For years, the standard approach to cybersecurity has been to build bigger and bigger walls to “keep the bad guys out.” But as the threat of cybercrime has evolved over time, this approach alone is not enough. Here, we look at the growing cybersecurity challenge and key imperatives facing CIOs.
As the Internet has pervaded all aspects of business and personal life, so has the list of cyber threats that could impact your enterprise. It’s not just rival companies looking to steal ideas. Currently an attack on your network could come from a wide range of sources. Your company could find itself under siege from organized crime, terrorist groups, and even foreign governments.
State and commercial interests are merging, with the networks of private companies now seen as key targets when countries are in conflict. For this reason, many corporations are adopting the same cybersecurity strategies as our national security organizations.
The enemy within
A data breach event could potentially cost millions of dollars, leaving your corporate reputation in ruins. With so much at stake, how do you protect your organization and its intellectual property from all attacks?
This is the challenge. Technological developments have moved so fast in recent years that few networks could ever claim to be 100% impenetrable. And as fast as IT security experts establish barriers to their systems, technologically advanced hackers find ways around them.