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The Changing Phase of Cyber Security Threats

by CISOCONNECT Bureau

“The current security threat landscape is rapidly changing and this situation needs to be addressed on a priority basis!”

Cybersecurity threats ranging from latest ransomware campaigns, dangerous data breaches and advanced DDoS attacks, have emerged in post pandemic era. Preparing for tomorrow’s threat landscape is crucial to developing strategies and solutions to establish a firm cybersecurity framework. The adoption of cutting-edge security technology creates a secure environment where threat landscapes are changing rapidly.

Pandemic Based Threats
During the pandemic, cyber criminals and Advanced Persistent Threat (APT) hacker groups have taken advantage of targeting vulnerable people and systems. This is due to the new normal of the employees who have switched to Work From Home (WFH) environment. In such a situation, state‐sponsored attacks, and numerous phishing and ransomware attacks have only increased the security challenges for the enterprises.

During the pandemic, there are possibilities of serious data breaches compromising crucial health parameters such as Electronic Health Records (EHR), live health screenings and Personally Identifiable Information (PII). Defending electronic medical devices and network against cyber attacks and mitigation of data breaches is a huge challenge for the health industry.

Other Threats
Today’s malware, ransomware programmers and threat actors are advancing at a lightning pace. The ransomware creators are going beyond simple file encryption algorithms and are known to be using unknown variants of deadly malware with stealth and file-less techniques.

The email based phishing attacks has always remained high on the cybersecurity threat radar for organizations. The new age cybercriminals are using innovative techniques by luring their unsuspecting victims into disclosing crucial personal information, login credentials, or even stealing virtual money in the online world.

The increasing cases of brute force credential stuffing — hackers using automated bots and brute-forced remote access credentials to infiltrate organizations — is indeed alarming.

The Internet of Things (IoT) technology is becoming more ubiquitous and growing at a faster pace, security becomes more relevant to the IoT ecosystem. As various critical sub systems are connected to IoT devices like routers, surveillance cameras, security systems, medical devices, smart devices and manufacturing equipment — incorporating security system is paramount to the mission control of IoT system.

As 5G technology networks is slowly beginning to roll out, the use of unsecure connected IoT devices will accelerate dramatically. Another weak link in the IoT technology is its connection to unsecure networks and clouds.

Systems and programs that have not been patched from a long time is similar to keeping the door open to hackers. In other words, unpatched security vulnerabilities are open invitation to the malicious hackers. When it comes to unpatched Windows Operating System, the attackers are getting more creative in exploiting its security vulnerabilities.

Challenges of System Integration
While defending against multiple cyber attacks for businesses, CISOs are expected to develop strategies to secure organizations from unknown attacks and complex malware while identifying future ones.

The never-ending process of maintenance, upgrade, contract renewals and other activities related to securing vital systems is a huge challenge for enterprises. In terms of system integration, most of the organizations work with various security products and solutions that are not easily integrated with one another. For the organizations, this process of multi vendor integration creates inefficiencies in their systems in quickly identifying and mitigating cyber threat. In addition, non-integrated point solutions in enterprises can wreak the security framework.

Securing Businesses
Working closely with leaders in Cybersecurity Cisco, CISOs can swiftly unlock new potential and consolidate security framework with SecureX. Security professionals can immediately secure their business infrastructure with an open, integrated platform by using Cisco’s SecureX to meet any security challenges. One of the striking features of SecureX is its ability to blend seamlessly with the existing security infrastructure with out-of-the-box interoperability. In terms of security consolidation — Cisco’s SecureX unifies scalability, visibility, identifies unknown threats, and automates workflows to strengthen customers’ security across various platform, network, endpoint, cloud, and applications.

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