MAIN CHALLENGES WITH DIGITAL TRANSFORMATION AND CYBER THREATS FOR BUSINESSES
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DIGITAL TRANSFORMATION AND CYBER THREATS
We are at a key moment in the business environment, in
which all organizations are experiencing a process of digital transformation.
One of the main problems is the obsolescence of legacy infrastructures,
sometimes unable to cope with the demand of the new digital times. However,
although this transformation will help us improve our competitiveness,
efficiency, customer service and offer products more adapted to new needs, the
main challenge is to be able to establish priorities and ensure that we are
implementing the appropriate technology: knowing which are the technologies to
bet on and which ones not.
This transformation can give us that competitive advantage
in the market, but at the same time, it exposes us to new risks and threats,
hitherto unknown, which we have to face today in companies. Digital
environments, with new tools and applications, manage a huge amount of data,
which is a great attraction for cyber attackers, one of the biggest threats to
companies today.
We are facing a very changing situation in relation to cyber security. The
techniques used in cybercrime are becoming increasingly sophisticated and,
therefore, the threat is much greater. Currently, the number of cyber-attacks
related to malware (malicious code), phishing and the theft of information on
devices are increasing. As we constantly see in emails impersonating employees
of the company itself. The current outlook shows increasing numbers. The study
on the cost of cybercrime in Spain highlights that the global number of cyber-attacks
increased by more than 67% in the last 5 years *.
If something is clear, it is that security is something
transversal to the company. For this reason, it is essential to transmit that
responsibility to each of the employees and to provide training adapted to
these needs. In many cases, the damage can be caused by unintended actions by
employees, such as accidental data disclosure or phishing attacks. Malware is
another of the techniques that has the greatest impact on companies, but also
on users and the public sector: more than half of the global email traffic in 2018
contains this type of code.
The truth is that one of the biggest problems for a
company is the time it takes to resolve these types of incidents. In most
cases, when one of these attacks is carried out, in a very short period of
time, generally in just seconds or minutes, the company's information systems
are compromised. However, its detection or the generation of a possible
response usually takes a much longer time, of several days, weeks or even
months. On the other hand, the associated cost is usually a very serious
problem for a company and there is a direct correlation between size and cost:
the larger the organization, the greater the budget it has to allocate to
repair the damage.
Another aspect that today has become a vector of risks in
terms of security is the irruption of the IoT (Internet of things or Internet
of things). It allows us to produce more personalized products, improve the
user experience and reduce costs. However, it also poses a security challenge,
since sensitive information is handled and therefore becomes an enabler.
Generally, the use of IoT technology as a back door to gain access to other
personal or professional devices, as well as home and corporate networks, is
widespread, since these types of elements do not have security measures
embedded by default .At HomeServe, for example, we have a security team that,
together with the CSOC (Cyber-security Operations Center), allows us to be on
the alert and try to get ahead, as far as possible, against these threats,
betting not only on prevention, but also adding incident detection and response
capabilities. In addition, in recent years we have opted for the modernization
of infrastructures and digital transformation through cloud systems such as
Salesforce and Oracle, among others.
Forecasts indicate that cyber-attacks will increase, in
fact, they are not only expected to continue, but also to evolve into
increasingly sophisticated attacks. People are the main gateway and the weak
link in the security systems of any company. For this reason, as new defense
mechanisms are created, attackers will modify their objective and seek new
methods. Companies and agencies need to continue to innovate in security and
training to deal with this growing global threat.
To keep your data safe and your device away from viruses
to keep it working properly we should be using a good antivirus software
which will helps you in fighting viruses and also saving you from cyber-attacks
which can happen with anyone in this digital world. So to be safe you should be
using an antivirus
and keep your device healthy and your data safe.
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