Recent statistics show that 60% of corporate data is stored in the cloud worldwide. In the past year, 39% of businesses faced data breaches related to the cloud. These statistics show that despite the advantages of cloud storage, vulnerabilities such as misconfigured services, insecure APIs, and shared environments pose significant risks.
As a result, organizations are seeking ways to improve their security and ensure compliance to protect their data from cyber threats.
The impact of non-compliance extends beyond just financial penalties. It can harm a brand's reputation, lead to economic losses, and result in legal issues. Therefore, compliance is not only about fulfilling regulatory requirements but also about protecting the integrity of an organization's data.
This understanding has led to the development of new processes like Continuous Security Monitoring (CSM). This method improves visibility into information security systems and controls, strengthens security, and ensures that best practices are followed.
Continuous Security Monitoring (CSM) is a security management process that addresses vulnerabilities, tracks security controls, and regularly evaluates the risk environment to strengthen an organization’s cyber defenses. It also helps the Security Operations Center develop and execute strategies to reduce risks.
Continuous Security Monitoring (CSM) improves visibility of your IT infrastructure and information security systems. It helps you detect breaches in real-time and sends alerts to the Security Incident and Event Management (SIEM) system when incidents occur.
Continuous Security Monitoring (CSM) and Security Information and Event Management (SIEM) improve cybersecurity but serve different purposes. CSM is an ongoing process that monitors systems, networks, and assets in real time to identify vulnerabilities, detect threats, and ensure continuous compliance.
SIEM gathers, studies, and connects log information from various places to find and address security problems. It usually responds to events after they happen. On the other hand, CSM identifies and lessens risks in advance to prevent incidents. When used together, SIEM and CSM work hand in hand to enhance an organization's security measures.
An organization’s IT infrastructure includes a mix of on-premises servers and cloud-hosted applications. Late one evening, the organization's Continuous Security Monitoring (CSM) system detected unusual activity on a server hosting critical financial data.
The monitoring system flagged an unauthorized login attempt from an IP address in a foreign country, inconsistent with the company’s standard geographic access patterns.
Upon further inspection, the CSM system identified that the account used in the login attempt belonged to a senior finance manager who was not actively working. Additionally, the system's anomaly detection feature noticed that shortly after the login attempt, a script was being executed to encrypt files on the server—a ransomware behavior.
The CSM solution immediately triggered an alert and integrated with the organization’s Security Information and Event Management (SIEM) system to provide detailed logs of suspicious activity. The security team was notified in real time and was able to:
After the incident, the team fixed the security issue and made sure to improve access controls by adding extra verification steps for important accounts. Thanks to the quick response from the security monitoring team, potential data loss and costly ransom demands were avoided.
If you need to monitor these security risks, a continuous security monitoring solution is the right choice for you:
Infrastructure monitoring observes the physical elements of a security system, such as servers, storage devices, and network equipment. It helps detect the fundamental issues related to hardware malfunction or the performance of other physical parts in your organization's security setup.
If your security team notices a problem with hardware or a motherboard because of visible signs like overheating, this is possible through infrastructure monitoring.
Compared to infrastructure monitoring, application monitoring focuses on overseeing the software aspects of your security system, such as application codes, online servers, and a digital database.
This tool allows your security team to identify issues like slow performance, memory leaks, or unauthorized changes in the application code that could be harmful.
Network monitoring tracks your network traffic and equipment, such as routers and switches, so you can quickly identify issues like packet loss or high latency. Depending on your organization's requirements, you can choose to implement one, all, or a mix of security monitoring methods to achieve optimal results.
To use CSM in your operations, identify the processes that handle important data or assets. These processes might deal with sensitive information like HR onboarding, IT onboarding, or access management. Categorize and prioritize these processes according to their importance to effectively improve your security approach with a focus on risk management.
The following important task is to select the appropriate tools and procedures for your customer success management strategy. Various tools are accessible for CSM. Opting for a tool that safeguards against multiple threats and provides features such as vulnerability scanning, malware detection, and real-time threat analysis is advisable.
Regularly monitor all your devices to safeguard your data from cyber-attacks. Equally important is the establishment of security measures to deal with internal threats in CSM, such as user behavior analytics (UBA), role-based access controls, and least privilege principles.
One way to achieve this is by creating guidelines on how your staff should interact with the information. This helps you to detect unusual behaviors and possible threats systematically.
Update your organization's policies to keep up with changing cyber threats and compliance requirements. Make sure your policies align with security standards and are reviewed and updated as needed. Software updates help maintain the system's up-to-dateness, while security patches within these updates enhance security and prevent vulnerabilities. Another key element is establishing policies and protocols for third parties accessing your network.
Just having advanced tools and technologies is not sufficient. Involve people at the front line, such as employees, and provide regular training to keep them informed about threats, policies, and their responsibilities as guardians of organizational security.
Cyber attacks and data breaches can harm an organization's reputation, with new incidents reported frequently. Regular security monitoring is necessary to combat these threats effectively.
ioSENTRIX works easily with your technology setup to enhance your online security. We monitor security constantly and give you instant updates on the status of all internal controls and processes through a user-friendly dashboard.
We serve as more than just a CSM solution - we also help improve overall security and compliance. Let us demonstrate how ioSENTRIX achieves this. Contact us now for more information.