Barath Narayanan, Global BFSI and Europe Geo Head at Persistent Systems, explores new responses to a new generation of cyber attacks.

Cyber threats have evolved into a formidable force capable of bringing down even the most technologically advanced organisations today. Ransomware attacks, data breaches, and sophisticated malware are some of the overwhelming challenges businesses face. These types of attack can disrupt operations, incur staggering financial losses, and erode customer trust.

The numbers speak volumes: in the past year alone, 50% of businesses in the UK reported cyber security breaches. Major incidents, on average, cost medium and larger businesses more than £10,000. 

This underscores an urgent need for a strategic approach to cyber resilience, one that requires a fundamental shift in mindset and a relentless pursuit of adaptation and innovation, involving both technical measures and a security-conscious company culture.

It’s About Mindset and Culture: Moving from Response to Resilience 

The ripple effect of these breaches extends far beyond the target company, crippling entire ecosystems. That is why cyber security has catapulted to the top of boardroom agendas. Forward-thinking enterprises understand that cyber security is not a mere IT issue. They understand cybersecurity is a core business risk that demands a comprehensive approach. 

Ensuring business continuity in the face of evolving cyber threats encapsulates the proactive shift in corporate strategies towards cyber resilience. 

In today’s interconnected digital landscape, businesses no longer solely react to cyber threats but embrace resilient frameworks that safeguard operations amidst constant evolution in threat landscapes. This approach transforms cybersecurity from a reactive measure into a strategic asset. Vitally, it ensures that investments in technology and operations are safeguarded against emerging threats. 

As businesses navigate a landscape marked by digital transformation and interconnectedness, cyber resilience emerges as the linchpin for maintaining trust, preserving operational integrity, and sustaining growth in an increasingly digital world.

Building a Strong Foundation for Cybersecurity

Leveraging AI is no longer an option but a necessity. By harnessing the capabilities of AI, enterprises can achieve unprecedented levels of threat detection accuracy (92.5%), reduce false positives (3.2%), and cut response time (40%). 

AI systems can analyse millions of daily attacks, identifying emerging threats through advanced pattern recognition. This bolsters defences against sophisticated attacks. AI is revolutionising the development of secure code and preventing vulnerabilities from appearing in the first place. AI-powered automation can streamline migration, upgrades, and modernization, reducing risks from manual processes.  

Organisations are also adopting AI-enhanced cybersecurity maturity assessments, which help enterprises build robust, adaptive defences in an evolving threat landscape. These should go beyond traditional crisis response plans and encompass the threat landscape. 

Data Loss Prevention (DLP) solutions are crucial, particularly in the era of open banking and third-party applications. These solutions can identify, monitor, and control access to sensitive data and help enterprises respond to attacks while complying with regulations. 

Partnerships with cyber security firms and the integration of threat intelligence feeds can also be leveraged to provide invaluable insights into the latest attack vectors and emerging threats, empowering organisations to stay ahead and fortify their defences. Additionally, incorporating threat intelligence into an incident response plan can significantly reduce post-breach recovery time. 

From SOC to Cyber Fusion Centre 

Transforming a Security Operations Centre (SOC) into a Cyber Fusion Centre represents a strategic evolution in cybersecurity capabilities, aligning defence strategies with the dynamic and interconnected nature of modern threats. 

Unlike traditional SOCs focused primarily on incident response and threat detection, Cyber Fusion Centres integrate intelligence gathering, analytics, and collaboration across teams and technologies. This proactive approach enhances situational awareness by synthesising data from multiple sources—such as network traffic, endpoint devices, and threat intelligence feeds—into actionable insights. By fostering synergy among cybersecurity teams, including analysts, engineers, and incident responders, Cyber Fusion Centres enable rapid detection, response, and mitigation of sophisticated cyber threats. Moreover, these centres facilitate real-time decision-making through advanced automation and orchestration, empowering organisations to pre-emptively address emerging threats before they escalate. 

As cyber threats continue to evolve in complexity and scale, Cyber Fusion Centres emerge as pivotal hubs for orchestrating comprehensive defence strategies that safeguard critical assets, uphold regulatory compliance, and maintain stakeholder trust in an increasingly digital and interconnected world.

Creating firewalls in the boundaryless world of digital ecosystems requires a paradigm shift towards dynamic and adaptive cybersecurity measures. In today’s interconnected landscape, where data flows seamlessly across platforms and devices, traditional perimeter defences are no longer sufficient. Organisations must deploy sophisticated firewalls that not only protect against external threats but also monitor and manage internal risks effectively. 

This entails implementing robust intrusion detection systems, advanced threat analytics, and continuous monitoring protocols. Moreover, integrating firewalls into the fabric of digital ecosystems ensures that security measures evolve alongside technological advancements, providing resilience against ever-evolving cyber threats.

Additional techniques to enhance security include web content filtering, endpoint security agents, file upload application protection, sandbox testing of applications, browser isolation, off-network security filtering for company devices, prevention of unapproved software installations, and revocation of user access when necessary. 

Best Practices for Building Cyber Resilience

To fortify their cyber resilience, enterprises must adopt a holistic approach. This must include an incident response plan, meticulously tested with all relevant teams including IT, legal, communications and human resources. 

This ensures that the roles and responsibilities are spelled out. Pre-established contracts with legal, communications, and forensics specialists can save valuable time after an attack.

This demands a practical strategy, starting with recovery planning that must occur before an attack. An integrated view of application, server, and network vulnerabilities must be accessible to all management levels, leveraging AI-driven threat intelligence.

Regular and mandatory employee training should also be an essential part of this strategy. Many top risks stem from internal behaviour and compromised or stolen devices. 

In today’s connected systems landscape, implementing a Zero-trust model with shared security and compliance across employees, vendors, and partners is essential.

Lastly, always operate with the mindset that the business will be attacked and that attackers are already in your environment. By integrating these strategies, businesses can enhance their resilience and better navigate the modern digital landscape.

  • Cybersecurity

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