70% of organizations don’t know what assets their organization has, despite governance IT frameworks providing guidance on IT asset management and numerous solutions on the market for managing IT infrastructure. Source: Gartner 2002
Evolution of cybersecurity challenges: adapting to the dynamic landscape
Two decades ago, the majority of organizations had a limited number of assets connected to the internet, primarily residing on on-premises servers. These assets were usually few in number and remained consistent over time, making them easy to monitor and oversee. And at the time, comparatively few vulnerabilities existed, so remediation was also a manageable task.
However, the manner in which we utilize the internet has undergone a significant transformation. Presently, developers continually generate fresh websites and applications to fulfill evolving business goals. Marketers extensively employ third-party scripts and services across various websites to enhance user experience and obtain comprehensive reports. Furthermore, unlike previous times, a majority of data is now hosted on cloud platforms such as AWS and Microsoft Azure.
Now that organizations have hundreds, if not thousands, of internet-facing assets it’s become extremely difficult to keep track of the constant changes and ensure security. To an attacker, each connected asset can serve as a pathway to sensitive information.
As security teams struggle with the challenge of strengthening their systems, cybercriminals are amassing significant wealth through successful cyberattacks, continuously evolving in sophistication and capabilities. Operating on the underground network, these malicious actors collaborate in a nefarious marketplace, offering tools capable of exploiting vulnerable assets and accumulating vast reserves of resources to target businesses worldwide.
Major issues and risks organizations face
01 - Lack of asset visibility
02 - Unknown usage of Shadow IT
03 - Lack of awareness and knowledge of risky assets
04 - No single view of assets
05 -Inability to prioritize
06 - Labour intense auditing and compliance efforts
07 - Inhouse shortage of cybersecurity expertise
08 - Outpaced by cybercriminals
Read the whitepaper of Cybertrust