5 Ways Enterprises Can Protect Their Data, Time, Money, and Infrastructure


Just as the U.S. Department of Homeland Security Cybersecurity and Infrastructure Agency issued a “SHIELDS UP” advisory to help protect critical parts of U.S. critical infrastructure from potential cyberattacks, the billion-dollar cybercrime industry realigned its scope. With heavy interference by law enforcement, there has been an anticipated shift from critical infrastructure cyberattacks to corporate enterprise companies.

The enterprise attack surface, which is the sum of all entry and exit points, is massive. The use of video and audio conferencing and other digital tools, such as IoT, open-source code, cloud applications, and social media, increased tenfold during the COVID-19 pandemic. Enterprises ramped up technology infrastructure to accommodate the surge. The amount of data has increased in tandem with interconnectivity. According to a 2021 World Bank report, in 2022, the annual total internet traffic will increase by 50% from 2020 levels, reaching 4.8 zettabytes. This digital ecosystem will make corporations vulnerable to cyber threats and attacks that will create a torrential ripple effect.

Identity and access management (IAM) infrastructure and credential misuse are also primary attack vectors. And zero-day exploits are fueled by the emergence of hacking-as-a-service and new open-source tools that dramatically lower the barriers to creating new malware variants. This combination of malicious intent and ease of development have accelerated the scale of deployed malware, with more than 376,000 threats created per day. Most threats are now polymorphic (self-mutating) in nature and are contributing to the rise of low-cost, single-use attacks that circumvent signatures, file reputation, and rigid heuristics.

In response to the unprecedented increase in malicious cyber activity, the World Economic Forum’s Centre for Cybersecurity published the Global Cybersecurity Outlook 2022, which outlines the perceptions, concerns, and predictions of more than 120 renowned cyber leaders across the globe. Not surprisingly, the report indicated that ransomware attacks increased significantly in the first six months of 2021, with global attack volume increasing by 151%. The…

Source…