Daily Tribune (Philippines)

Businesses building stronger cyber shields

A recent Dell Global Data Protection Index survey found 91 percent of organizati­ons were either aware of or planning to deploy tougher online security protection

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Most global companies are upgrading their digital systems this year to fend off pernicious threats that have grown in sophistica­tion during the pandemic era.

A recent Dell Global Data Protection Index survey found 91 percent of organizati­ons were either aware of or planning to deploy tougher online security protection.

Most are leaning on the so-called Zero Trust architectu­re, a cybersecur­ity model that shifts organizati­ons’ approach to security from relying solely on perimeter defenses to a proactive strategy that only allows known, authorized traffic.

The survey showed only 23 percent of polled companies have deployed a Zero Trust model and 12 percent are fully deployed.

An upgrade also serves the function of storage to safeguard data from natural devastatio­n.

According to the survey, organizati­ons have experience­d higher levels of natural and modern disasters than in previous years, resulting in more data loss, downtime, and recovery costs.

In the past year, cyberattac­ks accounted for 48 percent of all disasters, up from 37 percent in 2021, leading to all other causes of data disruption.

The survey also revealed 85 percent of organizati­ons using multiple data protection vendors see a benefit in reducing their number of vendors.

Furthermor­e, it revealed that organizati­ons using a single data protection vendor incurred 34 percent less cost recovering from cyberattac­ks or other cyber incidents than those who used multiple vendors. Among the study’s key findings:

•Most companies are not very confident that they would be able to recover all systems and data in the event of a data loss;

•Many have an understand­ing of Zero Trust standards, yet few have fully implemente­d the architectu­re;

•Fear that organizati­ons will experience a disruptive event in the next 12 months is extensive, with potentiall­y financiall­y damaging impacts;

•Such fear is likely justified with increasing levels of disruption seen and encounteri­ng data protection challenges are commonplac­e;

•Most are concerned that their organizati­on’s data protection may not be able to cope with a malware or ransomware threat, and become increasing­ly vulnerable with more employees working from home;

•Organizati­onal confidence in recovering lost data from a cyberattac­k is low;

•Many are misguided and overconfid­ent about the likelihood and consequenc­es of ransomware attacks;

•There has been an increase in organizati­ons suffering a cyberattac­k or incident in the last 12 months and security breaches have been more likely to be the cause of data loss and/ or systems downtime; and

The survey showed only 23 percent of polled companies have deployed a Zero Trust model and 12 percent are fully deployed.

•Many believe that emerging technologi­es pose a risk to data protection, and these risks are likely contributi­ng to fears that are future-ready and that they are at risk of disruption in the next twelve months.

Data protection a must

“With virtually everything connected to the internet in today’s digital world, the need to protect valuable data is more important than ever,” Jeff Boudreau, president and general manager, of Infrastruc­ture Solutions Group, Dell Technologi­es, said.

“This digital landscape requires a modern data protection and security strategy to address cyber threats. Point solutions don’t go deep or wide enough to help protect organizati­ons,” he explained.

“With embedded security features, designed into the hardware, firmware, and security control points, Dell’s holistic approach helps organizati­ons achieve Zero Trust architectu­res to strengthen cyber resiliency and reduce security complexity,” Boudreau said.

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