How Secure is Your Digital Transformation?

Vi Security

Introduction

The modern-day business landscape is uber-dynamic where digital transformation is appraised as the survival kit for any enterprise. The transition to digital from manual allows enterprises to remain agile, productive, and relevant in a market where cut-throat competition is a norm. However, the path isn’t an easy one: studies show that approximately 82% of C-suite executives and IT professionals reported one or multiple data breaches after the implementation of new technology within their operations.

This brings a new perspective to the concept of digital transformation; in the lack of a strong cybersecurity groundwork, implementation of any new tech strategy is a liability in itself. To protect customer data, reputation, and ROI, enterprises must take time out to focus on cybersecurity and lay down robust layers of security. For organisations to remain agile and resilient, making cybersecurity an integral part of the business operations is imperative.  Meanwhile, it would be interesting to watch how the concept of Security-as-a-Service develops over time and how enterprises respond to the same.

A Detailed Overview on Cybersecurity and Current Trends in India

What exactly does a cyberattack really cost? Public relation expenses, regulatory fines, protection expenses, and breach notification are imminent repercussions, but it’s more of a ripple effect, leading to ‘hidden’ expenses. According to Norton, Indian businesses faced around 18 million cyber threats in the Q1 of 2022, with a daily average of 0.2 million threats. A Business Standard study has shown that 81% of Indian businesses feel the threat of ransomware attacks.

Irrespective of its size, every business is vulnerable toward cyberattacks. This is due to the fact that each organisation has some key assets (confidential data, financial information) that cyber criminals may exploit for their own interests. Almost all cyberattacks against businesses have financial gains as the underlying motive, but there are certain other motivations as well such as:

• Making a political or social point through hacktivism
• Data espionage
• Intellectual challenge such as white hat hacking

In the early 70s, when the first virus was detected, the threat was minimal. With the launch of the first anti-virus in 1987, 1990 was practically declared as the virus era that required applied research and adoption of the basic anti-virus as the security layer. The advancing year 2000 brought with it advanced worms and Trojans, forcing enterprises to adopt enhanced security versions. The year 2008 witnessed the first phishing scam in the form of identity theft and now what we are practically dealing with is full blown cyber warfare, requiring the most advanced, multiple security mesh. In recent times, India has witnessed a massive surge in web and DDoS attacks, thus becoming a hub for such cyber threats. In the year 2022, there was a spike of 72% in application layer DDoS attacks and 100% increase in network layer DDoS attacks as compared to the previous year.

In the last few years, cybercrimes have become more widespread, sophisticated, and relentless. And one of the key factors is digitisation. Though a key driver of economic growth, digitisation of processes, data, and products has increased the attack surface area. Increased push toward multichannel integration, close collaboration among different stakeholders has created conjoined, more complicated information flows and supply chains, leading to more opportunities for cyber criminals to exploit data assets at different end points, calling for security solutions that focuses on all levels and end points. 

Why Vi and how we are making a difference in terms of cybersecurity?

While addressing any cyberattack or implementing a security strategy, three key elements should remain at the core:

-        Vulnerability

-        Threat

-        Risk

Vi Security works in close association with enterprises to secure their operations with the most advanced and integrated basket of enterprise security solutions. By synchronising security strategy with business operations, integrating our security solutions to secure digital assets, users, and data, and deploying technology solutions to keep in place key defenses against ever-growing cyber threats, Vi is partnering with conglomerates and SMBs to manage, govern, and keep a check on risks that support the present day hybrid cloud ecosystems.

Developed on the principle of securing all end points, Vi Secure solution extends enterprises the flexibility of scaling without worrying about cyber threats lurking across cloud, network, or device applications.

Layered DDoS Protection Services

The Layered DDoS Protection Services by Vi Cloud thwarts DDoS attacks in the cloud and prevents the botnet generated traffic reaching the targeted network, server, or device. As the high-volume attack traffic triggered from multiple bots passes through the Vi Cloud, DDos mitigation infrastructure detects the anomaly in traffic and scrubs the infected traffic. What the user (network, server, or device) receives is clean traffic through a highly secured tunnel.

Vi Managed Security Services: With next-gen Firewall technology as the foundation, Vi Managed Security offers perimeter-based protection with easy access to security capabilities through end-to-end manageability of WAN links.

Vi Cloud Firewall: A cloud-deployed, enterprise-grade security solution, Vi Cloud Firewall is designed while keeping modern business requirements in mind. Enabled via multi-OEM solutions equipped security platform and bundled with Vi Internet Leased Line, this solution eliminates on premise firewall requirement.

Vi Secure Device Manager: Powered by IBM MaaS360, Vi Secure Device Manager or VSDM is a Unified Endpoint Management platform, which enables trusted content and apps on the device, irrespective of location and time zone while extending uncompromised device security

With expansion in enterprises’ data footprint across different environments, the cyber threat landscape also widens, exposing vulnerabilities and putting valuable data at a huge risk. Vi, with its unparalleled security solutions offerings, is helping businesses optimise their security measures. We are a single customer premise equipment having features of routing, firewall, and extended security. As a trusted security advisor, Vi Security offerings can help enterprises understand looming threats while helping them detect and respond in a timely fashion, and unifying security priorities to fuel business transformation.

MSMEs are the driving force of the Indian economy. At Vi Business, we believe in equipping them with the right digital tools and technology to thrive in today’s business world.

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