Cybersecurity and New Technologies by Amit Kulkarni, EVP-Cybersecurity
As technological change accelerates, cybersecurity risk proliferates
As organizations continue to make technological advancements and embrace digital transformation to enhance performance, they also assume more risk. While some new technologies can improve cybersecurity, others can create vulnerabilities in digital information and decisions based on that data. Cloud-based solutions can sometimes reduce visibility while collecting and querying big data can increase the risk of unintended outcomes. A leading consultant agency's global survey in 2021 found that IoT and cloud services were ranked as very likely threat vectors that could have a significantly negative impact. To address this, organizations can outsource cybersecurity functions to specialized cloud providers and leverage cloud-based cybersecurity services. This can provide visibility into anomalous behavior and indicate potential compromise, enhancing detection and response operations. Machine learning and artificial intelligence can help identify unusual cyber activity and automate necessary defense, detection, and response protocols. Other technological advancements, such as blockchain technologies and multifactor authentication, can improve specific aspects of cybersecurity. Adopting technological change is essential, and organizations that embrace it should constantly search for ways to improve their cybersecurity programs.
Article by Amit Kulkarni, EVP Cybersecurity, Allied Digital Services Limited.