Worldwide, digital technology continues to transform the world of business – while also exposing organisations to a multitude of opportunities and threats. It is, therefore, not surprising that cybercrime continues to escalate rapidly, ranking as the second-most reported crime in South Africa.
Corporate breaches in the headlines are turning hackers into the new super rogues, as these dedicated, organised, and well-financed cyber criminals bombard organisations through alternating attack tools and paths.
This trend has established cybercrime as a growing industry, which has accelerated in the last five years complete with automated tools, customer support, and guarantees for product effectiveness. The commoditisation of new attacks and automated tools has culminated in even the most amateur hacker being able to effectively deliver professional-level threats into a targeted organisation.
Complexity is the major cause of today's cybersecurity problem, owing to extreme intricacy and solutions being costly. Data is extremely multifaceted, extensive and difficult to manage in a timeous way. This begs the question: How to manage the involvedness at a reasonable cost?
A common but often misunderstood and over-relied-on solution is the implementation of firewalls. However, the major pitfalls of this so-called "trusted" solution is that firewall configuration is often not aligned with changing cybersecurity policies. In short, the rate of change with regard to cyber-related risk is accelerating rapidly, increasing the security gaps organisations contend with, and leaving them more exposed than ever before.
Keeping pace with new attack techniques, and effectively defending against advanced threats, is perhaps the biggest challenge facing security teams today in a world of cyber threats. Therefore, architecting a cybersecurity solution that dynamically adapts to ongoing change is crucial. This, however, is expensive and for many organisations, unaffordable.
Consideration must be given to the underlying key themes affecting the management of cybersecurity in South Africa today, these include the following:
Little wonder that cyber security professionals keep asking: "What can we do to protect ourselves and our customers from these new found criminals?"
As a security professional in today's business space, we need to enable a productive work environment while providing all of the controls needed to protect the integrity and ownership of the organisation's data as well as that of the business's clients or customers.
To achieve appropriate levels of security is rather complex and extremely specialised, thus requiring extensive planning, design and architecture.
Effective governance and management are two critical elements for implementing effective cybersecurity. In moving to your next cybersecurity solution, a key goal must be to simplify security management wherever possible. Survival will be achieved through cyber-readiness.
To ensure you've covered all your attack-readiness bases, read the full story here:
*Published with kind permission of www.it-online.co.za