Innovation In Cyber Security Strategy

Terence Sathyanarayan

November 15, 2020

All, Cybersecurity

Cybersecurity has become more common in today’s world. Cyber attackers are increasingly sophisticated and organized, leading easily available attack tools to plunge networks and businesses into chaos. The recent attacks by WannaCry and NotPetya have highlighted the threat of distributed cybercrime and the need to adapt to new threats. Cybercrime, the attack that inevitably follows, is not necessarily new, but the area has been in the spotlight recently. Now is the time for companies to take action to protect themselves from the risk of cyberattacks.
Hackers and data theft viruses have been around for decades, but the WannaCry Ransomware attack was the first time we’ve seen known tactics combined with ransomware to infect a large number of computers in the USA and other countries around the world. This has significantly increased the stakes not only for the victims of the attack but also for cybersecurity experts.
Read more on WannaCry

WannaCry brought science fiction and futuristic threats into the present and made the threat theory personal, and it made cybersecurity a real-world issue.
Fortunately, companies can learn a lot from these attacks to improve their defensive posture and take the necessary cybersecurity measures. Rather than looking at what constitutes a successful cyber attack by a state, it is possible to identify patterns in attack methods, understand common access paths, and identify ways in which companies can protect themselves.
Best cybersecurity strategies are constantly evolving as new threats emerge and new methods are developed to keep your data secure. As cyber threats become more complex, it is proportionately harder to confront the bad actors. To stay ahead of the game, technology experts recommend paying someone to spot security holes and explore new ways to protect your network. Here are some tips for companies trying to keep up to date with the best cybersecurity practices.

Coming up with innovations
To achieve true cyber resilience, electronic security and cyber defence, organizations need not only the best cybersecurity solutions but also the most innovative solutions. Using good solutions to threats is key to staying ahead of rapidly evolving cyberattack methods, and companies need to be prepared for it. Equally important is the integration of these solutions with the rest of a cybersecurity environment, so that products can work together to prevent threats.
cyber security in business
Using Artificial Intelligence
Versive’s Security Engine (VSE) uses artificial intelligence to separate critical risks from routine network activity to identify the chain of activities that lead to an attack and to help security teams prevent the attack. LogRhythm provides companies and organizations with a platform to identify and respond quickly to cybersecurity threats.
They detect threats via email, the number one vector used to deliver malware, and phishing attacks to organizations. Versive helps companies and organizations identify critical threats and helps teams save time that might otherwise be spent investigating alerts that do not require immediate attention, such as spam or malicious e-mail.
Darktrace’s Enterprise Immune System is a self-learning cyber AI technology that detects novel attacks and insider threats at an early stage. It’s Antigua Network is the world’s first Autonomous Response solution for the enterprise. Powered by self-learning AI

Using Machine Learning
Today, companies face several challenges in the form of DDoS attacks to counter traditional threats such as a denial of service. Companies use machine learning to profile and detect compromised accounts and other forms of malicious activity on the network.
To counter these threats, huge amounts of different data must be used and real-time information derived from them. The data operations needed to develop the latest innovations in cybersecurity are well-regarded but they must be the result of data analysis, machine learning, and artificial intelligence (AI) technologies to be relevant with the most recent threat landscape.

Monitoring your network
One of the other effective ways to stem the tide of cybersecurity threats is to monitor your network regularly.
You cant fix what you do not monitor!
The approach to managing vulnerabilities in the cybercrime field will keep your company from hackers in the cybersecurity landscape. It can be frightening when it comes to identifying, assessing, and prioritizing a large number of weaknesses. At the very least, they need to know what normal intercourse and consumption look like and be prepared to spot any abnormalities. When Sony was hacked in 2014, it did not improve its security measures for its Sony Pictures Entertainment network. That could have limited the damage and saved the company from a lot of embarrassment. Darktrace’s Cyber AI Analyst is Darktrace’s AI investigation technology, which automatically triages, interprets, and reports on the full scope of security incidents targeting your dynamic workforce.
To keep bringing the innovations in cybersecurity strategies, various companies and organizations have come up with awards such as ‘Innovation In Cyber Security Award’, ‘Cyber Security Breakthrough Awards’ etc.
The CyberSecurity Breakthrough Awards have been developed to act as the most robust information security programme that honours top businesses, goods, technological advancements and people in the cybersecurity industry today.
Last year, in 2019, Dubai Electronic Security Centre held the ‘Innovation In Cyber Security Award’ putting an emphasis on the important role of Innovation as a cornerstone of Dubai and the UAE’s social and economic development, and the execution of DESC’s innovation strategies and its frameworks. About three years ago In May 2017, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President of the UAE, Prime Minister, Ruler of Dubai launched the Dubai Cybersecurity Strategy with Innovation at its heart and the vision of establishing Dubai as a global leader in innovation, safety and security. The strategy brings together strategic partners from the government to help protect Dubai from Cybersecurity risks with the aim of supporting the growth of Dubai and its economy, led by innovation.

Security Layers

Security is to view in its entirety and not just per domain. For example, one cannot just look at email security or network security, CCTV or physical access control. Integrated security is what professionals with a CISSP or CISO would look at holistically. Insight into the current security posture of your organization with laser-focused is important to understand before you acquire tools and solutions to address cybersecurity initiatives. Remember just strengthening your front door does not guarantee all the other areas in the organization are secure. You have got to make it extremely difficult for your systems to breach and in event of a breach, Cyber resilience strategies are important to ensure you are able to recover from an attack.
Get in touch if you require, Penetration Testing, Vulnerability Assessments or Integrated Security Threat Analysis done before you commit to the next cool software code that will promise to deliver military-grade security!
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