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The Risk-Based Method to Cybersecurity

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The Risk-Based Method to Cybersecurity

A lot of cyberattacks raised eyebrows in 2017. So, start 2018 off right by ensuring your organization is properly monitoring your security.

· Security Zone ·
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Discover how to provide active runtime protection for your web applications from known and unknown vulnerabilities including Remote Code Execution Attacks.

Hackers and other intruders would very much like to break into a network. A proverbial treasure trove of information may be found hidden within the servers of a network. Then again, if an intruder can break through the security systems, nothing remains hidden. The door has been opened. Any data ceases to be secure. With this image in mind, persons worried about the safety of a network truly must think seriously about upgrading cybersecurity. Among the more critical things to consider would be choosing the right type of cybersecurity to employ.

No, not all forms of cybersecurity follow the exact same model. Certain types of cybersecurity may be a better match for one particular business as opposed to another. In many unfortunate scenarios, a network may be employing an inefficient cybersecurity option. Inefficiency might not be a fully-opened door, but it may be a door fairly easy to pry open. That situation would doubtfully be acceptable. Among the more efficient methods of cybersecurity available are ones delivering risk-based approaches. While more complex, risk-based approaches could lead to instituting a cybersecurity method that works better.

The Risk-Based Approach

Risk assessments entail looking at possible hazards. If someone were to perform a fire hazard risk assessment inside a home, the inspection could uncover frayed electrical wires. The wires have not yet caused an accident, but they present the potential for one. Clearly, it would be better to address the problem long in advance of a fire breaking out. Risk-based approaches to cybersecurity follow a similar methodology. An inspection of the computers and the network seeks to locate the presence of vulnerabilities and security issues. Upon uncovering these things, a security expert can do what is required to fix things. This could include changing hardware, upgrading network visibility tools, and more. Once the necessary level of protection has been put in place, the network's door may prove consistently closed to intrusions.

The Risk-Based Approach and the Big Picture

Risk-based methods do not look at security in a narrow manner. In order to determine the full scope of potential risks, any and every angle would likely be examined when performing a risk assessment. Case in point, risk-based approaches may even take "malicious actors" into consideration. Malicious actors could include persons in a company with legitimate login credentials who perform logins to cause problems for the company. Malicious actors may be people outside of the company who stole or otherwise compromised someone's password.

When a password is compromised, an unauthorized intrusion does not entail a hacking tool looking for vulnerabilities in the framework. Access to a password makes this type of work totally unnecessary. Not taking steps to assess risks regarding compromised passwords and malicious actors may be a dangerous oversight that harms a company in a multitude of ways.

Aversions to the Risk-Based Approach

A variety of thought processes lead some to avoid a risk-based approach. Their current approach may be a reactionary one, but a certain level of acceptable familiarity exists. Keeping the same cybersecurity method in place could also cut down on the need for retraining personnel or changing certain operational rules. Others may look at the cost of risk-based approaches and find the figures too expensive. So, they choose to go with an approach that seemingly saves them money.

Ultimately, if a determination to avoid using a risk-based approach leads to a lower level of security, the decision may prove to be a regrettable one. Dealing with the aftermath of a major security breach could require a massive allocation of personnel assets along with significant cost expenditures. Feelings of regret about not instituting risk-based approaches won't mean anything. The consequences of choosing an alternate approach cannot be avoided after the fact.

Find out how Waratek’s award-winning application security platform can improve the security of your new and legacy applications and platforms with no false positives, code changes or slowing your application.

Topics:
security ,cybersecurity ,cyberattack ,network security ,data security

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