eScan with its Innovative Solutions Empowering Cybersecurity

eScan, a leading cybersecurity organization at the forefront of innovation, is providing comprehensive solutions to combat modern cyber threats. India’s cybersecurity landscape in 2024 is marked by persistent cyber threats, evolving attack vectors, and advancements in cyber security technologies. Govind Rammurthy, CEO and Managing Director, eScan, shares insights into the key security challenges India is facing and how the landscape has evolved in recent years.
India’s Key Security Challenges in 2024

According to Govind Rammurthy, in 2024, India faces several key security challenges, each demanding a strategic approach to cybersecurity:

Cyber attacks and Data Breaches: The persistent threat of cyber attacks continues to be a major issue, with advanced methods targeting critical infrastructure, government agencies, and businesses alike.

Ransomware and Extortion: Ransomware attacks have become more frequent and damaging, impacting organizations' operations and data integrity. Extortion tactics have evolved, that includes data exfiltration, with customers being held for ransom.

Software and Web application Vulnerabilities: The interconnected nature of global businesses introduces vulnerabilities, with attackers targeting extranet of organizations to breach customer networks and gain unauthorized access.

AI & ML Threats: As AI and ML technologies advance, so do the risks of AI-driven cyberattacks, including deep fake attacks, AI-generated phishing, and automated malware creation.

Ransomware-as-a-Service (RaaS): With increasing success of ransomware players in extorting millions from customers, RaaS operations have increased multifold in recent years.

Cloud Security: With increased reliance on cloud services, ensuring robust cloud security measures is critical to protect sensitive data and applications from unauthorized access and breaches.

IoT Security: The proliferation of IoT devices introduces new entry points for cyber threats, requiring enhanced IoT security strategies to mitigate risks of device compromise and data breaches.

With some of the above challenges, cyber security landscape has drastically evolved in recent years, with the following key focus areas:

Focus on Endpoint Security, with rapid response: With the rise in remote work, endpoint security has gained prominence, leading to the adoption of advanced endpoint protection solutions (including EDR) to defend against APTs targeting endpoints & servers.

Compliance Frameworks: The regulatory landscape has evolved with stricter data protection regulations and emerging data sovereignty laws, pushing organizations to enhance data security and privacy measures.

Collaborative Threat Intelligence: Information sharing and collaboration among industry peers, government agencies, and cyber security experts have improved threat intelligence capabilities, enabling proactive threat detection and response.

Emphasis on AI-Driven Security: AI and ML technologies are increasingly used for threat detection, anomaly detection, and automated response, fortifying cyber security defenses with predictive capabilities.

Automation and Orchestration: Security orchestration and automation techniques are being leveraged to streamline incident response workflows, reduce response times, and improve overall security posture.

Summarising, the security landscape in 2024 is marked by persistent cyber threats, evolving attack vectors, and advancements in cyber security technologies, evolving strategies to mitigate risks and strengthen defenses against unforeseen challenges.

Resilience of Business Network Infrastructure
Increasing network infrastructure resilience against cyber threats requires a 360-degree approach that combines proactive measures, stable & proven technologies, and diligent security practices. Rammurthy points out some important measures that organizations can implement to secure network assets effectively:

Deploying Next-Generation Firewall (NGFW) with Intrusion Prevention System (IPS) and Intrusion Detection System (IDS) fortifies the network perimeter, filtering out malicious traffic and detecting advanced threats. Network segmentation creates separate security zones, containing breaches and reducing the attack surface. Strict access control mechanisms, like Role-Based Access Controls (RBAC) and Multi-Factor Authentication (MFA/2FA), ensure appropriate user permissions, enhancing authentication security. Regular patch management updates software to minimize vulnerabilities. Encryption safeguards sensitive data in transit and at rest, while robust network monitoring tools enable real-time detection of suspicious activities. A comprehensive security response plan outlines procedures for identifying, containing, mitigating, and recovering from security incidents.

Conclusion
In his concluding words Rammurthy explains, "We are actively researching new AI/ML methodologies to elevate our resilience and threat inference capabilities. This ongoing evolution ensures that eScan remains ahead of emerging threats and delivers cutting-edge solutions to our customers."

Furthermore, eScan's dedication to customer success via active discussion & participation has been recognized through industry accolades and the trust of our clients, affirming our position as a leading cybersecurity partner.