CYBER RISK CONSULTING :
Risk is an inevitable aspect of any business, but given the rising incidence f risk and increased industry scrutiny and compliance requirements, it is essential to fortify your business by minimizing any potential risks. Businesses face a multitude of internal and external risks that continue to evolve in today’s dynamic business landscape. By covering all your bases and protecting your organization from potential risks, you lay the foundation for building a successful future for your organization. Effective risk management is critical for any organization to grow, fulfill its potential and achieve long-term strategic success.
We are trusted risk advisory and consulting partner with over 30 years of experience advising companies on protecting themselves from the multitude of risks in a technologically-evolving business environment. We go beyond traditional consulting and provide tailored services to manage risks and vulnerabilities. Our holistic approach to Enterprise Risk Management establishes oversights and controls for continuous improvement of an organization’s capabilities to minimize risks.
TECHNOLOGY SECURITY CONSULTING :
As technology grows more advanced and sophisticated, businesses must be increasingly vigilant about safeguarding their data, devices, operations and networks from cyber security threats. With the growing sophistication of cyber-attacks, security is an increasingly challenging task that is of paramount importance for businesses of all sizes. It is mission critical to have a world-class suite of cyber security services for the organisation’s data, devices, operations and networks. The likelihood of experiencing a security breach continues to rise each year, so it is essential to have robust security measures for rapid response. A delay in remediating a security breach can have a high cost for an organization.
In the mid-2000s, as people connected to the internet like never before, widespread infection rates exploded as well. The storm worm virus in 2007 and the koobface virus in 2008 used emails and social media to spread rapidly, infecting millions of computers. Hackers also stole data with the conficker worm in 2009. In 2012, the heartbleed bug was discovered, which took advantage of a flaw in the open SSL security software library to access sensitive data like passwords and in 2013 one of the most infamous attacks occurred, when hackers gained access to retail giant target’s servers, leading to the theft of 70 million customer records.
In the early days of cyber-attacks, the perpetuators were mainly individuals who were simply intent on being mischievous or showing off their technical prowess. In short, their objectives were individual in nature. Recently, however, attackers and their objectives are more organised . Groups of individuals on the internet who share the same ideology and convictions and other types of groups that may even include national institutions have become attackers. These new types of attackers also have new objectives: in addition to financial gain, they may seek to disrupt the activities of corporates or institutions. In fact admitting in public to breaches is today become a practised norm.
The techniques for mounting attacks are also changing. To achieve the above objectives, a type of attack called an advanced persistent threat (APT) has emerged. It carefully prepares and executes scenarios that combine multiple approaches and methods. Corporations and organizations that have already suffered APT attacks include major search engine sites, energy-related industries, and public offices. The APT attack aims to access confidential information and corrupt systems in a way that could have a major impact on society as a whole.
Despite the increasing number of data breaches, companies continue to rely on firewalls, threat monitoring and other breach prevention tools as the foundation of their security strategies. Yet most IT professionals readily admit that their corporate and customer data would not be safe if their perimeter defenses were compromised.
With the advent of cloud , the ever expanding perimeter of the enterprise is a much talked about concern from cyber security. The insider threat looms large on any business .The increasing number of data breaches and cyber threats are driving businesses to explore best security practises. The best way to achieve this is partnering with an innovative ,collaborative and reliable security provider.