"Is Your Business Prepared for the Spotlight on Cybersecurity?"

Is Your Business Prepared for the Spotlight on Cybersecurity?Cyber defence needs an identity-first makeover, says Codec’s Tushar Kumar.

In the world of cybersecurity, traditional defences are no longer cutting it against evolving threats. Tushar Kumar from Codec likens the situation to a castle facing new enemies with advanced weapons.

The solution? Embracing zero trust security models and focusing on identity-based security. With almost 90pc of organisations worldwide adopting aspects of the zero trust model, it’s clear that a new approach is needed to combat modern cyberthreats.

Identity-first security is crucial in today’s landscape, with statistics showing that most organisations have experienced identity-related incidents and data breaches involving stolen credentials. By implementing tools like multifactor authentication and behavioural analytics, businesses can enhance their security measures and protect against insider threats.

As companies bid farewell to passwords and welcome passkeys for enhanced security, the role of AI in cybersecurity is also growing. While AI technology can be used by cybercriminals for sophisticated attacks, it also equips defenders with tools to predict and thwart threats proactively.

The consequences of failing to secure identities are not just financial but also reputational. Companies like Capital One, Marriott, Uber, Yahoo, and Equifax have all faced costly data breaches in recent years, highlighting the importance of prioritising identity-based security measures.

Ultimately, businesses must prioritize identity-based security to protect both their customers and their reputation. Trust is hard to regain once lost, so it’s essential to protect the castle from within in today’s evolving cybersecurity landscape.

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By Leon