Navigating the digital landscape can feel like a complex dance, especially with the rising prominence of cybersecurity concerns. In an era where headlines echo the vulnerabilities of enterprises like MGM Casino and Colonial Pipe, the conversation around cybersecurity has shifted from the boardrooms to our living rooms.
Arun’s unique take intertwines cybersecurity with generative artificial intelligence, offering not just commendable insights but a pivotal influence in shaping the future of our digital transformations.
Drawing from his articles, “Cybersecurity and Generative AI: Friend or Foe of the Digital Transformation” and “How CISOs Can Take Advantage of the Balanced Scorecard Method,” published in ISACA (the Information Systems Audit and Control Association), Arun predicts some notable trends.
Social Engineering Attacks: As our workspaces extend into the remote realm, social engineering threats like SMS phishing (“smishing”) and voice phishing (“vishing”) have gained prominence. These attacks, exploiting platforms like SMS, WhatsApp, and WeChat, highlight the need for heightened awareness and precautions, especially with the recent MGM hack serving as a stark reminder.
Rise of Artificial Intelligence: In the ongoing battle between cybercriminals and organizations, artificial intelligence emerges as a double-edged sword. While cybercriminals experiment with AI technologies to design unprecedented malware, organizations can wield the power of “Generative AI” to proactively identify and counter these evolving threats.
IoT Cyber Attacks: With the proliferation of Internet of Things (IoT) devices, the challenge of securing them intensifies. Malware attacks on IoT devices pose a significant threat, emphasizing the importance of automating cyber policy management to detect variations in unique patterns.
Zero Trust Policies: The concept of trust is evolving, pushing organizations to adopt zero-trust policies. Categorizing data, implementing validations at every milestone, enforcing multi-factor authentication, and seeking approvals for access variations are key strategies in this paradigm shift.
Compliance with Data Privacy Laws: In a world of interconnected data, compliance with local data privacy laws becomes paramount. Stricter penalties for non-compliance, as seen in Europe’s GDPR and India’s data privacy law, urge organizations to carefully consider where data resides and who accesses it.
Labor Shortage: The scarcity of cybersecurity professionals, nearing 4 million, poses challenges for organizations. This shortage impacts assessment and training timelines, leading to slower patching of critical systems.
CISOs Embracing Balanced Scorecard: Chief Information Security Officers (CISOs) are now integral players in boardroom discussions, aligning cybersecurity visions with business priorities. Arun Mamgai’s proposed balanced scorecard-based solution offers a holistic approach, empowering CISOs to focus on crucial issues while reducing business risks and enhancing overall enterprise security.
As we navigate this intricate cyber realm, Arun Mamgai’s insights offer a beacon of guidance, urging us to stay vigilant, adapt, and foster a secure digital future.
