Vitality of Cyber Security

Familiarising With The Term Cyber Security 

Key cyber security trends to look out for in 2021 - Information Age

You must have heard of the word cyber security, making headlines in the news, internet, social media, IT forums, etc. However, has it ever occurred to you that what is cyber security or why does the security administrator of your organization keep on talking about the importance of cyber security?

Fundamentally, cyber security is the body of technology, process, and practice, designed to protect systems, networks, programs, and data from cyber risks like cyber attacks, damage, or unauthorized access. It is also referred to as information technology security. With cyber attacks evolving today as a danger to organizations, employees and customers, cyber security plays a very crucial role in prevention against such security threats.

As we have entered into this new decade, we can already see new challenges arising in cyber security since day one! It is no surprise to see that cyber security is constantly on a rise and there is a lot in store for the near future. Today, companies have become more technologically reliant than ever and the trend doesn’t seem to stop. Rather, it looks like this technological reliance will keep evolving in the long term.

Almost every organization nowadays, uses cloud storage services like Dropbox or Google Drive to store their confidential data and sensitive information. If not taken proper online security measures, this data present online can easily be exploited by cyber criminals.

Why is Cyber Security Important for Companies Today? 

The Importance and Scope of Cyber Security

Often some organizations take their data security lightly and as a result, they fall victim to cyber attacks. In fact, our companies are still not immune to these evolving cyber attacks. But thanks to these fast-developing technology standards today, cyber security has become a priority for every organization across the world.

Think you are secure online? Think again!

It is a serious matter of how cyber attacks are shaping in every form possible in order to stay one step ahead of the development in technology. Phishing, ransomware, cyber scams are some of the common yet highly dangerous cyber attacks that are designed with the motive to access and exploit the user’s sensitive data and extort money out of it.

Here are some more major reasons to understand why cyber security is important for companies:

  • Rise of Cyber Crimes

Be it a large scale or a small scale firm, hackers and cyber criminals spare no one. Rather, they lookout for opportunities to exploit data and get money out of these firms. Over the past year, the average cost of cyber crime for an organization has increased 23% more than last year—US$11.7 million, according to the report. Also, the average number of security breaches has risen significantly and it is now $3.86 million, as per the report. With the introduction of new technologies, the chances of cyber threats and risks are also rapidly increasing. Cyber criminals have advanced their attempts of deploying cyber attacks with the evolution of technology.

  • Growth of IoT Devices

With the mission to create smart cities with smart devices, our dependency to connect everything to the internet has increased too. The introduction of IoT technology i.e. Internet of Things, has not only simplified and speed up our tasks but has also created a pit of new vulnerabilities for hackers to exploit. No matter how advanced security measures we take,  cyber criminals will always stay one step ahead to attempt cyber crimes. If these internet-connected devices are not managed properly then they can provide a gateway to business to hackers or cyber criminals!

  • Bridge to Security Gap

Human resources and IT resources have always been one of the most important aspects of any organization. Regardless of their dependency on each other, there has always been a security gap between both aspects. In order to bridge this gap, it is important to provide individuals working in an organization with the right cyber security awareness training. Training for employees is necessary to bridge the gap of cyber security skills and to create a cyber-resilient working culture in the organization.

  • Cost of Cyber Risks 

Cyber attacks today are not only multiplying in numbers but are also multiplying in the cost of damage created. These cyber attacks can prove to be extremely expensive for any organization to endure if not taken proper security measures. With more business infrastructures connecting, it is predicted, cyber crime to cost the world $10.5 trillion annually by 2025, says the report. Besides, it is not just the financial damage that could cost but also the reputation of the firm along with loss of customer trust in the business.

  • Security of Data

When it comes to data security, it can be clearly seen how organizations are getting highly comfortable in keeping their information online. With the alarming number of data breaches and information leaks making news headlines almost every day, it can be seen how vulnerable the data left is online. Moreover, cyber attack vectors such as ransomware, phishing, cyber scams, risk of removable media, etc. leave no room for data exploitation and publicizing of any vulnerable data. Implementation of the right cyber security solutions is a must to avoid any future cyber risks related to the sensitive data of an organization.

How to Cyber Secure Your Organization in 2021?

The Importance of Cyber Security in Schools - Complete IT

Are you here to look for the best defensive system for your organization to combat cyber attacks? Well, the only thing that is important for your organization in 2021 is a strong cyber security system along with the best cyber defense practices to reduce the cyber threat posture of your organization.

Solely relying on anti-virus software will not stop cyber criminals from accessing your business. But educating employees in making smart cyber defensive choices can definitely reduce the chances of cyber risks!

Moreover, it doesn’t require a specialist to teach employees about cyber defense and cyber security awareness. There are advanced technology-based tools available today to help and guide employees in recognizing and combating cyber threats before they infiltrate networks and systems.

The web and network attackers are constantly striving to undermine the security system of the company’s IT infrastructure today with the intention of stealing the confidential data. Thus, making it more challenging for organizations to stay cyber secure.

Organizations are required to equip themselves to prepare for tight security measures and best cyber security solutions like security risk assessment tools, anti-phishing, and fraud monitoring tools to look for vulnerabilities and to track your brand online. Always remember that an ounce of prevention is worth a pound of cure!

Online Brand Protection: Detection, Inspection, and Destruction

The Top Questions We Get Asked About Brand Protection - The Search Monitor

Is Your Brand Secure Online?

It takes decade building a trusted brand that is vibrant and customer engaging. As a trusted online brand, your customers expect you to secure their private information and go over-and-beyond in defending them from becoming targets of cyber crooks.

In this era of a developing digital age, brand owners are at a huge risk of falling victim to a multitude of online threats. It takes only a mere moment of negligence and online fraud to leave a brand devastated from its reputation.

Brand protection – how to keep your business safe online

If this wasn’t obvious enough, the internet has already become a new arena for brand-related crimes such as identity thefts, virtual crimes, and data hacks. Over 150 brands are hijacked because of phishing attacks, every month. Cybersquatting crimes alone cost over $1 million annually to the brand companies.

Building and maintaining social media accounts, websites, and email campaigns for targeting prospects and clients is highly important to promote a business and a brand on an online platform. These things are highly essential, but they also make brands vulnerable and open to the prevailing cyberattacks.

There are miscellaneous ways to fall victim to unethical online practices and tools that not only affect the brand image but the entire organization. Online brand abuse, brand counterfeiting, cybersquatting, and cyber threat activities are needed to be combated with the right investigation and proper brand monitoring tool to prevent the loss of revenue, secure brand reputation and maintain customer trust.

Time for Online Brand Protection

 

Top 5 Brand Protection Strategies for 2015 - Fourth Source

With innovation and advancement in technologies, there should be proper strategies for domain and brand protection online. Every organization should be vigilant towards the online security of its brand and must make sure that their brand is not being used as a vehicle of impersonation and fraudulent messages.

Cyber fraud comes in an ever-evolving array of various forms. From phishing websites, brand impersonation to identity theft, many comprehensive cybercrimes can cause serious financial loss to an organization.

Brand protection online is critical and it goes beyond setting up firewalls or antivirus software. It requires having employees who are aware of the existing cybersecurity threats and are proactive towards the impending cyberattacks. Along with that, it includes the proactive scanning of public domains and Dark Web servers to identify any evidence of brand counterfeiting.

The main role of online brand protection is to find and shut down fake social media profiles or websites that use your company’s logo or message people in your brand name to steal login credentials and access to your secure networks.

Top 3 Online Brand Protection Solutions

With the help of the right tools in the right place, protect your brand online along with your digital assets against brand infringements. Here are some simple tips and brand protection solutions that an organization must implement and follow:

Website SSL

The benefits of having SSL certificate on WordPress Website

Website Secure Sockets Layer (SSL) is a security standard that creates an encrypted link between the web server and browser or a mail server and mail client. With website SSL, customers can more easily determine whether they have landed on your legitimate and official website or not. Websites that hold private data must have this implemented so that customers are aware of the information that is processed through that site is encrypted and authenticated.

Brand Monitoring  

How to Apply Employee Monitoring Without Compromising Workplace Culture | SoftActivity

Make sure that no negative publicity of your brand is existing on the web and is not leaving a wrong impact on your customers. Proactive brand monitoring on the web is a smart way to identify and check the fraudulent cyber activities taking place against your brand.

Take Down of Phishing Websites

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According to Webroot, around 1.5 million phishing websites are created every month. Brands on an online platform need to stay protected from cyber fraudulent activities like brand infringement and phishing websites/mobile applications.

2021’s Top Email Security Practices

Best 5 Steps to Enhanced Email Security | Improve Email Security

Why is Email Security Important?

Whether exchanging emails across networks or dumping them in your spam folder, a huge amount of data is sent, received and stored. You may not realize but there are high chances that an unsecured email might have landed in your inbox which can act as a source of data exploitation. Now you wouldn’t want that, would you? That’s why email security is very essential for our daily routine in order to keep a check if any malicious email is accessing our inbox or not. The cybersecurity professionals working in every industry vertical must stay updated with the prevailing attacks possible through emails.

Europe's cybersecurity finest failing on email security basics - IT Security Guru

According to ComputerWeekly.com, 82% of organizations claimed to have faced email-based cybersecurity threats in 2018. Whereas, ransomware seems to be the biggest cyber threat in the coming year. The reason being, ransomware attacks that encrypt critical business files and demand for ransom in return are often sent to individuals working in organizations by emails only!

These eye-opening facts call for proper email protection solutions that are needed to be implemented in every organization as a defensive system against invading cyber threats. As far as cybersecurity is concerned, the best solution is using email security tools that incorporate a wide range of security techniques that email accounts and services have. Proceed further for the top 5 email security practices that can benefit your organization from email-based cyber risks.

The 4 Types of Email Security Practices 

  • Never click the “unsubscribe” link in spam emails:

5 things you should know about email unsubscribe links before you click – Naked Security

At times, certain emails manage to surpass the spam filter and land in your inbox. For instance, you come across one such certain email and on opening it, you discover that it looks like a phishing email. What would be your first instinct? In any normal situation, users tend to unsubscribe suspicious-looking emails but that is not actually safe!

Hackers are good manipulators and they use such links to fool people into clicking attachment which redirects the targeted users to a phishing site. Apart from that, these links also provide hackers with a back door for access into your system.

  • Avoid Public WiFi:

Public WiFi Risks and How to Avoid Them - Free WiFi Hotspot - Best Free WiFi Hotspot Creator to Share Network

Never access emails from a public WiFi because they are less secure and hackers choose public WiFi to steal information by passing through a weak network. Cybercriminals require nothing but a laptop and basic software to hack into public WiFi networks and monitor all the traffic. Accessing emails via unsecured public networks can lead to misuse of user’s credentials and a huge loss of sensitive data. This could also result in further intended targeted cyberattacks that are down the line.

  • Email Encryption:

How Do I Encrypt an Email & Send It Through Gmail or Outlook?

Disguising and encrypting email content potentially protects the sensitive data that is sent and received, from being read by anyone except the intended recipient. With email encryption, you can secure your emails over untrusted networks from eavesdroppers or any third person trying to invade in between the email exchange. This security strategy reduces the chance of disclosure of information as well as alter of message content.

  • Employee Education:

5 Things Every Full-Time Employee Should Consider About Education

Limit the chances of cyber risks in your organization by providing employees with cybersecurity awareness training tools. Along with the implementation of policies and email security tools to prevent cyber threat postures, it is essential to encourage employees to become proactive in combating attack vectors like ransomware, phishing emails, and cyber scams. Security awareness tools is an AI/ML-based security attack simulation tool that assesses the real-time threat posture of an organization. With the unlimited number of attack campaigns and automated training campaigns, this product builds cyber awareness among the employees in an organization and creates a resilient working environment.

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Implementing and working on the above-mentioned email protection solutions will not only keep your data safe but will also be beneficial in the long term. In order to protect your business, it is important to make sure that all your employees are empowered to make email based decisions and are protected from data thefts.

Hackers are everywhere nowadays and they won’t stop holding back from discovering vulnerabilities and exploiting your data. Secure your organization now with a robust email security tool in order to reduce the chances of becoming a victim of the prevailing cyber threats.

India’s 2020 Cybersecurity master plan

Top Cybersecurity Challenges 2021 - Solve Data Protection Issues

The Current Cybersecurity Challenges in India

Every year, the industry of cybersecurity in India faces new challenges and responsibilities to safeguard the growing online data and the digital economy. Did you know the digital economy currently comprises 14-15% of the total economy of India? While with more than 120 recognized ‘data centers’ and clouds in India, the digital economy is targeted to reach 20% by the year 2024!

Moreover, the incorporation of artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), cloud computing and data analytics, has again become a huge challenge for the cyberspace as apart from becoming a more complex domain, it is giving rise to technical issues and the anticipated cyber risks.

Cybersecurity looks to the cloud to protect data at sea

However, with the development and introduction of advanced technologies in the market, India is yet to face and tackle new problems in the domain of cybersecurity. This disruptive innovation has brought India to crossroads with a complex network of modern enigmas and unprecedented harm.

Below mentioned are some of the major cybersecurity challenges that our nation is facing:

  1. Email-based and internet-facing applications still remain to be among the top threat vectors.

  2. With people depending more and more on the cloud infrastructure and solutions, human error continues to be the primary source of misconfigurations and vulnerabilities.

  3. In the research analysis of 50,000 emails, a significant increase in the conversation hijacking attacks by 400% between July and November 2019 was experienced. Therefore, this still continues to be a major cyber risk

  4. Growing online transactions seems to have generated considerable incentives for cybercriminals.

  5. Phishing and unethical cyber practices have grown a hundredfold in the past few years, making it easier for even non-technical perform hacking.

  6. Cloud, 5G and IoT devices have evolved as among the biggest cybersecurity threats of 2020.

The New Cybersecurity Approach for 2020

Back in late 2019, India was at the target of two cyberattacks in the same month. Moreover, the malware attacks at the Indian Space Research Organization (ISRO) and Kudankulam Nuclear Power Plant were believed to have happened due to phishing attempts on employees. After experiencing these devastating cyber risks, India is all set to fill the security gaps with the new Cybersecurity Strategy 2020!

With the vision of creating a “cyber-secure nation” for businesses as well as individuals, the Indian government is ready to release the cybersecurity strategy policy in January 2020 with an aim to achieve the target of $5 trillion economy.

Cybersecurity

Meanwhile, on the other hand, the IT Secretary Ajay Prakash Sawhney has stated that our country holds an estimated amount of USD 1.9 billion in cybersecurity service enterprises and USD 450 million of cybersecurity products from India. Along with the presence of multinational and Indian entities, engaging in R&D cybersecurity, all in total currently amounts to USD 5 billion worth cybersecurity ecosystem in India. (source: The Economics Time)

The cybersecurity companies in India have come up with innovative and leading technology-based products and services to reduce the prevailing cyber threat postures in organizations across the nation. As a contribution to creating a “cyber-secure nation”, these companies are effortlessly providing the best defensive tools and VAPT services for all the industry vectors.

Cybersecurity Advice: Focus on Threat Detection and Response – Parallel Technologies, Inc.

Our country is fully inclined towards the path of sustainable development but to achieve that, we have to combat various hurdles such as patching up of the existing vulnerabilities in the cyber world. And this can only happen with the proper formation of critical IT infrastructure and consistent partnership between the public and private sectors working as key aspects for a cybersecurity framework.

Your Single Source for Cybersecurity Resources | SoftwareONE

It is vital to be visionary and recognize the upcoming challenges from the future in order to be fully prepared and preventing our organizations from becoming another cyberattack’s victims. We don’t have to match the worldwide standards in security when we are capable enough of setting up the highest standards in the world!

Benefits of Cloud Infrastructure Security

How is Cloud Infrastructure Security Important for an Organization?

Embracing new technologies lead to qualitative growth but simultaneously holds high chances of quantitative data breaches. While adopting cloud technology, it is important to see the security of cloud infrastructure as one of the crucial responsibilities. There are various organizations out there that are still unsure of the security of their data present in the cloud environment.

Importance of Cloud Computing for Large Scale IoT Solutions

In 2019, Collection #1, a massive data breach held responsible for compromising data set of over 770 million unique email addresses and 21 million unique passwords. The collection of data files was stored on a cloud storage service and MEGA. Similarly, information of over 108 million bets’ records was leaked by an online casino group. The leaked data included details of customers’ personal information along with deposits and withdrawals. 

Following in the same year, a famous food delivery service providing firm was breached, compromising the data of 4.9 million users which included consumers as well as delivery employees. According to SC Media, 2019 has been the year of the highest number of data breaches and this amount of growth rate has never been witnessed before. 

These infamous data breaches are proof that storage service providers like Cloud requires consistent security management. When we talk about the security of cloud infrastructure, many enterprises wrongly assume that their data is well guarded and is far away from the radar of cyber criminals. The truth is, these cyber criminals are experts at scraping up the exposed vulnerable data by using unethical ways to look for unsecured databases.

For starters, the term cloud computing infrastructure security refers to the entire infrastructure of cloud computing which involves a wide set of policies, applications, technologies. It also includes controls that are used to protect virtualized IP, services, applications and data.

Scaling enterprise IoT solutions using edge computing and the cloud | Deloitte Insights

With companies migrating their large amount of data and infrastructure to the cloud, the importance of cloud infrastructure security becomes paramount. Cloud security offers multiple levels of control to provide continuity and protection in a network infrastructure. It is a highly essential element in creating a resilient environment that works for companies all over the world.

Enjoy the benefits of infrastructure security in the cloud by partnering with leading technology-based private cloud computing security service providers in order to keep the security of the company smooth running.

Here are the five major benefits of cloud infrastructure security solutions:

  • Data Security

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Nowadays, cloud computing servers are becoming gullible to data breaches. Cloud infrastructure security solutions help in ensuring that data like sensitive information and transaction is protected. This also helps in preventing the third party from tampering with the data being transmitted.

  • DDoS Protection 

DDoS Detection & Mitigation: Thunder TPS | A10 Networks

Distributed denial of service aka DDoS attacks are infamously rising and are deployed to flood the computer system with requests. As a result, the website slows down to load to a level where it starts crashing when the number of requests exceeds the limit of handling. To reduce the attempts of DDoS attacks, cloud computing security provides solutions that focus on the measures to stop bulk traffic that targets the company’s cloud servers.

  • Constant Support 

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When it comes to the best practices of cloud infrastructure security solutions, it offers consistent support and high availability to support the company’s assets. Users get to enjoy the benefit of 27/7 live monitoring all year-round. This live monitoring and constant support offer to secure data effortlessly.

  • Threat Detection

Threat Detection and Response: How to Stay Ahead of Advanced Threats.

Infrastructure security in the cloud offers advanced threat detection strategies such as endpoint scanning techniques for threats at the device level. The endpoint scanning enhances the security of devices that are accessing your network.

  • Supervision of Compliance

Compliance Supervision - FinTech Legal Center

In order to protect data, the entire infrastructure requires to be working under complaint regulations. Complaint secured cloud computing infrastructure helps in maintaining and managing the safety features of the cloud storage.

The above-mentioned points are clear enough to state how beneficial and vital is cloud infrastructure security for an organization. There are very many high-profile cases that have been witnessed in past years relating to data breaches.

To overcome the loopholes present in the infrastructure security in the cloud, it is extremely important to keep the security of cloud storage services as a high priority. Engage with the top-class cloud computing security tools to get better results and have the data secured.

Rising Web Application Attacks in India: A Concern

Web application attacks rise to account for almost half of all data breaches | The Daily Swig

Accelerating rate of cyber-attacks is no more an unfamiliar situation for us. Web application based cyber attacks are the most common. Akamai Technologies , a content delivery network, released a report in 2017 for quarter 3 which mentioned India at 7th position in the list of top 10 targeted nations for web application attack.

As per recent figures, i.e. for the data from 8th Nov 2018 to 15th Nov, 2018, India still continues to be among top 10 marked nations for web application based attacks.

Countries Attacks
Russia Federation 18,754,282
United States 15,512,265
Ukraine 5,176,643
Netherlands 3,606,021
India 2,724,440
Canada 2,101,396
Sweden 1,896,300
Germany 1,845,175
Bulgaria 1,538,136
United Kingdom 1,455,023

Source: Akamai Technologies State of the Internet Report

As per World Bank, the number of secured servers in India is 10,350 which, when put against 500 million internet users, is a clear indication of the need for better and secure infrastructure to be able to support the data surge.

The State of Web Application Vulnerabilities in 2017 | Imperva

Even at the earliest attempt, it will take a few years to remedy this problem. And still, it won’t guarantee an organizations’ safety. According to recent research, 75% of cyber attacks are web application based. Improper coding can stem serious concerns in web applications security. Such vulnerabilities allow attackers to gain direct access to servers to extract sensitive data from the database. In a framework where hackers have access to such sensitive data; with a bout of creativity and some human error, any web application can be susceptible to web attacks.

Preventing Web/Application Attack by Security Audit | Gsecurelabs

A web application can be secured by performing a vulnerability assessment and penetrating testing.  , Anteelo is an end-to-end cyber security firm provides a complete suite of manual and automated VAPT services.

 

Workplace importance of Cyber Security Awareness

For every organization, it is always necessary to maintain proper cyber hygiene. It is also vital for companies to remind their employees of the ongoing danger of cyber violations. Employees unintentionally cause data breaches because of cyber security unawareness which further results in increasing cyber risks. This year, due to the Covid-19 pandemic, cyber risks have increased many folds. These rising risks can be attributed to the companies’ resorting to the work-from-home (WFH) policy. Cyber security experts have warned that it is high time to prioritize security awareness training during this Cyber Security Awareness Month. Security awareness training not only prevents workers from placing the company at risk but also makes them the first line of cyber defence the organization.

8 Ways to Encourage Cyber Security Awareness - Delta Risk

The Importance of National Cyber Security Awareness Month

The world began to realize in October 2004 that cyber security is becoming a never-ending issue. Although it had been established in 2004 to raise cyber security awareness, it became a critical part of our life. This is how Cyber Security Awareness Month came into existence.

Every day millions of online users are hacked and their data is stolen from their devices. They are unaware of how to properly protect their web-equipped computers, so the National Cyber Security Association (NCSA) is helping to raise awareness on this issue.

Every year the NCSA tracks threats to the cyber security of America. The non-profit association pays attention to all aspects of vulnerabilities, from big public offices to individual home users. Anyone on the Web needs to learn how they can comfortably enjoy their cyber experience maintaining online safety.

The NCSA helps to raise understanding and awareness during Cyber Security Awareness Month, through brochures and blogs to workshops and security awareness training programs.

RH-ISAC | RH-ISAC Announces Commitment to Global Efforts Supporting and Promoting Online Safety and Privacy for Cybersecurity Awareness Month - RH-ISAC

Six Plan of Actions for the Cyber Security Awareness Practices

1) Building Constructive Attitude among Employees: It is of utmost importance to create a strong, constructive attitude towards cyber resilience among employees. Use stories to allow people to see how cyber security integrates with their lives. Encourage uplifting stories that enable people to take control of digital lives, work, and home, and to enjoy humor. Why is it so important? Because happy people will hear what you have to say more often! Use them all year round and get more involved in the role of cyber security in their lives.

2) Start Interaction between IT and Employees: 75% of employees claim that they either generally or nearly always obey their IT department’s advice. IT teams just have to make sure that they consistently provide these directions to start interaction between the IT department and employees.

3) Personnel Investment in Addition to Products: Businesses need to make efforts to flexibly and continuously improve the cyber knowledge of their employees. Therefore, organizations should invest in their personnel apart from brand promotion and product manufacturing.

4) Concentrate on Reducing the Threat and Making Training Fun: Sessions of educating the employees must be amusing. Customize preparation and integrate team humor in the cyber security awareness content. Lessons must be related to the individual life of the trainees. Using personal home safety and privacy examples can be related to their day-to-day office work and organization.

5) Customize Roles Specific Training: Each employee should be equipped with the know-how and skills required to recognize specific roles and react appropriately. In an organization, there are different roles of employees, department-wise. Therefore, customizing role-specific training will help to build robust threat intelligence against emerging and common cyber threats.

6) Make Cyber Awareness Practical and Accurate: Management must take up and protect the value of cyber security by direct communication with staff. When talking about the WFH policy, as an organization you must ensure that workers know how their behavior at home can also have an effect on the business. Explain the point of view of hackers. How can a person be a target? Which information may be of use to an intruder on social media accounts or other information that is accessible? What effect does it have on the organization or mission? Be specific to businesses, staff,, or the community regarding their safety impacts.

The Next Big Cybersecurity Wave? – IoT in India

The Current Impact of IoT in India

How IoT Can Fast Track the 'Make in India' Initiative

The introduction of IoT in India has brought the next level industrial revolution in the country. Besides in the new “Digital India” program launched by Prime Minister Narendra Modi, IoT plays a prominent part in the contribution. With a vision to create $15 billion of the IoT industry by 2020, the government has drafted a strategic roadmap to bring India on the global IoT map.

But before we discuss the impact of IoT in India, it is important to understand what this term exactly means. More often we get to hear new jargon like AI(Artificial Intelligence)ML (Machine Learning)Big DataCloud computingBlockchain,etc. with the evolution of technology. Similar to these technical buzzwords is the term IoT also known as Internet of Things.

Internet of Things or IoT is basically the extension of internet connectivity into physical devices and day to day objects. In vague terms, IoT empowers “smart” devices for sending and receiving information. The IoT devices are mainly smart watches, smart health wear gadgets, smart home appliances, voice assistant devices, etc. These IoT devices are embedded with electronics, internet connectivity, and other kinds of hardware. The devices communicate and interact through the internet and are easily remotely monitored or controlled.

Getting back to the subject, as per ET CIO, “the IoT market in India will make at least $15 billion by 2020”. It accounts for nearly 5% of the total global market. Also, the usage of IoT devices in India has shown a significant increase from approximately 200 million units in 2016 to 2.7 billion units by this year.

The IoT devices generate data that fuels innovation not only in solutions that are targeted at end-users but also in manufacturing processes and creating new business models. Whereas, according to the NASSCOM report, IoT adoption in India is expected to keep the country in lead. In fact, the IoT industry is already imminent to rejig the Indian manufacturing industrial landscape.

What are the IoT Trends in India for the Year 2020?

IoT in India - The Next Big Wave | NASSCOM

With the potential to enhance the connectivity of everything everywhere, the Internet of Things (IoT) has brought a massive change in the manner of doing things. Currently, India has a landscape of 120 IoT firms! These firms hold required technical skills, driving the IoT revolution and making India one of the key countries poised to implement large scale IoT projects.

Ever since the technology of IoT in India has been introduced, the nation has already started working on the latest upcoming trends. Here are the top IoT trends in India for the year 2020:

  • Smart Factories

The journey to create the fourth industrial revolution also known as Industry 4.0 is the project for developing smart factories that are agile and autonomous in nature. These digitally-enabled smart factories will be optimizing resources for manufacturing to provide high-quality output.

  • Smart Homes, Smarter Grids

The IoT adoption in India is massively going to be effective in the utility management processes for electricity, water, gas, and sewerage. Further, the trend of smart homes with smart grids will improve the applicability of infrastructure and will help in the efficient management of resources.

  • Data-Driven Healthcare Sector

One of the best IoT trends in India for 2020 is bringing advancement in the healthcare sector. With the help of the latest IoT trends, the service providers and hospitals in India can easily get access to real-time data. This would further help in mitigating the risk of diseases and in remotely monitoring patients.

  • Artificial Intelligence (AI) with IoT

This trend will continue to grow higher in 2020 and the nation will witness a lot of positive development in this platform. The AI techniques will be used in analyzing the huge bulk of information collected through IoT devices. The amalgamation of AI, Big Data and IoT will surely pave a way of the next generation experience for end-users.

Apart from these top four IoT trends in India for 2020, the Indian industries are also experiencing growth of segments like connected building and homes, smart lifestyles, etc. which are quite recent concepts.

IoT Technology in India – Data Security Council of India (DSCI) Blog

Will IoT Adoption in India Lead to the Growth of Cyber Risks Too?

 

No matter how far the evolution of technology takes place, a hacker’s mindset will always remain the same. The loop of attempting cyber attack goes on with identifying weaknesses in the network or a system, exploiting vulnerabilities and repeat! Whereas now, since the advanced connected devices are being introduced, a new addition to the cyber attack surface has further expanded.

These IoT technology-based smart devices like home security sensors, wireless applications, smart grids, etc., offer more options to access points than ever before. These sensors and smart devices present great opportunities for hackers to find vulnerability or loopholes.

Although the developing landscape of IoT has made it easier and faster to carry out day to day activities, it is important to make sure that no cyber risk is prevailing in the back door. And when we talk about cyber risks associated with the IoT, security and privacy could be considered as one of the most critical issues.

With the emergence of 5G technology, the IoT devices will become more empowered to collect, store and share data across other platforms. Due to lack of right security and privacy measures, the generated data can be left open for identity theft or misuse of personal information. Also, insufficient security risk assessment tools and irregular IoT security testing of devices is another major challenge to deal with.

As for organizations that have adopted the latest IoT trends, it is essential for them to identify and understand the vulnerabilities existing in the connected devices and systems. These vulnerabilities may turn into severe cyber threat postures for the entire IT infra of the organization if not patched from time to time.

The year 2020 is undoubtedly going to have leaps in innovation along with unpredictable data breaches and cyber attacks. As our responsibility towards cybersecurity it is important to ensure that our devices are hard to access and do not fall victim to cyber threat actors. For this, organizations must implement security awareness training for their employees and help them in navigating IoT operations in order to secure the network and data of the company.

Implementation of IoT devices can be all fun and games unless you realize how vulnerable the latest technology can leave the cybersecurity of your organization. Remember, prevention is better than cure, do not wait for a devastating cyber attack to take place. Now is the right time to step up for proper cybersecurity measures and make IoT work fruitful for you with the right IoT security testing.

 

Reducing risk in digital transformation of Organizations

How to reduce risk in your digital transformation projects

Digital transformation and enterprise risk management can be thought of as parallel highways. That’s because any transformation effort will introduce new risks and change to the organization’s overall security posture. As organizations continue their digital transformations, the transformation of security and risk management must be an integral part of that journey. Organizations must integrate security and risk management into DevOps and Continuous Delivery (CD) processes. The ultimate goal is to have resilient systems that can not only withstand cyber attacks, but also carry out mission-critical business operations after an attack succeeds.

Taking the analogy further, imagine that each of these highways has three lanes: one for people, another for process, and a third for technology.

People in an organization form its culture. For digital transformation to succeed, many organizations will need to transform the culture around risk. That might include inculcating respect for personal information, and organizations consciously building digital services with privacy in mind. The workforce needs to be adept in using digital tools such as cloud, APIs, big data and machine learning to automate and orchestrate the management of a digital security threat response.

Process relates to how an organization overhauls its business processes to be agile and yet secure at the same time. This might involve moving from ITIL behaviour to DevOps or other proactive operational approaches. Prevention is important, but the ability to respond to manage digital threats is much more relevant, as this proactive behavior coincides with DevOps principles.

Technology can present new risks, but can also help address risk. Many top technology companies, for example, are using technologies to automate processes in a way that’s secure. Some common best practices include building loosely-coupled components wherever possible on a stateless/shared-nothing architecture, using machine learning to spot anomalies quickly, and using APIs pervasively to orchestrate the security management of digital entities in a scalable manner.

Three paths — people, process and technology — are changing how enterprises reduce risk.

From a CIO’s perspective, each new digital entity and interaction adds risk: Who is this user? Is this device authorized? What levels of access should be allowed? Which data is being accessed?

Leading organizations will securely identify these users, devices and other entities — including software functions and internet of things (IoT) endpoints — and they’ll do so end-to-end in an environment where services are widely distributed.

Building A Cyber-Resilient Culture

Activating leadership to build cyber resiliency | Accenture

No enterprise is completely immune to cyber security attacks. Instead of focusing solely on preventing attacks, organizations should ensure they are able to respond quickly, recover and maintain operations. In other words, they should become cyber resilient.

Cyber resiliency requires establishing policies and processes that help an organization to survive and continue to execute its long-term strategy in the face of evolving security threats. Cyber resiliency should be part of a holistic approach to security that takes all aspects of the business into consideration, from employees and partners to the board of directors. Improving security is not a one-time project, but instead is a program of continuous improvement.

To become cyber resilient, enterprises must strike a balance between these three actions: protecting critical assets, detecting compromises and responding to incidents. Making the IT landscape cyber resilient requires investments in infrastructure, design and development of systems, applications and networks. At the same time, organizations must create and foster a resilience-conscious culture, of which security is an essential part.

How to build Cyber Resilience in your enterprise? - Estuate

An enterprise cyber resilience strategy includes three main components:

  1. Adapt business and IT systems to next-generation threatsEnterprises must prepare for global malware and ransomware attacks, as well as more subtle attacks, where the adversary lurks inside the network. Begin by defining your enterprise security architecture to address prioritized risks. Get a fresh baseline of your current security stance. For example, find out how your enterprise would recover from ransomware if multiple sites, the Active Directory, and backup platforms were to become encrypted. Evaluate critical applications and their dependencies on infrastructure; then define a communications and command structure to ensure business continuity.
  2. Update your security governance strategy. Governance is essential to successful security planning and key to attaining cyber resiliency. To ensure that your strategy measures up, incorporate strategies for protection, detection and response. Update and test business continuity and crisis management plans to cover new models of sourcing. Expand crisis management requirements to include all partners and suppliers. Make board members aware of cyber risks and the steps to effective cyber resiliency. Review and refine older access and software-patching policies and consider adopting role-based access control (RBAC) to more efficiently regulate access to computer and network resources.
  3. Create a resilience-conscious culture. Encourage all employees — not just the cybersecurity team — to adopt a cyber resilient mindset. Stress that employees are the first line of defense when it comes to threats such as phishing and malware. Promote collaboration across teams with pertinent information about security and threats. Coach employees to share knowledge with appropriate authorities and peers both within and outside of the enterprise.

Keep looking ahead

New threats are emerging as organizations adopt new technologies as part of ongoing digital transformation. Enterprises must be prepared and properly staffed to address these challenges:

Smart Yet Flawed: IoT Device Vulnerabilities Explained - Security News

  • Internet of things (IoT) vulnerabilities. Consider system cyber and physical security requirements and resilience before widely deploying and depending on IoT systems. Use IoT gateways and edge devices to segregate and provide layers of protection between insecure devices and the internet to help manage the overall lack of IoT security.

Solutions for Enterprise - Antier Solutions

  • Blockchain complexities. Blockchain technology, by its nature, is distributed and resilient. But blockchain moves transactions toward a decentralized model, making it essential to control private cryptography keys. When embedding security into blockchain transactions, use role-based authentication and end-to-end encryption to properly protect data.

Day-in-the-life of an SOC Analyst: An Inside Look | Springboard Blog

  • Lack of Security Operations Centers (SOCs) resources. Examine the important role SOCs play in bringing together the resources needed to direct the defense. Define what constitutes suspicious activity, identify vulnerabilities, configure detection technologies, search for and validate active threats and ultimately notify affected parties. SOCs must manage and monitor identities, as well as ensure compliance with policies and regulatory requirements.

Some thoughts about “Shift Left” security in DevSecOps | Andrea Fortuna

  • Transition to DevSecOps. Consider adopting a comprehensive DevSecOps model that incorporates review and governance and supports faster release schedules and innovation. Determine whether your organization can commit to the requirements necessary for success, which include changing to a culture of collaboration, building security throughout the development life cycle and evaluating technical and business risks.

Achieving cyber resiliency should be a modular transformation that evolves from a well-defined strategy to a project roadmap. Make sure you define a strategic direction aligned with business objectives, outline a plan to achieve that direction, and ensure proper execution of that plan, including decision making based on risk management.

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