Many businesses did not have the proper defenses in place when the pandemic hit, and were forced to scramble to keep up and overcome the technical challenges that came with the disruption. The strength of Cybersecurity lies in agility and sophisticated tech, so it is no surprise that businesses are adopting tools that equip them with the ability to respond to new threats on the fly and lock down all sensitive data.
The pandemic has dramatically changed the way people work. While many businesses have done well at adapting to remote workplaces, many still face learning curves and nuances of how to protect them effectively. Companies also need tools to understand the needs, manage workloads and ensure cyber security.
In this dynamic business scenario, the threats posed by the Internet are increasing. Companies need to think differently about protecting their competitive advantage and developing new models to remain secure online. Cyber security experts must demonstrate that they can protect the heart of a transformed business with the thoughtfulness and action that detects the speed and speed with which cybercriminals operate.
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Cybersecurity in a pandemic-struck world
According to SecureAge Technology’s 2021 COVID & Cybersecurity Study, Eighty-five percent of U.S. and U.K. employers are forced to adopt new online safety measures due to the COVID-19 pandemic and switch to remote operation. When asked what kind of tools they used, 60% of U.S. and U.K. businesses said they embraced cloud-based solutions. In comparison, 45% said they accepted file-level encryption, and 41% installed full disk encryption to strengthen their cybersecurity infrastructure.
However, it has not always been an easy transition. The report shows that some 41% of U.S. businesses and 38% of U.K. businesses say that ‘technical implementation challenges’ were a significant obstacle to achieving their new COVID policies and strategies.
While there are a lot of digital tools that offer excellent services and make it a lot easier to work from home on such a massive scale, shifting the working patterns can have severe implications for cyber-security. These threats cannot be foreseen and unanticipated. In that case, how can one ensure if their company is adequately prepared for tackling these cyber security risks?
There are a few practical steps companies can take to help reduce risk and build trust.
To support and improve the robust remote-work environment, firms need to keep these three priorities on focus:
- Staying connected with the employees throughout the working hours. Deploying tools to assess the real-time status of the workforce for more informed decision-making while respecting their privacy.
- Analyzing and assessing the security gaps and locating the control gaps in the remote work setup.
- Ensuring the security methods and measures firms are taking, are in place for the long term to keep the possibility of shifting the remote working open for a permanent basis.
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Here are a few principles to help cybersecurity leaders prepare for the new landscape:
Evaluate informed decisions about risk during a disaster and beyond: Cyber risk management requires remediation from top to bottom. The pandemic has proven that the old speculation of supply chain risk is false. Traditional metrics for resilience online have shown an incomplete representation of real threats. Businesses need to review their supply chain; describe practical, logical metrics for online risk, and focus on operational risks when designing new digital strategies.
Review and familiarize the firm with response systems and business continuity plans: One of the essential considerations of online business planning is that the entire ecosystem operates as standard and can rely on suppliers and partners for support. Businesses need to review resilience planning and testing processes and equip problem management teams with skills and knowledge under tremendous pressure. They also need to update the description of the worst-case scenario for a new reality.
Strengthen ecosystem-wide cooperation: Governments are working together to address international online threats; big business involving threat intelligence; and regulators recognize the importance of transparency and integrated action in planning the sustainability of the ecosystem. Companies need to think about how to access their industry networks, establish collective awareness and intelligence sharing, work together to prevent crime, and take a risk-free approach as part of a wider community.
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