With enterprises adopting new technologies to minimize costs and make the best use of resources, they also face increased threats. Besides, cybercriminals are getting smarter and adopting new techniques to target devices. These include backend servers, office networks, among others. So, it has become essential to balance enterprise security management (ESM) and keep up with enterprise operations.
The need of the hour is for organizations to create a robust framework that is sustainable and guards their critical infrastructure. ESM lets you set the right guidelines, combat threats, and develop policies to safeguard systems.
Enterprise Security Management: What and How?
ESM helps you understand and fight all risks that may affect an organization’s core business. It encompasses addressing all failed software processes, unknown/deliberate mistakes committed by staff members, external/internal security threats. The concept also considers the following parameters related to the security architecture framework.
- Enterprise-Wide Compliance
Regulatory requirements can be detrimental to the end product/service delivery. The ESM framework will help you deal with business objectives and comply with internal compliance requirements.
- All Round Security
Enterprise security management lets you redefine security capabilities, build, monitor, and deliver security for all organizational units, business functions, and processes,
Implementing an Enterprise Security Management Framework
Most organizations seek the counsel of CISO, CSO, or CIO to deploy and manage ESM frameworks. You can also use it to reduce risk to the enterprise and manage processes with ease. The answer lies in framing and following a strategic approach to enterprise security management. So, to solve these issues, you must take the following steps:
- Improved Patch Management
Software vulnerabilities are one of the vulnerabilities in the enterprise environment. Patches are code pieces that eliminate flaws in software. Latter is part of the software development life cycle (SDLC) and can occur in any process of SDLC.
The importance of implementing patch management is gaining value. This is due to rising cases of exfiltration and data breaches around the globe. Scanning and updating patches will help you prevent and mitigate undiscovered issues.
So, it is all the more important to have security management at all phases. Be it QA, development, maintaining strict policies, incident response to avoid unexpected events.
- Simplified Threat Modeling
Do you know exactly who all can attack enterprises? Well, you will be shocked to know that it is not limited to cybercriminals or nation-states.
But, have you taken into account the company insiders? It is time you start thinking about the list of possible anomalies, come up with ideas and discuss them with your team. Threat modeling requires the following steps:
- Identify security objectives
- Conduct a company-wide survey
- Get cheapest SSL certificate to avoid the risk of data interception
- Identify threats and vulnerabilities
Typically, a threat model can take a lot of time to construct, but a structured sample list can be followed to expedite the process.
- Improved Regulatory Compliance
Industry best practices are required to achieve regulatory compliance. Efficient configuration throughout the life cycle will increase visibility, boost troubleshooting, simplify auditing, and improve incident response rate.
- Systemwide Confidentiality and Ease of Collaboration
Security controls need to guarantee higher levels of confidentiality and effective infrastructure security. This will require collaboration, correlation, and information sharing from all systemwide sources.
- Improved Risk Management
The compromise in R&D intelligence and leakage of the company secrets can lead to losses in millions of dollars. The worse thing you lose is the confidence and trust of customers. As such, enterprises need to follow a well-defined risk management approach against targeted attacks.
The latest ESM model protects you from being a victim because conventional security implementations no longer protect against hacking, DDoS, botnet, or state-sponsored espionage. Your techniques will be based on a custom defense strategy that will utilize a specific pathway suited for the enterprise and its potential attacker.
Lastly, risk management boosts the adoption of intelligence-based security solutions. The best thing is that reliable sources back these solutions. This will help enterprises deal with attempts before patches are updated.
Dealing with all these issues is possible with enterprise security management. So, keep these pointers in check to ensure corporate data security. The ESM market will continue to change and reach $15.5 billion by 2025. So, companies will need to step up their security game beyond checkbox implementations and achieve compliance-level protection. Besides, make sure you don’t cut corners to cut operational costs.
ESM requires time, and to keep your company secure, you cannot afford to take any shortcut. Also, it will help you combat the latest threats and stay miles ahead of your competitors.