4 Ways to protect your Crown Jewels

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For today’s generation, there is arguably no greater challenge than cybercrime. From stealing private information and damaging reputations to crashing critical infrastructure and putting enterprises at risk, today’s cybercriminals are testing the limits of security and resiliency.

If you step back and think about it, the list of potential perpetrators is daunting in scope. It includes cybercriminals, hacktivists, foreign governments, and both malicious and negligent insiders.

It’s time for an urgent conversation about new and better ways to protect our families, institutions and societies.

Change the Game With Artificial Intelligence and Orchestration

There is more data, more devices and more computing power than ever before. This creates tremendous business opportunity, but it also makes the jobs of security professionals even harder. And you can’t simply hire more people to fill the gaps: Organizations of all sizes face a security skills shortage that is expected to reach 1.8 million jobs by 2022 according to Frost & Sullivan. There is far too much threat data for any individual or department to process, and the new information pouring in from thousands of security blogs and alerts each month only adds to the problem. We need a new approach.

Artificial intelligence (AI) strengthens defenses by ingesting enormous amounts of data — much of which would otherwise be invisible to humans — and using pattern analysis to identify the most pressing incidents. Speeding up your team’s ability to find threats and correlate data allows your security experts to focus on remediating real threats with speed, accuracy and at scale to protect your business. With AI’s help, we’ve seen analysts triage incidents 60 times faster, find insight in unstructured data and eliminate 98 percent of false positives.

A successful security program combines speed of detection with speed of response, allowing damage to be controlled with practice and preparation. Take an Integrated Approach to Security

Many organizations have deployed scores of discrete security and resiliency
tools over the years, creating a disjointed patchwork of point solutions. These tools are not designed to work together, which means security teams have blindspots and spend time manually importing and exporting data as they seek insights.

We believe it’s time to look at this problem in a new, holistic way. Your security should work in a coordinated fashion like your immune system. An organized and integrated system of threat intelligence and endpoint, network, mobile, data and other security capabilities can quickly identify threats and take appropriate actions before attacks spread.

Secure Digital Transformation

The cloud computing revolution is moving data and resources outside the enterprise. Almost half of data stored in the cloud is not controlled by IT, and 90 percent of enterprises are expected to use multiple cloud platforms by 2020. This enhances business flexibility but also creates new ways for cybercriminals to attack.

This digital transformation is an opportunity to transform security practices that are manual, static and reactive into a more standardized, automated and elastic approach. Look for advanced capabilities that allow you to:

  • Gain real-time visibility across multicloud or hybrid environments.
  • Control access to your data.
  • Protect data as it resides in your cloud infrastructure.

With the pace of change accelerating, make sure your cloud solution builds security in from the outset and is able to keep up with the fluid nature of your business.

Cyberdefense Is a Team Sport

The Ponemon Institute’s “2017 Cost of Data Breach Study” supported this premise, noting that the time it takes to identify and contain a data breach has been reduced due to “investments in such enabling security technologies as security analytics, SIEM, enterprise wide encryption and threat intelligence sharing platforms.

When your security systems have the most current intelligence, your analysts can make educated decisions with detailed information. Like a basketball team seamlessly working together on the court, you and your security team can use threat intelligence to get ahead in the big game of cyberdefense.

So what does this mean for your organization? Are you ready cut down the nets, so to speak? To gear up, make sure you’re taking advantage of the IBM X-Force Exchange to strengthen your defenses. By collecting and sharing threat intelligence, you can create the best playbook to help your security team research threats, collaborate with peers, and take swift and coordinated action to protect corporate and customer data.

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Business Unit Leader Security, Nordic

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