As a business owner, you’ve finally stepped into the digital world by setting up an online store or deploying a remote workforce model. Here’s the deal: going digital means you are prioritizing end-user flexibility, but how far up is cybersecurity on your list? Just like locking up your brick-and-mortar store or office at night, safeguarding all digital assets and user information stored in the cloud is critically important.
This is the final installment of a two-part series dissecting the Left of Bang strategy and mindset and how it applies to modern cybersecurity practices. Click here to read part one. Left of bang is a proactive cybersecurity approach that strengthens incident detection and response by identifying and addressing threats before they impact the organization.
As the 2024 New Year has arrived, so does the opportunity to make educated predictions for what the future holds for cybersecurity. Fundamentally, a cybersecurity strategy is an integral component of business strategy because it allows the business to harness risk. Since cybersecurity is often driven by compliance mandates and overly restrictive policies, cybersecurity teams are sometimes seen as the “department of no.” However, that need not always be the case.
The push for data transformation is compelling companies to modernize network operations and digital infrastructure. However, such transformational efforts demand specialized expertise. To modernize legacy networks, it's not just proficiency in the latest technologies that's essential, but also a deep understanding of the legacy systems targeted for upgrade. Achieving digital transformation goals can be significantly hindered without the appropriate talent. However, even more crucial is ensuring that individuals with the necessary skills are in place to secure those digital environments. The repercussions of inadequate security measures and limited personnel can greatly surpass the costs associated with delaying infrastructure upgrades.
This is the first installment of a two-part series dissecting the Left of Bang strategy and mindset and how it applies to modern cybersecurity practices. Click here to read part one.
Cybersecurity threats, including ransomware, malware and phishing, continue to grow and evolve, increasing risk for businesses of all sizes and across all industries. According to the World Economic Forum’s 2023 Global Risks Report, cybercrimes rank among the top ten global risks—ahead of the natural resources and debt crises, prolonged economic downturn and the use of weapons of mass destruction. With 91% of respondents in the 2023 Global Cybersecurity Outlook study reporting that a “far-reaching, catastrophic cyber event is at least somewhat likely in the next two years,” organizations need to do more to keep pace with the diverse, ever-changing threat landscapeto better manage cyber risk.
In the constantly changing world of cyber threats, it's crucial for organizations to strengthen their defenses. While advanced security features are important, they become less effective if basic security measures, like building a “security-first” culture in the workplace, are overlooked.
Today’s discussion on sustainability is increasingly prevalent in ongoing dialogues, touching on varied issues from governmental budgeting practices to environmental concerns over global population growth. The state of sustainability is also a hot topic when it comes to cybersecurity as the aging reliance on human-led incident response grows flawed. The rationale for this shift is straightforward:
- Cyberattacks are escalating in frequency, severity, and sophistication.
- Modern business environments necessitate rapid IT responses, with processes required to move at breakneck speeds.
- Regulatory compliance requirements are becoming more stringent and complex.
Investors with significant stock in public companies expect a high level of disclosure on information concerning new market competitors, shifts in product demand, and operational disruptions stemming from either natural disasters or cybersecurity. In catering to this need for transparency, the United States Securities and Exchange Commission (SEC) has recognized that cybersecurity incidents also warrant equal attention.
Cyber threats are in a constant state of evolution, posing a danger to organizations of all sizes, from the largest of enterprises to small and medium-sized businesses. All face heightened vulnerability to cyberattacks for several reasons, including limited resources in the SOC and a slower response to emerging threats. Even enterprises that have the budget to swiftly adopt new technologies and data transfer methods still struggle with effectively measuring ROI from deployed security tools and sorting aggregated data coming through their firewalls.
The evolving digital landscape brings new challenges to security operations, especially when it comes to the end users working in it everyday. Recent studies indicate more than 99% of cloud breaches are the result of preventable misconfigurations or mistakes by consumers. As a result, organizations are seeking more efficient and cost-effective IT security monitoring and management services to support overwhelmed end users drowning in data and alert overload.