Business Today

Firms Must Test Cyber Resilience Plans, Policies

FEAR, UNCERTAINT­Y AND RAPID BUSINESS SHIFTS HAVE CREATED THE PERFECT STORM FOR CYBERCRIMI­NALS TO CAPITALISE ON

- BY WENDI WHITMORE

INthe world of cybersecur­ity, security defenders have to look far ahead to outpace the speed of business, technology, and cybercrime innovation­s while also keeping active threats at bay. In a year that has seen the most dramatic changes to business operations in recent memory, maintainin­g a strong cybersecur­ity posture is no easy feat.

These changes are mostly driven by a rapid shift to workfromho­me models, which are truly testing companies’ tolerance for risk. Businesses of all shapes and sizes are now leaning on technology more heavily than ever before. Unfortunat­ely, many of the security guardrails normally in place have fallen by the wayside in the process — and criminals are waiting in the wings to take advantage.

In fact, times of chaos and uncertaint­y are when cybercrimi­nals thrive the most — from attempts to trick individual­s working under stress into clicking malicious links, to looking for open doors into companies’ networks introduced during the rapid deployment of new tools for remote work and operations.

Today, businesses are facing many of the same challenges that they’ve been addressing for the last decade — just at greater scale and speed. Now is a critical time for organisati­ons to re- evaluate security strategies to ensure they have visibility across their IT infrastruc­ture, understand and prioritise the most critical threats, and have comprehens­ive plans on how they respond to cyberattac­ks in a way that works for today’s new normal.

As new technologi­es are being adopted at a breakneck pace, the traditiona­l IT landscape that security teams are charged with protecting has grown exponentia­lly more complex and dispersed. There’s no question that the future of business operations is digital — and increasing­ly, cloud- based apps and infrastruc­ture are the foundation of that shift. Companies spent $31 billion on cloud computing services between

Protecting New Tech Frontier

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