Your Technology Needs to be More Radical than Your Cyber-Attacker’s
There is no doubt that the world has become completely digitized. Virtually every facet of our lives is impacted by internet technology, from social media, digitized data, artificial intelligence, smart homes—you name it, the internet dominates the world.
Digital is great but the Risks of Data Breaches Have Multiplied
Digital data has revolutionized the way business is conducted today. The benefits are enormous. And so are the risks. While digital platform developers are working diligently to improve the world for consumers, hackers are working diligently to steal crucial business data for personal gain. A mere glance at the news reveals that every business sector has been impacted by cyber crime. Not only are the economic disruptions staggering, but the risk of personal financial harm is significant. Recently, for instance, it was reported that FedEx became victim to a cyber attack, resulting in a significant impact on its worldwide operations. Protecting the cyber borders of data is more important than ever.
Cyber Criminals are Patient
Cyber criminals are primarily interested in extracting data from company servers, with the aim of disrupting operations. This requires companies to rethink their cyber security strategies, to focus instead on the “cyber supply chain.” Hackers have become very adept at sneaking into the system and slowly stealing data for months before they are detected. Cyber security professionals, therefore, need to focus their attention on both inbound and outbound traffic.
Organizations are not Paying Enough Attention to the Risks
In spite of the vulnerabilities and increased incidents of breaches, response and recovery of data continue to be the weak link in corporations today. Organizations should conduct cyber security emergency drills, similar to the national emergency drills conducted by the government in order to remain alert and abreast of the newest cyber terrorist strategies. Artificial intelligence is assuredly the next frontier, but the success of any cyber security strategy relies on vigilant and skilled people. A strong cyber defense system requires a team effort, constant attention, and a continuous assessment of and response to threats coming from all sources.