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Cybersecurity

Cyberattacks are on the rise and there’s no sign they’ll stop any time soon. This has put consumers on high alert; governments are putting laws and regulations in place to protect their populations; and organizations are spending more time, energy and money than ever to guard against them.

Viruses, worms, Trojans and ransomware are among the threats that cybercriminals use to exploit organizations. These attacks are designed to infiltrate systems, steal access details and compromise data. And with the proliferation of IoT devices, almost anything from routers to lightbulbs can now be hacked and used as a delivery mechanism for malware.

Gone are the days of the hacker in a hoodie working alone in a dark room with blackout shades; today’s hackers are multibillion-dollar businesses complete with institutional hierarchies and R&D budgets. They’re also using advanced tools and technologies to create more targeted attacks and cut their attack life cycle from weeks to hours or even seconds.

Organizations need to adopt a proactive approach to cybersecurity and invest in the right solutions for their business. Look for software that uses modern detection methods and learns from previous incidents to identify and report on emerging threats. Also, ensure that the technology you choose is easy to manage and user-friendly for end-users.

To drive better governance over security priorities and investments, use outcome-driven metrics rather than monetary representations of risk (i.e., “How much do others spend and what does that tell me about their level of protection?”). You should also determine the roles that reduce the most risk for your business and define them to be filled as quickly as possible.