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How to Conduct an Effective post Security Incident Review

What Is a PSIR?

A PSIR is a formal process conducted after a security incident to:

  • Analyze what happened and why
  • Identify root causes and contributing factors
  • Evaluate the effectiveness of the response
  • Recommend improvements to prevent recurrence

Unlike a technical report, a PSIR focuses on learning and improvement, not blame.

Step-by-Step Guide to an Effective PSIR
1. Assemble a Cross-Functional Team

Include:

  • Incident response team
  • IT and security operations
  • Legal and compliance
  • Communications/PR (if applicable)
  • Business stakeholders

A diverse team ensures a 360-degree view of the incident’s impact and response.


2. Collect and Preserve Evidence

Gather:

  • Security logs and alerts
  • Forensic data
  • Email and chat transcripts
  • Timeline of actions taken
  • Screenshots or system snapshots

Ensure evidence is preserved in a secure, tamper-proof manner for legal and audit purposes.


3. Reconstruct the Incident Timeline

Build a detailed timeline that includes:

  • Initial detection
  • Escalation and containment
  • Communication milestones
  • Recovery and resolution

This helps identify delays, missteps, or missed detection opportunities.


4. Conduct Root Cause Analysis

Use structured methods like:

  • The 5 Whys
  • Fishbone diagrams
  • MITRE ATT&CK mapping (to understand attacker behavior)

Focus on systemic issues—e.g., lack of MFA, poor logging—not just individual errors.


5. Evaluate the Response

Ask:

  • Were detection and alerting systems effective?
  • Was the incident escalated appropriately?
  • Did the response team follow the playbook?
  • Were communications timely and accurate?

Highlight both strengths and weaknesses.


6. Assess Business Impact

Document:

  • Downtime or service disruption
  • Data loss or exposure
  • Regulatory or legal implications
  • Reputational damage

Quantifying impact helps prioritize future investments in security.


7. Define and Assign Action Items

Create a list of:

  • Technical fixes (e.g., patching, segmentation)
  • Policy or process changes
  • Training or awareness needs
  • Tooling or monitoring improvements

Assign owners and deadlines to ensure accountability.


8. Document and Share the PSIR

Include:

  • Executive summary
  • Timeline and root cause
  • Lessons learned
  • Action plan

Share with leadership and relevant teams. Consider anonymizing and sharing lessons across the organization.


9. Follow Up

Schedule a review in 30–60 days to:

  • Verify completion of action items
  • Test new controls or processes
  • Update incident response plans

Continuous improvement is key to building resilience.


Best Practices
  • Keep it blameless: Focus on systems and processes, not individuals.
  • Standardize the process: Use templates and checklists.
  • Involve leadership: Their support is crucial for implementing changes.
  • Track trends: Use PSIRs to identify recurring vulnerabilities or gaps.

If you are or have recently experienced a Security Incident and need support contact the Secure Chain Technology Group team today for expert assistance.

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