{"id":1008573,"date":"2020-11-24T20:55:22","date_gmt":"2020-11-24T20:55:22","guid":{"rendered":"https:\/\/america.guide\/?p=1008573"},"modified":"2020-11-24T20:55:22","modified_gmt":"2020-11-24T20:55:22","slug":"5-digital-transformation-driven-cybersecurity-considerations","status":"publish","type":"post","link":"https:\/\/thisamericandream.com\/5-digital-transformation-driven-cybersecurity-considerations\/","title":{"rendered":"5 Digital Transformation-Driven Cybersecurity Considerations"},"content":{"rendered":"\n

Security Strategies: Enhanced post-pandemic preparedness as digital communication dependency escalates<\/em><\/strong><\/p>\n\n\n\n

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On their road to recovery from the pandemic, businesses face unique dilemmas. This includes substantial and entirely necessary investments in digital transformation, however tight budgets are making such endeavors difficult if not impossible. Businesses continue to struggle with pivots like adopting new digital platforms, shifting their corporate model to resolve supply chain disruption and enabling a remote workforce.

The inability for businesses to quickly adopt technologies that support digital transformation processes, including identity-based segmentation, virtual desktop interfaces and full-stack cloud, is hindering their ability to adequately address new threats and even to test new security systems and protocols.

\u201cNow more than ever, it\u2019s imperative to remediate risk exposure and vulnerabilities within an organization\u2019s existing systems\u2014optimally from the get-go,\u201d urges cybersecurity expert Nishant Srivastava<\/a>, Cyber Security Architect and field expert at Cognizant<\/a>\u2014an IT Solutions and Services firm for which he’s focused on designing and implementing Identity and Access Management (IAM) solutions. \u201cBiggest threats should get highest priority, of course, but the magnitude or even likelihood of a threat should not be the sole consideration. Organizations should also look at other forms of value that new technologies can bring.\u201d

Below Srivastava, a senior-level IAM, governance and cyber risk authority, offers key digital security vulnerabilities businesses need to be mindful of given increased digital dependency  amid the   pandemic. Heed these best practices to help keep your company\u2014and customers\u2014uncompromised.

Consumer-Facing App Gaps
<\/strong>For consumer-facing web applications, some of the biggest security threats include path traversal, cross-site scripting (XSS), SQL injections and remote command execution. Of course, protecting customer data is an utmost security concern and breaches abound. One of the biggest challenges to address these kind of issues lies with lacking human resources. There is a lack of aptly trained and skilled security staff in even the most sophisticated of regions, which is cultivating a gap<\/a> in cybersecurity skills across the globe. It goes without saying that employee training and investing in highly-qualified staff are among the best ways to establish, maintain and uphold security levels of consumer facing apps. Rifts, however small, can induce excessive damage and losses.

eCommerce Exposure
<\/strong>Online delivery businesses that are aware of security risks would be wise to introduce more secure logins, automatic logouts and random shopper ID verification and are preventing shoppers from swapping devices when ordering. Such measures will help thwart breaches that expose of customer names, credit card information, passwords, email addresses and other personal and sensitive information.

Companies selling goods or services online also should not launch without a secure socket layer (SSL) connection. It will encrypt all data transfer between the company\u2019s back end server and the user’s browser. This way, a hacker won\u2019t be able to steal and decode data even if he or she manages to intercept web traffic.

Another useful strategy is to enforce password limitations. Passwords should be as complicated as possible with a combination of symbols, numbers and letters.

Investing in a tokenization system is worthwhile because any hacker who accesses the back end system can read and steal sensitive information, which is held in the database as plain text. Some payment providers tokenize cardholder information, which means a token replaces the raw data so the database then holds a token rather than the real data. If someone steals it, they can\u2019t do anything with it because it\u2019s just a token.

Ransomware Recourse
<\/strong>Ransomware threats are escalating, which is why those doing business digitally should enforce a multi-layer security strategy that incorporates data loss prevention software, file encryption, personal firewall and anti-malware. This will protect both a company\u2019s infrastructure and its endpoint.

Data backups are key because there\u2019s still a mild chance of a breach even with all of the aforementioned security solutions in place. The easiest and most effective way to minimize cyberattack damage is to copy files to a separate device. This very reliable form of backup makes it possible for people to recommence work as usual with little to no downtime, and all their computer files intact, should an attack occur.

Gone Phishing
<\/strong>Gmail blocks over 100 million<\/a> COVID-related phishing emails every day, but more than 240 million are sent. That means less than half sent via Gmail alone are blocked. Experts cite imposing limits on remote desktop protocol (RDP) access, multifactor authentication for VPN access, in-depth remote network connection analysis and IP address whitelisting as some of the best strategies to maintain security. In addition, businesses should secure externally facing apps like supplier portals that use risk-based and multifactor authentication\u2014particularly for apps that would let a cybercriminal divert payments or alter user bank account details.

Shielding Teleconferences 
<\/strong>The shift to remote work after the pandemic hit has given cybercriminals more and more opportunities, directing their focus on the tools people use for work. It\u2019s important that people recognize their vulnerabilities, particularly while they work from home. Among these are hacked videoconference passwords and unprotected videoconference links, which criminals can use to access an organization\u2019s network without authorization. Many people who work from home do not use secured networks, unknowingly and unintentionally. Many are just not aware of the risks.

To avoid online teleconference security issues, meetings should always be encrypted. This means a message can only be read by the recipient intended and that the host must be present before the meeting begins. There should also be waiting rooms for participants. Screen share watermarks, locking a meeting, and use of audio signatures are additional recommendations.

When asked what his best advice would be to tweak security for a workforce that\u2019s predominately working remotely, Nishant says that companies should start by analyzing the basics (like those specified above) against the backdrop of a wide range of ever-escalating and evolving threats. \u201cEmployees should use dual-factor authentication and make sure apps, mobile phones and laptops are updated and that available patches and updates are always installed,\u201d he says. \u201cThey should certainly be wary of all information requests and verify the source. These even include unexpected calls or emails seemingly from colleagues.\u201d

Srivastava also pointed out that insiders at the CIO Symposium<\/a> in July 2020 agreed that the pandemic packed years of digital transformation into just a few weeks. The use of third parties emerged as a major security concern to take into account. For instance, some employees abroad were unable to move their computers to their homes, so employers rushed to supply them with new equipment. In the process, some of it was not set up correctly thus compromising security. Companies should have done more to determine out whether individuals were using technology properly, such as if employees were sharing work devices or using their own personal equipment.

On the plus side, the shift toward working from home sped up multi-factor authentication adoption. This is a great opportunity that today\u2019s digitally-driven businesses should take advantage of.

In short, Srivastava advocates taking a zero-trust approach. \u201cIt might sound harsh, but this is the idea that you can\u2019t trust devices, people and apps by default,\u201d he says. \u201cEverything needs to be authorized and authenticated. Users should always verify and never trust, and businesses should act as if there has already been a breach and work to shore up weak links in the security chain. Finally, businesses should give access to information and data to as few people as possible\u2014and wholly ensure those who do have access are appropriately trained to recognize when a red flag presents.

By employing all or even some of the advice above, businesses can continue to thrive as the digital transformation age unfolds\u2014and do so more confidently and contently all around.   

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Forbes Business Council Member Merilee Kern, MBA is an internationally-regarded brand analyst, strategist and futurist<\/em> who reports on noteworthy industry change makers, movers, shakers and innovators across all B2B and B2C categories. This includes field experts and thought leaders, brands, products, services, destinations and events. Merilee is Founder, <\/em>Executive Editor and Producer of \u201cThe Luxe List\u201d as well as Host of the nationally-syndicated \u201c<\/em>Savvy Living<\/a>\u201d TV show. As a prolific business and consumer trends, lifestyle and leisure industry voice of authority and tastemaker, she keeps her finger on the pulse of the marketplace in search of new and innovative must-haves and exemplary experiences at all price points, from the affordable to the extreme\u2014also delving into the minds behind the brands. Her work reaches multi-millions worldwide via broadcast TV (her own shows and copious others on which she appears) as well as a myriad of print and online publications. Connect with her at <\/em>www.TheLuxeList.com<\/a>and <\/em>www.SavvyLiving.tv<\/a>\/ Instagram <\/em>www.Instagram.com\/LuxeListReports<\/a>  \/ Twitter <\/em>www.Twitter.com\/LuxeListReports<\/a> \/ Facebook <\/em>www.Facebook.com\/LuxeListReports<\/a>\/ LinkedIN <\/em>www.LinkedIn.com\/in\/MerileeKern<\/a>.

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The Cybersecurity Skills Gap Is Swelling at a Frightening Pace<\/a><\/blockquote>