In the world of cybersecurity, security defenders have to look far ahead to outpace the speed of business, technology, and cybercrime innovations while also keeping active threats at bay. In a year that has seen the most dramatic changes to business operations in recent memory, maintaining a strong cybersecurity posture is no easy feat.
These changes are mostly driven by a rapid shift to work-from-home models, which are truly testing companies’ tolerance for risk. Businesses of all shapes and sizes are now leaning on technology more heavily than ever before. Unfortunately, many of the security guardrails normally in place have fallen by the wayside in the process — and criminals are waiting in the wings to take advantage.
In fact, times of chaos and uncertainty are when cybercriminals thrive the most — from attempts to trick individuals working under stress into clicking malicious links, to looking for open doors into companies’ networks introduced during the rapid deployment of new tools for remote work and operations.
Today, businesses are facing many of the same challenges that they’ve been addressing for the last decade — just at greater scale and speed. Now is a critical time for organizations to re-evaluate security strategies to ensure they have visibility across their IT infrastructure, understand and prioritise the most critical threats, and have comprehensive plans on how they respond to cyberattacks in a way that works for today’s new normal.
Protecting New Tech Frontier
This story is from the July 26, 2020 edition of Business Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 26, 2020 edition of Business Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Leapfrogging Into The Future
Gen AI is the future. In India, this revolutionary technology has already penetrated deep into the country's banking sector
The Visionary
In a career spanning nearly four decades, Uday Kotak, a firstgeneration entrepreneur, has not only created a bank of size but also built an institution, which offers a wide range of financial services, from asset management and insurance to securities
Is The Tie Dead?
Maybe not. But it is no longer de facto office wear and is slowly being reduced to something to be worn only on special occasions
"Bring in experts to understand customers"
Qualcomm-backed ideaForge Technology is a Mumbai-based drone manufacturer
SHAKING IT UP
AMERICAN PHARMA MAJOR ELI LILLY SEES INDIA AS ITS LAUNCHPAD FOR A NEW GROWTH TRAJECTORY, USING ITS NEW DRUGS FOR DIABETES AND OBESITY AS THE FUEL. WILL THIS STRATEGIC PIVOT WORK?
"Besides China, no one can match the scale that India offers"
Romal Shetty, CEO of Deloitte South Asia, says innovations coming out of India are being replicated globally, and the country holds great strategic value for the Big 4 firm
PICKING THE WINNERS
The methodology used for the Business Today-KPMG Best Banks and NBFCs Survey 2022-23
THE SMALL FIRM'S BEST FRIEND
Lendingkart, a fintech that posted its highest-ever PAT in FY23, is making credit available to MSMEs in India's far-flung areas
HELPING HAND
From helping financial institutions with e-verifications to aiding them in fraud detection and prevention, Perfios is bridging the gap between data and insights
THE OMNIPRESENT PLATFORM
Fintech major Razorpay has undergone many diversifications. Yet, its core premise remains the same: make the movement of money simpler