Cyber-attacks now, unlike before, have a global footprint, impacting not only organizations in silos but on a widespread scale across government institutions and individuals. Cyber-attacks have several forms like DoS, information theft, database destruction and many other that adversely affect the operational aspects of an organization.
The growing cybersecurity threats in an organization result in substantial financial losses, loss of business or contracts, loss of IP, data breaches etc. In addition, these threats could lead to reputational damage and impair customer relationships. Hence, it becomes important for an organization to maintain security standards.
As companies adopt new technologies like the Internet of Things, big data, cloud, and mobile, security should be a serious concern and top priority. The increase in digital connections creates agility in business, but also significantly raises cybersecurity risks and threat levels. In order to address those risks and threat levels, organizations should build security into applications and interconnected devices right from the beginning.
Organizations now use a blend of old and new technologies, which has left them vulnerable to cyberattacks that are not just growing in numbers but also in sophistication. While enterprises struggle with this growing IT complexity, they face serious shortcomings in recognizing how they can possibly keep up with all the cybersecurity threats they are facing.
As technology migrates more products and services online and we become heavily dependent on them, protecting this technological infrastructure has to be a prime concern for information systems.
Samir Agarwal, General Manager of the Security and Endpoint business at Accelerite, in his article “The 3 Major Cybersecurity Gaps Enterprises Face”, covers the critical technology gaps present in enterprise security and suggests resolutions to address those shortcomings which help overcome the risk and complexity associated with any organization.