Why Senior Leaders Must Take Lead For Cybersecurity Across Businesses?

With the increase in technological advancement, being up to date with all the trends in technology is important for businesses to stay in the fast-paced race of today’s market. Along with upgrading systems, businesses need to pay very careful attention to their cyberspace which means enhancing cybersecurity.

Cybersecurity is extremely important to protect vital information and assets belonging to a particular business. This would require company leaders and senior executives to strategize and protect the company from the now frequently happening data breaches as well as cyber-attacks.

Cybersecurity Training CourseIn order to drive more informed investing procedures and resourcing methods along with increased efficiency and resilience, it is looked on to senior company officials to make good strategic decisions and protect the company from any threats. When we say senior executives it includes C-suite officials as well as policy-makers.

It is not a secret anymore but a well-known fact that in the digital frame that the world is functioning in today, cybersecurity should be among the top priorities for any and all businesses. However, a number of issues of both organizational as well as structural nature pose as obstacles for the establishment of cybersecurity models that are driven by business and that focus on risk management.

Hence, only a continued support shown by officials in the upper and top management positions of any organization would allow the decrease in cyber risks and increase in progress and growth.

What Would Incorporating Cybersecurity Mean for Senior Leaders?

In every organization or company, there are people at the top that are held accountable for making important decisions which would set the course and direction for the company to follow in. Their duties also involve holding ground on priorities, maintaining and influencing the company as well as preventing risks. They are thus basically responsible for the healthy functioning of the organization, company, business or establishment.

As mentioned above cybersecurity, in this fast-changing and fast-moving business environment, is the main concern for all organizations. Thus decisions taken regarding cybersecurity are left to the decision-makers of the company. Their duties now would include:

● Managing and decreasing cyber-related risks to the business while setting up effective methods of governance
● Making cybersecurity programs a priority and focusing on resourcing
● Managing and protecting vital information that holds the business together when it comes to planning
● Encouraging cybersecurity from within

This is all very important in order to promote organizational growth through the protection of digital assets and delicate data information. Executives at the top thus need to gain a better understanding of cybersecurity and this can be easily done through cybersecurity training which would help them understand what exactly can be a risk to their organization.

This understanding would in turn help in making rational decisions in a timely manner. It would also promote resourcefulness and strategic thinking.

A cybersecurity training course would thus also help further the artificial intelligence and machine learning career of aspirants by equipping them with all the necessary skills and information that they would need.

Thoughts on Cybersecurity in The COVID-19 Era!

It is not possible to name one sector that has not been affected by the Covid-19 epidemic. Around the world, sectors including cybersecurity have taken massive hits in how they perform. A clear sign of this is the growing number of cybersecurity cases involving online fraud, scams, and phishing.

Let’s take a brief look at how the Covid-19 outbreak has affected the world of cybersecurity.

Growing Number of Cyber Issues

Earlier in 2020, someone decided to sell the Statue of Unity online. Then there were attempts to dupe people who were trying to donate to the PM Cares fund. This was done by using fake UPI handles and extorting money from unsuspecting givers.

In India, cyber financial crime is not a new topic. But the uptick in the number of such cases is something to be noted. As more and more people quarantine themselves and try to work from home, there has been a rise in online transactions. Whether it is to pay phone bills or to buy essential groceries. This sudden shift to online transactions (more than what it was in the pre-covid era) has given rise to this uptick.

People around the world are in a state of desperation and anxiety, which fraudsters take advantage of. So, for many people, while transacting online, there is a lack of extra attention that they would have otherwise paid.

Government to the Rescue

Most of these cyber cases are a result of lack of caution on the part of the user. However, the government and its associated bodies are scrambling to further contain this increase in cyber attacks.

According to Medianama, the Indian central government has made sure that certain sectors get heightened security in this period. This is to prevent them from falling victims to online fraud or hijacking, which can further have a negative impact on normal life in the country.

These sectors are transport, government, telecom, financial services, power and energy, and strategic and public enterprises.

Combining Public and Private

The epidemic has also shifted the attention to the ongoing debate of public and private companies working together. Private organizations have the resources to help public companies prevent cyber abuse. This is in the form of VPNs and other advanced cyber machinery that can help weed out fraudsters from even entering a system.

As is known that small preventive steps can help avoid huge cyber disasters, naysayers are also finally accepting the idea of a possible collaboration between the public and the private.

Importance of Cyber Knowledge

One thing that has come to the centre of the discussion is that such situations reinforce the idea of how important basic cybersecurity knowledge is. It is up to each user to exercise caution while transacting online.

It can be as simple as setting different passwords across platforms, not responding to fake or fake-looking messages, and limiting the use of online payment methods. A bit of supervision in these activities can help avoid disasters.

Cybersecurity is one of the most vulnerable sectors in this age of corona virus. It is our collective responsibility to prevent it from harming the already-bleeding economy.

AI for IT Services Firms Backup Recovery And Cybersecurity

The coming of the Age of Artificial Intelligence is an apt way to describe how IT services like cyber-security, recovery of data and backup of data has been impacted by AI developments globally. Any event on cybersecurity throws up newer requirements in cyber-security and a bouquet of innovative solutions using artificial intelligence, cloud storage, and data recovery tools.
Virus detection is a challenge-area that about 29 percent of surveyed professionals look to AI for as per ESG research. Besides speedy discovery, 27 percent of the surveyed professionals in the security field look to AI to hasten the response time of reported incidents.AI is being touted as today’s technological marvel that can analyze huge volumes of code in very short time periods. This is rightly true and the mind-boggling speeds and analysis of data have made AI all pervasive and the panacea to almost all ills in the IT sector.
AI Vs ML:
The terms AI and ML are being used oft interchangeably. In reality, both are useful tools that differ in their thinking abilities. ML uses algorithms to detect breaches in security which restricts their use to think outside the set framework. On the other hand, AI does not need algorithms or any further data when it comes to terms with any issue. It arrives at an unassisted intelligent conclusion.Both AI and ML techniques are the focus areas of dealing with advances in cyber threats. These techniques when applied can transform the scenario from defence to early detection and quick response to cyber infections.
Areas, where ML makes a huge difference, are

  • In scouring huge data volumes across thousands on nodes looking for potential threats.
  • In firewall applications, gateways, and APIs where traffic patterns need to be analyzed.
  • In classifying data objects and governance of data
  • In access-control and authorization systems and practices using auto-generate policies, and analysis of the regulatory measure, rules etc
  • In detecting anomalies and setting baselines for user behavioural analysis and SIEM events of cybersecurity.

Hacker’s too can use ML and AI:

Alongside the new developments in AI, cyber-security, and ML there is a the all real possibility of hackers also using the same infection-detection technology and malware samples to advance the technology of cyber-threats. It is reasonable to predict that the very same techniques are used by hackers to create modified code-samples depending on the way AI detects infections. This then leads to a situation where the infections last longer and since the code is smaller it becomes near undetectable.

Storage challenges and Cybersecurity:

The feasible option for safe storage of data today is by backing data to a reliable disaster recovery cloud which enables rapid recovery of files while ensuring the data stays protected, safe and encrypted. The market has many technological options like Avast, CA Technologies secure, Keeper, etc that can help keep data copies out of reach by hackers and yet available on an easy-to-use platform.
In conclusion, the use of ML and AI can help resolve issues and challenges faced in cybersecurity, data recovery, and storage. The evolution of threats and detection techniques continue in tandem in a seemingly unending fashion where users and hackers are both looking to AL and ML for solutions.