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BY : L.SHASHI VARDHAN
The ability to quickly respond to threats is hampered for many organisations by a number of issues, such as a shortage of skilled security professionals, antiquated manual change processes, and patchwork infrastructures made up of specialised point solutions. Time is of the essence when under cyberattack. When an organisation has to be the most decisive, all of these elements work together to slow reaction times.
When facing a cyberattack, time is of the importance, yet for many organisations, the capacity to react quickly to attacks is constrained by a number of reasons.
When an organisation has to be the most decisive, these factors work together to delay reaction times. A heavy dosage of "new" thinking is necessary to solve the problem of leveraging automation to speed up the reaction to threats.
Enterprises and end users alike enjoy the excitement and potential that a developing technological landscape brings, but it also has a perilous flipside: increasing risk from attacks from hackers searching for fresh exploits.
In the past, network security experts were mainly concerned with a group of well-known threats: email phishing scams, data breaches, malware carried in on a thumb drive, and operating systems with known vulnerabilities that had not been patched. However, the cybersecurity environment of today seems really different and sinister in comparison. For instance, poorly protected Internet of Things (IoT) devices run the risk of providing an entry point for attackers via a thermostat or a smoke detector. Additionally, as more employees choose to work remotely, personal devices like cellphones that contain company data are posing new security vulnerabilities. Attackers are becoming more intelligent as well, employing artificial intelligence (AI) systems to reach more targets faster and more successfully than before.
Because of the exponential increase in the benefits for a successful assault brought on by the explosive growth of e-commerce and digital assets like cryptocurrencies and digital intellectual property, cyberattacks have become so prevalent.
For the organisation, the stakes are particularly high because a successful assault that compromises client data might cost the business millions of dollars in fines and irreversible harm to its brand.
We'll go more into the nature of contemporary cybersecurity threats in this essay.
Over the past year, the amount of cybersecurity attacks has skyrocketed, and they have also advanced in sophistication and specificity. Cybercriminals frequently use publicly accessible information, such social networking data, to commit identity theft and decrypt passwords quickly. It's now simpler than ever for cyber attackers to fill in any information gaps regarding a potential victim because this data is so widely available on the black market.
The technology used to carry out these assaults is also becoming increasingly widespread. Malicious actors can leverage the same resources as any business, such as distributed computing, cloud computing, and artificial intelligence (AI), to raise the probability that an assault would be successful. Due to the advent of new technologies, the attack surface of the typical organisation has grown in size. Companies now face higher risk than ever due to the utilisation of IoT devices, cloud infrastructure, and employee personal device use.
REFERENCES;
https://www.splunk.com/en_us/data-insider/what-are-modern-cybersecurity
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