Companies brace for more cyber attacks- The New Indian Express

Companies brace for more cyber attacks- The New Indian Express


Express news service

BENGALURU: Many organizations, regardless of size, transformed their operations to facilitate remote work during the pandemic period. Although some companies in all sectors have returned to work regularly from the office, many companies continue and support remote work. Of the many challenges these companies face, security threats are critical. Companies in all sectors are now focusing on cybersecurity, as there is a greater exposure to risk due to remote work. Deloitte points out that 47% of people fall for a fishing scam while working from home.

Cisco’s Duo recently launched its first data center in India to help strengthen security. A Cisco survey says 37% of cybersecurity technologies used by companies in India are considered obsolete by their security leaders. In March this year, Google announced the acquisition of cybersecurity company Mandiant. Subhalakshmi Ganapathy, Product Evangelist, IT Security, at ManageEngine says a data security incident can also cause an attacker to breach the security perimeter and gain access to internal network components.

She suggests that to address these issues, organizations can reset passwords for all stolen accounts, enable mandatory 2FA (two-factor authentication) for all account logins, and back up all data and files. important. According to IBM Security X-Force Threat Intelligence Index 2022, India is among the top three target countries in Asia, and Ransomware was the dominant type of attack against organizations in India. IBM also announced a multi-million dollar investment in its resources to help companies prepare for and manage the growing threat of cyberattacks on organizations in the Asia Pacific region.

Most Indian organizations do not know if they can recover from a ransomware attack and the situation is likely to be worse than before, as companies worldwide manage more than 10 times the amount of data they did five years ago. years, says Ripu Bajwa, director and general. Manager, Data Protection Solutions, Dell Technologies, India.

“Cybercrime has also been found to cost the world $ 10.5 trillion a year by 2025,” Bajwa added.
Findings from Dell Technologies 2021’s Global Data Protection Index (GDPI) revealed that organizations face a variety of data protection challenges driven by the constant threat of ransomware and the consumption of emerging technologies such as the cloud. and AI.

“India is taking bold steps towards cybersecurity and data security. These bold steps are reflected in the new government policies and decisions of the Indian Computer Emergency Response Team – CERT-In to report ‘data breaches and more,’ says Darshit Ashara, chief threat researcher, CloudSEK, an emerging cybersecurity company. “It’s inevitable to compromise data through new attacks, but you can add so many obstacles and firing alarms to go one step further,” he adds.

Periodic password checks
Ripu Bajwa says organizations need to consider a strategy that allows them to make progress in the ever-evolving IT landscape with solutions that help protect traditional and modern workloads with a unique approach. To be in a better position to protect their data from threats, they will need to keep data security at the center of their decisions.

“Incorporating the need to change passwords as part of corporate security policy can help reduce the risk of ongoing cyberattacks. In addition, the use of a multi-factor authenticator and advice from staff to establish strong passwords add layers of protection “, adds Bajwa. Other than that, moving to the cloud to store all your confidential information can help companies better protect and manage your data.



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