Are Enterprise Companies Taking Cybersecurity Seriously Enough?
The article discusses the ongoing challenges enterprises face with cybersecurity, especially with incidents like the ransomware attack on Kaseya. Expert Nuno Povoa highlights issues such as inadequate investment in security resources and outdated systems. He suggests strategic approaches including better training and data sharing to improve resilience.
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Key takeaways
Kaseya was a target of a significant ransomware attack affecting multiple businesses.
Enterprises often view cybersecurity as a cost center, impacting investment levels.
Improved security awareness training and data sharing could enhance cybersecurity resilience.
Another day, another cybersecurity incident. Unfortunately, that seems to be the pattern. Kaseya, an IT solutions developer, was most recently the target of ransomware impacting hundreds of businesses. So, why are these breaches occurring? And what’s the solution? In the Cloud host Daniel Litwin welcomed Nuno Povoa, Senior Security Consultant for Eurofins Cyber Security US, to address these questions. Povoa has over a decade of experience developing strategic and technical insights to improve data and business resilience.
Povoa listed several issues that are hindering better data security. “The appetite to invest isn’t there. It’s a cost center, and we need to realign how we think about budgeting. There’s also the issue of attracting and retaining talent, which should include investing in the education for current staff.”
When it comes to breach prevention, many threat actors are using unsophisticated tactics like phishing. So shouldn’t an enterprise have better defenses? Povoa answered, “There is a gap in security awareness training because it’s just for compliance purposes. Then there are also legacy systems, which you can’t update and are complicated to protect.”
Even those with mature programs aren’t risk-free. Povoa proposed that companies share data and intelligence around cybersecurity to be a “win-win for the market.”
With complex infrastructures and ecosystems, multiple entities have access to data, and there’s often a weak link. “It’s hard to keep visibility across all data. We need to concentrate on what comes into the network. Always be proactive in security. We’re also now deploying behavioral machine learning-based analytics to detects users as a risk.”
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About the author
Daniel Litwin is a journalist of multiple disciplines focused on finding and telling engaging stories for B2B communities. He has interviewed executives from Fortune 500 companies including Honeywell, Microsoft, John Deere, and Chipotle, and leads editorial direction at MarketScale. Litwin hosts weekly shows and podcasts while helping develop new content approaches across the MarketScale platform. He holds a B.J. in Radio/Television Reporting/Anchoring and a B.A. in Spanish from the University of Missouri-Columbia.
