As COVID-19 spread in the spring of 2020, organizations around the world have scrambled to enable a remote workforce, acting in "firefighting" mode and laser-focused on business continuity. But as the new normal settles in, digital transformation is rising as a critical - if altered - priority, and security teams need...
As phishing campaigns and hacker attacks spread during the COVID-19 global pandemic, it's more important than ever for organizations to promptly report fraud to authorities to help them crack down on cybercrime, says Dr. Karnika Seth cyberlaw expert and advocate at Supreme Court of India.
Singapore's open banking effort has expanded the attack surface, and the only effective defense is to enhance threat intelligence sharing among banks, retailers and third parties, says Tom Wills, a Singapore-based cybersecurity practitioner who is a consultant for financial institutions.
To ensure business continuity, companies that support India's critical infrastructure need to validate the functioning of the security controls and other tools deployed to support the remote workforce during the COVID-19 pandemic, says Mumbai-based Shivkumar Pandey, group CISO at the Bombay Stock Exchange.
Privileged access management is more critical as a result of the shift to telework during the COVID-19 pandemic and the ongoing movement of applications and data to the cloud, says Dr. Yask Sharma, CISO of a large national critical infrastructure organization in India, who outlines essential PAM components.
As CISOs in India scramble to deal with challenges related to the COVID-19 crisis, they're discovering effective strategies. For example, they're adopting the "zero trust" model for the remote workforce and devising ways to deal with the security issues raised by "shadow IT" and "free software."
To ensure business continuity, manufacturers in India that now have a 100 percent remote workforce because of the COVID-19 pandemic must be vigilant about ensuring critical data is protected through continuous monitoring, says Ravikiran S. Avvaru of the manufacturing group Apollo Tyres Ltd.
Security practitioners need to build platforms that give them greater visibility into how attacks are developing and what can be done to mitigate them, says Debasish Mukherjee of SonicWall.
While CIOs are leading digital transformation projects designed to meet the needs of businesses, CISOs are seeking tighter controls because these projects open up new risks and increase the attack surface, says Zscaler's Sudip Banerjee, who offers a way to strike a balance.
Because so many organizations and government agencies are functioning in silos, a key component to India's soon to be finalized cybersecurity policy is the creation of an interministerial task force to respond to growing threats, says Lt. Gen. (Retd) Rajesh Pant, national cybersecurity coordinator.
With the rapid development of the Coronavirus (COVID-19), employees across Asia Pacific and ANZ are being asked to work from home. Many security professionals have begun exploring their disaster recovery (DR) plans to allow remote work 'en masse'. The goals: keep the organisation productive during this crisis and...
The Reserve Bank of India's plans to create a self-regulatory organization by April to help oversee the digital payments system could help reduce the complexity of RBI's efforts to help ensure payments security, some security experts say.
Since the $81 million Bangladesh Bank online heist in 2016, the nation's banks have made some progress in cybersecurity, but they still have a long way to go, says Prabeer Sarkar, CEO of Dhaka Distributions, a local cybersecurity company, who sizes up what work still needs to be done.
Cloud access security brokers are playing a growing role in improving visibility as more organizations rely heavily on cloud applications and more staffers gain access to them, says Sean Duca, vice president and regional chief security officer for Asia Pacific and Japan at Palo Alto Networks.
As the central bank of Bangladesh prepares to release revised IT security guidelines for financial institutions, CISOs and cybersecurity experts are hoping it takes into account the very latest cyberthreats and technology developments.
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