Mythbusting misconceptions about company online safety
As corporate cybersecurity grows in prominence and importance, especially as the metaverse approaches, it is baffling that there are still misconceptions touted as truth when it comes to how companies can stay safe online.
A particularly common misconception is that cybersecurity means everyone runs antivirus software. Unfortunately, as much as this is good common sense and should still be done, this is no longer sufficient, nor has it been for quite a while.
However, with consumers and national regulators increasingly aware and concerned about data security, it behooves companies to step up their cybersecurity levels to meet the trust that has been placed in them.
Mitigating the risks
There also exists the misconception that breaches will not happen due to cybersecurity. As it stands, part of cybersecurity practice comprises what to do when a breach occurs. Yes, when. The assumption is always that some form of compromise will happen, and it becomes a matter of responding properly.
Cyber threats have been exacerbated by the move to the cloud, which was accelerated by the lockdowns brought about by the COVID-19 pandemic. The new normal of remote working also brought a potential increase in threat vectors and attack surfaces, thus calling for business resilience. It is also no coincidence that these threat vectors can be used as exploits to harvest low-hanging fruit by hackers due to the ease of exploitation.
In responding, the first step would always be to identify where, when, and how a breach occurred, as per Will McAvoy’s line, “The first step in solving any problem is recognising there is one”.
Unfortunately, many cybersecurity solutions only cover one or, at most, a handful of the variety of challenges generally faced by enterprises, failing to fulfil the need for a holistic risk management system.
According to Wipro, the need in the industry today is to have a single pane of glass solution that delivers a holistic risk view, and at the same time, provides an automated compliance-focused view of cloud-based business applications.
This is especially relevant to Australian companies classified as critical infrastructure. The Security of Critical Infrastructure Act 2018 and its amendments in 2021 expanded the definition of critical infrastructure to include more business sectors.
Best practices for everyone
Contrary to some opinions, best practices in keeping a company safe online do start with the people in the organisation. By maintaining a set of customary practices for ensuring the safe handling of critical data and for securing networks, a practice called cyber hygiene, a company helps protect itself against cyber intrusions and hackers.
Proper cyber hygiene, practised and maintained by the people in the organisation, is especially important when people are still working from home, sharing internet access and broadband with other family members who may not practise the same level of cyber hygiene as they go about other activities like streaming media or downloading with bit-torrent, among others.
A particular service offered by Wipro is that it can run extensive auditing on a company’s entire IT setup to find any gaps in the defences or to check if those defences exist. Wipro is a global information technology, consulting, and business services company that harnesses the power of cognitive computing, automation, robotics, cloud, analytics, and emerging technologies to help clients adapt to the digital world.
As part of that service, the company, recently recognised as a Top Employer in Australia for the third year running by the Top Employer Institute, will examine and recommend every aspect of an organisation’s online footprint. This audit covers all aspects of a company’s IT, from email services to file storage and cloud services to addressing ransomware. It will advise the organisation on what steps to take to fix or better any situation.
Another service offered is the company’s proprietary Security Management Centre 3.0, which promises that consolidated, single pane of glass view that is now necessary in organisations. This includes the view of the risk, reliability, and efficiency of the infrastructure, but paired with correlated data, aggregated information, and transparency.
This complements the company’s Third-Party Risk Management process, which offers an automated, fast, and efficient way to collect, validate, and continuously monitor data. It provides real-time visibility of threats and risks across all an organisation’s third parties. This empowers an organisation to onboard and assesses vendors securely while continuously assessing risk via automation across multiple enterprise risk management domains.
An added benefit is that Wipro will also clear up any further misconceptions an organisation may have regarding cybersecurity, safely busting the myths and advising on the very real steps that need to be taken.
For more information, visit Wipro here.
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