The acceleration of digital transformation, ever-expanding volumes of big data, and the proliferation of the Internet of Things (IoT) are just some of the factors dramatically changing the way we live, work, and do business. With this comes more opportunities for cyber criminals to cash in organisational vulnerabilities, with remote work alone having increased the average cost of a data breach by $137,000.
It comes as no surprise then that 55% of business executives plan to increase their budgets for cybersecurity in 2021. But with cyber attack numbers and sophistication on the rise, investing in traditional endpoint defences is futile. In other words, it’s no longer good enough to sit back and wait for an attack, and then try to recover from it using a confusing array of manual tools.
Fortunately, through new technology we can now access better defence solutions such as the critical tool of intelligence. From understanding what adversaries are likely to do, to gaining valuable insight into our own defences, gathering this intelligence helps us become better informed and better prepared to anticipate and stop breaches before they happen. But how does this work in the real world, and why should we be shifting from a reactive to proactive approach to security?