Symantec’s Darren Thomson- With cyber attacks receiving a lot of attention from the media and hitting the headlines on an everyday basis, the requirement for your company to have a robust cyber security practice is all the higher.
No organization aspires to become the target of attacks especially after what happened with Equifax, Yahoo, Target, FedEx, and TedTalk, but how can you make sure that your business stays protected from the extensive array of threats that lurk around in the present time?
Symantec is one of the most famous security merchants across the globe today, providing several of big-shot consumers a variety of programs and services directed at protecting their devices and networks.
Yet, the ever-growing character of safety threats implies that establishing your security is becoming more critical than ever.
Getting back to basics
For most individuals, cybersecurity is shifting away from an ‘insurance policy’ – a thing which has to be done, or is the correct thing to do – to becoming a possible competing advantage, Darren Thomson, CTO and VP of EMEA at Symantec, said at the 2018 InfoSecurity Europe conference
This is a sad fact that the cyber security industry is one who needs terrible stuff to occur before nice stuff can happen, he added, emphasizing on the havoc-wrecking WannaCry and NotPetya cyber attacks as chief examples.
WannaCry was a worm/ransomware which infected several devices swiftly across many computer systems in May 2017. After attacking a Windows PC, it would encrypt files on the computer’s hard disk, making them improbable for the victim to access. After that, it would ask a ransom amount to be paid in cryptocurrency in order to decrypt the files.
Thomson added that if he talks to companies in the United Kingdom, they are concentrating less now on the popular futuristic subjects, but they are trying to get the basics clear first.
With budgets allocated to IT increasing as companies are increasingly moving their operations online, the cybersecurity shall play an important role in it, with Chief Information Security Officers and Chief Information Officers having a more primary part in C-level discussions.
Thomson remarks that his task has grown easier in past few years, as security concerns have brought technology to the center of the boardroom. But, he maintains there is still more to be accomplished in order to make sure that businesses stay updated on the recent threats.
For the maximum section, sound security and cyber security application work – just that the prioritization of threat alters, Thomson adds.
It is reasonable to suppose that best method security and privacy can be implemented anyplace, but once you have started it, you are required to speculate about the type of company you are and how will you set priorities.
GDPR as a catalyst
GDPR should confirm to be a significant impetus for companies that are at present wanting or falling behind with respect to cybersecurity and privacy, Thomson states.
Symantec Corp is taking the EU’s GDPR very earnestly – they are positively at the prime edge of the spectrum. They have inspected each and every aspect of what products and services they market and what they do.
He continues that even though the new law should also encourage companies in waking up to the actualities of this latest privacy-conscious era, many of the rules are merely common sense.
The plus side to it is that if the company is mature and consumer-facing, then they would have been following it anyway and if the company wishes to do business in Europe, then they have to take GDPR laws sternly.
People who think May 25th, the day GDPR laws were implemented, was the D-day are senseless- it is merely the beginning of the journey.