44 On a weekly basis, there is a steady stream of news regarding cybercrime attacks. In fact, the US FBI reports a minimum of a 22% increase in cybercrime activity every year. The data tracking the number of ongoing cyberattacks and the costs associated with compromises continues to increase at an exponential rate. This growth continues despite the fact that most organizations are continually increasing their cybersecurity investments. Change occurs so quickly in the world of cybersecurity risk that many protection systems now check for new threat signatures every few minutes. A primary contributing factor to this rate of change is that cybercriminals are leveraging the same innovative technologies available to the public—but using them to create automated and scalable threats. Most cyberattacks are no longer carefully crafted manual operations. Instead, they’re executed by a countless number of bots or robotic applications designed to launch millions of attacks every second. These attacks now use artificial intelligence to get better at evading defenses and finding vulnerabilities. Below are five of the biggest myths about cybersecurity that many organizations unknowingly fall victim to. Believing these can leave gaps in protection and lead to poor investment decisions. MYTH 1: All Assets Must Be Protected the Same Way Some IT organizations approach their protection strategy with a one-size-fits-all mindset. Think of your organization like a house with many rooms— each with its own doors, windows, and valuables. It would be incredibly expensive (and unnecessary) to put a bank vault on every closet door. In reality, not all rooms contain the same level of valuable items, and the same logic applies to your digital assets. A smarter approach is to segment your environment and prioritize protections based on the value and sensitivity of the data or systems. Your HR files may need a different level of protection than your public-facing website. Highly sensitive or regulated data—such as customer financial information or proprietary research—should be treated like the crown jewels and locked away accordingly. This is known as a “risk-based” approach to cybersecurity, and it helps organizations focus their investments where they matter most. THE 5 BIG MYTHS OF CYBERSECURITY By Brian Scott, President and Chief Information Security Officer, ClearTone Consulting, LLC Technology
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