Strengthening Network Security: Preparing for Breaches to Build Stronger Defenses

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CATEGORY
Blog, Retail, Cybersecurity, Data and Analytics
Steven Mai
Chief Information Security Officer & SVP, NETFINE
DATE
Jul 10, 2024
In today's digital landscape, the concept of absolute security is a myth. Pursuing an elusive cybersecurity solution can lead organizations into a false sense of safety, diverting focus from more practical and pressing threats. Instead, businesses must accept that breaches are a question of "when," not "if."
Acknowledging that breaches are often inevitable but not always catastrophic allows companies to use these incidents as opportunities to enhance their cybersecurity infrastructure and address previously unknown vulnerabilities. By shifting focus to risk management and minimizing the impact of attacks, organizations can develop a sustainable and effective long-term security strategy. This approach fosters a culture of continuous threat detection and proactive defense.
Cybercrime Damage Predicted to Cost the World
$9.5 Trillion in 2024
SOURCE
Enforce Multi-Factor Authentication
Multi-Factor Authentication (MFA) provides an additional layer of security by requiring a second form of verification, such as a code sent to a phone or email, along with a password. Businesses should enforce MFA whenever possible, especially for privileged accounts. This is crucial for remote employees and business partners accessing internal networks.
Implement Zero Trust Architecture
Traditional security models that trust everyone within the firewall are outdated and ineffective against insider threats. Zero Trust Architecture (ZTA) provides a more robust approach by minimizing exposure, managing the impact of attacks, and accelerating remediation. ZTA involves regularly updating passwords, rotating access credentials, and immediately decommissioning former employees’ access to all company systems.
Ensure End-to-End Connectivity Security
In an increasingly connected world, it is essential for businesses to secure all points of connectivity. From endpoints to services, controls and sensors must be in place to protect entry points like laptops, desktops, and mobile devices. Secure Wi-Fi connections are vital; accessing sensitive information over public Wi-Fi without a secure channel should be strictly prohibited.
Inventory and Classify Data
Maintaining an up-to-date data inventory and classification system is crucial for prioritizing protection efforts. Proper data classification enables teams to detect unauthorized access and assess system impacts during breaches. This categorization helps identify and protect critical assets, ensuring that security efforts are focused on the most valuable data.
Segregate Networks
Network segregation is a strategy that divides network elements, making it easier to isolate breaches and restrict the lateral movement of attackers. By limiting the spread of malware and other threats within a segmented part of the network, businesses can reduce overall damage and improve response effectiveness.
Regularly Test Your Incident Response Plan
An incident response (IR) plan is essential for detecting, containing, and restoring affected systems quickly. A comprehensive IR plan should include an escalation path, evidence tracking, and executive notifications. It should also outline the roles and responsibilities of security team members and other key personnel. Regular testing and training ensure that the entire organization is prepared to respond effectively to security incidents.
Enhance Your Cybersecurity Posture with NETFINE
Risk management is a dynamic field, requiring agility as threats continuously evolve. At NETFINE, we empower our clients to strengthen their resilience against the latest cybersecurity threats through cutting-edge technologies and organizational transformation. Connect with your NETFINE account manager to assess your current security needs and implement industry best practices seamlessly.
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