Enterprise security comprises of the strategies and techniques that companies undertake to protect their information assets (data, servers, workstations, storage, networking, applications, etc.) from the threats of cyberattacks. It consists of comprises policies and procedures that provide guidance to have foolproof security in place. However, the enterprise security is a challenging task because infringement of confidentiality, integrity, and availability are looming large in organizations of every size.
So, to reduce and eliminate the risk of unauthorized access to information technology systems and data, you need a risk management program that implements protections through the identification of assets, threats to the assets, vulnerabilities, and controls that can be used implemented to mitigate identified risks. The organization continually changes, so, for the effectiveness of information security, the risk mitigation efforts and the overall cyber-attack protection program must be continually assessed for effectiveness and improvement. You can either take these security measures on your own or data protection services provider can do it on your behalf.
What is the Significance of Enterprise Security?
Although it is very important for that every company that aims to protect its data and other important files to should have an enterprise security system in place, yet it is surprising to know about the number of enterprises out there that who either don’t have security programs at all or are managing with weak or ineffective security programs. In today’s world, where everything can be easily accessed or learned through the Internet, the need for an effective security program is imperative. There are many reasons for its significance, but these three reasons stand out the most.
Power of Cyberpunks:
The advancements in technology and the easy access to learning platforms like YouTube are keeping cybercriminals updated and one step ahead. Also, since the inception of cryptocurrency, hackers have become more bold and powerful. Therefore, what a cybercriminal does and could do should not be taken for granted.
The strategies and tactics these bad actors use have become completely unpredictable. Organizations need to keep themselves up to date on their strategies if they want to successfully tackle their attacks. Additionally, cybercriminals have become so organized that they are now running their activities like a business. So, update your security system otherwise these criminals will find your vulnerabilities originating from a lax security system and cause your company substantial damage.
A Rise in Cybercrimes:
Cybercriminals are increasingly sophisticating their tactics to disrupt organizations. This is why for a few years, a continuous rise in cyber-attacks has been witnessed all over the globe. And this issue is further exacerbated since the outburst of the COVID-19 when businesses started operating remote workforces.
Online scams spiked by more than 400% in March 2020 compared to previous months of the same year. Furthermore, if we look into this matter more closely, we will get to know that the use of malware has increased by 358% through 2020, and ransomware usage has increased by 435% compared to the previous year. Hence, companies of all sizes and sorts are in dire need of a reliable security system if they want to continue during these times of remote working.
Following the Trend of Digitalization:
As it is a widely known adage, when you are improving something, it is important for you to take the whole situation into consideration. Therefore, when you want to move your company into digitization and virtualization, it is essential for you to also make changes in its security system accordingly. This is because using an old battery for a new car doesn’t always work.
Investing in a rigorous and reliable security system means investing in the future of your company. A future that you want safer and brighter for your company where you don’t have to worry about hacks. Adjusting to new technological developments is essential but eliminating the risks that come with it is even more important.
Things to Consider when Implementing a Security Program:
To implement your organization’s cyber-attack protection program effectively, you need to have the required resources, enough time, and a clear focus. You must ensure the following steps for the security of your company or hire data protection services from a reliable service provider to do all these tasks for you.
- First of all, you should understand what is your security boundary. This boundary usually comprises all information assets (e.g., servers, workstations, cloud services) that support the mission of the enterprise through information processing and storage operations.
- Define your software environment and that means identifying all the software that is running on every platform within your boundary.
- Once done with the previous 2 points, you can proceed with hardening each operating system and application within your environment. For this task, target the software running on every workstation, laptop, server (physical or virtual), and network device within the boundary of the enterprise and eliminate as many security risks as possible found in them.
- No software is free of vulnerabilities, so, you must identify the vulnerabilities in your software and implement vulnerability management and remediation program.
The final step in this phase of implementing enterprise security best practices is reviewing the use of administrative access across your enterprise. This access should be limited to all applications and devices to only those that require it for their job functions.