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Cybersecurity: A Must have for any Digital Transformation Initiative
Cybersecurity: A Must have for any Digital Transformation Initiative

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Cybersecurity is a critical aspect of any digital transformation project as it protects a company's digital assets, intellectual property, and customer data. The rapid development of digital technology has greatly changed the perspective of security and increased the risk of cyber threats.

 

Modern Attack Surface: The attack surface is expanding and what is even worse is that about 30% of all on-premises and cloud assets are not inventoried. This is a key advantage for attackers to exploit. Source: DSCI

Some of the key roles of cybersecurity in digital transformation are listed below:

  • Data protection:

Cybersecurity is critical for protecting sensitive data such as customer information, financial records, and intellectual property. By implementing rigorous security measures, organizations can prevent data breaches and other cyber-attacks.

  • Ensuring compliance:

Many industries are subject to data protection regulations such as the European Union's General Data Protection Regulation (GDPR). Cybersecurity helps organizations comply with these regulations by ensuring proper security measures are in place.

  • Maintain business continuity:

Cyberattacks can disrupt business operations and cause significant financial losses. Cybersecurity helps organizations minimize the impact of cyberattacks by developing an incident recovery plan.

  • Build trust:

Cybersecurity is critical to building trust with customers and partners. By demonstrating a commitment to safety, organizations can build relationships and encourage people to do business. To effectively manage cybersecurity risks, organizations must develop a comprehensive cybersecurity strategy. This strategy should include a risk assessment, a security policy framework, and a plan to implement and maintain security controls. Companies should also invest in employee training on cybersecurity best practices.

By taking below steps to improve cybersecurity, organizations can help protect their digital assets, intellectual property, and customer data:

  • Start with a risk assessment:

The first step in improving cybersecurity is conducting a risk assessment. This helps identify the assets that need protection, the threats they face, and the controls needed to mitigate those threats.

  • Implement a security policy framework:

A security policy framework is a set of policies and procedures that define how an organization manages cybersecurity. This framework should be tailored to your organization's specific needs.

  • Implement security controls:

Security controls are technical and administrative measures used to protect an organization's assets. These controls may include firewalls, intrusion detection systems, access control lists, etc.

  • Train employees on cybersecurity best practices:

Employees are often the weakest link in an organization's cybersecurity defenses. It's important to train your employees to recognize and report suspicious activity and protect their devices and data.

  • Stay up to date on the latest threats:

The threat landscape is constantly changing, so it's important to stay on top of the latest threats. This helps detect and defend against new threats. By following these tips, organizations can improve their cybersecurity and protect their digital assets, intellectual property, and customer data. 

 

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