A modern cyber security approach for your digitally evolving enterprise.
In recent years, ‘Digital Transformation’ has become a major business objective for most modern enterprises, and it also constitutes a key component of their growth strategy. As per a Gartner survey, 87% of senior executives consider digitalization as their organizational priority.
This rapid tech adoption has exposed enterprises to newer security risks and vulnerabilities that are inherent in these technologies. Many of the new technologies require an enterprise’s network to be interconnected to facilitate data processing and analytics. This has lead to the creation of entry points to those critical business functions which were meant to be run in isolation. In the hybrid cloud model, where the public cloud becomes part of an enterprise’s network the risk is even higher. Due to such amalgamation of different networks, applications, and platforms the chances of intrusion, malicious script injections, or hacking have increased substantially. In addition to that, the recent surge in work-from-home, which has put the workplace out of a secured company premise, enterprises are prone to incidents of unauthorized access and data theft.
To tackle these myriad security concerns effectively a multi-level approach is required that can handle threats at each level with the appropriate strategy. Let’s look at four different, but equally important, ways – which operate at different levels – but are foundational towards implementing comprehensive security in a hyper-connected and digitalized environment of an enterprise.
1. Level-up the existing security framework –
Before looking outside to buy a solution, enterprises can improve their security from inside by tightening up their existing data-access rules and policy compliance. A centralized policy framework with stringent rules to enforce compliance can provide the first level of defence against unauthorised activities. Further, user-access can be improved by integrating multi-step authentication or hardware authentication which necessitates the presence of a physical device to grant access. Enterprises should adopt the zero trust security model wherein the users and devices are continuously validated to check their privileges.
2. Tackle disruptive with disruptive –
On the one hand, disruptive tech has increased security concerns while on the other it also provides the solution. Predictive Analytics – that utilizes AI-enabled surveillance, in the form of hacker bots – can detect vulnerabilities and predict an attack and thus stop it from happening. In the same vein, Behavioral Analytics is used for detecting those risks that arise from abnormal behaviour of a user or device over the network. Like a sudden increase in data usage from an account or an IP address can mean a compromised user-id or a device. Blockchain technology can prove to be a great tool for authentication, be it to check the validity of the financial transactions or the authenticity of the incoming data.
3. Integrate systems to strengthen security –
Integrating the information coming from all the different activities on your network can provide a map of events which can then be subjected to a set of rules to spot the threats. This is what a SIEM (security information and event management) software does. It integrates data and logs coming from different units to provide insights into the security state of the network. Besides SIEM, the new modern security applications are themselves able to communicate with other applications from different platforms, rather than working in isolation, and thus they can provide a combined comprehensive security framework.
4. Implement cyber hygiene at personnel-level –
Keeping your employees aware of the modern threats and risks will always be of utmost importance. Conducting regular surveys, sessions, and drills to spread security awareness can go a long way in maintaining cyber hygiene. Implementation of strict usage policies through which users are forbidden to use devices for their personal use can also dramatically reduce the incidents of unintended malware intrusion. Security updates and patches should be made available regularly and should be mandated to install in every device operating in the network.
Although cyber defence is an always-evolving field of technology and it requires constant up-gradation and restructuring but following the aforementioned multi-level strategy is a great way to design a holistic security structure for your enterprise.
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