Invest Wisely: Cybersecurity Challenges and the Economic Downturn of 2021
Key Highlights :
This year is shaping up to be a significant challenge, both from a cybersecurity perspective and an economic perspective. In a recent survey conducted by our company, executive leaders and security professionals were asked a simple question about their organization’s ability to stave off a damaging security breach: Would you wager a chocolate bar on the protections you’ve put in place? Surprisingly, 1 in 5 respondents said no, they wouldn’t wager a chocolate bar on their organization’s security. This is an alarming result, especially considering the highly complex work landscape we’re currently engaged in worldwide. To make matters worse, the world is facing an economic downturn. A significant breach can spell disaster for a company even in a strong economic climate.
The good news is that this level of candor is refreshing, and it’s the first step to finding a solution. To help organizations get started, there are a few fundamentals that should be addressed. The first is to manage, automate and prioritize security. It’s vital to have a system that can automatically discover all endpoints and their status in real time. With detailed insights, organizations can act quickly to protect all assets and maximize performance.
The second is to adopt a zero-trust approach. This security framework assumes bad actors are always on the network and provides continuous protection at the user, device, app, network and data levels. The third is to embrace risk-based, intelligent solutions. Look for a solution that provides a contextualized, risk-based view of your cybersecurity posture that enables you to prioritize the vulnerabilities that pose the most risk.
Finally, if you even hesitated on the chocolate bar question, take action immediately. This year is shaping up to be a significant challenge, both from a cybersecurity perspective and an economic perspective. Invest wisely to ensure your organization is protected from potential threats and economic downturns. Utilize the fundamentals outlined above to create a secure, zero-trust environment and risk-based, intelligent solutions to ensure your organization is prepared for whatever comes its way.
