GRC Viewpoint

Data Vulnerability: The Biggest Challenge Faced by the Contemporary Security Industry

Data and cyber security have been the top priorities for the current security industry. The pervasiveness of the enormous data volumes that require utmost protection is an urgent concern. There have been comprehensive approaches to prevent this by the entire industry.  Investments continue to happen, and in-depth research and surveys are taking place constantly. However, data breaches still occur. In addition, hackers continue to invent new cyberattacks, turning the existing anti-measures highly obsolete.

Experts are reeling under pressure to introduce cutting-edge technology to make the available data less susceptible to cyber-crimes and to invent innovative solutions.

Data Vulnerability in the Covid-hit Industry

2021 is about to end, and the world is still a far cry from total recovery from the worst impacts of the pandemic. The security industry is no exception. The last few years have been significantly different and complex for the security space. The pandemic has led to new challenges in terms of cyber vulnerabilities. Data vulnerability is undoubtedly the most significant among them.

The coronavirus has altered the existing methods, and IT experts are forced to redirect their efforts towards tackling the totally different business demands, transforming working environments and constantly evolving data forms. Consequently, the presence of sufficient data security along with a solid enterprise-wide security culture is the top priority for the current CISOs.

With the work-from-home culture here to stay, vast amounts of data will be created outside of safe and conventional work environments. In this scenario, extending highly secure data and user access will be paramount.

The vast volumes of data involved will make it totally difficult to safeguard sensitive information in these changing times. Therefore, what the present world requires would be automated and highly inclusive structures of data protection techniques and strategies.

Besides the work from home culture, the coronavirus has fuelled critical digital transformations, including the move to the cloud and the extension of enterprise networks. As a direct consequence of these developments, infrastructure perimeters have been non-existent. As a result, there have been several data vulnerabilities across the wide enterprise networks and managing data safety has become more demanding than ever.

The ever-increasing regulatory and compliance requirements have been an undisputed catalyst for data security vulnerabilities within enterprises across the globe. In these altered times, anybody can have an exposure to data threats. Therefore, it is more than critical to get assistance from reliable advisors in implementing suitable control methods.

With different variants of the novel coronavirus surfacing every now and then, the pandemic and the related restrictions are likely to persist beyond 2021. Therefore, the solutions should be implemented accordingly.

Many enterprises have made tremendous investments in their data safety by incorporating point solutions as needed. Yet, the reality is that the effects and the solutions concerning covid-19 have been so enormous that the majority of the firms were unable to manage them with existing security measures or even with slight changes. Large-scale modification or transformation was more than necessary.

A well-defined and robust data protection strategy is mandatory for all enterprises, especially during a phase where the entire world is trying to overcome the ill effects of the coronavirus. The coronavirus and its related restrictions may likely become the new norm. Perhaps, the world has to live with these for several years to come.

Experts say the most significant entrepreneurial challenge would be to keep data safe while maintaining business efficiency while tackling post-pandemic financial constraints. The experts expect a selective approach that would identify the combined processes, technologies, and people investments to extend the safest security controls.

Related Articles

Latest Articles