Practical Implementation at EinNel Technologies and our experiences:
With the advent of Digital transformation, businesses have fast-tracked initiatives like agile and DevOps to improve speed to market. In doing so, security tends to become an afterthought and is often left in the dust. Gartner predicted that 60% of digital businesses would suffer major service failures by 2020 due to the inability of security teams to manage digital risks. Today, around 79% of global executives rank cyber-attacks and threats as one of their organization’s highest risk management priorities.
Along with Digital transformation, businesses are also moving towards cryptocurrency as their mode of payments. With the ease of using internet banking, UPI and cryptocurrency, comes a higher Cyber risk.
The use of PIN, digital signatures and private keys are safe, until they are known only to us. Once it is put into a bitcoin wallet or on a trading platform, the security of that platform becomes vital. Account takeovers can allow people to steal the private key, in turn, taking our money. The untraceable nature of some of the bitcoin or crypto activity makes it is an ideal target for hackers and scammers. So, the accounts and platforms must be treated with caution.
Investments in transformative technologies can be meaningless if they can’t protect the business. Digitalization should also focus on cybersecurity and compliance. Instead of viewing cybersecurity as a cost, companies should view it as a fundamental requirement.
Security should be involved from the start of digital transformation in an organization. The challenge for security teams remains how to add security at the speed of digital transformation and ensure that security spans every new internal digital process and external product developed or internet opportunity created.
Hybrid work culture:
As uncertainty looms due to the pandemic, organizations are allowing significant portions of their workforces to remain remote. The seismic shift to remote working spurred by COVID-19 was a key driver of this trend. Remote workers are more relaxed operating in the comfort of their homes; however, this comfort leaves them feeling like they can let their guard down. This relaxed approach in security could not come at a worse time as cybercriminals have ramped up social engineering and ransomware attacks. Remote work currently poses as the latest threat to businesses. Hence, cybersecurity will become an even greater concern in the upcoming years. Organizations of all sizes now need to think more strategically about cybersecurity investments and how best to protect workers, data and equipment that are now beyond the corporate walls. Educating remote workers on how and what to do to secure their network and assets has become essential.
How EinNel Technologies is implementing Cyber Security and enabling safe remote work:
We at EinNel technologies are taking giant leaps in improving the organizational security posture. We as a digital transformation enabler, acknowledge that the threat landscape has changed over the past few years and just like everything else, security should be a part of the design and not an afterthought.
Our experiences as the IT team at EinNel Technologies has been nothing short of amazing. Everyday has been a new learning experience and we have come a long way. Implementation of new equipment, tools and services comes bundled with a lot of new challenges and we have taken it in our stride and solved every single one of those.
We have been redesigning the infrastructure to combat the latest threats and to also create a balance between security and functionality. There has been an addition of various equipment over the past couple of months to strengthen the perimeter, while also enabling our remote users to work seamlessly using VPN.
With the use design of a Hybrid cloud infrastructure, our remote users have multiple options in terms of connectivity. We can deploy and test our code on the public cloud while running our daily tasks in our private cloud. This has ensured high availability to the users who need access to the resources.
We have partnered with vendors such as Sophos, Dell, McAfee and other suppliers, to scale up without any hiccups when the demand increases.
Our Perimeter is secured by Sophos firewall which has best in class protection against network, web and email-based attacks. Some of the features include advanced Intrusion prevention system that can block any intrusion attempts and notify the administrator, an advanced web protection that has application controls and quality of service criteria, an email protection that consolidates anti-spam, Data loss prevention and threat quarantine capabilities.
Along with the above-mentioned features, Sophos sandstorm technology has AI-driven static and dynamic file analysis techniques combined to bring unprecedented threat intelligence to the firewall and effectively identify and block ransomware, known and unknown threats.
We also strongly believe that Organizational Security is everyone’s responsibility. With this in mind, we ensure that our employees are trained on Cyber hygiene and made aware of the current threat landscape. We also teach them the best practices to protect themselves and to support the organization in combating threats that we face.
We are slowly and steadily moving towards higher IT literacy and ensuring that the working environment is safe and secure. We also have major plans to implement various other layers of defences such as real time monitoring and response technologies so that we will have a well-rounded security posture.
We are certainly moving in the right direction in terms of technology and Cyber security.