It’s a no brainer – cyber security is a critical issue.
But top leadership teams at many organizations had been overestimating their strategic cyber security capabilities until the COVID-19 crisis hit the world.
The global pandemic, exacting a terrible economic toll worldwide, caught most businesses off guard and has had a downstream effect on security teams of most organizations.
It exposed that only a few companies worldwide had strong cyber security preparedness to combat the increasing number of cyber attacks, triggered by the rapid shift in work patterns on an extremely abbreviated timeline and operating model. Companies are today exposed to an exponentially higher number of threat surfaces and vectors resulting from remote delivery of work.
According to Atlas VPN, the number of breached records in the first quarter of 2020 hit an all-time high of 8.4 billion, a 273% surge from the same period in 2019.
Just Fear, Uncertainty and Doubt (FUD) or Current Reality?
COVID-19 has accelerated businesses’ transition to a digital future with data moving to cloud. Many global business leaders at World Economic Forum, held in July this year, warned looming of a potentially dangerous cyber pandemic that is likely to result due to rapid and unplanned move.
Dave Bartoletti, Vice President and Principal Analyst at Forrester says: “In general, we expect companies to expand their use of public cloud, contract their spending on building private clouds and shift their hybrid balance to be greater on the public cloud side. This shift was already underway; the pandemic will accelerate it.”
Where Should Businesses Prioritize?
The COVID-19 crisis has refocused strategic priorities of businesses towards the value of cloud delivered security and operational tools.
A solid cloud security plan is central in protecting an organization’s assets and reputation. Security and risk management leaders must now commit to new, emerging cloud security trends to optimize business value and eliminate risks.
• Review the Security Needs of Your Remote Workforce: It is recommended that you evaluate your unique business needs and the data and applications usage of your workforce to assess if any security measures need to be prioritized.
• Eliminate Mundane Tasks with Security Process Automation: It automates security operations tasks based on predefined rules and templates and performs tasks faster and at scale. It saves significant time for businesses to focus on more critical security projects.
• AI to Augment Human Decision Making for Driving Digital Business Initiatives: As more companies adopt cloud computing, many struggle to handle the increasingly complex environment – constituted by the sheer volume of devices, users, and applications.
AI/ML technologies can be integrated into cloud access and application security and network and gateway security to protect digital business systems, improve security defense, and enable automated investigations and accelerated reactions. These technologies build an air-tight system that can take businesses’ cloud security game to the next level.
• Risk-based vulnerability management: It’s recommended that businesses focus on automating infrastructure build out first to significantly reduce the scope of security errors, continually checking instances across the environment and leveraging threat intelligence and asset criticality to prepare a 360-degree view of risks organizations are vulnerable to and a mitigation plan.
The Borderless Enterprise is Here to Stay
We are over 9 months into the COVID-era now. Many businesses are still playing catch up to optimize their remote work experience, according to Infoblox.
Over 90% of decision-makers consider digital transformation and cloud-managed services a priority. Organizations can deploy cloud in multiple ways for communications, brand building, reducing costs and increasing customer acquisition.
A trusted cloud services advisor has the expertise to enable enterprises to take a proactive step towards ensuring safe and secure cloud computing environments while maximizing their ROI and brand image through a managed services model.
Top cloud services organizations today are shepherding many Fortune 500 companies through the process of cloud consulting or cloud migration, and building IaaS and PaaS solutions which can co-exist, on-premise or on the cloud enabling greater operational flexibility.
It is critical to choose a DevSecOps partner, that can help organizations go-to-market faster, improve team productivity and efficiency, detect defects in early stages and build highly stable and secure products.
AI-driven, multi-spoke cloud operations can have businesses covered from provisioning through disaster recovery, giving them lowered TCO, higher ROI, agility, real-time scale, and availability.
In these times, it is important for organizations to have a Zero Trust framework that moves each of their perimeters to every network, user, and device within and outside their company to prevent leaks of their protected data and reducing the risk of increasing cyber attacks.
It is important to act now than regret later.