The Cyber Defense eMagazine November Edition for 2023

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Striking The Right Balance: Cloud and Cyber Priorities for SMEs By Mark Allen, Head of cyber, CloudCoCo As small and medium-sized enterprises (SMEs) embark on their digitalization journey, they face a crucial dilemma: Should they prioritize the adoption of cloud solutions or enhance their cyber security defences? Both aspects are essential, but finding the perfect equilibrium can be a daunting task, especially when IT budgets are tight. In this article, we turn to Mark Allen, head of cyber security at UK-based technology firm CloudCoCo, to gain insights into the most pressing priorities for SMEs. Cyber Defense eMagazine – November 2023 Edition 176 Copyright © 2023, Cyber Defense Magazine. All rights reserved worldwide.
Cloud adoption has witnessed a significant surge in recent years, and for good reason. It offers scalable infrastructure, enhanced collaboration tools, and cost-efficiency, among other benefits. The ability to streamline operations, scale services on demand, and respond rapidly to market dynamics has made it an indispensable force in the modern business landscape. Nevertheless, digital transformation brings its own set of challenges. With more data storage, networking components, and virtualized resources in the cloud, the potential for threat actors to exploit vulnerabilities increases. As such, SMEs must carefully weigh the advantages against potential security and privacy risks. Establishing trust among customers and stakeholders is vital for organizations aiming to carve out a strong market presence. However, an excessive focus on cyber security might impede the seamless support that cloud adoption can offer. Striking the perfect balance between these two priorities is essential. Assessing priority factors Cyber security should serve as a foundational consideration that informs cloud strategy, rather than act as an afterthought. Just as every organization has unique needs, the extent of security measures required varies. For instance, a financial services firm handling sensitive customer data will likely need more robust security than a creative agency. Growth aspirations also play a pivotal role; as a business expands, so does the blast radius of potential cyber attacks. Contrary to popular belief, SMEs don't have to exhaust their financial resources. Cyber security can be a significant but necessary investment, but it's about focusing on smart strategies that provide robust protection during the transition to the cloud. These investments should not solely revolve around prevention though, as perpetrators are often one step ahead. Identifying, isolating, and remediating risks at the earliest opportunity should be the focus, as even well-intentioned employees can make mistakes. Securing endpoints should be a top priority. Conducting an in-depth analysis of an SME's existing tech infrastructure – including legacy on-premises systems and elements already in the cloud – can reveal vulnerabilities that are compromising your firm’s security posture and uncover redundant systems that may be inflating budgets. This analysis ensures that systems are truly optimized before proceeding with the cloud transition, as integrating security midmigration poses greater risks. While hyperscalers like AWS, Microsoft, and Google offer valuable services, organisations' cyber security responsibilities do not vanish when migrating to the public cloud. Factors like firewalls, encryption, and endpoints still require careful consideration. Cyber Defense eMagazine – November 2023 Edition 177 Copyright © 2023, Cyber Defense Magazine. All rights reserved worldwide.
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Artificial Deception: The State Of
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Cyber Defense eMagazine - November
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Artificial Deception: The State Of
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Human-in-the-Middle In creating AI
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Securing Infrastructure Against Bre
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enable organisations to make better
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Bolster an Organizational Cybersecu
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in EDP in addition to regular cyber
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prioritize a Secure Software Develo
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6. Deployment: Once the software ha
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Beyond Passwords: AI-Enhanced Authe
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3. Improving the Defensive Cybersec
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7 Steps to Build a Defense in Depth
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As Zombie APIs are essentially forg
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How To Combat the Mounting ‘Hackt
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y pro-Russia hacktivists. These hav
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The Cyber Risk Nightmare and Financ
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fell -11.3%, and underperformed the
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By making this single alteration to
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usiness email communication, data s
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card transactions often comprise a
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4. Create a digital estate plan. Th
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do untold damage to a company’s r
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About the Author Sean Newman is the
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eing monitored to protect against m
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Developers Hold the New Crown Jewel
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the fact that many organizations la
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Expect to Fail: How Organizations C
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The more personnel that you train t
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eing noticed in a practice and some
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than to guess their password, but i
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configurable data privacy. These bu
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Page 143 and 144: adoption is more than just an IT tr
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Page 169 and 170: About the Author Jaye Tillson is a
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