WHITE PAPER: INFORMATION-CENTRIC SECURITY

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Despite the growing number of high profile data breaches and the anxiety
they’re causing organizations, too much information security spending still
focuses on the prevention of attacks, while not enough has been done to
improve (or simply create) information monitoring and response
capabilities

Spotlight

Flashpoint

Flashpoint delivers Business Risk Intelligence (BRI) to empower business units and functions across organizations to make better decisions and mitigate risk. The company's unique Deep & Dark Web data, expertise, and technology enable our customers to glean intelligence that informs risk and protects their ability to operate. Fortune 500 and government customers utilize Flashpoint's intelligence across the enterprise, including bolstering cybersecurity, confronting fraud, detecting insider threats, enhancing physical security, assessing M&A opportunities, and addressing vendor risk and supply chain integrity.

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PLATFORM SECURITY

Why Should Businesses Care About Identity Security?

Article | August 12, 2022

In recent years, several of the world's most technology-savvy businesses have experienced identity-related breaches. These occurrences have emphasized how digital identities have evolved to be both today's largest cybersecurity issue and the foundation of current organizational security. It has become evident that a comprehensive, all-hands-on-deck strategy is essential to keep ahead of attackers and make their success more difficult. Why Should Businesses Care About Identity Security? According to CrowdStrike Overwatch team analysis, eight out of ten (80%) breaches are identity-driven. These contemporary attacks often skip the conventional cyber kill chain by utilizing stolen credentials to perform lateral moves and launch larger, more devastating attacks. Identity-driven attacks, however, are particularly difficult to detect. When a genuine user's credentials have been hacked, and an adversary is posing as that user, traditional security processes and tools might make it impossible to distinguish between the user's regular activity and that of the hacker. Identity security is often seen as an organization's final line of defense. These technologies are designed to combat attackers who have escaped existing security measures like endpoint detection and response tools. Identity Security and Zero Trust: How Are They Related? Zero Trust is a security architecture that needs every user, both within and outside of an organization's network, to be verified, approved, and constantly checked for security configuration and posture before allowing or maintaining access to applications and data. Zero Trust implies that there is no conventional network edge; networks can be local, in the cloud, or a mix or hybrid of the two, with resources and employees located everywhere. Businesses that wish to implement the most robust security defenses should combine an identity security solution with a zero-trust security architecture. They must also make sure that their chosen solution complies with industry standards, such as those specified by NIST. Closing Lines Many changes are in store for 2022. Indeed, we cannot forecast all the critical challenges and subjects that will arise this year. Could you fill in some of the gaps? A robust identity security solution will provide the business with several benefits and expanded capabilities.

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SOFTWARE SECURITY

The Reasons Why Cyberattack Surfaces Are Rising

Article | July 8, 2022

Increased cyber assets result in growing attack surfaces. So much so that, according to a recent Gartner analysis, the number one security and risk management trend today is attack surface growth. Businesses and security executives must update security policies and processes to prevent growing dangers when new technologies and cyber environments are adopted. Let's discuss the reasons for attack surface growth and how to rethink cyber asset protection in light of them. Reasons Behind Attack Surface Expansion The Multi-Cloud Trend Is Rapidly Expanding Modern businesses are using the cloud to stay up with digital innovation and meet market expectations. For organizations in many locations, a single public cloud provider is no longer appropriate. Choosing one that satisfies organizational demands is difficult. This simple problem-solution gave many organizations the multi-cloud trend. Gartner found that 81% of respondents use two or more cloud services. Multi-cloud is also used to maintain a vendor-agnostic approach and prevent vendor lock-in. To remain ahead of the competition, numerous vendors provide best-of-breed solutions. This is a huge benefit for multi-cloud adopters. For Ever-Growing SaaS Toolchains, Visibility Is an Issue More than 150 SaaS apps are used by companies with 1,000+ employees. Modern businesses embrace more SaaS apps to speed up their workflows. However, as SaaS adoption expands, so do businesses' attack surfaces. The following are the key reasons for SaaS security: Misconfigurations The absence of robust identity and access management system Inadequate disaster recovery planning Problems with data retention Breach of privacy and data security Inability to satisfy regulatory compliance To keep up with SaaS platforms, businesses must have scalable security and compliance policies. CAASM Automates Security Gap Identification According to Gartner, Cyber Asset Attack Surface Management (CAASM), Digital Risk Protection Services (DRPS), and External Attack Surface Management (EASM) will enable CISOs to safeguard environments against expanding attack surfaces. CAASM will help security teams in particular to: Gain insight over the cloud and SaaS cyber assets Automatically fill security loopholes. Accelerate incident reaction and clean-up Closing Lines As the attack surface rises, so does the amount of cybercrime that occurs. According to the FBI, cyberattacks have risen 400% since the pandemic began, making it essential to detect and minimize cyberthreats for business's health and future. To defend your company from rising dangers, you must detect gaps in time and adapt to the digital world. There are more targets for attackers to strike since organizational attack surfaces are constantly growing.

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ENTERPRISE SECURITY

Cloud Security Threats: 2022 Edition

Article | July 20, 2022

The worldwide cloud services industry is expanding as enterprises around the world continue to embrace cloud technologies. Cloud computing is estimated to reach 947.3 billion by 2026 (Yahoo), growing at a CAGR of 16.3%. But, for all of the advantages the cloud brings, there is a catch: cloud security risks. According to a survey by ISC2, 93% of businesses are concerned about the risks connected to cloud computing. Is this to say that the danger outweighs the reward? No, not at all. Let's look at some cloud security threats to watch out for in 2022, as well as how to develop a cybersecurity policy to safeguard your data while reaping the benefits of cloud computing safely. What Security Issues Can Organizations Deal in 2022? Cloud Strategy One of the most crucial security threats for companies is their ability to design and maintain a cloud strategy plan efficiently. Your business is likely to face fragmentation if cloud and security environments are not aligned with business strategy, which can have a detrimental impact on overall operations and business management. How to Mitigate This Risk: Create a cohesive strategy Concentrate on organizational outcomes Update your cloud security strategy periodically Unauthorized Access Access management is a major challenge to cloud security since it includes private data. Businesses of all sizes are concerned about employees openly sharing data with unauthorized personnel or external third parties, deliberately or accidentally. Additionally, some users with weak passwords or no authentication are more prone to having their data compromised. Ineffective passwords cause almost 80% of data breaches, according to Verizon. How to Mitigate This Risk: Create reasonable policies and processes Implementing multi-factor authentication (MFA) Developing a security model based on zero trust Making use of real-time access data Insecure APIs Many cyberattacks, particularly denial of service (DoS) cyberattacks, are done using application program interfaces (APIs). According to Gartner, API assaults will become the most common attack vector in 2022. How to Mitigate This Risk: Develop an API-specific security strategy Protect your API data using encryption Maintain consistent control over your APIs

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PLATFORM SECURITY

How SD-WAN Can Help Businesses in Boosting ROI?

Article | July 4, 2022

We are surrounded by acronyms and buzzwords in technology. SD-WAN is one that is often used in the industry nowadays. Organizations embrace digital transformation to stay up with market developments, consumer needs, and competitiveness. Traditional network designs weren't meant to manage digital transformation workloads and complexity. Business-critical services are commonly spread over numerous clouds, compromising network performance, particularly at branch sites. Smart network operations teams opt for SD-WAN. SD-WAN reduces overhead and improves network performance. Routing and hardware expenses are saved through SD-WAN solutions while allowing multi-cloud access. SD-WAN also reduces overhead and supports new digital apps and services. This new technology streamlines WAN administration and operation and brings corporate advantages. Business Challenges that SD-WAN Addresses There has been a dramatic increase in the pressure on the network as a result of digitalization. Businesses must now rely on a stable and secure network, which conventional router-based network topologies are incapable of providing. An SD-WAN solution assists businesses in addressing use cases in order to expedite digital transformation efforts, lower cybersecurity risks, and increase revenue. Eases connectivity with far-flung factories and offices. Effectively deploys new sites and minimizes network equipment sprawl. Enhances the speed of file transfer and backups to disaster recovery facilities. Helps in moving applications to the cloud and protecting cloud app. data using Secure Access Service Edge (SASE). Safeguards IoT devices using a zero-trust network Helps in complying with the cybersecurity framework of the National Institute of Standards and Technology (NIST). Ways SD-WAN Can Help Businesses Boost their Bottom Line • Boosts Security Digital transformation is a double-edged sword. It can increase consumer satisfaction and market reach, but can pose security threats. According to the U.S. State of Cybercrime study, 41% of respondents stated more cybersecurity occurrences in 2017. The good news is that many SD-WAN solutions provide built-in security. Most SD-WAN systems only offer basic firewall and VPN functionalities, requiring IT teams to add security to elastic and dynamic SD-WAN connections after the fact. SD-WAN solutions with NGFW, IPS, encryption, AV, and sandboxing can avoid data loss, downtime, regulatory violations, and legal liability. • Enables Cloud Usage Cloud services are rapidly being used by businesses. The great news is that SD-WAN enables direct cloud access at the remote branch, removing backhauling traffic – which routes all cloud and branch office traffic through the data center – allowing workers to directly access cloud applications irrespective of location without burdening the core network with additional traffic to manage and secure. Furthermore, SD-WAN enhances cloud application performance by prioritizing vital business apps and allowing branches to interact directly with the Internet. • Reduces Costs As businesses deploy a growing number of cloud-based services, the volume of data traveling across a WAN rises dramatically, driving up operational expenses. SD-WAN, thankfully, can minimize this cost by utilizing low-cost local Internet connectivity, offering direct cloud access, and lowering traffic via the backbone WAN. According to an IDC poll (prediction), over a quarter of survey respondents anticipate SD-WAN cost reductions of up to 39%, with the other two-thirds anticipating more modest savings of 5–19%. • Improves performance Data transfer over a network isn't created equal. Fortunately, SD-WAN can be set up to prioritize business-critical traffic and real-time services such as Voice over Internet Protocol (VoIP) and then successfully guide it over the most efficient path. IT teams can help decrease packet loss and latency concerns by supporting important applications over dependable, high-performance connections, increasing employee productivity and morale. This is business-impacting performance. Closing Note Indeed, SD-WAN evolved and flourished in the data center over the first few years of development. However, the time has arrived to take it seriously as a tool for managing your wide area network. There are currently several vendors on the market, as well as several mature solutions to choose from. More significantly, the business cases for SD-WAN are expanding on a daily basis.

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Spotlight

Flashpoint

Flashpoint delivers Business Risk Intelligence (BRI) to empower business units and functions across organizations to make better decisions and mitigate risk. The company's unique Deep & Dark Web data, expertise, and technology enable our customers to glean intelligence that informs risk and protects their ability to operate. Fortune 500 and government customers utilize Flashpoint's intelligence across the enterprise, including bolstering cybersecurity, confronting fraud, detecting insider threats, enhancing physical security, assessing M&A opportunities, and addressing vendor risk and supply chain integrity.

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