Dynamic Computing Demands Cyber Resilience Amid Ransomware Surge

Lilu Anderson
Photo: Finoracle.net

Dynamic Computing Calls for Cyber Resilience, Not Just Security

This year, the top attack concern is ransomware, marking a shift from last year's focus on DDoS attacks.

Cyber Resilience via LevelBlue

Cyber resilience and security are different. Dynamic computing, which drives innovation, highlights these differences. Understanding them is crucial for better decision-making in any industry.

What is Cyber Resilience?

The LevelBlue Futures report looks into how cybersecurity organizations are performing, their missions, and their impact on business agility. It also identifies new technologies, top attack methods, and barriers to achieving cyber resilience. This year, ransomware is the top attack worry, while DDoS attacks were the top concern last year. Notably, 77% of organizations feel they are at risk due to barriers impacting their cybersecurity resilience strategies.

Difference Between Cyber Resilience and Security

Many organizations confuse cyber resilience with cybersecurity. Cyber resilience involves having a plan to make the business recover from attacks or other catastrophic events, whereas cybersecurity focuses on reducing risks and protection.

Security and Resilience in the Era of Dynamic Computing

The traditional network perimeter is gone. Innovation in IoT, 5G, edge computing, and other techs is outpacing security measures. According to the LevelBlue Futures report, 85% of top executives know that innovation comes with risks, but 74% believe innovation is worth the risk.

Innovations like cashierless checkouts, smart sensors, wearables, and autonomous robots change the role of the security operation center (SOC) in this era. SOC must secure endpoints beyond the usual devices. They also need to protect data and applications. However, 69% of organizations with data analytics capabilities are not using them effectively.

Barriers to Improving Cyber Resilience

One major barrier is the lack of understanding. 72% of governance teams, who set company rules, misunderstand what cyber resilience is. Many executives also don't know much about it, and 74% don't see it as a whole-company concern.

Another issue is that cybersecurity teams often work in isolation, involved too late in projects. Businesses tend to react to breaches or new regulations instead of being proactive.

The biggest current threats are ransomware and business email compromise. Organizations feel somewhat prepared for these but are less confident against DDoS or nation-state attacks.

The Path Forward

Organizations must protect their intellectual property and digital assets. 72% of surveyed organizations say digital transformation is a barrier to cybersecurity resilience, highlighting the need to focus on cyber resilience.

By following these five steps, organizations can create a cyber resilience framework:

  1. Identify barriers
  2. Be secure by design
  3. Align cyber investments with the business
  4. Build a support ecosystem
  5. Transform the cybersecurity strategy

Understanding their risk landscape helps companies leverage new tech for a more secure and innovative future. Cyber resilience is crucial for all businesses. Adopting a proactive approach allows businesses to handle dynamic computing challenges with confidence.

By embracing these measures, businesses can protect all aspects of their operations.

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Lilu Anderson is a technology writer and analyst with over 12 years of experience in the tech industry. A graduate of Stanford University with a degree in Computer Science, Lilu specializes in emerging technologies, software development, and cybersecurity. Her work has been published in renowned tech publications such as Wired, TechCrunch, and Ars Technica. Lilu’s articles are known for their detailed research, clear articulation, and insightful analysis, making them valuable to readers seeking reliable and up-to-date information on technology trends. She actively stays abreast of the latest advancements and regularly participates in industry conferences and tech meetups. With a strong reputation for expertise, authoritativeness, and trustworthiness, Lilu Anderson continues to deliver high-quality content that helps readers understand and navigate the fast-paced world of technology.