Wednesday, March 27

More than half of companies rule out new IT or business projects due to cyber risks


A recent Kaspersky report has revealed that 55% of companies have faced a situation where they have been unable to launch new projects due to their inability to deal with cybersecurity risks. This may be related to problems finding a suitable security solution that would not cause performance, maintenance, or other issues for your project.

When building or transforming a business, it is important to increase protection against cyber threats. According to an Accenture survey, almost 80% of organizations introduce innovations faster than they are able to protect them. New subsidiaries, product development, digitization or the shift to remote work may require a rethink of corporate networks in a more secure way. This means the implementation of additional protection tools or a sudden increase in licenses and/or a change in corporate security policies.

For some companies, dealing with new cybersecurity risks can become a real challenge. Of all the projects that companies have had to discard due to these problems, the most common is the implementation of new IT solutions (43%). It is closely followed by changes in corporate policy (42%) and the launch of new business projects (40%).

This issue mirrors another finding from the report, which shows that 71% of organizations have experienced being unable to find a suitable security solution.

Protection tools may not be adequate for a number of reasons, the most common being performance issues (30%) and maintenance difficulties (28%). These reasons are critical, as they can affect the level of protection provided, as well as compatibility issues (30%) that impact business processes. This is especially relevant when it comes to protecting specialized software or firmware, such as industrial, manufacturing, or IoT. Therefore, it is important for IT security teams to find compromises and solutions to deliver both performance and security.

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“At the current pace of business innovation, cybersecurity must enable and support new initiatives, not stop them,” said Andrey Suvorov, CEO of Aprotech, Kaspersky’s IIoT subsidiary company. “To achieve this, each new solution must be approached with a dedicated cybersecurity risk assessment and analysis of available protection measures. For critical systems, such as the Industrial IoT, there are robust new security approaches such as Cyber ​​Immunity. Coupled with proven must-haves like network segmentation, node protection, and awareness, this innate resistance to cyberattacks should make cybersecurity a reliable business partner.”

To help keep protection up to date with changes, Kaspersky recommends adopting these practices:

  • When choosing a cybersecurity solution, check the performance tests of trusted labs and analysis companies such as: AV-TEST, NSS Labs, SE Labs, AV-Comparatives and ICSA. Customer feedback platforms such as Gartner Peer Insights can also provide real impressions of these products.
  • Consider outsourcing the most difficult cybersecurity tasks, such as organizing threat detection, incident investigation, and response. This can be especially useful if a company does not have enough human resources. Virtual CISO, external SOC and managed detection and response services can help.
  • For industrial control systems (ICS), there are threat intelligence services with vulnerability databases, such as the Kaspersky Threat Intelligence Portal. This service collects information about vulnerabilities and provides it in an actionable way. Customers can then develop mitigation measures if patches are not yet available or cannot be installed due to process continuity requirements, system certification needs, or compatibility issues.
  • For IoT-related projects, the IoT Security Maturity Model approach can help companies assess all the steps they would need to take to achieve a minimally sufficient level of IoT protection.
  • To protect IoT or automotive projects, consider systems that are secure by design. KasperskyOS enables a Cyber ​​Immune development approach, which makes most attacks ineffective for KasperskyOS-based solutions.
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The full report, “Pushing the limits: How to address the specific demands of cybersecurity and protect the IoT” is available for reading at this link (does not require registration).






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