The quest for data security is not a binary pursuit but a dynamic and continuous process, says Mohit Srivastava, CISO at Perfios Software Solutions Private Limited

0
745
The quest for data security is not a binary pursuit but a dynamic and continuous process, says Mohit Srivastava, CISO at Perfios Software Solutions Private Limited
The quest for data security is not a binary pursuit but a dynamic and continuous process, says Mohit Srivastava, CISO at Perfios Software Solutions Private Limited

This shift towards zero trust is an acknowledgment that traditional perimeter-based security is no longer sufficient in an era of increasingly sophisticated threats.

This is an exclusive interview series conducted by the Editor Team of CIO News with Mohit Srivastava, CISO at Perfios Software Solutions Private Limited

Can organisations secure their data from a catastrophic breach?

In the ever-evolving world of cybersecurity, there is no one-size-fits-all solution, no silver bullet that guarantees absolute protection against a catastrophic data breach. The question of whether an organisation can truly secure its data from such an eventuality doesn’t have a definitive yes-or-no answer. Rather, data security is a multi-faceted challenge that relies on a delicate balance of people, processes, and technology.

A Triad of Security

Data security transcends mere technological prowess; it is, in fact, the culmination of three equally essential pillars: people, processes, and technology. Each pillar carries its weight, and the effectiveness of an organisation’s security posture is only as strong as the weakest link within this triad.

  1. People: The Human Factor

Technology alone cannot ensure the safety of sensitive data. It’s the people behind the technology—your employees—who play a pivotal role in safeguarding information. Their awareness, training, and vigilance are the first line of defence against cyber threats. Without a team of well-informed and security-conscious individuals, even the most advanced cybersecurity systems can falter.

  1. Processes: The Soul of Security

Robust processes are the second pillar of data security. These are the procedures and protocols that govern how data is handled, accessed, and protected within an organization. Without well-defined processes in place, technology can become a blunt instrument, lacking the finesse needed to thwart sophisticated cyberattacks. Processes are the glue that holds the security ecosystem together, ensuring that every action taken aligns with security objectives.

  1. Technology: The Enabler

Technology, the third pillar, is the enabler of data security. It encompasses firewalls, encryption, intrusion detection systems, and all the tools that fortify the digital fortress. However, technology alone cannot guarantee safety. It requires vigilant oversight, maintenance, and continual adaptation to evolving threats. Moreover, technology must be aligned with both the people and processes within an organisation to be truly effective.

True data security is achieved when these three pillars—people, processes, and technology—work in harmony. Organisations that invest in employee training, establish robust processes, and employ state-of-the-art cybersecurity technology are on the path to fortifying their data defences.

When all three elements are in sync, there is a significantly higher probability of shielding data from a catastrophic breach. It’s not about chasing elusive guarantees of absolute security; it’s about building a resilient security posture that can detect, respond to, and recover from threats in a way that minimises damage and disruption.

The quest for data security is not a binary pursuit but a dynamic and continuous process. While there may be no silver bullets, organisations that understand the interdependence of people, processes, and technology are better equipped to navigate the complex cybersecurity landscape. By acknowledging the equal importance of these three pillars, organisations can proactively enhance their data security, reducing the risk of a catastrophic breach to a minimum.

What are the trends of data privacy organisations must follow in 2024?

In today’s rapidly evolving business landscape, privacy has emerged as a pivotal factor in enabling business growth. Privacy considerations no longer solely concern external stakeholders; they now hold equal sway over internal parties, including employees, ex-employees, and vendors. The digital age has ushered in an era where safeguarding digital identities is paramount and the prevention of their misuse is non-negotiable. In a world dominated by technology, preserving individual autonomy has never been more critical. Here, we explore some forthcoming trends poised to shape the future of privacy.

AI with privacy at its core

Artificial intelligence (AI) and machine learning have permeated nearly every facet of modern business operations. AI-driven tools are invaluable for assessing business productivity, but they also pose a potent risk by tracking user behaviour and potentially misusing personal data. To navigate this complex landscape, organisations must implement robust governance measures to ensure that AI adoption aligns seamlessly with privacy objectives. Striking the right balance between AI-driven insights and individual privacy is paramount in an era where the boundaries of data privacy are blurred.

  1. Privacy Enhancing Computations (PEC)

AI may occasionally be dubbed a “necessary evil,” but it is an indispensable tool for unlocking the full potential of AI and ML while mitigating data abuse. Privacy Enhancing Computations (PECs) are emerging as a vital safeguard. Techniques such as homomorphic encryption and differential privacy are increasingly being adopted to shield sensitive data from prying eyes. These methods allow for secure analysis, processing, and development, ensuring that privacy remains intact even in data-driven AI environments. PECs offer a powerful solution to the ethical dilemmas posed by data utilisation.

  1. Privacy by Design

Incorporating data protection into the very fabric of digital development is a fundamental principle known as “Privacy by Design.” This approach ensures that security measures are seamlessly integrated from the project’s inception, reducing the likelihood of disruptions to the user experience. By considering privacy as a foundational aspect of product and system design, organisations can build trust with their users and regulators alike. Privacy by design isn’t a mere option; it’s a necessity in a world where data protection is both a legal mandate and a moral imperative.

The evolving landscape of business enablement demands a heightened commitment to privacy. As digital transformation continues to reshape industries, organisations must embrace these emerging trends and incorporate privacy-centric strategies into their core operations. By doing so, they can not only protect the interests of their stakeholders but also foster a culture of responsible data handling that respects individual autonomy. In this digital age, safeguarding privacy is not just good practice; it’s a prerequisite for success.

What are the top cybersecurity tools to focus on in 2024 and their uses?

As we hurtle towards 2024, the role of privacy in shaping the future of technology cannot be overstated. In parallel with the exponential growth of artificial intelligence (AI), privacy-centric security technologies are set to gain a competitive edge. Rather than specific tools, the tech landscape will see trends that pivot around the following key principles:

  1. Zero Trust: A New Imperative

In a world where AI is the linchpin of virtually every technological advancement, the deployment of the Zero Trust security model will become equally paramount. The notion of trust is being redefined in cybersecurity, and organisations must verify and authenticate every user, device, and application attempting to access their resources, regardless of location. This shift towards zero trust is an acknowledgment that traditional perimeter-based security is no longer sufficient in an era of increasingly sophisticated threats.

Moreover, expect to witness a convergence of technologies as organisations streamline their security strategies. Combining various security tools and practices under a unified umbrella will be essential for effectively addressing the multifaceted nature of modern cyber threats.

  1. AI-Powered Security for Multi-Cloud Environments

Multi-cloud computing, which involves the use of multiple cloud services and platforms, offers unparalleled flexibility and scalability. However, it also presents a unique set of security challenges. In a multi-cloud landscape, the response time to any security incident is of the essence. The ability to swiftly detect and mitigate threats becomes a competitive advantage.

Enter AI-based security response technology, which will play a pivotal role in 2024 and beyond. Machine learning algorithms, trained on vast datasets, can rapidly identify anomalies and respond to threats in real-time. These AI-driven systems are crucial for securing the dynamic and distributed nature of multi-cloud environments, ensuring that security is not compromised in the pursuit of agility.

  1. Proactive Threat Intelligence: The Bedrock of Security

In the ever-escalating game of cyber warfare, being reactive is no longer an option. In 2024, organisations will recognise that the foundation of effective detection and response lies in being proactive. This involves the continuous collection, analysis, and dissemination of threat intelligence.

By proactively gathering and collating threat intelligence, organisations can anticipate emerging threats and vulnerabilities, allowing them to fortify their defences before an attack occurs. This forward-thinking approach is essential for staying ahead of cyber adversaries and mitigating potential breaches.

As we approach 2024, the intersection of technology and privacy will be a defining factor in the evolution of security practices. The trends highlighted here—the embrace of Zero Trust, the synergy of AI and multi-cloud security, and the proactive pursuit of threat intelligence—will shape the future of cybersecurity. Organisations that prioritise these principles will not only secure their digital assets effectively but also position themselves at the forefront of technological innovation in an era where privacy is paramount.

Why do employees need information security awareness training?

In the intricate web of cybersecurity, the strength of a security chain is ultimately determined by its weakest link. Regrettably, this often turns out to be the human element. Employees, despite their critical role, have consistently proven to be the Achilles’ heel of cybersecurity. The security and awareness of these employees should be paramount, yet they are frequently overlooked. It is high time to cultivate a culture of cyber awareness within organisations, one that transcends all levels and departments.

It is an undeniable truth that employees are the human factor in the security equation, and they hold the key to fortifying or weakening an organisation’s security posture. Their actions, whether intentional or unintentional, can have profound consequences. Unfortunately, in many organisations, the human factor remains the most vulnerable aspect of cybersecurity, and it’s often the most overlooked.

The solution lies in creating a cyber-aware culture within the organization. This culture should permeate all levels and departments, from the frontlines to the C-suite. Cybersecurity is no longer the sole responsibility of the InfoSec department; it’s a collective effort that demands everyone’s participation.

Today, a stark reality looms over organisations: those at the helm, including technocrats and management, are prime targets for cyber adversaries. Paradoxically, they often lag in cybersecurity awareness. Bridging this awareness gap is paramount. Leaders must set the example and champion cybersecurity initiatives, demonstrating that security is not just an IT issue but a fundamental aspect of the organisation’s survival.

What are the best practices to approach for awareness training?

To instill a culture of cyber awareness, organisations must invest in comprehensive training programmes that empower employees to recognise and respond to threats effectively. These programmes should be ongoing, adapting to the evolving threat landscape.

Moreover, fostering an environment where employees feel comfortable reporting security incidents, no matter how minor, is essential. Open communication channels for reporting potential breaches or suspicious activities can be the difference between swift containment and a devastating data breach.

In the end, cybersecurity is a shared responsibility. It is not the exclusive domain of the InfoSec department but a collective effort that involves every member of the organization. By embracing this shared responsibility and nurturing a culture of cyber awareness, organisations can transform their weakest link into a formidable defence against cyber threats.

In conclusion, the strength of a security chain is inextricably linked to the human element. To secure our organisations effectively, we must prioritise the security and awareness of our employees. Cultivating a culture of cyber awareness that transcends all levels of the organisation is the path to resilience in an era where cyber threats are ever-present. It’s time to recognise that the human factor can be the strongest link in the security chain when properly educated and engaged in the fight against cyber adversaries.

How can phishing tests increase security awareness?

In the ever-evolving landscape of cybersecurity threats, there’s one threat that continues to outshine the rest: phishing. Despite the myriad methodologies at the disposal of cybercriminals, phishing remains the preferred choice for many. It’s not just a persistent menace; it’s also an acid test of an organisation’s awareness program. To truly gauge and bolster cybersecurity preparedness, organisations must explore multiple phishing vectors, including spear phishing, whaling, and vishing.

Phishing has maintained its top-tier status among cyber threats for a simple reason—it works. Cybercriminals have perfected the art of deceiving individuals and organisations, making it a versatile weapon for various nefarious purposes, from stealing sensitive data to deploying ransomware. Phishing attacks are often the initial foothold that adversaries exploit to gain access to an organisation’s digital assets.

In the battle against phishing, an organisation’s awareness programme becomes a critical line of defence. It’s not merely about having robust security tools; it’s also about ensuring that the first line of defence—the employees—are well-equipped to detect and thwart phishing attempts. Phishing serves as a litmus test for the effectiveness of an organisation’s awareness initiatives.

To adequately prepare against the multifaceted threat of phishing, organisations should diversify their testing strategies.

The ultimate goal of testing these diverse phishing vectors is not just to identify vulnerabilities but to enhance an organisation’s resilience. A well-rounded awareness programme should educate employees on recognising the telltale signs of phishing across various channels, instilling a culture of vigilance and professional skepticism.

The opinions expressed in the preceding article are the individual views of the author and do not reflect the official stance or endorsement of the organisation.

Also readRevolutionizing Banking: The Role of Account Aggregators in Accessing Customer Financial Data

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.