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Cybersecurity myths that organizations need to look beyond in 2022

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In the last decade, there has been a significant shift in how businesses defend themselves against attacks. The security landscape has changed as a result of the hybrid working paradigm, rapid digitization, and an increase in the number connected devices in companies digital infrastructure, making CISOs’ responsibilities more difficult than ever.

To defend this perplexing environment, a new perspective is required, and what may have been true in the past may no longer be applicable. Is it still possible to handle the expiration dates of digital certificates in a spreadsheet? Is encryption referred to as “magic dust”? Is it true that humans are the weakest link in protection of Cyber assets?

1. Purchasing additional tools can help to improve cybersecurity defence.

One of the most common blunders organisations make is believing they need more tools and platforms to defend themselves. They believe they are safe once they have those instruments.

According to Ian McShane, Arctic Wolf’s field CTO, organisations are enticed to adopt solutions that are “touted as the silver bullet solution.” “This isn’t going to get you anywhere.”

Purchasing more tools like McAfee, quick Heal market has more pirated versions than original one’s, purchasing more tools does not always help security because they frequently have an operational problem rather than a tool problem.

They will go a long way toward addressing the continuously expanding threat landscape by prioritising and embracing security operations where they can make the most of their existing investments rather than always cycling through new vendors and new solutions.

2. Cyber insurance is a risk transfer solution.

In theory, cyber insurance allows businesses to avoid the financial consequences of a cyberattack. However, the situation is more complicated. The cost of a ransomware attack, for example, includes factors like irate customers and reputation harm in addition to the immediate financial impact.

“[Cyber insurance] should be a portion of your cyber resiliency strategy, but not the cornerstone,” argues Jeffrey J. Engle, president of Conquest Cyber. “Baseline criteria, exclusions, and premiums are increasing, while coverage is dwindling.”

3. Security equals compliance.

Being inspection-ready is one thing, but being combat-ready is another, “Many firms place too much emphasis on completing regulatory standards and not enough on being truly safe,” says ABS Group’s worldwide head of industrial cybersecurity.

He claims that checking all the compliance boxes is never adequate because compliance merely entails achieving the minimum requirements. “To reach an advanced stage of cyber maturity, a much more thorough and tailored approach is required,”

4. If everything is documented, you are in compliance.

Many businesses keep logs, but few properly analyse them. “You’ve failed to understand modern cyber threats if you’re not proactively reviewing logs and automatically hunting for known threats,” says Gunter Ollmann, CSO at Devo Technology. “You should print out the logs and burn them to heat up your corporate offices.”

The best logs are simple and structured, but contain enough information to aid researchers in their investigation of an incident. Instead of logging routine status checks or system checks, log designers should concentrate on changes and exceptions.

5. Anti-virus/anti-malware software is sufficient to keep your business safe.

Anti-virus/anti-malware Software alone cannot protect against all range cyber threats.

Anti-virus software is an important part of keeping your organisation secure, but it will not protect you from everything. No anti-virus or anti-malware software or Firewall can 100% guarantee that your systems are completely safe and secure from all types of cyberattacks. Now, if you’re scratching your head and wondering why you spent all that money on anti-virus software to protect your business, let me explain.

This is due to the fact that anti-virus and anti-malware software rely on a large database that contains information about all of the malware/viruses that exist. However, Cyber

attackers are becoming smarter and stealthier every day, We are seeing an unprecedented amount of Cyber exploitation tools & System vulnerabilities pop-up almost every day now, says Haresh Vataliya, CEO of vTech Solution, Inc., “it is extremely important for business to equip themselves with a holistic Cyber Security solution that can adapt and keep adapting to accommodate to this dynamically changing scenarios.

6. Don’t Trust Everything You Read

When it comes to cybersecurity, there is a lot of misinformation out there, and there are even more myths than what we’ve covered here. Hopefully, after reading this, you’ll be a little less vulnerable to them. Keep an eye on the weather and stay safe – the internet can be a dangerous place.

Looking for Unified All-inclusive Cybersecurity Solution?

With evolving cyberattacks, it is critical to have security as a top priority for businesses. vTech’s Managed Detection and Response (MDR) service is an enterprise grade end-to-end cybersecurity solution that focuses on a preventive security approach rather than traditional security methodologies.

We use industry-leading security technology, active threat hunting and in-depth threat analysis to secure our SLED, Government and commercial customers.

Hyperlink: https://vtechsolution.ca/security-and-compliance-3/

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