Tag: endpoint protection

The terms 'Cybersecurity' and 'Cyber Resilience' often appear interchangeable, which creates confusion. These concepts are related but serve distinct purposes. Both play critical roles in protecting data and ensuring business continuity. However, what are their differences, and why do organisations need both?

The Financial Sector Regulation (FSCA) and the Prudential Authority (PA) published Joint Standard 2 of 2024 on Cybersecurity and Cyber Resilience Requirements on 17 May 2024. The Joint Standard 2 of 2024 (Joint Standard) applies to all financial institutions as defined in the Joint Standard. It sets out the requirements for sound practices and processes relating to cybersecurity and cyber resilience for financial institutions.

The emergence of Edge Artificial Intelligence (AI) is fundamentally transforming the way we think about data processing and decision-making. By shifting data analysis and processing to the very ‘edge’ of a company’s network, decision-makers can ensure their remote offices can access real-time computing across multiple locations.

Even prior to the pandemic, organisations had begun putting in place elements to manage distributed employees whether that be through corporate remote desktop or virtual private networking (VPN) capabilities. However, this was not done at the scale and at a rate required to manage the disruption caused by COVID-19.

Virtualisation in the cloud and the advancement of internet-connected devices have made running industrial systems much more manageable. However, these technologies are also introducing operational environments to new vulnerabilities and risks.

The cyberthreat landscape is constantly evolving, as cybercriminals continue to find vulnerabilities to exploit. Advanced Persistent Threats (APTs) are a growing concern that businesses need to guard against. While these highly targeted attacks are as common as more broadly-targeted events, they are devastating when successful, exposing sensitive data that could ruin business reputation, not to mention causing compliance breaches.

The lockdown has highlighted the importance of cybersecurity as an integrated business process especially given the normalisation of remote working. While the focus has been on safeguarding employee devices, email security has fallen by the wayside.