The war between threat actors and threat defenders in the cyber security battlefield seems never-ending, while the sophistication of malicious attacks is on the rise.
Recently, a US subsidiary of Singapore’s ST Engineering Aerospace was hit by the Maze ransomware attack on June 5, 2020, as confirmed by cyber security firm CYFIRMA. Reportedly, the company discovered that there was a massive breach and theft of about 1.5 terabytes of sensitive data.
So how can you keep your organisation secure and resilient against such attacks?
Understanding security and the dynamics of it all start with awareness followed by the assessment of your existing infrastructure. Let’s dig into how emerging, next-gen security technologies & solutions can help you respond to cyber security risks proactively.
Data/Information Security Management — Because Ransomware Is New Business Disruption
Your data is unique; it is more than just an asset in your business. Data is surely the new currency but, it is also a living, breathing core of your organisation that gets processed and accessed by thousands every day. So is your corporate network.
Now that hybrid work model (comprising of mobile + onsite workforces) is the new imperative, it underlines the significance of driving strong security initiatives before it’s too late.
As rightly stated by Gartner in one of its predictions, “by 2020, one-third of successful attacks experienced by enterprises will be on data located in shadow IT resources, including shadow Internet of Things. Carrying out regular security assessments to gain better visibility or implementing zero-trust networking can be an effective way to tackle such threats.”
To have your edge as infosec warriors over data thieves, embracing machine learning (ML) powered technologies such as encryption, authentication and tokenization is a major breakthrough in data loss prevention. In case, you fall prey to a successful data breach, you should know that cyber attackers cannot monetize data from the stolen data sources and systems.
If you transfer and allow your entire workforce to use the sensitive data in its protected/secure form across all the extended networks, the risk of exposure will reduce significantly.
Endpoint Security Management Is The Next Big Thing
You should know that there are several reasons, loopholes, or weak-links that lead to a successful security attack. Adding to the list, the increased adoption rate of remote work model (or work from home) raises the concern for identifying cyber security incidents across local home networks.
As the volume of employees and home IP addresses associated with your company continues to increase, a diverse range of vulnerabilities their devices is exposed to quickly expands with it as well.
Endpoint security management follows an end-to-end policy-based approach where all your endpoint devices or assets need to comply with a certain set of rules and criteria before they can access the corporate network.
What Should Be Your Next Steps?
Get rid of legacy, outdated antivirus software solutions that are more of liabilities and extend the capabilities of your existing security framework by integrating, while you can.
Implementation of deep learning (encompassing technologies like machine learning) for security intelligence is the key to unlocking faster mean time to repair (MTTR) and stamping out advanced, persistent threats.
Simplifying the security stack enables you to better analyse and report on the activities of endpoint resources. Consolidation of multiple endpoint agents into a universal agent, preferably on a centralized cloud platform will do the trick for you.
Enforce a next-generation antivirus and endpoint detection & response solution that ensures multi-layered protection across mobile workforces and remote offices from known-unknown attacks.
Leveraging cloud-native endpoint security management platforms like Endpoint Standard, you can not only respond to attacks in real-time but also investigate security incidents with machine learning-based behavioural analysis models, file reputation & heuristics, including flexible security policies and practices.
Managed Firewall Solution — Why Does Your Business Need One?
Another important tenet left to cover in this security management piece is the firewall architecture that your company uses or has built. However, the real question arises — is the firewall advanced enough to deter vulnerabilities and threats across the enterprise network?
Since it is a critical component of your network, you will realize there is more to firewall maintenance than just “configure it once and forget” process. The smart move will be to bring in an effective, robust managed firewall solution that can augment your network’s security perimeter, ensuring high availability and zero-downtime within the operating environment.
Moreover, a next-generation defense system with integrated threat intelligence designed to monitor, detect and stop all potential breaches, including malicious content increases your chances of withstanding cyber-criminals.
LGA’s managed security solution - NetDefense provides your business with the advanced security it needs.
Security Management has become a more distinguished and staple IT strategy for digital-first businesses. But, it is easier said than done! Your existing security model is not going to evolve and be cyber threat-ready overnight. And it’s a no-brainer that with every new innovation in technology comes a unique and unknown set of risks.
To top it all, if your core business runs around data & information, you need to have the best of best security expertise in place to stay on top of security trends; a comprehensive solution framework that not only protects your digital business operations but also ensures your business maintains its continuity.