Over the last 2 months, we have been writing about what remote work means to data security. You can find some of those posts here
/blog/cybersecurity-perfect-storm
/blog/remote-work-in-the-age-of-covid-19
We decided to take a step back and look at what data security means in the broader context of what the new normal is likely to look like. Even before recent happenings, data security has never been more important and more challenging. This is because of explosion of data in enterprises, the rise in unstructured data and the messy nature of data being everywhere – on-premises and in the cloud have made data security very challenging. COVID and the pandemic have only added to this challenge by triggering a massive surge in work from home for a workforce that is also distracted and stressed from the pandemic, economic uncertainty and the blurring of lines between personal and professional loves. A testament to this is companies are announcing company holidays to stem burnout for employees1.
Employees are now working from home and consequently there is a massive increase in collaboration across all forms of biz content, including the most sensitive such as biz confidential data, IP data, PII/PCI and financial data. This means that biz critical data could potentially be at risk from a myriad of factors such as
Which means that the threat surface for data has just increased exponentially because
All of this could mean exposing biz critical data to employees and 3rd party that should not have access to it. This means that the risk to data from a compromised user or a negligent employee or insider is now vastly greater and this could significantly raise the odds of a data breach or loss, There is now clear evidence that COVID related attacks are up significantly, between 30 and 50% for most enterprises4. This prompted the DHS, CISA and NCSC to publish this advisory about how COVID-19 is being exploited by malicious cyber actors https://www.us-cert.gov/ncas/alerts/aa20-099a. All of this has a material impact on a company’s bottom line. This article presents some interesting findings about the financial impact that data breaches have on https://www.comparitech.com/blog/information-security/data-breach-share-price-analysis/
What can enterprises do
It is important for enterprises to ensure that the attack surface around data is mitigated during these times to combat the problem of a compromised user or threats from an insider
Tactics to mitigate risk from a compromised user
Tactics to mitigate against insider risk
Mitigating against the risks of a cyber-compromise and insider threats requires a combination of
The challenges of both of this have traditionally been
Those are the capabilities we’ve built at Concentric. Using deep learning, we autonomously find, categorize, and assess the millions of documents your employees use every day. Semantic Intelligence© delivers next-level data protection that’s even more critical as we confront today’s challenging threat landscape from the distance of our home offices. Would like to learn more? [email protected] or schedule a demo https://landing.concentric.ai/demo-request
Note: this article has been updated and refreshed as of 12/10/23 As the cybersecurity landscape evolves in scope and complexity,...
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