You Can’t Overstate the Value of a Unified Cybersecurity Platform
There are some security experts who postulate that cybersecurity vendors may be stoking the fear of cyberthreats to sell products. Is the danger overstated? Are enterprises and government entities purchasing advanced cybersecurity tools in response to opportunistic exaggerations or extreme threat levels don’t exist?
We can look back at two other scenarios that elicited accusations of exaggerated claims and fear mongering – global warming and the Covid-19 pandemic. In light of the obvious and well-substantiated loss and damages caused by both calamities, we can bear witness that the early alarms and warnings were legitimate. It should also be very clear that complacency, procrastination and a lack of preparedness in the face of a very real threat can lead to ruin.
Today's “exaggeration” may well be tomorrow's reality
We know cyberattacks cause havoc in healthcare, banking, retail, telecommunications, utilities, social media and other industries. Virtually every business can fall victim to malicious cyber criminals. According to a report from the Ponemon Institute, the average cost of a data breach among companies surveyed reached $4.24 million per incident in 2021; the highest in 17 years. The number of data breaches through September 30, 2021 exceeded the total number of events in full-year 2020 by 17%. Average healthcare breach costs have surged to $9.23 million per incident. And the shift to remote workforce during the pandemic has greatly increased the attack surfaces and amount of data breaches.
At what point does an enterprise decide that the peril is inflated before it increases its investment into advanced cybersecurity products and services? When we are driven by fear of being less secure, we can remedy that fear by being prepared. Preparedness weighs fear against wisdom and growing evidence. And perhaps some degree of overemphasis is the impetus to motivate a necessary awareness of the need to tighten and enhance cybersecurity measures.
The wise approach, given the growing sophistication and number of criminal cyber incidents, is to assume that you will be breached at some point. Then implement a robust cybersecurity plan and solutions that detect and respond to malicious activity before catastrophic damage and disruption is done.
Threat intelligence platforms are a vital cybersecurity weapon
Whether you eschew the term ‘cyber war’ or embrace it, there’s no denying that cybercrime is growing. It will continue to increase as more businesses expand their network perimeters with work from anywhere employees, mobile users, multi-clouds and autonomous devices connected to the Internet. There are certainly costs related to preventing and mitigating cyber incidents, but the cost of a single breach can be substantially higher.
A cybersecurity platform should be a key part of a layered defense that provides robust security protections, with fast detection and deny response mechanisms. Instead of maxing out security teams by coordinating threat detection through multiple siloed products that create unnecessary false-positive alerts, a unified cybersecurity platform can integrate and automate processes, coalesce and analyze data from multiple feeds, with integrated Security Information and Event Management (SIEM) data.
RevBits Cyber Intelligence Platform offers unique security integration
RevBits Cyber Intelligence Platform (CIP) is an integrated solution that provides companies with unparalleled protection against cyberattacks. It is a natively integrated cybersecurity platform that unifies protection by sharing threat intelligence and other relevant data between different security products and their functional modules.
Trying to deploy and manage multiple standalone solutions leads to inefficiencies, waste and ultimately vulnerability risk. A single integrated solution can boost the productivity of security teams and enable faster and more proactive interventions.
RevBits CIP unifies the following capabilities
RevBits CIP has a centralized, 360-degree view over the complete cybersecurity landscape via a unified dashboard, enabling security teams to take immediate action, while seamlessly navigating between the security solutions. With single sign-on capability, system administrators have the power to securely monitor, interact with and mediate diverse security incidents.
Cybersecurity platforms are now at the core of enterprise digital ecosystems. Their multi-functions are increasing the strength of cybersecurity protections and privacies. The increasing sophistication and growth of cybercrime will be an ongoing battle. Enterprises that prepare now, by investing in the advanced and real-time capabilities of a unified cybersecurity platform, may well leave the battlefield unscathed.
“I could end the deficit in 5 minutes. You just pass a law that says anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.” - Warren Buffett
We take great care to safeguard our homes and valuable assets with numerous methods of defense. We employ layers of protection, with double locks on external doors, alarm sensors on windows, strategically placed motion-activated cameras and signs in the yard to deter intruders.
We currently live in a cultural climate of escalating misinformation, spurious ideations, and fomenting conspiracy theories. Pick a topic - health, finance, politics… Brittany Spears - and you’ll unearth a plethora of factual distortion and false beliefs. The Covid-19 pandemic and subsequent vaccination program continues to be fraught with conflicting confabulations and political media manipulations. It’s hard to know what to trust, where to place your faith, or how to attain a sense of security. And security, on a personal and business level, is a core primary concern. Relying upon inaccurate information or outdated myths could lead to devastating consequences.