Enterprises need to have advanced cyber threat identification and mitigation process to minimize the risks to the IT infrastructure.
The cybercrime industry is growing at a massive scale; threat actors are on the prowl to target high-value victims to infiltrate their IT infrastructure with various malware. Cybercriminals are evolving their attack approaches so that they can be hidden in the business network and can go unnoticed for a longer period of time. Internet of Things (IoT) devices is one of the major targets of cyber attackers to infiltrate the business network. Enterprises today have to be on their toes to identify and mitigate cyber threats in real-time.
CISOs should consider developing a robust security strategy with advanced tools to monitor the entire enterprise tech stack constantly.
Here are a few enterprise-grade cyber threat detection and mitigation processes:
Implement threat intelligence tools in the security tech stack
Enterprises can ingrain cyber threat intelligence in all the business workflows to identify the potential threats and remediate them immediately to minimize the risks. SecOps teams need to spot, evaluate and determine the threats that have targeted the enterprise in the past and the current scenario. Cybersecurity analysts can implement threat intelligence tools to analyze the patterns in cyberattacks. Moreover, industries need to create forums for the SecOps teams of different verticals to share their strategies and approaches to identify and mitigate the recent cyber threats. CISOs should consider sharing the indicators of compromise with the other enterprises. It is one of the most effective ways to spread awareness about the new threats and uncover patterns that they can track in their security posture. Sharing expertise on attack methods, current vulnerabilities that attackers are exploiting, and the identity of attackers with the industry will help other businesses to ramp up their efforts. CISOs can implement advanced threat intelligence to enhance the readiness of the security posture to detect and mitigate threats.
Lure intruders into a trap
As cybercriminals are evolving, traditional traps to lure attackers have become obsolete. CISOs should consider developing and setting vigilant traps that attract the attacker to have efficient threat detection and mitigation processes. For instance, SecOps teams can set an intruder trap with a honeypot target which may stimulate the house network services that appeal to the malicious actors. They can use honey credentials that seem privileged access to the sensitive data or systems. Enterprises that adopt such an approach will create a bait for the attacker; once the cybercriminal is hooked to the bait, it will notify the SecOps team with an intruder warning. CISOs can even leverage various deception technologies to create a mirage for the criminals to fall prey to.
Conduct regular security audits
Businesses today do not have a levy to let the threat actor be hidden in the organization’s network for longer. CISOs should consider implementing regular security audits to enable the teams to proactively search the entire network, endpoints, and security tech stack to look out for threat actors that are undetected. According to a recent study by Netacea titled “Bot Management Review 2022,” predicts that bots can stay unrecognized for a period of up to 16 weeks on average, and the average time span of being undetected has increased by two years since the previous one. Industry veterans recommend regular cybersecurity audits to spot all undetected cyber threats. CISOs should develop and implement strategies to monitor the security of the organization’s workforce, data, and critical assets.
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