“According to a survey – one in two corporate in India have a digital transformation strategy. Rapid digitization and increased mobility in the industry has presented countless benefits for advancement.”
The world was already undergoing tremendous digital transformation and the outbreak of the pandemic accelerated its journey. Ideas about the threat landscape typically prioritize corporate and government network assets as higher priorities, individual networks and resources as lower level threats.
However, there have been recent changes that have led to a re-evaluation of priority levels at times.
According to a survey – one in two corporate in India have a digital transformation strategy. Rapid digitization and increased mobility in the industry has presented countless benefits for advancement.
Businesses are adopting new age technologies like Internet of Things (IoT), Artificial Intelligence, Machine Learning, Blockchain, Cloud computing etc. to streamline their workflow. However, it has increased the vulnerability and risk of cyber attacks. Although there has been a positive technological boom due to the adoption of these technologies, there have also been increased concerns over the privacy and security of trading systems.
While the sudden shift to enabling the entire workforce to work remotely has raised the stakes, the number of challenges related to data security has also increased dramatically. As per the recent data – there were more than 1.1 million cyber attacks across India in 2020. This clearly states the need to put in place strong cyber security measures.
Organizations are looking forward to how their teams work and how they protect employees and assets. Therefore, it is important to stay current on emerging threats and most importantly, how threat protection is evolving to help keep organizations safe.
Considering the sensitive landscape of cyberspace, several cyber security platforms have emerged to prevent, detect and respond to cyber threats. These platforms are equipped with security tools that create a strong security framework for companies. It is sensorious to understand today’s threat landscape in order to build strategies and solutions to establish a robust cyber security framework. Adopting new innovations creates an environment where threat landscapes can change rapidly.
Strengthening security infrastructure in cyberspace
Cyber attacks have become more sophisticated than ever before. The first step that business organizations must take to ensure safety is to assess the risks and how they can be managed. Depending on the size and industry, organizations must have a robust strategy to strengthen their cyber security infrastructure.
There are blind spots in security in working in cyberspace. Managing high-risk vulnerabilities is a top priority for organizations. To identify and defend against these threats, cyber security platforms enhanced by artificial intelligence create robust threat management systems to counter sophisticated cyber attacks. These platforms emphasize an integrated approach to fight cyber crime. They help companies identify, prioritize and act on threats at the most relevant times.
Identity Management and Access Control
Legally compliant and secure digital customer experience is the need of the hour for every business. In order to keep the system’s data secure, identity management and access control act as a discipline to verify the user’s identity before providing any access to workplace systems and information. For example, when a user enters their username or password, PIN or scans their fingerprint to make an online transaction, their identity goes through different layers of authentication and verification. Thus, modern cyber security platforms help mitigate risks with identity management and access control.
Security for the remote workforce
The outbreak of the pandemic has resulted in a paradigm shift from physical workspace to remote working. In addition, advances in communications and technology have driven companies to deploy virtual equipment and embrace the benefits of remote working. This requires every organization to use a strong secure network to protect the remote workforce from cyber attacks. With the increased workforce working from home, cyber attackers constantly look for loopholes in an organization’s security system. Thus, cyber security platforms help businesses establish a system to ensure the protection of confidential information while training and sensitizing the remote workforce.
User behavior analysis
Just as anti-virus software is installed to scan files and track viruses that attack the system, user behavior analysis focuses on user activity to protect data and prevent breaches. For example, constantly scanning the most important files to find out usage patterns that show unusual behavior. Considering the uncertain landscape, cyber security platforms leverage the potential of data to gather insights into identifying unknown threats.
Secure cloud computing
Business organizations are prioritizing the security of their cloud systems. According to estimates – in 2020 around 61 percent of businesses have shifted their workloads to the cloud. Additionally, spending on enterprise cloud computing will account for 14 percent of IT revenue globally by 2024. This presented an unprecedented need to develop a secure cloud. computing infrastructure. Cyber security platforms use robust practices to prevent unauthorized access to keep data and applications safe from potential threats and cyber attacks.
To keep pace with the modern economy, organizations need to establish a resilient cyber security infrastructure. Mass migration from operating traditional businesses to online systems leads to data exposure and potential cyber attacks. While companies have a strong security infrastructure, it is worth engaging with cyber security platforms to mitigate the risks.