With the uptick of remote and hybrid workplaces, mostly from the result of the pandemic, cyberattacks have become a more common and serious issue – both in the personal and professional landscape. Businesses and government entities are being affected by the recent wave of cyberattacks and it’s not going to stop any time soon. Thus, your organization should be prepared for this attacks by managing cyber risk. Chuck Brooks, Global Thought Leader in Cybersecurity and Emerging Tech, shares an article on Forbes of the four basic ways for businesses to manage cyber risk in a growing digital threat environment. They are, according to Brooks:
- The Need for Businesses to be Proactive in Security. “Being proactive in the ever-evolving digital landscape means doing more than just hiring people and buying new equipment. Creating a cybersecurity framework is also essential since specific circumstances could necessitate the use of biometrics, analytics, encryption, authentication, tactical measures, and ongoing diagnostics and mitigation. Proactive cybersecurity helps to ensure business continuity, to put it briefly.
- The Importance of Testing Software Code and Applications. “Software code testing is a crucial part of information technology product validation. If the testing process is not followed, the final product may include flaws that put a business or organization in danger. One way to ensure the ultimate quality of the goods in software development is to locate and fix errors and misconfigurations. The early detection and correction of flaws and misconfigurations in the software development lifecycle enable planning and cost savings.”
- Having A Plan for Business Continuity and Cyber-Resilience. “To maximize resilience, industry and government entities should set up incident response plans that include mitigation, business continuity planning, and secure backup procedures in case networks and devices are compromised. Since information sharing keeps the corporate and government sectors updated on the latest ransomware, viruses, malware, phishing, insider threats, and denial of service attacks, it also plays a critical role in resilience and business continuity. Sharing information also results in the creation of working procedures for resilience and lessons learned, which are essential for the success of commerce and the prosecution of cybercrimes.”
- Meeting The Security Challenges of Emerging Technology. “Emerging technology is a tool that both threat actors and cyber-defenders can employ. The current state of cyber threats includes artificial and machine intelligence, quantum computing, the Internet of Things, 5G, virtual and augmented reality, and more. A possible cybersecurity route that blends machine and artificial intelligence is automation. Artificial intelligence (AI) will significantly speed up security. It will enable real-time analysis and threat identification. Companies will be able to monitor activity within their system and spot any strange activity. AI and numerous other cutting-edge technologies will soon drastically change operational models and security. To preserve cyber-resilience and business continuity over the next 10 years, it will be imperative to tackle new and more sophisticated attacks.”
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