Managing Cyber Threats Early With External Monitoring

Media Division | March 26, 2014

In addition to internal monitoring and system security used by national or global firms, financial institutions, government organizations and private entities, external monitoring aids in dealing with potential cyber threats… when it matters the most.

As organizations wake up to the new IT landscape, many are starting to realize it might be a good idea to have external monitoring in place. In many cases, external monitoring will pinpoint what went wrong during a security breach and allow you resurge quickly.

Of course you want internal security, but also someone who views your cyber activity from a vantage point. Here’s how external monitoring helps with threat detection and mitigation

Cyber security compliance & external monitoring

In the first instance, cyber security compliance should be on the agenda at a broad level. The IT department at your company should take adequate measures to ensure the business is safe from cyber threats. This can include monitoring services to ensure the availability, confidentiality and resiliency of your data and systems. Here’s how external monitoring could help:

Detect and mitigate DDoS attacks

The increase in distributed-denial-of-service attacks against popular companies has raised consciousness about cyber monitoring. Hackers are finding their way beyond intrusion detection appliances and automated firewalls, making it difficult for companies to mitigate the effects.

BusinessWire cites a research that reveals that many companies are failing with effective plans and defenses to mitigate the DDoS attack damage.  The survey participants, consisting of almost 100 companies, are still relying on firewalls and 50% of them lack DDoS security technology. The lack of preparation could leave corporate network in the hands of hackers, and potentially cause serious brand damage and loss of revenue.

With external monitoring, you can identify the problem and stop a DDoS attack before it reaches your network. For example, specialized monitoring companies will gather sample packets and pertinent information from routers, switches etc. to establish normal traffic levels, and then use the data for threat detection and reporting. Companies can view network and traffic patterns simultaneously to initiate quick mitigation strategies.

Manage big data applications

Enterprises harnessing the cloud are creating heaps of data every second. Many aspects of big data growth are beneficial for companies, but when issues pertaining to big data applications arise, the whole thing becomes complicated for organizations to manage on their own.

There were some major big data breach incidents last year. Attackers stole customer account information for 150 million users from Adobe, along with credit card information of 3 million customers. Target was also a victim when credit- and debit-card details of 40 million customers were compromised.

While external monitoring may not be a magic bullet  against big data and its application vulnerabilities, it will provide feedback in real-time, regardless of the amount of data being processed, allowing your IT department to spend more time managing big data applications and less in sifting over database. The ability to monitor adversary activities and hostile locations give these services the advantage over other measures.

Control cyber reputation

Negative statements and rumors can spread about your company in an instant. The longer you wait to deal with these statements, the more damage will be caused to your reputation.

But here’s the kicker – you can crash and burn by dedicating too much time and resources to manage your own reputation. And having your secretary reply to unhappy customers on social media isn’t smart either. Most companies inadequately manage their reputation in general and the risks involved in particular according to Harvard Business Review.

The good news is cyber monitoring, covering all walled garden sites and foreign equivalents, can help you retain your reputation and the trust of your investors, partners, vendors and clients at all times.

Summing it up

Internal monitoring and security combined with external monitoring should be integrated in every organization’s IT service protocol. If these services can help you in detecting and mitigating issues, even before they happen, that will make the job of dealing with dealing with security threats a whole lot easier.

With Strixus Global cyber monitoring, it is possible to identify cyber security and reputation threats with high level precision and react accordingly and promptly through appropriate channels.

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