{"id":68712,"date":"2023-07-11T08:15:00","date_gmt":"2023-07-11T15:15:00","guid":{"rendered":""},"modified":"2023-07-10T11:01:56","modified_gmt":"2023-07-10T18:01:56","slug":"prioritizing-cybersecurity-to-better-serve-customers","status":"publish","type":"post","link":"https:\/\/cm-edgetun.pages.dev\/en-us\/industry\/microsoft-in-business\/security\/2023\/07\/11\/prioritizing-cybersecurity-to-better-serve-customers\/","title":{"rendered":"Prioritizing cybersecurity to better serve customers"},"content":{"rendered":"\n

Technology has an important role to play in the fight against cybercrime, but so does culture. As Sally Eaves, Emergent Technology Chief Technology Officer and Global Strategy Advisor, explains, \u201cSome 98 percent of cybersecurity threats, irrespective of sector, can be largely negated through the application of basic cyber hygiene standards.\u201d With the global cost of cybercrime expected to surpass $10 trillion annually by 2025<\/a>, that is the reason for companies to protect their assets through both technological and cultural change.  <\/p>\n\n\n\n

Proactive security strategies to defend essential industries <\/h2>\n\n\n\n

Technology is already playing a huge role in making energy systems more intelligent, reliable, and sustainable. To increase access to data while also keeping it secure, organizations must pursue digitalization strategically. As traditional IT solutions become connected to the Internet of Things, there is a risk that cybercriminals will find opportunities to access important data. In the energy industry, this is no small matter. People, property, and the environment depend on the proper operations of this vital sector. <\/p>\n\n\n\n

As Eaves puts it, \u201cSurely today we should be talking about the cost of inaction and the cost of insecurity\u2014especially in such a pivotal sector as energy.\u201d Eaves says that getting the foundation right is key<\/a>. For example, organizations have recently started designing cybersecurity systems with Zero Trust architecture<\/a>, which is a great way to protect assets without devoting extra people to the effort. <\/p>\n\n\n\n

Eaves lays out an incredibly complex landscape for energy companies to navigate, one that includes skills and alignment, system integration and visibility, tool sprawl, and integration with external environments. \u201cThe criticality of trusted partnerships to navigate the complexity comes center stage,\u201d says Eaves. For maximum effect, cyber solutions must be simple for teams to use.   <\/p>\n\n\n\n

Using AI to increase the efficiency of security operations <\/h2>\n\n\n\n

Data breaches reached a record cost of $4.35 million in 2022<\/a>, so the value of cybersecurity has never been greater. The financial services industry is innovating to deliver that value to its customers without overburdening staff. \u201cAI and machine learning are also making significant contributions to the efficiency, retention, and engagement of staff, particularly given that cybersecurity specialists are scarce and in high demand,\u201d says cyber expert Nick Bilodeau, Executive Director at Quantum. <\/p>\n\n\n\n

Yet innovation must go beyond technology. \u201cThe one area that often doesn\u2019t get as much attention, but is critical in cybersecurity, is the human element,\u201d says Bilodeau. Even nontechnical professionals must become cyber literate so they can identify threats and keep information secure. Role-based training tailored to the specific responsibilities of each position is one promising trend that is catching on across the financial services sector. <\/p>\n\n\n\n

Taking a holistic approach to cybersecurity <\/h2>\n\n\n\n

Manufacturers were asked to weather a storm in the early 2020s, and cybercrime only adds force to the remaining headwinds. Companies might be tempted to adopt an incremental approach as they confront challenges on many fronts. Yet it\u2019s much better to design cybersecurity systems from the start than to retrofit existing solutions. <\/p>\n\n\n\n

Scott Luton, a thought leader focused on manufacturing and supply chains, notes that while some risks are sector specific, many affect all businesses. That means that manufacturers need to have a plan<\/a> to detect, mitigate, and remediate a wide range of cyber threats. And organizations must guard their networks by accounting for the policies and plans of their supply and delivery chain partners. <\/p>\n\n\n\n

Many manufacturers are also improving their security postures by migrating to the cloud. Because cloud systems are distributed, they\u2019re more resilient than traditional mainframes. Cloud systems also help organizations ensure that they have backups. With advanced AI tools, Zero Trust architecture, and cloud infrastructure in place, manufacturers are taking a holistic approach to cybersecurity. <\/p>\n\n\n\n

Advancing toward the future of cybersecurity <\/h2>\n\n\n\n

The cybersecurity systems of the future are likely to incorporate both modern technology and new mindsets. As Jose Razo, Senior Technology Specialist at Microsoft, puts it, \u201cNot only do we try to predict what is going to happen, but we also educate people from the very beginning to have a security mindset.\u201d By combining predictive tools and employee education, companies are forging ahead of cybercriminals. <\/p>\n\n\n\n

To start your security conversation, reach out to the team: Microsoft Security Contact Me<\/a>. <\/p>\n\n\n\n

To learn more about Microsoft security solutions, go here: Cloud security services | Microsoft Security<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

Technology has an important role to play in the fight against cybercrime, but so does culture. With the global cost of cybercrime expected to surpass $10 trillion annually by 2025, that is reason for companies to protect their assets through both technological and cultural change.<\/p>\n","protected":false},"author":771,"featured_media":68713,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"_classifai_error":"","_classifai_text_to_speech_error":"","footnotes":""},"categories":[1542],"post_tag":[1662,75],"content-type":[1079],"coauthors":[790],"class_list":["post-68712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-security","tag-ai","tag-cybersecurity","content-type-thought-leadership"],"yoast_head":"\nPrioritizing cybersecurity to better serve customers - Microsoft in Business Blogs<\/title>\n<meta name=\"description\" content=\"Learn how companies are innovating to advance the future of cybersecurity in this Microsoft in Business blog.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cm-edgetun.pages.dev\/en-us\/industry\/microsoft-in-business\/security\/2023\/07\/11\/prioritizing-cybersecurity-to-better-serve-customers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prioritizing cybersecurity to better serve customers\" \/>\n<meta property=\"og:description\" content=\"With the global cost of cybercrime set to surpass $10 trillion in 2025, companies are innovating to stay ahead of the curve. 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