The challenges to cybersecurity grow more every day. One way to stay on top is to use security monitoring as part of your arsenal of weapons. Here are 5 ways security monitoring can help.
Selecting your cybersecurity tools and services can be overwhelming. There are so many vendors, so many tools, and so many threats. If one of your biggest problems is resourcing to help you meet all your cybersecurity requirements, then a cybersecurity-as-a-service provider can help. Security monitoring and vulnerability management are two services that when working together can help you prevent cybersecurity threats.
Financial institutions face approximately 85 serious cyber attacks each year. Of these attacks, one-third succeed. While this may not seem like a large number, consider that these threats put people's money at risk each time.
Threats led to the introduction of the Federal Financial Institutions Examination Council (FFIEC). The FFIEC has created security guidelines since 1979. Security risks have changed and increased since the establishment of the guidelines.
That's why the FFIEC examination handbook gets updated regularly. These updates keep up with new risks and changing technology.
Yesterday’s reports showed that Amazon AWS continues to grow rapidly--up almost 50% for the last quarter over the quarter the year before. This reflects the steady move by companies adopting cloud infrastructure to realize cost savings, and particularly companies choosing AWS to deliver these services.
In a recent article for Forbes, Dave Lewis recalls an experience earlier in his career in which the physical access controls to production servers were completely undermined by lack of proper network segmentation. In the article, he notes that traditional network segmentation is now being replaced with movement towards “zero trust.” The concepts of “inside the network” versus “outside the network” are melting away as organizations steadily move towards cloud-based and hybrid infrastructures.
A few months back, I shared how to get a 24x7 SOC without hiring. Today, let’s talk more about why you can’t afford to wait to get a 24x7 SOC up and running. Every company, no matter what industry or size, is now the target of cyberattacks. There is no organization immune from the threat posed by internal and external threats. Smaller companies may be even more susceptible to the risks of security breaches, ransomware, and intellectual property theft, simply because they often lack the resources needed to properly monitor, identify incidents, and respond in a timely fashion.
Intrusion Detection Systems (IDS) and Intrusion Prevention Systems (IPS) have been touted as the cure-all to security and compliance woes. The most common type of system sits on the network and inspects all inbound packets. An IDS/IPS is designed to inspect incoming packets to see if they are part of a malicious attack and drop or alert on the packets which are. But like most technologies, IDS/IPS has numerous limitations and pitfalls that vendors of these systems don’t want you to know. When considering how best to protect your organization’s network and an IDS/IPS is in the running, you should consider the following five key limitations.
Log management tools companies better track and understand their data.
Each day IT equipment, servers, firewalls, and other hardware and software systems collect and store information in the form of logs. These logs are vast, and always contain a wealth of data that companies can use to analyze everything from how efficiently they are running their businesses to the state of their IT security.
While this information is critical, there's only one problem: It's often hard to decipher because, quite simply, there's just too darn much of it.
That's where log management tools come into play. Here are three major benefits of these tools:
Credit unions must always be on the lookout for potential breaches.
The threat from cybercriminals is real, and credit unions must be on the constant lookout for potential breaches. These institutions are very vulnerable to cyber attacks because of their smaller size, and don't always have the IT infrastructure and resources to thwart cyber attacks like their larger counterparts, according to a new 2016 Beazley Breach Response Insights report.
"You're being tested every day, whether you realize it or not," said David Luchtel, Vice President of IT Infrastructure and Operations at WSECU, according to Credit Union Times.
We’ve written recently about the importance of moving your IT security to the cloud and the business benefits of doing so, as well as burst some myths that surround cloud-based security. The fact of the matter is that vendors such as Amazon Web Services provide “a data center and network architecture built to meet the requirements of the most security-sensitive organizations. An advantage of the AWS cloud is that it allows customers to scale and innovate, while maintaining a secure environment. Customers pay only for the services they use, meaning that you can have the security you need, but without the upfront expenses, and at a lower cost than in an on-premises environment,” according to the company’s website.
