The importance of staying safe online

Boosting cyber security and resilience: The importance of staying safe online

Promoted content: Enterprise cybersecurity is an important factor in the business landscape, and cannot be ignored

In the era of rapid digital transformation reshaping With the global business landscape being rapidly transformed into a digital-first way of life, organisations need to adopt a proactive stance towards cyber resilience. With just about everyone from businesses and individuals to even governments increasingly depending on digital technologies for communication, commerce, and essential services, the threat of data loss, data leaks, and information security can no longer be taken lightly.

We talk to Rohit Midha, Executive Director, Enterprise Business, Lenovo India to gain some insight.

A recent survey conducted by CyberArk, a leading global identity security company, suggests that an incredible 91 percent of Indian organisations surveyed fell victim to ransomware attacks in 2023. Furthermore, a global annual survey of stakeholders in the cybersecurity landscape by Lenovo found that data privacy/security and cybersecurity/ransomware were the top two challenges businesses find most difficult to address.

As such, cybersecurity should be IT’s most urgent priority, alongside working towards effective AI. In such a situations, organisations may benefit from switching their cybersecurity strategies towards resilience.

According to Lenovo’s global CIO study, 80 percent of CIOs feel that breakthroughs and developments in AI will significantly impact their business, and that one of the most significant barriers to scaling AI is security-related. This means that cyber resiliency will be one of the most vital cornerstones of a business’s strategy in the coming years.

What is cyber resilience?

Cyber resilience involves the protection of digital assets of an organisation through defenses involving swift detection and recovery strategies in case of breaches. This can be achieved through processes and awareness, ensuring continuity and a lower likelihood of falling prey to the threats that relate to business data. The idea of resilience favours proactive preparation rather than reactive panic.

This can be achieved through customised solutions that can keep up with organisational needs and requirements. In case of a threat, a well-defined incident response plan and business continuity measures can help to minimise disruption and facilitate the return to normal operations.

How to implement cyber resilience strategies

Different organisations need different, customised strategies that ensure that cyber security is maintained and don’t lead to major disruptions. Multinational corporations require sophisticated strategies which focus on dispersed data backups across geographical locations, to spread out the risks related to specific locations and possibilities of disaster. Dedicated in-house security teams, advanced recovery resources, and establishing independent risk assessment committees can also help safeguard against cyber threats.

Smaller organisations can be more agile, combining cloud resources with local backups for the most important data. Working with specialists such as data security management and cloud data firms can provide firms with data security expertise without the need to invest in dedicated infrastructure. Solutions such as Cyber Resiliency as a Service (CRaaS) can address security challenges for businesses of all sizes.

Effective crisis management capabilities are the backbone of maintaining cyber resilience. A proactive cybersecurity approach, tailored resilience strategies to meet specific organisational requirements, and integrated IT solutions can help businesses navigate the ever changing cyber security landscape with confidence.