Businesses should review the security of their own assets to better manage and secure critical data in new FY
- Written by: Evan Thomas, Channels Director, ANZ, Armis
A new financial year presents a chance for businesses to review and refine strategies and plans. While many organisations often consider lifting investments in cybersecurity solutions, they overlook the security of their own assets, leading to a security blindspot.
As the number of devices and tools used by organisations continues to increase, managing and securing assets becomes more complex than ever before. Each device that connects to the network introduces a new set of considerations that IT teams need to account for. This includes the operating system, applications, user access, network connectivity, patches, and updates. These are just the basics, and the complexity only grows as new devices are added to the network. The result is a highly complex and dynamic environment that creates blind spots, making it difficult for IT and security teams to have a comprehensive view of their assets. This complexity is preventing organisations from effectively managing and securing their critical data.
Attackers can take advantage of this blindspot to gain unauthorised access to an organisation’s systems and data, resulting in serious consequences such as data breaches, financial losses, and reputational damage.
To overcome this complexity, organisations need a proactive approach to cybersecurity asset management. This involves implementing a framework that allows IT teams to identify, classify, and prioritise assets based on their criticality to the business. By having a single source of truth for asset information, IT teams can effectively manage their assets and reduce the attack surface, mitigating the risk of cyber threats. Additionally, automating asset management tasks and leveraging artificial intelligence (AI) and machine learning (ML) can help IT teams manage the growing complexity of their environments.
By adopting a proactive and comprehensive approach to cybersecurity asset management, organisations can begin FY25 with greater visibility of their assets, reducing their attack surface and mitigating the risk of cyber threats.
