Despite the advancements in technology and increased connectivity, the rise in cybersecurity breaches has become an alarming concern for businesses worldwide. In light of this, experts are urging organizations to adopt proactive cybersecurity measures rather than relying solely on antivirus solutions.
The days when antivirus software alone was sufficient to protect against cyber threats are long gone, according to tTech’s CEO Norman Chen and security team lead Jaleel Henry. These traditional security methods are no longer effective against the growing sophistication of attacks and the evolving landscape of technology.
To combat this, businesses need to implement multiple layers of protection, just as homeowners invest in supplementary security measures like security guards and gated communities. One of the key recommendations by the experts is the adoption of advanced endpoint detection and response, along with a 24/7 security operating center. These added layers of protection enhance an organization’s ability to counter cyber attacks effectively.
In addition to these measures, organizations should develop a strong incident response plan to mitigate the impact of cyber incidents. Regular tabletop exercises should be conducted to test the effectiveness of this plan. Keeping devices patched and updated frequently, as well as implementing a security incident and event management (SIEM) solution, are also crucial cybersecurity measures.
The experts emphasize that not having a proper cyber incident response plan in the face of a recent surge in ransomware attacks leaves businesses vulnerable. Cybercriminals, fueled by artificial intelligence, are becoming more efficient and indiscriminate in their attacks. Therefore, it is essential for companies of all sizes to take security seriously and invest in comprehensive cybersecurity strategies.
For smaller businesses with limited resources, the experts recommend the development of an IT security strategy plan and providing security awareness training to users as a minimum requirement. Regardless of their size, all organizations should adopt a layered approach to security and implement strategies to safeguard their own data, customer data, and employee data.
As cyber attacks continue to rise locally, with recent victims including Derrimon and the Financial Services Commission, the experts believe that these added measures will better prepare organizations to face inevitable attacks on their cyber infrastructure. These measures are particularly vital as Jamaica moves closer to implementing the Data Protection Act on December 1st.
Derrimon Trading Limited’s CEO, Derrick Cotterell, explained that any business not prepared for cyber attacks will be in serious trouble. He emphasized that cyber attacks are no longer a matter of if, but when they will happen. To enhance their security posture, Derrimon sought assistance from international experts and is implementing additional measures to fend off future attacks.
In conclusion, businesses must recognize the evolving threat landscape and the inefficiency of relying solely on antivirus software. Proactive cybersecurity measures, including advanced endpoint detection and response, incident response plans, and regular training and awareness, are vital to protect against cyber threats. By adopting a layered approach to security, organizations can enhance their resilience and safeguard their critical data and operations.