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Companies must invest in cyber readiness as attacks increase

By Michael Hatamoto on Jan 12, 2015 at 8:26 pm CST

Cyber readiness is a major initiative for business leaders in 2015, as high-profile data breaches continue to capture headlines in the United States. Companies tend to be reactive instead of proactive when it comes to cybersecurity, which leaves them vulnerable to attacks.

Companies must invest in cyber readiness as attacks increase |

As part of its "Top Fraud and Corruption trends for 2015" report, EY Fraud Investigation & Dispute Services (FIDS) listed "Cyber readiness is challenging the C-Suite and Boards" as the top concern.

Trying to defend against cyberattacks is proving difficult, with cyberespionage from foreign nation states and increasingly sophisticated hacktivists launching attacks.

"Business leaders are faced with significant challenges when it comes to cyber readiness," noted Richard Stiennon, Chief Research Analyst of IT-Harvest, in a statement to TweakTown. "At the lowest level they struggle to even build awareness that preparing for and defending against cyberattacks is of paramount importance. High-profile breaches, especially that of Sony Pictures Entertainment are going a long way to providing that education."

Once decision makers have an idea they want to improve cybersecurity, trying to create a roadmap towards proper cyber defense remains difficult.

"The next challenge is, 'where to start?' I encourage every business leader to identify a cyber defense team whose responsibility is to counter (cyber)attacks. That team must consume threat feeds, research and deploy new tools that leverage those sources of intel, and build a comprehensive response plan."

Whether companies or ready or not, cyberattacks evolve at a rapid rate, with malware and attack tools being perfected by hackers.

Please Note: This blog is not edited by TweakTown staff, and may not represent the thoughts or opinions of TweakTown or its editors.

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