Six Cybersecurity Intrusions Businesses Must Address

Six Cybersecurity Intrusions Businesses Must Address

Every organization must address the crucial pain points with growing sophisticated cyber-threats. Businesses can prioritize threats by determining, resolving, and gathering intelligence on these intrusions, separating red from grey alerts.

Organizations strive to enhance their defences and improve their tools, tactics, and procedures (TTPs) to restrict the influx of threats while cyber-criminals constantly try to outpace attackers. Businesses can plan countermeasures with proactive defines strategies and determine the pain points to prevent these threats. Here are six cybersecurity intrusions businesses must address.

Lack of Security Reserves

Skilful researchers and analysts are required to monitor threats and impose necessary fixes. The absence of skilled human resources can restrict the organization’s detection activities. As per a recent report by (ISC)2, “Cybersecurity Workforce Study 2022”, 70% of the cybersecurity workforce believe their organization does not have an adequate cybersecurity staff. Security Incident and Event Management (SIEM) software offers a consolidated package encompassing a pool of experts beneficial for organizations that run disparate systems with compromised networks.

Furthermore, organizations without experts can hire third parties to address the threats. Companies can consider managed detection and response (MDR) service providers that effectively hunt threats and plan an incident response. More importantly, businesses must assess whether or not the security provider utilizes robust potential resources.

Also Read: Dangerous Cyber Security Incidents Forecasted in 2023

Prioritization of Threats

When organizations bolster their security infrastructure, they must sift through multiple threat intelligence. A robust risk mitigation plan will help to use these insights adequately. Businesses must identify potential avenues via publicly available incident reports that attackers might leverage to breach a network. However, the data gathered can contain redundancies and false positives. As per a recent report by Orca Security, “2022 Cloud Security Alert Fatigue Report”, organizations suggest that 40% of the alerts they receive are false positives.

Companies need to consolidate and normalize redundant data to ensure a consistent format that systems and solutions can leverage. Efficient aggregation and additional crosschecks eliminate inaccurate information. After this step, they need to make adequate connections and comparisons to reveal domain similarities.

Furthermore, cyber attackers utilize TTPs to initiate malicious activities without getting detected. They can still achieve their goals with the help of insights received via connections and comparisons. Forms of virtual identification can tie the vectors to the attackers. By tracking the company’s traffic logs, firms can check if any user attempting to access the network is in the list of indicators of compromise (IoCs). This practice requires time and can result in an excessive number of incidents.

Security teams must determine which event needs prioritization. An effective correlation process that can help determine the scale of a threat will help to detect it. The bigger the danger, the higher should be the cybersecurity priority.

Alert Fatigue

Tools generate vast data volumes of events and alerts, offering efficient protection and visibility. With the immense influx of potential attacks, security analysts can rapidly be overwhelmed. This causes them to miss a threatening alert or fail to raise one, causing cybersecurity alert fatigue. According to a recent report by Orca Security, “2022 Cloud Security Alert Fatigue Report”, 62% of businesses say alert fatigue has caused an enormous turnover. To avoid this, organizations must assess the current tech stack. So it can rapidly initiate environment monitoring with dynamic detection and response to threats, enabling security experts to procure actionable intelligence timely without the overwhelming racket of false positives.

Regulation and Compliance

Compliance is a vital aspect of a cybersecurity program. While highly regulated firms are often a target for cybercriminals, cybersecurity laws and regulations ensure that organizations take adequate actions to protect this data. Therefore, businesses must comply with privacy laws and GDPR. Complying with security requirements provides a solid foundation for security practices. Failing to meet the compliance rules can lead to fines and penalties. Organizations can deploy custom security strategies to resonate with the specific needs that will help maintain regulatory obligations.

Complexities in Tools and Technology, Vulnerabilities and Security Gaps

Many organizations concentrate on adding more security tools to ensure the security of the infrastructure from the expanding attack surfaces. However, including additional tools elevates the complexity and minimizes the effectiveness. Simultaneously, good tool integration is time-consuming and can use interoperable tools only, so the process offers very little incentive for vendors to build tools that integrate and communicate. Effectively managing and remediating vulnerabilities is challenging for security teams due to many threats, and basic information is often difficult to obtain. Implementing new digital initiatives like the Internet of Things (IoT) has continually driven innovation at the cost of elevated threat exposure.

Firms cannot accurately monitor the environment leading to gaps in the posture that lies exposed to the attackers.

It is crucial to contextualize the attack surface by monitoring vulnerabilities, system misconfigurations, and account exposure. This process will ensure adequate benchmarking against best configuration practices and indurate security posture.

Also Read: Mozilla Patches High-Severity Vulnerabilities with the Launch of Firefox 111

A surge in Ransomware

The rise of advanced technology, such as artificial intelligence, has exponentially increased the complexity, number, and frequency of cyber-attacks. Unfortunately, high expertise in malicious software cannot compensate for the devastation. An off-the-shelf complex ransomware can be purchased and repurposed to mitigate the attack. Remote working has exacerbated vulnerabilities since it can occur from any digital point of access and has gained complexity via social engineering.

As a result, bad actors have scaled their attempts and success rates by targeting isolated employees working remotely from a reliable and authoritative source via any number of digital access points with automation software.

Surviving amidst an evolving threat landscape requires sufficient investments and a reactive defines. While a proactive stance towards security is vital, staying abreast of cybersecurity and attack developments by investing and engaging with reliable third parties and collecting meaningful threat intelligence is also necessary. At the same time, improvements in cybersecurity posture can be achieved with the right people, systems, and applications to ensure overall network protection.

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