Cyber Threats are Evolving, and Your Defenses Should As Well
Digital transformation is not a new subject. With new avenues in the digital world, comes new cyber threats. These are now smartly evolving as per the emerging trends and exploiting existing weaknesses to breach corporate networks. However, the IT departments have their options. They can adopt a nature/nurture approach to cybersecurity, and thus companies can both adapt with as well as overcome the challenges related to new cyber threats.
Using the cloud, mobile apps, and allowing employees to use several devices means the threat footprint is more significant than before. Gone are the days when you could configure a network perimeter firewall, and the job was done. As our world becomes virtual and varied, the way we protect ourselves is also changing.
However, to deal with cyber threats, a company should first build a roadmap and should be clear about its initial steps. The primary critical resource is data, which should be their focus. Understanding how one archives, stores, and protects their data is a vital first step. Secondly, one should understand which data might be valuable to a hacker. Business data has become a commodity, so anything which may have a resale value may be a target. It might be intellectual property or customer data. Someone trying to defame a company can ask for a ransom by threatening to make a hack public. There have been several high profile cases in the last few years. The negative publicity associate with such hacks is detrimental to the brand. It causes a severe impact on investor sentiments as well as the confidence of the customers.
Furthermore, it is essential to change your mindset and start thinking like hackers. Ethical hackers are hired who simulate real attacks (White Hat Attacks) on the company’s network. They identify possible entry points, attempting to break in, either virtually or for real, and report back the findings enabling the company to take strategic decisions and prioritize efforts of remediation.
On many occasions, we have observed that the weakest link is human. When we trust our employees with our company networks and data, it makes them susceptible to targetted attacks. The need to remember passwords and to change them regularly is a classic, inherent, and well-documented weakness. What is easy for us to remember is typically easy enough to crack.
Therefore, there is a need for a smarter approach to security, which replaces the typical challenge/response we are used to. By scoring the risk profile of access to an application or service, authentication services can learn our habits and make the process more robust and tamperproof. For example, if you are trying to access your email account from your work laptop while connected to the office network at your desk, the chances are low that this is someone who is trying to steal data. The risk profile shall be marked as “low risk,” and you’ll be granted access to the application as usual. However, if you are on an unknown remote network, using a new device and trying to access the accounting software, which isn’t part of your job role, this shall be scored as “high risk.” Then you may have to use your biometrics (fingerprint or facial scan) or perhaps use two-factor authentication to get access. This intelligent method of authentication aims to make the user experience better while ensuring a high level of security.
Potential attackers can come from any corner of the globe. This mobile and active threat is agile, smart, and will use any trick or tactic to compromise an exploit. However, there is some good news. Just as corporate data is now the target, it can be used to combat the threat. Smart Security Operations Centres (SOC) are being built, and to be more effective, they are sharing knowledge. Data on threats, bad actors, exploits, and vulnerabilities are available and continuously changing. This network of intelligence means the time taken to identify and isolate a threat is decreasing. Investment in AI and machine learning means that data can be analyzed from a broader range of sources and with greater accuracy. As the attackers are getting smarter, so are the defenses that can be deployed against them.
Technology is transforming the security operations industry, and there are a growing number of innovative products and services to help one fill the gaps. A company should hire such a cyber security services provider, which keeps up with the pace of the changing scenario. The portfolio of a cyber security services provider should include a broad range of services, all of which aim to defend your electronic systems, networks, computers, mobile devices, programs, and data from malicious digital attacks.
We at Connectis Group have been helping companies over a decade in their digital journey to develop paperless automated ways of interacting with customers for better efficiency. Also, we have always motivated our clients to upgrade their business processes to ensure that security is an integral part of the digital disruption process. Our digital transformation solutions come with an array of cyber security solutions and cyber risk assessment services.
These services are synchronous with the ongoing disruptions in retail, customer service, logistics, medicine, and transport, which is changing the way we consume products and services. We ensure that the technological basis of these transformations stays protected and continues to deliver seamless end-user experience.
We assist clients in developing a security awareness strategy that aims to make users aware of the need to protect the information and information assets of their organization. There is a need to move from cyber awareness to tangible behaviors. Our cyber awareness consultants help clients determine their current security awareness maturity level and establish a strategy to achieve a target maturity level based on their specific needs. Our security awareness strategy follows a continuous methodology that helps create tremendous cyber resilience toward cyber threats. Our methodology is based on a cyclical approach that raises information security awareness and effectively changes user behavior over time.
If you got questions: We are happy to answer your questions regarding cyber security, incident response, risk and compliance, security consulting, penetration testing and vulnerability assessment coupled with our breadth of security offerings, we’ve been assisting clients of various sizes for over 25 years. Connectis Group can design, implement, and support cost-effective security solutions to meet your organization’s needs.