Blog Series: Mitigating Risk on the Digital Transformation Journey – Chapter 1
This blog is the first in a series of five articles that emphasize the need for businesses to implement ‘Always-on in Real-time’ DDoS security solutions.
Have you considered the risks that come with digital transformation?
In many cases, organizations transform digitally to either drive efficiencies through the transformation of systems and culture, or to drive growth. Both are essential for the ongoing success and survival of any organization.
Businesses are rapidly responding to the acceleration of digital transformation that, over recent years, has required the introduction and adoption of new technologies. This focus embraces networking as a necessary driver for advancing supply chains, complex financial interactions, and the immediacy of action related to consumer engagement.
The right kind of innovation also conveys a positive message to consumers that market needs are being recognized and understood. This can help to optimize the retention and acquisition of existing and new clients, as well as providing the business with capabilities to divest its portfolio into new or adjacent markets.
Organizations need to ensure that the value of digital transformation outweighs any increase in the existing policies for enterprise risk management or the introduction of new risks. However, both the influence of humans and their actions, coupled with the rapid transformation of technology, means that risk can never be completely eliminated.
The Value vs Risk Conundrum of Digital Transformation
The requirement to find new insights from data, cost reduction opportunities, centralized management in a widening network, increased performance, privacy and delivering value at an individual level is being sought every day. The capabilities and value of technologies such as: edge computing, Internet of Things (IoT), digital applications, software defined networks, 5G, AI, cloud and VPNs (virtual private networks) are at the forefront of innovation value to provide businesses with rousing and immediate operational and organizational benefits.
However, the security risks involved with digital transformation can be an equilibrium to the value of development. Every recognized advancement of value comes with known and future risks that should never be overlooked or underestimated. Here is a simple list to demonstrate how this transformation can impact the value vs risk equation:
- A wider network can be harder to monitor, therefore increases the impact opportunity for malicious disruption
- Inadequate security within IoT increases the threat surface
- A lack of ‘security-by-design’ in cloud operations attracts hackers and their attacks
- Shadow apps lack ‘risk-mitigation’ configuration
- Exponential growth in network attached devices increase the potential of cyber-bots
- Machine learning can bias any outcomes and bypass security detection systems
The value and risks have required business leaders to evaluate the value-to-complexity-to-risk ratio, and any exposures across their ecosystem, at a pace that challenges even the best strategists.
If businesses expect the majority of their new technology to drive immediate value, any risks should be controlled and managed with the same level of immediacy. Innovation should deliver value for the positive aspects of the technology, while also managing the risks, otherwise there will be an imbalance in operational capability. The lack of risk management assumes that the current defensive or reactive approach to risk management will continue to happen only after the event. As a result, executives driving digital transformation needlessly endanger their company, employees and customers to the devastating effects of cyber risk, while personally taking on higher legal and reputation liabilities.
The most effective solution against any risk is the implementation of always-on in real-time decision-making that demonstrates you have considered risks an equilibrium to value, proactively mitigating any risk before the business is impacted.
Always-On in Real-Time
The need for real-time protection is rising. Supposed ‘always-on’ DDoS security offerings may be available, but you must ask the question, are they truly delivering a mitigation response in ‘real-time’?
You may already have a DDoS solution in place. That’s great and should provide some comfort to stretched CISOs. While there are many DDoS offerings available, it is critical to select one that delivers a real-time mitigation response. Even seconds of downtime can be costly to your business.
- When was the last time you considered the impact of a delay in protection processes when subjected to a DDoS attack?
- Is your protection delivered via a scrubbing service that needs to redirect traffic to its cloud before it can even begin to mitigate your DDoS attacks?
- Or, an on-premise service that will incur significant delays detecting and then redirecting affected traffic to an internal scrubbing center?
Corero is dedicated to improving the security, availability, and success of the connected world with always on, real-time DDoS mitigation services.
Corero leads the industry with ‘always-on in real-time’ automatic DDoS mitigation solutions for enterprise, hosting and service provider customers around the world whatever the DDoS attack type. Our offerings span on-premise or cloud-hybrid architectures to deliver highly effective mitigation at sub-second speeds. We preserve access to, and performance of, networks and services in the face of potentially damaging DDoS attacks. Business continuity is maximized, and protection costs are optimized.
Ready to learn more about how Corero supports enterprise, hosting and service provider customers? Download our latest report, powered by analyst firm Omnisperience & SynergySix Degrees: “The need for Always on in Real-Time for DDoS security solutions”.
Corero Network Security is a global leader in real-time, high-performance, automatic DDoS defense solutions. Corero’s industry leading SmartWall and SecureWatch technology protects on-premise, cloud, virtual and hybrid environments with a scalable solution that delivers a more cost-effective economic model than ever before. For more on Corero’s flexible deployment models, click here. If you’d like to learn more, please contact us.
Sean Newman is VP Product Management, responsible for Corero’s product strategy. Sean brings over 25 years of experience in the security and networking industry, to guide Corero’s growing leadership in the real-time DDoS protection market. Prior to joining Corero, Sean’s previous roles include network security Global Product Manager for Cisco, who he joined as part of their acquisition of cyber-security vendor Sourcefire, where he was Security Evangelist and Field Product Manager for EMEA. Prior to that he was Senior Product Manager for endpoint and network security vendor Sophos, after having spent more than 12 years as an Engineer, Engineering Manager and then Senior Product Manager for network infrastructure manufacturer 3Com.