Enterprises choosing to go offense

As public cloud adoption sees explosive growth and cyber threats become more advanced, cybersecurity that is robust, simple and cost-efficient is a must for enterprises the world over.

Today’s threat landscape is transforming at an unprecedented pace. Considering the intensity and effect of the cyberattacks, protecting the enterprises against threat actors is a herculean task. The data from the findings display the reality of where organizations stand in terms of their cybersecurity measure.

The research suggests that 27% of the Executives and 40% of the Chief Security Officers (CSOs) have accepted not being prepared to handle the new and intense cybersecurity threats that are emerging. Staggering data reveals that India alone from Jan 2022 to June 2022 has reported more than 6,74,000 cyberattacks with an estimated 200% YoY growth in the number of attacks.

A report says, organizations failing to counter the immensely evolving threat landscape say that it is important, now more than ever, to understand the switch C-Suite has to make in order to counter the ever-evolving attacks against their organizations. They are failing in being prepared and taking action, due to their traditional approach towards the attacks.

The companies are playing DEFENSE with the threat actors, which at this age and time are valid only for low-level, traditional threats or breaches. When it comes to the current threat landscape, enterprises need to go on the OFFENSE.

A report from Skybox has shown that organizations that have implemented a Risk-Based Cybersecurity approach have seen zero to few attacks. It is such research and analysis that has led Skybox to develop the industry’s most advanced and award-winning risk-based Vulnerability & Threat Management solution.

The report revealed that:

· 48% of organizations that had no breaches in 2021 were leaders in risk-based cybersecurity

· 50% of the top performers in time to mitigate a breach were risk-based approach leaders

· 46% of the top performers in time to respond to a breach were risk-based approach leaders

It is not just the check-box approach and poor cybersecurity hygiene that makes enterprises vulnerable to cyber threats. It is mainly the strategy IT teams resort to that makes them vulnerable. Instead of cleaning up after the attack, enterprises need to be on the watch 24*7*365 across all of their endpoints anticipating threats.

For any sophisticated attack, the countermeasures need to be sophisticated and enterprises can achieve this level of sophistication in their cybersecurity measures when they employ a risk-based approach.

S Mohini Ratna, Editor, VARINDIA