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How To Get The Most Out Of Your Security Investment

In today’s digital age, ensuring your organisation’s sensitive data remains secure within company walls goes far beyond simply buying and implementing a security solution. With the elevated threat of increasingly sophisticated cyberattacks, it is absolutely necessary that companies understand which security solution best fits their IT environment and what steps need to be taken in order to ensure they are getting a continual return on their investment.

All too often organisations look to resolve security issues by simply purchasing more expensive security products, without ensuring the solution can evolve with the company. However, misconfigured or poorly set up security tools do not offer increased security, rather, they can lead to increased vulnerability.

Build a long-term plan for your security investment

The proper implementation, configuration and use of data security tools start with planning. All organisations should have a detailed plan that outlines security software objectives, the solutions that are currently in use (or the criteria for choosing a future solution), workflows, tasks with owners and clear steps for auditing. With no guidelines, security investments can be made without understanding the long term strategy.

Just as proper planning is crucial for effective data security, it is also important for successful stock investing. Investors who take the time to develop a solid investment plan, including clear goals, risk tolerance known in the best offshore sportsbooks, and portfolio diversification, are more likely to achieve their long-term financial objectives. This includes conducting thorough research and analysis of potential investments, as well as monitoring market trends, and staying informed about industry news and developments. Those interested in ethical investing may be of particular interest, as they prioritize sustainability, corporate responsibility, and social impact in addition to financial performance. By incorporating these factors into their investment plans, investors can build portfolios that align with their values and objectives, while also maximizing their potential for long-term growth.

Data security handled by the IT department or, in smaller companies, by an IT admin, should be treated like any other part of the business. If the finance department contributes to tracking expenses and revenues and seeks to optimise profit, the IT security protects intellectual property and makes sure business is not affected by downtime and other consequences of a data breach. So, in addition to having clear guidelines, the IT department should be aware of its role in the organisation and its importance for business continuity.

Find the best security solution for your company

Once this is settled, the CISO or IT admin needs to make sure they implement data security tools that cover all vulnerabilities, or at least the biggest ones, and that they do not have conflicts with security solutions already installed. These days, threats come from every connected channel including portable storage devices, insider error, cloud apps, mobile/wearable devices, IoT, and more.

If there are dependencies between security tools your company uses, or the tools can be somehow integrated, it is recommended to make sure they work properly and do not cause problems like high resource consumption or system crashes. Above all, the solution to securing your company’s data is not to purchase more expensive security products, but to value the technical aspects of vendors’ services like support, which is extremely important in case of a breach or system failure, product roadmap and vision for future improvements. (Source: best buy now pay later apps no credit check)

Continue to analyse and improve

After implementation and configuration, it is very important to continue analysing and improving upon the software you have deployed. Every day security products need to be improved and updated, not only by the vendor, but also by the enterprises to adapt to new threats. The solutions must allow the CSO to focus on new threats from high to very low level.

When it comes to day-to-day data security updates, including changes in policies, incident response, etc., it is up to the IT manager or CISO to initiate and follow-up to ensure they are done properly. The main challenges – or better said, pitfalls – that lead to security incidents are often related to the IT department’s team or manager:

  • Ignoring the guidelines
  • Superficially evaluating the data security software
  • Ignoring the vendor’s best practices or administration guides or failing to communicate with the vendor if they find issues or bugs
  • Disregarding the security patches or feature updates
  • Rejecting the renewal of the software, thinking that they do not need support or updates
  • Skipping the audit

The key is to give ownership for each security related task and hold each team member and manager responsible for what’s going on.

How to respond to a security breach: Plan,do, check, act

In an ideal world, every security executive should be up to date, invest in the right solutions and have risk management in place to avoid getting hacked. But until we get there, organisations need to arm themselves with an appropriate response.

My recommendations on the immediate first steps any company or executive should take in the case of a security breach:

Let go of your ego

If a security breach is too complicated for the onsite team, the internal security expert should work with professionals (such as Incident Response Teams) who can understand if the breach is still active or not.

Figure out what went wrong

It’s a good idea to do a Forensic Analysis to find out what went wrong and what was changed and more importantly what data might have been exposed.

Eliminate the problem

After all this, make sure the problem is eliminated, patch the systems, change the passwords, run a vulnerability assessment and implement a Risk Management strategy and rebuild the environment based on learned lessons.

Invest in training

Everyone in an organisation should be trained against possible phishing or Social Engineering attacks.

Test, test, test

Security executives must make sure they conduct a regular simulated network attack (penetration testing) against their organisation, so basically hack themselves to find out their weaknesses, check them, act on them. It all comes down to 4 steps: ‘Plan, Do, Check, and Act’ which represent a continuous process which will NEVER stop.

I found that Data Loss Prevention solutions (DLP) offer valuable information if breaches occur, which normally doesn’t happen if policies are properly built. The available reports provide details like confidential data transfers that took place, from which computers, at what time and the exact transferred content. Once IT Administrators or security staff analyse these reports, they can address the issue by restricting data transfers for the problematic users, they can even use the reports as proof in court or they can take further measures depending on the vulnerability.

Ozkaya

Dr. Erdal Ozkaya is a leading Cybersecurity Professional with business development, management, and Academic skills who focuses on securing the Cyber Space & sharing his real-life skills as a Security Adviser, Speaker, Lecturer, and Author. Erdal is known to be passionate about reaching communities, and creating cyber aware campaigns and leveraging new and innovative approaches and technologies to holistically address the information security and privacy needs for every person and organization in the world. He has authored many cybersecurity books as well as security certification courseware and exams for different vendors. Erdal has the following qualifications: Doctor of Philosophy in Cybersecurity. Master of Computing Research, Master of Information Systems Security, Bachelor of Information Technology, Microsoft Certified Trainer, Microsoft Certified Learning Consultant, ISO27001 Auditor & Implementer, Certified Ethical Hacker (CEH), Certified Ethical Instructor & Licensed Penetration Tester. He is an award-winning technical expert & speaker: His recent awards are: CISO Top 50 Award by Security ME Adviser Magazine & Tahawultech.com (2020) Legend Cybersecurity Pro by GEC Media (2019) Hall of Fame, CISO Magazine(2019) Cybersecurity Influencer of the year (2019) , CISO Magazine Cyber Security Professional of the year MEA (2019) Microsoft Circle of Excellence Platinum Club (2017), NATO Center of Excellence (2016) Security Professional of the year by MEA Channel Magazine (2015), Professional of the year Sydney (2014) and many speakers of the year awards at conferences. He also holds Global Instructor of the year awards from EC Council & Microsoft as well as Logical Operations. Erdal is also a part-time lecturer at Australian Charles Sturt University Erdal’s Social Media Accounts to follow: Twitter: https://twitter.com/Erdal_Ozkaya LinkedIn https://www.linkedin.com/in/erdalozkaya/ FaceBook https://www.facebook.com/CyberSec.Advisor/ Instagram https://www.instagram.com/drerdalozkaya/ Amazon https://www.amazon.com/-/e/B0796D9KQ4 He has built and managed CEO IT from scratch into a multi-million dollars National Training & IT Solutions center. With the skills, he has gained, he has introduced & repeated the success with KEMP Technologies, where he was tasked to single-handedly manage the ANZ region and then build the business in the Asia Pacific region. From there he joined Secunia as CISO in Dubai and extended his experience in Middle East & Africa. Beginning of 2016 he joined Microsoft as a Cybersecurity Architect / Trusted Security advisor where he is responsible in the EMEA region. Erdal currently works at Standard Chartered Bank as Head of Infomation and Cyber Security in a Managing Director status.

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