Connect with us

Africa

Cyber ​​defense is a critical component of an environmental, social and governance (ESG) strategy, says Kaspersky

Published

on

  As cyber attacks on pipelines water pumping stations and manufacturing plants make the news customers and investors are becoming more aware of the need for organizations to take responsibility for protecting their potential cyber vulnerabilities Cybercrime can have a significant impact on businesses and cybersecurity is critical to the environmental social and governance ESG analysis of a company s sustainability Investment in ESG assets is set https bloom bg 3f9L7vt to grow to 50 trillion by 2025 With ESG forming a key component of financial reporting in South Africa and with many companies in the region on the journey To align with international reporting requirements and standards organizations across the continent are looking for ways to strengthen their reporting portfolios Protection against cyber threats is necessary not only for business continuity but also for the preservation of the environment and human health Therefore ESG programs must include cybersecurity aspects to minimize the risk of the impact of a cyberattack on employees the ecosystem and society as a whole This is particularly relevant for critical infrastructure where organizations tend to experience significantly more severe outcomes from operational technology security issues than others says Bethwel Opil Enterprise Client Lead for Kaspersky in Africa Kaspersky research https bit ly 3LzWA3B found that over the course of 2021 there was a 45 increase in the incidence of spyware on computers used for industrial control system purposes compared to the last year A cyber attack on a security critical power plant or oil and gas facility for example has the potential to have repercussions that affect all components of ESG Additionally Kaspersky found that approximately one third 30 of companies worldwide experience significant operational technology security issues They see four times as many incidents and suffer twice as many financial costs These companies are also more likely to see these cyber risks manifested in terms of physical risk such as injury or death 5 times more likely and environmental damage 2 5 times more likely Cybersecurity takes on a new level of importance for local organizations It s not just about being protected against attacks that can threaten business continuity and damage corporate reputation and from a corporate governance point of view but there is a very real threat to human life and the environment especially when the industrial control system hardware it controls critical infrastructure is attacked says Maria Losyukova Director of Sustainability at Kaspersky As part of an organization s ESG it will be the responsibility of the cybersecurity team leader to document current practices and address issues of concern with robust and measurable security solutions The days of companies simply declaring We have cybersecurity insurance are over Every year it becomes more challenging to secure and protect enterprise level infrastructure and data assets Staff in security operations centers can find themselves Overwhelmed with alerts coming from different cybersecurity components XDR Extended Detection and Response products have emerged as a class of automated information security solutions designed to proactively detect respond to and counter threats at various infrastructure levels complex threats XDR comprises a wide range of tools that security specialists can integrate with available security software and applications to perform data monitoring across endpoints network cloud and mail servers as well as adding analytics capabilities and automation for the detection and elimination of am current and potential threats Opil further comments Implementing an XDR solution gives an organization a complete view of its infrastructure and building an XDR solution with Kaspersky means customers can resist attacks across all their assets manage products from different vendors from a single console respond more quickly to incidents and reduce downtime all of which contribute to meeting ESG standards However the effectiveness of even the most advanced cybersecurity solutions is diminished if organizations do not practice employee training Staff need to be trained on the changing threat landscape using more than traditional methods adds Opil To this end Kaspersky launched its Automated Security Awareness Platform KASAP https ASAP Kaspersky com This is an easy to manage online tool that builds employees cybersecurity skills level by level It provides organizations across all industry sectors with a reusable online tool to launch and run their internal cybersecurity awareness programs concludes Opil Cybersecurity is rapidly becoming more than just a security issue with its environmental social and governance impacts coming to the fore Long term business resilience requires profitable business vitality coupled with a healthy society and environment Investing in cybersecurity today will not only help an organization avoid a breach or insurance claim it will also increase trust reduce risk and contribute to overall economic growth
Cyber ​​defense is a critical component of an environmental, social and governance (ESG) strategy, says Kaspersky

1 As cyber attacks on pipelines, water pumping stations, and manufacturing plants make the news, customers and investors are becoming more aware of the need for organizations to take responsibility for protecting their potential cyber vulnerabilities.

latest nigerian news papers

2 Cybercrime can have a significant impact on businesses, and cybersecurity is critical to the environmental, social and governance (ESG) analysis of a company’s sustainability.

latest nigerian news papers

3 Investment in ESG assets is set (https://bloom.bg/3f9L7vt) to grow to $50 trillion by 2025.

latest nigerian news papers

4 With ESG forming a key component of financial reporting in South Africa, and with many companies in the region on the journey To align with international reporting requirements and standards, organizations across the continent are looking for ways to strengthen their reporting portfolios.

5 Protection against cyber threats is necessary not only for business continuity, but also for the preservation of the environment and human health.

6 Therefore, ESG programs must include cybersecurity aspects to minimize the risk of the impact of a cyberattack on employees, the ecosystem and society as a whole.

7 “This is particularly relevant for critical infrastructure, where organizations tend to experience significantly more severe outcomes from operational technology security issues than others,” says Bethwel Opil, Enterprise Client Lead for Kaspersky in Africa.

8 Kaspersky research (https://bit.ly/3LzWA3B) found that over the course of 2021, there was a 45% increase in the incidence of spyware on computers used for industrial control system purposes compared to the last year.

9 A cyber attack on a security-critical power plant or oil and gas facility, for example, has the potential to have repercussions that affect all components of ESG.

10 Additionally, Kaspersky found that approximately one-third (30%) of companies worldwide experience significant operational technology security issues.

11 They see four times as many incidents and suffer twice as many financial costs.

12 These companies are also more likely to see these cyber risks manifested in terms of physical risk, such as injury or death (5 times more likely) and environmental damage (2.5 times more likely).

13 “Cybersecurity takes on a new level of importance for local organizations.

14 It’s not just about being protected against attacks that can threaten business continuity and damage corporate reputation, and from a corporate governance point of view, but there is a very real threat to human life and the environment, especially when the industrial control system hardware it controls critical infrastructure is attacked,” says Maria Losyukova, Director of Sustainability at Kaspersky.

15 “As part of an organization’s ESG, it will be the responsibility of the cybersecurity team leader to document current practices and address issues of concern with robust and measurable security solutions.

16 The days of companies simply declaring ‘We have cybersecurity insurance’ are over.”

17 Every year it becomes more challenging to secure and protect enterprise-level infrastructure and data assets.

18 Staff in security operations centers can find themselves Overwhelmed with alerts coming from different cybersecurity components, XDR (Extended Detection and Response) products have emerged as a class of automated information security solutions designed to proactively detect, respond to, and counter threats at various infrastructure levels.

19 complex threats XDR comprises a wide range of tools that security specialists can integrate with available security software and applications to perform data monitoring across endpoints, network, cloud, and mail servers, as well as adding analytics capabilities and automation for the detection and elimination of am current and potential threats.

20 Opil further comments: “Implementing an XDR solution gives an organization a complete view of its infrastructure, and building an XDR solution with Kaspersky means customers can resist attacks across all their assets, manage products from different vendors from a single console , respond more quickly to incidents and reduce downtime, all of which contribute to meeting ESG standards.” However, the effectiveness of even the most advanced cybersecurity solutions is diminished if organizations do not practice employee training.

21 “Staff need to be trained on the changing threat landscape using more than traditional methods,” adds Opil. “To this end, Kaspersky launched its Automated Security Awareness Platform (KASAP) (https://ASAP.Kaspersky.com).

22 This is an easy-to-manage online tool that builds employees’ cybersecurity skills level by level.

23 It provides organizations across all industry sectors with a reusable online tool to launch and run their internal cybersecurity awareness programs,” concludes Opil. Cybersecurity is rapidly becoming more than just a security issue, with its environmental, social, and governance impacts coming to the fore.

24 Long-term business resilience requires profitable business vitality coupled with a healthy society and environment.

25 Investing in cybersecurity today will not only help an organization avoid a breach or insurance claim, it will also increase trust, reduce risk, and contribute to overall economic growth.

new bet9ja shop