Risks and Quick Fixes to Cyber Threats in the Era of Digital Transformation

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Risks-and-Quick-Fixes-to-Cyber-Threats-in-the-Era-of-Digital

Digital transformation has made businesses flexible and capable of meeting the demands of today’s customers. Many organizations have embraced new technologies and their unique ways. However, amid this significant change, businesses deprioritized the security risks anchored with digital transformation.

Here are a few security risks of digital transformation.

Digital Transformation Leads to Increased Exposure to Attack: Attack Surface Expansion

As organizations adopt digital transformation, there is an increase in the utilization of cloud devices, artificial intelligence (AI), data analytics, and the Internet of Things (IoT). As a result, cyber attackers can authorize the connectivity of these programs to access the IT infrastructure and internal networks and exploit the vulnerabilities. This leads to the exposure of confidential data along the infrastructure, which the attackers can manipulate.

Also read: Leading Retailer at High Risk of Cyber Attack Resulting from VPN Vulnerabilities 

Digital Transformation Demands Reliance: Third-Party Suppliers

Organizations rely on third-party suppliers like cloud vendors or Software-as-a-Service (SaaS) as they adopt new technologies.

There are high chances of vulnerabilities in the third-party products or infrastructure that could suffer a breach. This can adversely affect the businesses that utilize these products or services. As a result, organizations must reassess their security measures to secure and manage the supply chain.

Digital Transformation Demands High Security: Secure Cloud Environment

As digitization increases, organizations have had difficulties ensuring a secure cloud environment. Cloud security tools are progressive. Hence they require constant monitoring and updating, which calls for an IT investment. At the same time, the workforce or skill sets required to secure the cloud efficiently is a significant pitfall in securing the cloud environment from attackers.

Businesses at the initial and final stages of digital transformation pose additional challenges. To address the risks anchored with digital transformation, organizations must assess effective strategies to ensure the program is successful and secured. Here are a few quick fixes for the security risks associated with digital transformation.

Involvement of Security Teams at the Earliest Point

The simplest and most cost-effective way of securing the network is to involve the security team in the planning as earliest as possible. Involving them in the strategic planning ensures they are a part of digital transformation and can support the strategies allowing them to find innovative solutions that complement broader transformation objectives.

Educate Employees and Secure the Supply Chain

Organizations need to train their employees on the basics of cloud security, enabling them to recognize the signs of attack effectively. This strategy will have a positive impact on the success of digital transformation. Vendor security is the key. At the same time, it is overwhelming for organizations to make suppliers adhere to the intense security standards. From the chosen cloud provider to the most specific SaaS product, supplier risk assurance should become a part of the process for all vendors.

Also read: New Alert Logic Launchpad Program Offers Managed Security Service

Invest in Security and the Right Skills

With the development in attacking techniques, frequent changes in the cyber security landscape occur. Organizations must maintain consistency in constantly updating the resources to ensure a secure digital transformation. These changes can be achieved with a suitable staff skill set. Digital transformation demands new ways of working that challenges the skills of IT and security teams.

Businesses with support from specialized managed security teams need to invest in recruiting more positions in the security teams. Specialized managed security teams provide expert advice and offer complex skill sets and complementary services on a short-term or ongoing basis.

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