In the last few years, there has been an increase in small and large companies that have received an attack through a ransomware, an insidious type of malware that encrypts, or locks, valuable digital files and demands a ransom to release them.
The inability to access the important data these kinds of organizations keep can be catastrophic in terms of the loss of sensitive or proprietary information, the disruption to regular operations, financial losses incurred to restore systems and files, and the potential harm to an organization’s reputation. And, of course, home computers are just as susceptible to ransomware, and the loss of access to personal and often irreplaceable items—including family photos, videos, and other data—can be devastating for individuals as well.
Furthermore, enterprises needs to plan, implement, improve and continuously measure their security controls.
“This investment is expected to continue to increase sharply over the next few years. Gartner estimated a that the spend on information security globally rose well above $80 billion by the end of 2016, Until the end of 2020, the highest growth is expected to come from security testing, IT outsourcing and data loss prevention (DLP). But many professionals feel that the technology sprawl is hampering their efficiency more than it is helping them.
The problem isn’t lack of tools, it’s that the industry is over-investing in a diversity of complex and unwieldy solutions. A typical med-large organization invests in at least 35 different security technologies and hundreds of devices which are potentially effective, but are trapped in silos that limit their capabilities”
Ref. Report by www.cyberdb.co
As is the definition, Cyber Security is the ensemble of technologies, processes and practices designed to protect networks, computers, programs and data from attack, damage or unauthorized access. Cyber security involves protecting information and systems from major cyber threats, such as cyber terrorism, cyber warfare, and cyber espionage. In their most disruptive form, cyber threats take aim at secret, political, military, or infrastructural assets of a nation, or its people.
Cyber security is therefore a critical part of any governments’ and enterprises security strategy. Consequently, the hardware physical security is strongly related!
One of the most problematic elements of cyber security is the quickly and constantly evolution nature of security risks & attack. Within this environment, the traditional approach is not the solution!
Companies needs Automated Cyber Risk Officer that could helps to highlight any further concern.
“The threat is advancing quicker than we can keep up with it. The threat changes faster than our idea of the risk. It’s no longer possible to write a large white paper about the risk to a particular system. You would be rewriting the white paper constantly…”
Ref. Adam Vincent, CTO-public sector at Layer 7 Technologies (a security services provider to federal agencies including Defense Department organizations)
Ensuring cybersecurity requires coordinated efforts throughout an information system. Elements of cybersecurity include:
- Network security
- Application security
- Endpoint security
- Data security
- Identity management
- Database and infrastructure security
- Cloud security
- Mobile security
- Disaster recovery/business continuity planning
- End-user education
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Cyber Security Assessment & Risk Management
A secure network architecture should follow a defense-in-depth philosophy and be designed with multiple layers of preventive controls. While preventive controls are ideal, detective controls are a must. There is no way to prevent any attack and sometimes preventive controls fail! Detecting intrusions into a network is not accomplished by deploying a single piece of technology.
To be confident about your network, you need to start with a Security Assessment, fix any revealed risk and continuously monitor it to reveal any further one (Risk Management)
Establishing a well-defined breach and attack simulations exercise program allows organizations the ability to identify malicious or anomalous traffic on the network and determine how the analyst should respond to this kind of traffic. When performing this kind of test, it is important to create traffic which mimics current attack methods.
The RISK MANAGEMENT is the ensemble of algorithms & processes, that use a stable scientific approach, for the identification, analysis, assessment, control, and avoidance, minimization and/or elimination of unacceptable digital-related risk across the entire organization. It enables the Chief Risk Manager (CRM) to have under control his network 24/7 using an aggregative data indicators of security risk.
Furthermore, some RISK MANAGEMENT platform can provides you with recommendations on specific operational defensive actions while helping determine which resources should be allocated to match risk tolerance and business strategy.
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