Data security for a strong cybersecurity posture

Data security presents one of the largest threats to organizations today. With the amount of data breaches outpacing the ability of cybersecurity professionals to keep pace, that danger grows more real every day. Tellistic Technology Services, with over a decade in data and software development, sheds light on organizational data security and how to ring-fence an entire organization’s data estate for easier data governance and compliance.  

Threat landscape is ever evolving

A single incident can cause massive reputational and financial damage. This is especially true in an ever-evolving threat landscape where attackers exploit all possible vulnerabilities. This is exaggerated by the rapid adoption of artificial intelligence (AI), where without adequate security measures and protections, data users can maliciously or accidentally put sensitive business data at risk. The sensitive data that enterprises cannot afford to put at risk include intellectual property, customer data, operational data, and financial forecasts.

Data security incidents are widespread

Data security incidents can happen anywhere within an organization’s data estate and at any time. The most prevalent external risk is phishing attacks where users are deceived into divulging sensitive data or downloading malware. This leads to data compromise by external threats. Some of the internal risks include data theft by malicious insiders, data leakage by negligent insiders, and data sabotage by disgruntled insiders.

Data security incidents are widespread. According to Microsoft Data Security Index report (2023), eighty-three percent (83%) of organizations experience more than one data breach in their lifetime. Also, organizations are experiencing an average of 156 data security incidents annually. The report points out that 20% of data breaches are attributable to insiders. The average cost for remediations to insider threats over a 12-month period averaged $15.4M in 2023. The net impact of these data security incidents remains a constant and pressing concern for data security decision-makers.

Data security challenges demand a holistic approach

Data security is a complex problem that needs to be addressed holistically. Strong prevention or the ability to capture and analyze a wide variety of logs alone isn’t enough. Attacks are happening in minutes and hours – security teams don’t have days or months to respond anymore. And if defenders are stuck working in siloes, attackers will have an edge by moving between all the seams. Customers need to think about a comprehensive approach that delivers real value and impact across the entire lifecycle of threats.

Is your data security ready for the future? With cyberthreats evolving every day, it’s time to upgrade your defenses. Take the first step towards safeguarding your enterprise’s most valuable assets. In our subsequent posts we shed more light on the core pain points that enterprises grapple with and how to handle them using an integrated approach. These include understanding where an organization’s data resides and how it is classified, detecting critical data security risks posed by insiders, protecting data across a multi-cloud and multi-platform environment, governing data, and complying with company policies and regulatory requirements and industry standards. Reach us for a free preliminary audit or talk to our experts at no cost.