Security-as-a-service (SECaaS) or Internet-based security or cloud security products is an outsourcing model for security management. Here a third-party vendor delivers applications such as anti-virus software over the Internet. It can also refer to security management software provided in-house by an external organization.
Such systems are the next step in the evolution of Managed Security Services (MSS) and Gartner indicates that the demand for SECaaS will grow significantly and might substantially change existing IT security infrastructure environments aided by the fact that new forms of threats are also emerging with Cloud Computing’s growth. Continue reading
With an increasing number of cyber security breaches affecting notable names, no company would confidently say they are fully protected or prepared to handle a sophisticated cyber-attack. Traditional methods, like anti-malware software, are no longer sufficient to keep sensitive data safe and it is time for automation to beef up cyber security for greater defense.
Recent attacks have been driven by automated bots and such intensive, sustained attacks make it a tough fight to handle the sheer volume and make quick and high-impact decisions to handle these threats efficiently. In these circumstances, security automation has become a powerful and effective component of cyber security incident response in combating the onslaught of incoming threats. Moreover, automation now goes beyond protecting just the technologies, but expanding into applications for IT infrastructure and the enterprise IT environment. From real time monitoring to alerts and incident response planning and investigation, security automation contributes to establishing a comprehensive security envelope for the enterprise. Continue reading
Where businesses need to focus?
ITRC’s latest data breach reports revealed some serious findings: Continue reading
Data is the essence of all businesses across the world. Protecting it from theft, exploitation, and misuse is now top priority for the organization. Client data that has been hacked can wipe out crores in revenues, and stolen intellectual property can impact competitive advantage. This can lead to needless privacy abuses that bring scrutiny and penalties from regulators, causing damage to the organization’s reputation.
Managing data is no longer confined to the multifaceted ecosystem of privacy-conscious consumers, digital staff and suppliers; data today is fuelled by mobility and the cloud. Perimeter-based security is no longer applicable. Data-centric security, where security is positioned closer to the data itself, is now the new reality.
The future of data security
Imagine a world where every aspect of your life is connected. What you do is recorded by a growing number of connected devices you touch, interact and encounter every day. And then the collected data is shared over a network. Our world is becoming a central nervous system running on a network of connected devices.
By 2020, the number of internet-connected devices will reach 50 billion. Mathematically, that’s around 8 connected devices per person. And this indeed creates a simple but a dangerous dilemma. While our ability to collect data will grow via connected devices, there is hardly any adequate security system in place to protect and secure this data. Continue reading
Mobile security challenges:
The mobile has taken center stage in all aspects of life, but its influence is perhaps most noticeable in the corporate sector where the influx of mobile technologies has brought a sea change in the way enterprises operate. The proliferation of mobile has naturally led to concerns regarding security.
Today, 2 out of 3 employees use their mobiles for work-related activities. More and more companies are adopting BYOD’s at their workplace. Mobiles have become a mine of sensitive corporate information and a probable entry point in the IT. In the event of a mobile getting lost or stolen, there is a high chance of sensitive data falling into the wrong hands. For example, according to OCR, there were 253 breaches affecting more than 500 individuals, and running into a combined loss of over 112 million records in healthcare sector. And in Japan, at least 2.07 million sets of personal data were stolen or feared leaked from 140 organizations in 2015, according to a Kyodo News survey. In automobile sector, Mercedes has filed a lawsuit against Benjamin Hoyle (the company’s former employee) for stealing confidential information before leaving to join a rival company. These are perilous security incidents that corporates and companies cannot overlook.
Enterprises encounter serious security breaches despite investing heavily in Information security infrastructure. Hackers are always devising new ways to breach the Information security of an organization, either from within the company or from outside.
Research suggests that 90% of enterprise breaches could be prevented through proper monitoring.
However, setting up a 24X7 Security Operations Centre (SOC) to monitor is an enormous challenge because:
- The high set-up costs can run into lakhs and crores of rupees
- Demands significant time and effort
- Growing shortage of skilled in-house security experts
THE CMS IT PROPOSITION
CMS IT is delighted to announce the “Security Eye”; Service that provides a round-the-clock monitoring of your IT landscape.
As a new-age Information security service provider, CMS IT Services is pleased to bring forward this unique proposition to help clients adopt a best-in-class SOC at minimal investment. Continue reading
The financial industry is constantly subjected to a myriad of threats and vulnerabilities. Gone are the days when criminals use to plan for months together in order to execute a bank robbery. Today, banks have stringent security measures that will not let anyone break in easily and walk out with millions of cash easily. But for the criminals, the focus is not on currency anymore. Hackers and cyber criminals plan their crimes from the comfort of their home with just a computer and a keyboard. Consumers have moved to online banking and are doing transactions with digitalized form of currencies. Stealing sensitive data such as credit card information, birthdate, password, and username offers hackers access to a great deal of information with which they can cause irreparable damage to the banks and the consumers. Continue reading
The cyberattacks that happened between 2014 and 2015 affected many large companies and affected millions of consumers. These crimes happened in a matter of seconds and the high profile information hackers stole were sold in the black market within few days. From eBay, Anthem, Target, J.P.Morgan Chase to Staples, Primera Blue Cross, Sony Pictures, and The Home Depot, every company acquired huge losses and suffered severe reputational damage. The list does not stop here. These are just a few names out of a bunch of other large and small companies that were victims of cybercrimes. Continue reading