Cyber Risks Haul Organizations’ Efforts Adopting New Technologies

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Cyber Risks Haul Organizations__39; Efforts Adopting New Technologies

CIOs and CTOs are refraining from adopting new technologies due to the fear of security and privacy threats that implementation might impose. 

Industry 4.0 compels companies to digitally transform their businesses by adopting advanced technologies to stay competitive and agile. With the increasing pressure of adopting new technologies, enterprises need to be extra vigilant of security threats and vulnerabilities. 

A recent report of Rackspace technology titled “The Multicloud Annual Research Report 2022” states that irrespective of the immense pressure on the CIOs and CTOs to accelerate digital transformation, only 42% of the IT decision-makers are willing to take risks. Cybercriminals target new technologies because they are more susceptible to attacks. Hence, enterprises aiming to lead the race in advanced tech stack adoption need to be more alert to the risk. 

Here are a few ways to minimize risks while adapting to new technologies

Evaluate the vulnerabilities of the new tech stack

New technologies are not well-equipped to identify and mitigate the attacks; hence it is one of the easy targets of the attackers. Businesses adopting technologies at a faster rate are at potential risk of data breaches and network infiltration with dangerous malware. The Rackspace technology report also highlights that almost 47% of the respondents state that security and data privacy concerns are the most significant barriers to reaping the complete benefits of cloud computing and adopting innovation in their tech stack.

Every device, application and IT infrastructure has a potential risk of cyber-attacks always, especially with new emerging technologies, the threat becomes bigger. The CISO should consider evaluating the potential risk of implementing new technologies and designing a robust response plan to remediate the attacks efficiently. The SecOps teams need to proactively identify the threats and implement counter-measures to mitigate them. 

Also Read: Shadow IT: Seven Cybersecurity Risks Enterprises Should be Wary of

Keep the SecOps teams in the loop during the purchase cycle

Technology procurement teams should collaborate with the SecOps team in purchasing decisions. Many enterprises even today have a check box approach to make necessary IT purchase decisions. It is crucial to ask the right questions to the tech vendor and only proceed with the purchase if all the queries are handled effectively. The SecOps team needs to evaluate the key security certifications achieved by the vendor like ISO27, CSA, NIST, and others. Furthermore, CISOs should also consider analyzing vendors’ information security programs and safe coding strategies. After a thorough security analysis of the vendor, enterprises can adopt the emerging technologies if the key security requirements are met. 

Adopting a zero-trust security model

Zero trust security architecture is one of the most effective ways to mitigate new cyber threats. A stringent security process to evaluate all the access permissions throughout the organization’s IT infrastructure will help enterprises to spot the most vulnerable attack surface areas susceptible to potential threats.

Every stage of the CI/CD pipeline should have security measures

Due to the intense security environment worldwide, enterprises have adopted continuous deployment techniques. The CISOs should consider implementing security in each step of the CI/CD pipeline to ensure the development of supply chain security and understanding DevSecOPs benefits. Designing, testing, and deploying a robust incident response plan is essential for organizations to be prepared all time to manage breaches efficiently.

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