Most of these breaches can be avoided if the companies have strong cybersecurity teams. Most of the IT firms have started focusing on hiring in-house cybersecurity talent. The switch to remote working has further increased the concerns of the IT firms.
Dipesh Kaura, general manager at Kaspersky (South Asia) said, “The importance of cybersecurity cannot be questioned today. Internet users, including work-from-home employees, need to understand how grave these threats can be and have at least an anti-virus/internet security solution and basic cybersecurity awareness to protect themselves online.”
Companies need to constantly upgrade their security infrastructure to battle against the cyberattacks. During these unprecedented times, the sudden rush to go digital has further made it challenging to safeguard the IT infrastructure.
Sujay Vasudevan, vice president, cyber and intelligence solution, South Asia, Mastercard said, “The most widespread threats among corporates include malware, ransomware, phishing attacks, and physical theft. Here, technology plays a pivotal role in bolstering cybersecurity. Measures like multifactor authentication by adding biometrics, dynamic authentication technologies, and artificial intelligence and machine learning (AIML) will help in detecting and containing fraudulent activities faster and quicker. Sensitising people about the risk of such fraudulent activities is also essential to raise awareness about the potential risk. It’s important to educate them on how they can safeguard themselves.”
Many organisations have started investing in inspecting their systems and data. With the increasing organisational complexity, cybersecurity is among the fastest-changing environments. IT and non-IT firms are looking for flexible and scalable solutions that can help in securing digital transformation.