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Tech companies are prime targets for cybercriminals.
This vulnerability extends beyond compromising their systems andcustomer data.
Chief Information Security Officer at Trustwave.
These include:
The technology industry is a treasure trove of valuable, sensitivedata.
From intellectual property and trade secrets to customer information and financial data.
This makes tech companies highly valuable targets for malicious activity aimed at stealing this high-value information.
The tech sector’s relentless pace of innovation means new vulnerabilities continually emerge.
Additionally, the industry’s move fast and break things' mindset too often deprioritizessecurityover speed-to-market.
This baked-in vulnerability jeopardizes not just the company, but every client leveraging their products and services.
The tech sector embraces an open, distributed model to cultivate the creativity needed to drive innovation.
Mobile tech employees become enticing targets for tailored phishing and social engineering attacks aimed at exploiting their privileged access.
This fundamental openness meant to spark brilliance can lead to catastrophic breaches.
Tech companies' products and services are integrated into larger systems, potentially introducing vulnerabilities.
Adding to this, tech firms often rely on numerous third-party technologies themselves.
This dense interconnectedness is especially problematic for software publishers and infrastructure providers with complex supply chains.
Ransomware:Ransomwareattacks surged in the technology sector in 2023, alongside the average ransom demand.
Technology firms are prime targets for a particularly damaging form of ransomware.
This “double extortion” approach puts even more pressure on tech companies.
Like falling dominoes, compromised organizations become more vulnerable to subsequent attacks as their weaknesses are exposed.
Vulnerability Exploitation:Software vulnerabilities introduce security risks that attackers can exploit to bypass key controls and deploy malware.
They frequently target flaws across interconnected technology ecosystems like web apps, data pipe tools, andcloudplatforms.
This leaves firms exposed across their intricate tech stacks.
Ongoing security monitoring and incident response planning are also critical to quickly detecting and mitigating any breaches or attacks.
Zero-trust architectures and other advanced security frameworks play a key role in this effort.
Regularly updating patch systems is crucial.
This includes patching critically vulnerable systems as quickly as possible.
Companies can use auditing tools that flag misconfiguration and user rights, which can help eliminate risk.
However, partnering with the rightcybersecuritypartner can alleviate some of the leg work that goes into securing a company.
We’ve featured the best firewall software.
The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc.
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