limit the damage as a result of a threat actor.

In the modern world, many organizations are now aware of the risks cyber-attacks pose on their revenues, operations, and reputation. Thus, most of these organizations have invested heavily in security controls such as multifactor authentication, monitoring tools, security awareness, as well as additional security practices. There are mainly eight steps that should be adhered to in planning an effective cybersecurity strategy.