Holistic cyber resilience: Strengthen security against growing cyberthreats

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background-position:right top; background-size:cover; } .Cffffe776>.primary>.background { background-color:#F3EDE0; } .Cffffe776>.secondary>.background { background-color:#F3EDE0; } .secondary> .background.Cffffe776 { background-image:url(https://d23uobcja6cuc.cloudfront.net/business/dam/img/international/secure-your-business/meeting-multiple-people-creative.webp); } </style> <div class="background Cffffe776 bleed light fill "> </div> <div class="aspect alarge mcard"> <div class="plate Cffffe776 half reverse gap "> <div class="primary light hasbg middle"> <div class="background bleed light "> </div> <div> <h1 id="hCffffe776" class="head align-left thin mw12"><span style="color: rgb(245,10,35);">A holistic approach to strengthening cyber resilience</span></h1> <div class="ctas align-left"> <a id="lCb365" class="trans button vz-button-link" target="_blank" href="/business/resources/articles/a-holistic-approach-to-strengthening-cyber-resilience.pdf" data-title="A holistic approach to strengthening cyber resilience" data-loc="Content:Button:Holistic cyber resilience: Strengthen security against growing cyberthreats:A holistic approach:Download report" data-uuid="664c61cb-0929-4f31-a9b4-0f76cda75d55" aria-labelledby="lCb365 hCffffe776">Download report</a> </div> </div> </div> <div class="secondary light hasbg middle"> <div class="background Cffffe776 bleed hasimg light "> </div> <div> </div> </div> </div> </div> </div>  </div> <div class="cakeContainer"> <div id="Cffff886f" class="Cffff886f contain cup full anchornav"> <style> </style> <div class="fullcontent nav"> <div class="nav align-left buttons "> <ul> <li><a class="vz-text-link" data-loc="Content:Nav::overview" href="#overview"> Overview</a></li> <li><a class="vz-text-link" data-loc="Content:Nav::managing-threats" href="#managing-threats">Managing threats</a></li> <li><a class="vz-text-link" data-loc="Content:Nav::increased-vulnerabilities" href="#increased-vulnerabilities"> Increased vulnerabilities</a></li> <li><a class="vz-text-link" data-loc="Content:Nav::the-right-fit" href="#the-right-fit"> The right fit</a></li> <li><a class="vz-text-link" data-loc="Content:Nav::basic-steps" href="#basic-steps">Basic steps</a></li> <li><a class="vz-text-link" data-loc="Content:Nav::holistic-approach" href="#holistic-approach">Holistic approach</a></li> <li><a class="vz-text-link" data-loc="Content:Nav::let's-connect" href="#let%27s-connect">Let's connect</a></li> </ul> </div> </div> <div class="primary " data-n="9"> <div class="anchor full"> <div id="C378a" class="C378a contain indent cup full gapabove" aria-labelledby="hC378a" role="region"> <style type="text/css"> </style> <a name="overview" data-name="overview" id="overview"></a> <div class="plate C378a full nobg "> <div class="primary top"> <h2 id="hC378a" class="headM align-left thin mw10">How businesses can <span style="color: rgb(245,10,35);">boost their resilience</span> in the face of increasing cyberthreats</h2> <div class="text align-left bodyMD thin mw10 "> <p>With the level and sophistication of cyberthreats increasing, how can businesses ensure they remain protected? The key is taking a more holistic view.</p> </div> </div> </div> </div>  <div id="Cfffff493" class="Cfffff493 contain indent cup half gapbelow"> <style type="text/css"> .background.Cfffff493 { background-color:#F3EDE0; background-position:center; background-size:cover; } .secondary> .background.Cfffff493 { background-image:url(https://d23uobcja6cuc.cloudfront.net/business/dam/images/photography/devices-in-use/man-and-woman-in-glasses-looking-at-computer-1451457339.webp); } </style> <div class="background Cfffff493 rounded light "> </div> <div class="aspect acinema mtall"> <div class="plate Cfffff493 half "> <div class="primary light middle"> <div> <div class="text align-left mw11 "> <p>As technology advances and businesses in all sectors become ever more connected, the risk of cyberthreats continuously increases, too. Cybercriminals are becoming more sophisticated every day. And with businesses increasing their reliance on digital tools and processes – with greater amounts of data stored and shared in the cloud—each organisation’s attack surface also grows.</p> <p>To keep themselves protected, businesses need a robust cybersecurity program that meets the specific needs of their organisation and the regulatory environment they operate in.</p> </div> </div> </div> <div class="secondary hasbg split"> <div class="background Cfffff493 rounded hasimg light "> </div> <div> </div> </div> </div> </div> </div>  <div id="C7226" class="C7226 contain cup full columns" data-label="Managing threats"> <style> .C7226 .scroller .items { width: 66%; } @media (max-width: 760px) {.C7226 .scroller .items { width: 200%; }} @media (min-width: 1280px) { .C7226 .scroller.bleed .items { width: calc(66 * 12.8px + 100vw - 1304px); } </style> <a name="managing-threats" data-name="managing-threats" id="managing-threats"></a> <div class="primary " data-n="2"> <div class="columns mStack"> <div class="crow c3 full nobg" data-n="2"> <div class="double"> <div id="Cffff5787" class="Cffff5787 contain indent cup full" aria-labelledby="hCffff5787"> <style type="text/css"> </style> <div class="plate Cffff5787 full nobg "> <div class="primary top"> <h2 id="hCffff5787" class="headS align-left bold mw10">Managing growing threats</h2> <div class="text align-left mw10 "> <p>Cyberthreats are on the rise. The Verizon Business 2024 Data Breach Investigations Report<sup>1</sup> analysed 30,458 real-world security incidents—10,626 of which were confirmed data breaches affecting victims in 94 countries. The report shows a substantial growth in attacks involving the exploitation of vulnerabilities—up a staggering 180% compared with the previous year—and the main point of entry for these attacks was web applications. </p> <p>Roughly one-third of attacks involved ransomware—something that is still a major concern for 92% of industries, as the cost of an attack can be significant. According to the FBI’s Internet Crime Complaint Center (IC3) ransomware complaint data, the median loss associated with the combination of Ransomware and other Extortion breaches is $46,000 (ranging between $3 and $1,141,467 for 95% of cases).<sup>2</sup></p> <p>However, it’s not just the number of threats that businesses should be concerned about. Cybercriminals are also increasing their capabilities, devising more sophisticated attacks to beat the latest technologies that thwart attacks and prevent data loss, and regulations that increase an organisation’s diligence. As ANSSI’s Panorama of Cyberthreats 2022 says, “malicious actors are continuously improving their capabilities for financial gain, espionage, and destabilisation. This improvement is illustrated in particular in the targeting of attackers who seek to obtain discreet and permanent access to their victims’ networks.”<sup>3</sup></p> </div> </div> </div> <span class=" align-left"><p class="disclaimer"><sup>1 </sup>2024 <a href="https://www.verizon.com/business/resources/reports/dbir/">Data Breach Investigations report</a>. (n.d.). Verizon Business.</p><p class="disclaimer"><sup>2</sup>2024 <a href="https://www.verizon.com/business/resources/reports/dbir/">Data Breach Investigations report</a>. (n.d.). Verizon Business.</p><p class="disclaimer"><sup>3</sup>ANSSI. (2022). <a href="https://www.cert.ssi.gouv.fr/uploads/CERTFR-2023-CTI-001.pdf">PANORAMA DE LA CYBERMENACE 2022</a>. In ANSSI. </p></span> </div>  </div> <div id="Cffffb865" class="Cffffb865 contain cup full gap columns"> <style> .background.Cffffb865 { background-color:#F3EDE0; background-position:center; background-size:contain; } .Cffffb865 .scroller .items { width: 400%; } @media (max-width: 760px) {.Cffffb865 .scroller .items { width: 400%; }} @media (min-width: 1280px) { .Cffffb865 .scroller.bleed .items { width: calc(400 * 12.8px + 100vw - 1304px); } </style> <div class="background Cffffb865 rounded light "> </div> <div class="primary light" data-n="4"> <div class="columns mStack"> <div class="crow c1 full gap light " data-n="4"> <div id="Ca74d" class="Ca74d contain indent cup full gap" aria-labelledby="hCa74d" role="region"> <style type="text/css"> </style> <div class="plate Ca74d full gap nobg "> <div class="primary middle"> <div> <h2 id="hCa74d" class="headS align-left bold mw">Cyberthreats are <br />on the rise</h2> <div class="text align-left bodySL mw "> <p>The Verizon Business 2024 Data Breach Investigations Report analysed: </p> </div> </div> </div> <div class="secondary top empty"> </div> </div> </div>  <div id="Cffffc754" class="Cffffc754 contain indent cup full" aria-labelledby="hCffffc754" role="region"> <style type="text/css"> </style> <div class="aspect askinny"> <div class="plate Cffffc754 full nobg "> <div class="primary top"> <h3 id="hCffffc754" class="headM align-left thin mw"><span style="color: rgb(245,10,35);">30,458</span></h3> <div class="text align-left bodySL mw "> <p>real-world security incidents</p> </div> </div> </div> </div> </div>  <div id="Cd706" class="Cd706 contain indent cup full" aria-labelledby="hCd706" role="region"> <style type="text/css"> </style> <div class="aspect askinny"> <div class="plate Cd706 full nobg "> <div class="primary top"> <h2 id="hCd706" class="headM align-left thin mw"><span style="color: rgb(245,10,35);">10,626</span></h2> <div class="text align-left bodySL mw "> <p>of which were confirmed data breaches affecting victims in</p> </div> </div> </div> </div> </div>  <div id="C4100" class="C4100 contain indent cup full" aria-labelledby="hC4100" role="region"> <style type="text/css"> </style> <div class="aspect askinny"> <div class="plate C4100 full nobg "> <div class="primary top"> <h2 id="hC4100" class="headM align-left thin mw"><span style="color: rgb(245,10,35);">94</span></h2> <div class="text align-left bodySL mw "> <p>countries</p> </div> </div> </div> </div> </div>  </div> </div> </div> </div>  </div> </div> </div> </div>  <div id="C9699" class="C9699 contain indent cup full" aria-labelledby="hC9699" role="region"> <style type="text/css"> </style> <a name="increased-vulnerabilities" data-name="increased-vulnerabilities" id="increased-vulnerabilities"></a> <div class="plate C9699 full nobg "> <div class="primary top"> <h2 id="hC9699" class="headS align-left bold mw10">Increased vulnerabilities</h2> <div class="text align-left mw10 "> <p>Advances in technology, network capabilities and working practices have meant organisations need to be aware of the increased vulnerabilities that cybercriminals can exploit. “The key element to consider is the development of remote working and the hybridisation of organisations, which has redefined the contours of information systems security,” says Steven Gevers, Associate Director, Security Consulting Services for Verizon Business. </p> <p>As discussed in the DBIR, breaches caused by vulnerabilities have tripled recently — driven, largely in part, by the impact of Zero-day attacks. So, it’s essential for businesses to remain on top of basic security hygiene. It also shows how important concepts such as Zero Trust and Defense in Depth continue to be. “It’s critical to have a consolidated view on which parts of your organisation expose you to the biggest risk,” Gevers says, “so you can spend your security budget where it brings most value.”</p> <p>Problems can also arise when employees try to take matters into their own hands. Today’s workers are used to operating in a fast-paced, digital way. If they can’t quickly find solutions to a problem, they can often be tempted to – perhaps unintentionally - breach security protocols and use unsanctioned and unprotected applications, software or hardware. A study by Harvard Business Review showed that 67% of respondents had failed to fully adhere to cybersecurity policies at least once<sup>4</sup>. This so-called shadow IT can open up extra vulnerabilities, giving the criminals another potential point of entry.</p> </div> </div> </div> <span class=" align-left"><p class="disclaimer"><sup>4</sup>Verizon. (2023).<a href="/business/content/dam/resources/reports/2023/mobile-security-index-report.pdf"> 2023 Mobile Security Index whitepaper</a></p></span> </div>  <div id="C1f6d" class="C1f6d contain indent cup full" aria-labelledby="hC1f6d" role="region"> <style type="text/css"> </style> <a name="the-right-fit" data-name="the-right-fit" id="the-right-fit"></a> <div class="plate C1f6d full nobg "> <div class="primary top"> <h2 id="hC1f6d" class="headS align-left bold mw10">Finding the right fit for security</h2> <div class="text align-left mw10 "> <p>Faced with this increase in cyberthreats, many businesses have adopted Zero Trust and SASE solutions. And while this is great for strengthening network security, it’s important to also step back and look at how everything works together. “Different business units have their own business applications; they have their own processes, their own needs,” says Stephen Young, Director, Cyber Defense Consulting Services for Verizon Business. “Security has multiple dynamics, impacting the environment to deal with the various types of attacks. There is no single solution that fits all. Security resilience therefore has to go further than just Zero Trust and SASE.”</p> </div> </div> </div> </div>  <div id="C570a" class="C570a contain indent cup half"> <style type="text/css"> .background.C570a { background-color:#F3EDE0; background-position:center; background-size:cover; } .primary> .background.C570a { background-image:url(https://d23uobcja6cuc.cloudfront.net/business/dam/images/photography/energy-utilities/utility-workers-in-hard-hats-1280.webp); } </style> <div class="background C570a rounded flush light "> </div> <div class="aspect alarge mtall"> <div class="plate C570a half "> <div class="primary light hasbg middle"> <div class="background C570a rounded hasimg light "> </div> <div> </div> </div> <div class="secondary middle"> <div> <div class="text align-indent bodyMD thin mw8 "> <p>“There is no single solution that fits all. Security resilience therefore has to go further than just Zero Trust and SASE.”</p> <p><b>Stephen Young</b><br> Director, Cyber Defense Consulting Services for Verizon Business</p> </div> </div> </div> </div> </div> </div>  <div id="Ced8e" class="Ced8e contain indent cup full gapabove" aria-labelledby="hCed8e" role="region"> <style type="text/css"> </style> <a name="basic-steps" data-name="basic-steps" id="basic-steps"></a> <div class="plate Ced8e full nobg "> <div class="primary top"> <h2 id="hCed8e" class="headS align-left bold mw10">Getting the basics right</h2> <div class="text align-left mw10 "> <p>Sometimes, businesses are looking so closely at the bigger security threats that they lose sight of the simple, fundamental elements of their setup. “The more complex the situation, the greater the threat, the more companies tend to neglect the fundamentals,” Young says. “It is the fundamental principles that constitute the relevance of an effective security policy.”</p> <p>While businesses need to take a wider look at the security of their overall infrastructure and find solutions to the big problems, it’s essential not to forget the basic security steps—like updating systems and correctly setting up firewalls. By keeping these bases covered, IT teams may not only prevent small security threats creeping in, but they may also avoid wasting money on unnecessary security tools.</p> </div> </div> </div> </div>  <div id="C1898" class="C1898 contain indent cup full" aria-labelledby="hC1898" role="region"> <style type="text/css"> </style> <a name="holistic-approach" data-name="holistic-approach" id="holistic-approach"></a> <div class="plate C1898 full nobg "> <div class="primary top"> <h2 id="hC1898" class="headS align-left bold mw10">Taking a more holistic approach</h2> <div class="text align-left mw10 "> <p>The temptation for many businesses is to increase security by adding multiple extra layers. But this can actually be counterproductive, creating even greater complexity and cost. Instead, it’s better to look at the whole picture and evaluate what’s needed, where and for what reasons. That’s why Verizon takes a more holistic approach based on an in-depth understanding of a business—looking at everything from the organisation’s operational ecosystem down to the needs of its individual users.</p> <p>To do this, Verizon aligns to the National Institute of Standards in Technology’s (NIST) security framework, which is based on five key axes<sup>5</sup>:</p> <ul> <li>Identification</li> <li>Protection</li> <li>Detection</li> <li>Response</li> <li>Recovery</li> </ul> <p>Verizon can conduct detailed security evaluations to understand a company’s specific needs. Then we help them deploy customised security measures to meet those needs.</p> <p> “Every organisation has its own culture and risk appetite, resulting in a different approach to security,” says Steven Gevers, Associate Director, Security Consulting for Verizon Business.</p> <p>"Some organisations might find technologies such as Generative AI an intellectual property risk that needs to be blocked; others think it's a business enabler that requires some coaching. We help our customers improve their security maturity; focusing on the biggest threats—but keeping in mind business requirements. Adopting Defense in Depth – using multiple security measures to protect an organisation's assets – is key to this. Organisations can have flexibility on one level while keeping risk acceptable with controls at another level. If one layer is compromised, the additional layers may stop the attack or reduce its impact.”</p> <p>Not only does this approach help to create the most robust set of IT defences, but it also enables businesses to manage costs more effectively, investing in the right solutions for their needs and managing their budgets more wisely. “When you have a global vision of the needs of the business and provide tailor-made solutions, it avoids the multiplication of redundant security solutions," Young says. “A rationalisation that allows better cost control.”</p> <p>With this more holistic approach to security, businesses can better achieve the right security setup that meets their needs and their budget. And they can be better prepared to keep the cybercriminals at bay.</p> <p> </p> </div> </div> </div> <span class=" align-left"><p class="disclaimer"><sup>5</sup>National Institute of Standards and Technology. (2024). <a href="https://nvlpubs.nist.gov/nistpubs/CSWP/NIST.CSWP.29.pdf">The NIST Cybersecurity Framework</a> (CSF) 2.0. In NIST CSWP 29</p></span> </div>  <div id="Cffffdc85" class="Cffffdc85 contain indent cup seven reverse gapabove gapbelow" aria-labelledby="hCffffdc85" role="region"> <style type="text/css"> .background.Cffffdc85 { background-color:#F3EDE0; background-position:left top; background-size:cover; } .secondary> .background.Cffffdc85 { background-image:url(https://d23uobcja6cuc.cloudfront.net/business/dam/images/photography/devices-in-use/woman-in-airport-terminal-smiling-at-mobile-phone-1609110595.webp); } </style> <a name="let's-connect" data-name="let's-connect" id="let's-connect"></a> <div class="background Cffffdc85 rounded flush light "> </div> <div class="aspect alarge mtall"> <div class="plate Cffffdc85 seven reverse "> <div class="primary light middle"> <div> <h3 id="hCffffdc85" class="headM align-left thin mw11">Talk to us</h3> <div class="text align-left mw11 "> <p style="max-width: 95%;">Find out how Verizon can help you mitigate cyberthreats with the right holistic security 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