The pandemic is far from over and we are in a constant state of flux and uncertainty. As security risks continue to mount, organizations cannot be 100% sure if they are fully insulated against possible threats. Recalibration and reprioritization of security requirements for 2021 based on the lessons from 2020 are imperative.
By reprioritizing their security requirements for 2021, organizations can ensure effective security risk management. Put simply, by resetting their security priorities; they can soften blows resulting from the fast-paced changes and minimize losses. Read on to know more.
Factor Remote Work into Your Security Requirements For 2021 and Beyond
Existing endpoint protection was rendered ineffective in protecting remote devices used on unsecured networks. Monitoring employee behavior and compliance remotely was increasingly difficult. As a result, social engineering attacks increased massively in 2020. The reactive solutions, stopgap technology, third-party tools, and the BYOT devices created new, hard-to-monitor and vulnerable endpoints. As a result, the attack surface widened significantly.
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Factoring remote work into the security requirements for 2021 and beyond is mandatory for all organizations.
- Formal remote work policies and compliance frameworks for the long-term remote workforce are a must.
- Leverage advanced endpoint security solutions like AppTrana that enable you to gain visibility into your multiple and disparate endpoints and monitor user behavior from afar.
- Evaluate third-party service providers on compliance, security, and risk factors. Shift to more secure vendors if necessary.
1. Transition to a Zero Trust Model
Company networks are continuously expanding. There isn’t a definitive edge anymore. So, simply protecting the edge will not translate into improved security. Given these circumstances, transitioning to a Zero Trust Model is imperative for the effective protection of data and other mission-critical assets.
The Zero Trust Architecture mandates that organizations ‘Never Trust, Always Verify’ users, data, devices, and networks. It requires organizations and remote subjects to assume that non-enterprise-owned networks are hostile and vulnerable. This model divides the environment into micro-perimeters where access and identity are verified against predefined rules. It uses identity and access management, continuous monitoring, logging, and advanced security analytics to detect malicious activity across the micro-perimeter ecosystem effectively.
2. Get Ahead of Attackers in Cloud Asset Protection
Organizational digital transformation is happening at a rapid pace since the onset of the pandemic. Given the enhanced accessibility and availability, organizations continue to leverage newer cloud-native applications, environments, and technology. However, the newness of and the lack of experience in working with such technology has created security gaps for organizations. This is especially the case for those organizations without a solid security posture that is required for such cloud-based environments. As a result, more cybersecurity incidents are expected in 2021.
While public cloud providers ensure heightened security of the cloud, security within the cloud must be managed by the vendors providing the cloud-based services and organizations using them.
- Make security everyone’s responsibility and establish security by design. Taking the assistance of certified security experts like Indusface will be beneficial.
- Deploy intelligent security tools such as automated scanners, managed WAF, etc.
- Implement strong access controls, privilege management, authentication, and authorization practices.
Remember that organizational digital transformation must not be at the cost of security.
3. It is a Matter of “When”, Not “If” on the Security Front
With a fast-evolving threat landscape, an ever-expanding attack surface, and increasingly complex IT environments, no organization is 100% immune from cyberattacks. We are in a constant state of flux and that will continue well beyond 2021.
So, it is critical to change the outlook from ‘if we are attacked’ to ‘when we are attacked’. Doing so, organizations are always prepared for the worst-case scenario. They are better equipped to avert a cybersecurity crisis or minimize its impact, at the very least.
4. Leverage AI and Automation to Stay Ahead of Threat Actors
In 2020, the severity of data breaches increased by nearly 10-factor points from the previous year! As the severity and sophistication of cyberattacks continue to grow, traditional security practices and solutions are ineffective at providing robust protection against threat actors. Automated and intelligent security tools and technology infuse speed, agility, and accuracy in threat detection and prevention.
Given that 95% of cyberattacks are caused by human error, organizations need to identify malicious insiders and careless people who introduce risks into the environment. While user education is necessary to reduce human errors, it is not foolproof. Therefore, organizations must leverage Insider Threat Analytics and Threat Detection Algorithms to identify and avert insider threats effectively.
5. Recalibrate Your Security Portfolio from a Business Risk Perspective
In 2020, several IT/ IT professionals found that increasing their investments in security did not translate into heightened security. For effective security risk management in 2021, organizations must take a business risk perspective. They must understand and analyze top loss events and find ways to mitigate risks associated with them.
The Key Takeaways
Though haphazard, organizational digital transformation, especially remote work, automation, AI, etc., will outlast the pandemic. And starting now, organizations must recalibrate and reprioritize security requirements for 2021 to protect mission-critical assets and ensure seamless business functioning amidst the disruptions.