A Guide to Understanding the Difference Between SIEM and SOC Solution

 Do you feel overwhelmed with all the security acronyms floating around? SIEM and SOC are two of the most popular acronyms in the security world. But what do they mean and what is the difference between them? A SIEM (Security Information and Event Management) solution is a platform that collects, analyzes, and correlates security data from different sources. It helps organizations detect and respond to threats in a timely manner. On the other hand, a SOC (Security Operations Center) is a team of security professionals responsible for monitoring, analyzing, and responding to security incidents. In this guide, we’ll explain the main differences between a SIEM and SOC solution, so you can identify which one is the best fit for your organization.

What is a SIEM Solution?

A SIEM solution collects, analyzes, and correlates different security data from different sources. It can collect data from network sensors, log management tools, endpoint security tools, etc. Once the data is collected, it’s sent to the central SIEM server where it’s stored and made available for analysis.

The SIEM solution provides a centralized view of all security events happening in your organization, regardless of the source of the data. The data collected by the SIEM includes security events like log data, network flow data, threat intelligence data, vulnerability data, etc. At the core of a SIEM solution is a security analytics engine. It’s responsible for normalizing and correlating the data collected from different sources. It’s an ideal solution for organizations with distributed IT environments. The SIEM solution allows security teams to centralize security data from different locations in the organization and correlate it with other data to identify threats.

SIEMs include the following critical information:

• Multi-source log aggregation
• Threat intelligence
• Organizing and correlating events to make analysis easier
• Advanced analytics visualization
• Customized dashboards for analytics
• A threat-hunting tool to identify currently compromised resources
• Investigation tools for cyber-incidents

What is a SOC Solution?

The term SOC refers to a Security Operations Center — an organization that manages security incidents. A SOC solution is an on-premises solution that is designed to detect and respond to security incidents. The SOC solution collects security logs, network flow data, vulnerability data, threat intelligence data, etc. It sends this data to different sources like SIEM, ticketing, or collaboration tools, and other systems.

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Why managing your network infrastructure is pivotal for your business?

The core of your business is your network infrastructure. But for it to work well, it needs the appropriate assistance, which comes in the shape of a robust network infrastructure. So what precisely is network infrastructure? How can you make sure you’re utilizing it to its fullest potential?

An organization’s agility and productivity in the digital age depend on more than just dedicated staff and top-notch resources. A strong, pristine, secure network infrastructure is also necessary for seamless functioning. You risk having security problems and a poor user experience without the proper network infrastructure in place, which can reduce staff productivity, cost you money, and hurt your brand.

What does Network Infrastructure mean?

All of a network’s resources that enable connecting to a network or the internet, network management, business operations, and communication are collectively referred to as network infrastructure. The hardware, software, systems, and devices that make up network infrastructure allow for computation and communication between users, services, applications, and processes. The network infrastructure of a system is made up of everything connected to it, from wireless routers to servers. Effective communication and service between users, applications, services, devices, and other entities are made possible by network infrastructure.

Why managing Network Infrastructure is ultra-critical 

Both a dependable IT system and qualified personnel are essential, but neither is sufficient without a robust network backbone. A network infrastructure makes it possible to connect and communicate, both of which are essential for a business to succeed. Simply, hardware and software used in IT systems aren’t very useful without a reliable network infrastructure. Organizational excellence depends on having a strong, secure, and clean network infrastructure.

Regardless of your network’s purpose or use, it must act as a platform for all of your organization’s applications and functions. This entails creating an infrastructure that may offer a granular charge on a smaller scale while also serving as a single item of assistance for the IT administrators in your company.

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Best Security Operations Center (SOC) Practices for your organization

Security ratings are increasingly important in security operations centers (SOC). To effectively contribute to the development of organizational-wide security culture, security analysts must learn to read, analyze, and report security ratings. Here, we go over how analysts may create a security operations center that effectively uses ratings to assess and reduce cyber threats.

Security Operations Center and its working – 

A security operations center serves as the focal point for an organization’s monitoring, detection, response, and analysis of cyber threats. The SOC constantly keeps an eye on everything, including internal network traffic, desktop PCs, servers, endpoint devices, the Internet of Things (IoT), databases, and other things.

SOC team members often aren’t focused on creating the security strategy itself; instead, they’re there to put that strategy into action, which includes putting defensive measures in place as needed and assessing the fallout after an incident. Teams employ technology to collect data, check endpoints for vulnerabilities, and verify regulatory compliance while protecting sensitive data.

A clearly defined security strategy that is in line with corporate objectives forms the basis of the SOC’s activity. From then, a variety of tools, features, and functions must be used to build and maintain your infrastructure to deploy and support the plan.

Your Best Practices for a Successful Security Operations Center

The security operations center’s position in an organization is crucial since the threat landscape is constantly changing and growing. In order for the security operations center to fulfill its role of safeguarding business assets against cyberattacks, it must be efficient and well-organized. Here, we list the top 7 ways to build up a successful security operations center.

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A Good Strategy – To Scale up your Business

 

Data has become an invaluable asset for businesses of any type and size or industry. To put this data to use and yield value for a business, requires developing a Data Strategy. Businesses across the globe invest heavily in gathering, analyzing, organizing data, and churning it for multiple uses, which can be quite challenging. Developing a Data Strategy assists organizations to utilize the data extensively without compromising on resources.

Organized data gives clarity to making important decisions and other strategic actions for the business. Since Data has become a precious resource, security becomes the highest priority. As more and more businesses are shifting towards digital transformation, staying on par with business trends is essential while also protecting the business data from hacking and cyber-attacks is equally crucial.

To Implement a Data Strategy

Importance of Data Strategy – Why your business needs a (modernized) data strategy?

• Un-organized and steady moving organizational processes
• Un-structured and duplicated data with quality issues
• Capability issue to analyze business workings to churn the data for the right use
• Unable to identify the business’s growing needs and market trends
• Lack of clarity in terms of segregating the data at hand
• Work repetition and errors waste resource time

Factors to Consider

To implement a data strategy, an organization needs to have concrete plans and financial investments in place to follow through. The IT team and management personnel must be at the forefront of running the entire activity along with support from the entire organization.

Before beginning with the data strategy implementation process, organizations should consider the following

• Consulting management and organization leaders
• Analyzing and evaluating how data is being used by various teams such as engineers, data analytics teams, business development/sales, etc.
• Organize data by the target market size and needs
• Administer the new analytics solution (Install, configure, and maintain)
• Monitoring all the other policies, guidelines and compliances are in order

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Why Hybrid Cloud for Disaster Recovery?

So you have an on-premises data backup, but is it sufficient for a business continuity plan?

Many businesses these days work on various cloud deployment models; some majorly used cloud deployment models are public cloud, private cloud, and the mix of public and private, which is the hybrid and multi-cloud model.

If your business needs a perfect deployment model, talk to our Solution Architect now.

Here is a gist of different cloud deployment models:

Public cloud 

The term “public cloud” refers to computing services made available to anybody who wishes to use or buy them via the public Internet by third-party providers. In addition, free or on-demand sales options are available, allowing users to pay only for the CPU cycles, storage, or bandwidth they use.

Private Cloud

Private cloud deployment is a cloud computing model that provides dedicated resources to a single client. The private cloud offers similar benefits to the public cloud, such as scalability and self-service, but via a proprietary architecture. In contrast to public clouds, which provide services to numerous businesses, private clouds, often referred to as internal or corporate clouds, are focused on the requirements and objectives of a single enterprise.

Hybrid Cloud

A hybrid cloud is one in which applications run in many environments simultaneously. Because nearly no one nowadays relies only on the public cloud, hybrid cloud computing options are becoming increasingly popular. Over the last few decades, many of you have invested millions of dollars and hours in on-premises infrastructure. Combining a public and private cloud environment, such as an on-premises data center, and a public cloud computing environment, such as ESDS Cloud, is the most typical hybrid cloud example.

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Getting Familiar with the Heterogeneous & Homogenous Cloud Platform-The Hybrid Cloud

Many organizations, from SMBs to banking sectors to government organizations, are shifting toward a cloud-first policy. In this case, choosing the cloud deployment model and solution starts with knowing the requirements of your organization. A lot of decision-making is included while learning the cloud strategy that would fit well with your organization’s essentials.

Most organizations opt for a combination of private and public cloud, a hybrid cloud structure.

Getting a hybrid cloud again involves selecting from the heterogeneous and homogenous structures.

Let us dive deep into the Hybrid Cloud deployment model.

The Hybrid Cloud

A hybrid cloud environment combines on-premises infrastructure, private cloud services, and a public cloud, with orchestration across the various platforms. You have a hybrid cloud infrastructure if you use a combination of public clouds, on-premises computing, and private clouds in your data center.

Simply put, a hybrid cloud is one in which applications run in multiple environments simultaneously. Because almost no one today relies solely on the public, private, or on-premise, hybrid cloud computing approaches are becoming increasingly popular.

Over the last few decades, many organizations have invested millions of dollars and hours in on-premises infrastructure. Combining a public and private cloud environment, such as an on-premises data center, and a public cloud-computing environment, such as ESDS Cloud, is the most common hybrid cloud example.

As discussed, a hybrid cloud comes in a homogenous and heterogeneous structure, and another choice must be, selecting a heterogeneous or homogeneous structure.

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Cloud Computing and Solutions in the Age of 5G

Experts in telecommunications have finally gotten to the fifth generation of mobile connectivity, or 5G. The 4G network, which was devised in the 2000s, optimized the speeds at which our mobile devices operated on. With this technology on board, we could record and view high-definition videos, browse the internet at fast speeds, and even make high-definition video calls. But now that we have a 5G network, things will get more engaging, and cloud computing is particularly relevant.

In just a few years, it has transformed from a technology that was barely discussed to one that is poised to change the face of connectivity — and not just for smartphones. Cloud computing is fundamental for a healthy business infrastructure, and 5G is pivotal for empowering them to intake data in real-time. 5G will unleash tremendous computational power.

Consider operating a business virtually; in this case you need high-speed data storage and transfer. Low latency, greater capacity, and faster network speeds of 5G will be a catalyst for cloud computing. Next-generation networks will accelerate cloud adoption for businesses.

How Is Cloud Computing Influenced By 5G Technology?

5G and cloud computing are shaping the future of business. This technology will have a massive impact on your cloud computing operations. As desktop computers are being replaced by mobile devices, we will rely on the cloud for greater speeds & efficiency. To achieve this, 5G technology is essential for a higher level of data transmission.

Previously, cloud computing was hindered by limitations with augmented reality. It usually had to process information in a centralized location, which made it vulnerable to hacking. This will no longer be a problem because it can process information anywhere and still be able to interact with an augmented world.

For instance, the improved speed and service dependability of 5G will benefit unified communications services used by businesses. Everyday mobile apps are also cloud-dependent and will improve as 5G’s low latency capabilities become available. This entails faster, smoother transfers and improvements over current 4G connectivity.

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Your organization’s best practices for building Data backups

In the contemporary digital environment, security lapses and associated data loss are growing more frequent. In the event of a tragedy, the question is not “when,” but rather “how prepared are you?” Organizations should therefore develop solutions to guarantee that their information/data is secure and available at all times. Because of this, data backups and disaster recovery plans are crucial.

It’s interesting to note that over 96% of business workstations lack data backups and recovery systems, putting a lot of critical data at risk. However, organizations have gradually begun to see the value of data backups and disaster recovery solutions, particularly when employing cloud services.

Here are a few facts demonstrating the significance of backing up your data. Have you heard?

21% of SMBs have never created a backup.

Accidents account for 29% of data loss incidents.

Malware has already infected 30% of all machines.

Losing pictures, media, and business files can be devastating for the average person. However, deleting data or restricting access to your data can be disastrous for a business. Hard drives in data centers fail. That is merely a reality. You can use them for three to four years if you’re lucky. According to a report published by an online data backup provider, 90% of their hard drives lasted three years, and 80% lasted four years. However, 5% of them also failed during the first year.

However, this takes into account errors from routine use. Natural calamities, human mistakes, viruses, and ransomware are all part of our daily lives. Therefore, the best course of action is to assume that data loss will occur when it does rather than if. We take data seriously at ESDS. It is an organization’s trustworthy source of life. It fosters new revenue streams, enhances customer experiences, and speeds up innovation. It must be safeguarded.

To assist you in becoming comfortable with data backup terminologies and best practices, we’d like to share a brief primer with you today in honor of World Backup Day. So read on, share what you learn, and remember always to back up your data!

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Business Continuity Plan and Disaster Recovery: Why does your Business need both?

 In sum, hardware issues account for 45% of unplanned downtime. The loss of power (35%), software failure (34%), data corruption (24%), external security breaches (23%), and unintentional user error (20%) are all followed by this.

According to data from Seagate, human errors, such as accidental data loss, improper device management, and other incidents, account for 22% of downtime events. Only 5% of business downtime, according to Seagate, is due to natural disasters. We believe that many corporate leaders lack a solid understanding of business continuity plans and catastrophe recovery plans based on those figures and summaries.

Business continuity is the strength of an organization to continue key operations both during and after a crisis. With the intention of preventing interruptions to mission-critical services and resuming full organization function as quickly and easily as possible, a business continuity plan establishes risk assessment methodologies and procedures.

While we see the other end, a disaster recovery plan is a written declaration created by a corporation that provides detailed instructions on how to handle unforeseen circumstances like natural disasters, blackouts, cyber-attacks, and other disruptive occurrences.

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Application Modernization – Why is it a must for your business?

Application modernization is the process of repurposing, restructuring, or consolidating existing business applications to better match their requirements with those of the market and its competitors. A legacy app can be made more modern by upgrading its technology stack, improving its application architecture, moving to a new, more current platform, or simply adding cutting-edge functionality using edge technologies.

The majority of firms believe that modernizing applications is only necessary for organizations using outdated legacy systems. However, it is a presumption that needs to be disproved to confine modernization to legacy apps.

Applications that are out-of-date or on the approach of expiring cannot be the only ones that are modernized. Even a recently developed enterprise application might be seen through a more contemporary and futuristic lens. It makes sense that today’s freshly released enterprise systems are also aiming for digital transformation by developing into next-generation apps or augmenting into business- and customer-centric processes and applications that use AI and VR.

It makes sense that the market for application modernization services is expected to increase from $11.4 billion in 2020 to $24.8 billion in 2025. Undoubtedly, it is now a top issue for many business owners.

Still not convinced that modernizing applications is a good idea? Continue reading to learn more.

Why does your business need to modernize applications?

The term “digital transformation” has gained popularity in recent years. However, as most companies discovered the value of being digitally present to meet the needs of clients who are digitally conscious while physically distant, the epidemic increased its use. Companies moved even closer to this after Microsoft said it would “see two years’ worth of digital transformation in two months.”

However, enterprises seeking digital transformation face significant difficulty due to the monolithic design used by outdated systems. In a time when business applications were thriving in Low-Code/No-Code settings, these programs were still running on dated, heavy technologies. While more recent programs employed microservices and APIs to communicate with one another, even the smallest third-party integration for these legacy systems required complete development teams. Businesses obviously needed a makeover. Application modernization provided this, too.

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A Complete Guide to Privileged Access Management (PAM)

 A system for information security called privileged access management (PAM) protects identities with privileged access or skills above and beyond those of regular users. PAM functions through a combination of people, processes, and technology.

Due to the privileged risk accounts pose to the technological environment, we handle them cautiously. For instance, if someone were to misuse the administrator or service account credentials, the organization’s systems and private information might be compromised. Threat actors compromising privileged access accounts cause data breaches. We need to add more levels of security because, in a technological environment, these accounts contain the keys to unlock every door. A solution for Privileged Access Management provides further security.

What does Privileged Access Management Do?

A crucial security measure is privileged access management, which makes it easier for enterprises to define, track, and manage privileged access across all of their IT systems, applications, and infrastructure. In order to provide people only the access they require, PAM solutions impose the least privileged access and centralize management of administrator roles.

Technical restrictions limit access to only authorized users and can make use of better authentication techniques, thus privileged access management technologies reduce the need to share passwords. By upholding the principle of least privilege, which demands that users only have the access necessary to perform their job functions, it also fights insider threats and privilege abuse. Superusers with unlimited access can be removed by tying access to job positions and consequently, individual accounts. For high-risk servers, these technologies might additionally demand additional authorization, boosting security. Finally, user accountability is provided through privileged access management using tools like keystroke tracking.

Why Is Privileged Access Management Essential?

In order to safeguard their data and systems against unauthorized users, many businesses now place a high focus on controlling privileged access effectively. That’s because unauthorized access has the potential to damage sensitive information, reveal valuable business data, and have a negative impact on system dependability. Privileged accounts frequently offer a simple means to access a company’s platforms, networks, and systems. Additionally, given the recent significant upheaval in the workforce, they create a significant opportunity for threat actors.

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3 Reasons Why Community Cloud Is The Cloud Of The Future

In its initial days and forms, cloud services were industry neutral with horizontal offerings. It was for everyone, similar to any other public service like electricity or water, hence classified as Public Cloud. But, the scenario is rapidly changing, and what we see now is the future of the cloud with an industry-specific list of required services and offerings.

For the time being, the further progress of the cloud will depend on the ability of cloud technologies to adapt to and apply customized business requirements. This is now considered the next step to enhancing the cloud adoption process. It differs from a public, private, or hybrid cloud and is termed a community or vertical cloud.

What is Community Cloud?

A community cloud is a single, sector-specific solution that combines the advantages and capabilities of various cloud types (Banks, insurance, government, enterprise, etc.). It is also best suited for organizations working on related applications, research topics, or projects that require the same resources. A community cloud is an example of a private cloud that provides specialized infrastructure for businesses from a particular community with shared concerns about security, compliance, jurisdiction, etc. When it comes to cost-effectiveness, privacy, and security, it is the perfect answer.

1. Rising Demand for Community Cloud

Recently, we’ve seen many major Cloud Service Providers offering Community Cloud Services, whether Government Community Cloud, Banking Community Cloud, or Enterprise Community Cloud, each offering particular services for the prescribed business vertical. The key differentiators are each cloud vertical’s technical, security, and compliance tools. However, the true potential of these communities is yet to be achieved with the requirement of vertical cloud or community cloud services for emerging business verticals like IoT, Healthcare, e-Commerce, Insurance, Autonomous Vehicles, etc., as each one of these business verticals is going to have requirement of specialized tools with specific compliance configurations, security, and performance-based upon a uniform data model.

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Application Migration to the Cloud: How to get it right?

Organizations must move to the cloud if they want to increase app performance, have scalability, and be cost-effective. However, because the majority of apps are not initially created as cloud-native, moving programmes to the cloud is a challenging process. This approach is fraught with difficulties and problems, including application reworks, security holes, and unforeseen costs. To make the transition to the cloud go smoothly, substantial planning is required.

Because cloud providers offer consistent pay-as-you-go pricing, scalability, or flexibility, historically, businesses have desired to shift their applications to the cloud. They now desire conditions that encourage innovation.

What is Application Migration?

Moving software programmes from one computing environment to another is referred to as application migration. This can involve moving applications from one data centre to another, from a public to a private cloud, or from an organization’s internal server to the environment of a cloud provider.

Applications are frequently created for a single cloud platform or to function in a specific environment on a specific operating system. As a result, transferring an application to a different setting can be difficult.

Businesses may access the public cloud while maintaining the privacy of their data thanks to hybrid cloud environments, which include the characteristics of both public and private cloud environments. Companies can use the flexibility and computing power of the public cloud for straightforward and non-sensitive computing tasks, while still keeping business-critical apps and data on-site and safely secured behind a company firewall.

Even within the same environment, different apps will require various routes to the cloud.

How to create your Application Migration Strategy?

For your organization, the best application migration strategies are the 5Rs: Re-host, Refactor, Revise, Rebuild, and Replace. These 5 R’s stand for the following:

Re Host

Re-hosting is a primary step in application migration which entails moving your organization’s current apps from their on-site configuration to the cloud. The process of copying and pasting your programmes from your setup onto the cloud is what it is, in the simplest words. As you are simply moving the programme without making any alterations, this is the simplest option with the lowest risk. Because businesses do not have to worry about operational and infrastructural expenditures, this technique is also cost-effective.

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Top 10 Cloud Computing Trends for 2023

The market for public cloud services in India will grow 29.6% from 2021 to $7.3 billion by the end of 2022, predicts Gartner. Since remote working options were made possible by the pandemic of the past two years, every firm was compelled to embrace cloud platforms like never before. It paved the path for businesses to integrate cloud technologies into their operations for more flexibility in such turbulent times. Every corporation wanting business continuity, cost reduction, and enhanced future scalability must now use cloud computing.

The following are some of the biggest cloud computing trends for 2023

1. Multi and Hybrid Cloud Deployment

According to Gartner’s forecasts, more than 75% of midsize and large enterprises must have adopted a multi-cloud or hybrid IT strategy by the end of 2021. Over 90% of businesses will choose a hybrid cloud solution architecture in 2021, according to the IDC analysis, which combines on-premise, dedicated private clouds, several public clouds, and legacy platforms.

The reason is that businesses now understand that data management involves combining a variety of appropriate cloud deployment strategies rather than relying solely on one cloud platform or architecture. A lot of businesses will want more than one vendor for hybrid or multi-cloud deployment in 2023 to get the most out of each solution. A hybrid cloud architecture offers a combination of public and private clouds dedicated to a specific company whose data is their key business driver, such as insurance, banks, etc. Consequently, Multi and Hybrid Cloud Deployment will be among the top cloud computing trends in 2023 and the years to come.

2. Edge Computing

Here is a brief explanation of edge computing in case you’re unclear. In edge computing, data is stored, processed, and analyzed geographically closer to its source. Edge computing applications that process and analyze data at the network’s edge are expanding as a result of the increasing use of 5G. Greater privacy, security, speed, and efficiency are ensured by edge computing. Edge computing also allows companies to streamline operations, automate procedures, boost performance, and, most importantly, accelerate their digital transformation.

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Why being cyber resilient is a must for your business

 As the globe is getting digitally connected, corporate systems are growing more vulnerable to evolving cyber security risks. High-profile security incidents continued to dominate news headlines in 2021.

cyber resilient for your business

Notably, we saw a concerning increase in ransomware-related data breach events, which increased by 82% in 2021. Attacks on the software supply chain rose by 650% over the course of the year as malicious actors deliberately pushed upstream to disrupt systems by infiltrating open-source software.

Business executives and IT teams need to approach cyber security with the attitude that “it’s not simply an issue of if an event will occur, it’s a matter of when” as they progress into 2022.

order to keep the operation of your company from coming to a complete stop, you must also think about how your systems will react to and recover from a catastrophe and also consider outsourcing with Security insight services that shield you from probable massive damage.

The idea of cyber resilience comes into focus at this point. This article will get you details about the idea and look at various strategies you can utilize to increase the cyber resilience of your company. We’ll focus on the function of backups in developing and putting into practice your cyber resilience strategy.

What is cyber resilience?

Cyber resilience is described as “the ability to predict, withstand, recover from, and adapt to adverse situations, pressures, attacks, or compromises on systems that use or are enabled by cyber resources”

what is cyber resilience?

Consider cyber resilience as being “fit” or “primed” digitally. It involves maintaining your company’s data and devices online despite any security dangers that may arise.

Achieving true cyber resilience needs various techniques and levels of security for humans, systems, data, networks, and devices; it is not a one-dimensional or one-time effort. This tactic is frequently referred to as “defense-in-depth.”

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Cloud Data Security: How to Get it Right?

So you are prepared to shift your organizational data to the cloud because that is the need of the day. But, worried about the security risks associated with moving from on-premises to the cloud?

As every problem has a solution, cloud data security issues also have solutions. 

Cloud computing benefits organizations across multiple industries. Some are just starting their migration journey as part of their digital transformation initiatives, and others are implementing advanced multi-cloud, hybrid strategies. However, it is challenging to ensure data security in cloud computing at any level of adoption since the technology may entail unique threats.

The risks and complexities of data governance and security models must be considered when developing a process for securing and ensuring cloud data security and integrity.

The Evolving Business Environment and its Impact on Cloud Security

Organizations seeking digital transformation are investing in strengthening cybersecurity activities as early as possible. In addition, the growing popularity of remote and hybrid workplaces is causing a paradigm change in cybersecurity, altering investment priorities.

Cloud computing offers various strategies to improve resilience and provide employees with the flexibility to work from anywhere. However, many cloud services lack built-in security solutions, emphasizing the importance of data security in cloud computing. But cloud service providers like ESDS still offer the best-managed security and SOC services.

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Cybersecurity Mesh – How does it impact your business?

As digital transformation is rapidly accelerating, more businesses are adapting to this current trend. Now the hybrid work environment is also catching up, organizations are faced with new challenges as we are steering away from the traditional network infrastructure. While the hybrid work model comes with its own set of comfort, flexibility, and productivity it also brings in certain risks and complexity. A majority of the staff is working remotely, and control over data and its security has become less rigid leaving the vulnerabilities exposed. Now how to keep the security intact and not let the vulnerabilities prone to hackers? Cybersecurity Mesh, which acts as a cyber-defense strategy with a more holistic approach. While regular security practices use a single perimeter to secure an entire IT environment, Cybersecurity Mesh on the other hand secures each device with its perimeter independently. 

The traditional network perimeter has now become a diverse network that manages infrastructure, remote machines, and their uses, cloud technologies along with IoT devices. Organizations that are adapting to this approach with their remote work model gain access to data and more control over policies implementing new technologies. Industries such as banking, manufacturing, or government are still very much following the traditional practice. Businesses of larger sizes have complex IT architecture hence they need a more distributed model. To run the business smoothly in today’s competitive market organizations are inching more towards a data processing edge and relying on multiple cloud implementations.

Now that we have understood what Cybersecurity Mesh is, let’s understand its top benefits…

What is the main purpose of Cybersecurity Mesh also known as a Cyber Security Mesh Architecture CSMA for an organization?

To provide the best of cyber security it takes the approach of helping organizations evolve to the new and latest security systems rather than the outdated ones. The crucial aspects of it include increasing the operability of various security tools while improving their agility and strengthening the overall security systems. Given the market pace and unpredictability, with the help is cybersecurity mesh organizations get a more distributed architectural approach. This also helps in getting a standardized responsive security pattern. Apart from the basic important aspects such as scalability, flexibility, and more reliable, Cybersecurity Mesh also prevents the network from hackers.

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Disaster Recovery as a Service: Can Financial Services Rely on It?

Whether because of cyberattacks, natural disasters, or simple human errors, downtime can drastically impair banking operations, and financial institutions take that threat seriously.

What’s missing from most of the DR strategies? Cloud-based Disaster Recovery-as-a-Service. Until it’s too late, disaster recovery rarely gets the attention it needs in any business. In the past, the global pandemic made many companies realize their disaster recovery policies were inadequate, requiring them to adapt. A recent study found that 96% of banks and insurance organizations had a disaster recovery – DR plan in place. Among these, 86% rely on data replication, 85% make backups, and 68% create functional infrastructure designs for high availability. It may come down to outsourcing management tasks to the cloud to improve DR in the financial sector. Disaster Recovery as a Service (DRaaS) gives near-real-time redundancy to critical operations while shifting the responsibility for testing and failover to the cloud provider.

Being a financial institution, you can significantly gain from shifting to cloud-based disaster recovery as a service (DRaaS). You can test more frequently with DRaaS because testing is typically automated and unobtrusive. If you need additional assistance, the provider can package DRaaS contracts with testing services and failover assistance. Beyond increasing the frequency and ease of testing, DRaaS providers offer with the assurance of power, cooling, and physical security features necessary to maintain their data and the fact of being well-prepared to handle 

server failures and other unforeseen events. The cloud DRaaS also reduces the costs of data recovery. By leveraging on-demand pricing, financial institutions can facilitate geographic redundancy and avoid paying for computing charges until the site is activated.

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