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Does your business have digital trust frameworks?

Posted by SilverStorm on Oct 16, 2020 10:30:19 AM

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Confinement created a world with a clear before and after. Many companies had to suddenly adopt teleworking, prioritising urgency over safety and improvising the implementation of solutions. In the new normal, the main question on the table is: Are the tools you adopted during confinement okay, or do they compromise the needs of your business? It’s time to make a decision to drive growth. Nine out of ten experts fear an increase in threats to organisations due to the combination of face-to-face and remote work.

Videocalls through services like Google Meet, Microsoft Teams, or Zoom have become lifesavers for companies. Thanks to these private meetings, all employees know what to do wherever they are, and they have an ally through which they can communicate with the rest of their colleagues. The problem is, they are windows that leave room for hackers to steal crucial information. Their ways of doing so are sophisticated and capable of spreading on a large scale.

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Despite cybersecurity being one of the pillars of Digital Transformation, the security breaches generated by the absence of technical skills continues to increase, according to a study by ESG and Information Systems Security Association (ISSA). For this reason, IDC indicates that 25% of spending on security services will be dedicated to developing, implementing, and maintaining digital trust frameworks by 2025. With this step, half of the consultants in security operations centres will increase their productivity thanks to artificial intelligence and machine learning.

The current outlook is not rosy. According to experts, cybercrime has increased by 50% during the pandemic, however, the data linked to specific types of attacks shows a more worrying picture. Ransomware attacks have grown by 148% and phishing attacks by 667%. About the latter issue, professionals warn that the main route of entry is email. A misconfigured inbox is reportedly a perfect way to mislead employees into unknowingly providing data and confidential information that cybercriminals manipulate to get the most revenue possible. In fact, 95% of the attacks suffered by organisations come from phishing scams.

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Therefore, companies must clearly understand that to guarantee business continuity and increase the productivity of your employees, attacks must be closely monitored and cybersecurity tools capable of scaling and offering new layers of protection for more devices and connection points must be available. Of course, specialists have to learn to use them. Many are so busy putting out fires that they haven’t taken the time to capitalise on the solutions they already have.

Another uninspiring piece of information from the ESG and Information Systems Security Association report is that only 7% of professionals estimate that their company has improved its position on cybersecurity in recent years. 45% say that it has worsened and 48% believe it has not changed. It’s time to move forward and surround yourself with increasingly professionalised talent that has the tools to cut off hackers and put your business in check.

Topics: Business, digital, trust, frameworks

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