Tag: threats

Unlocking AI’s value securely: Navigating Key Security Imperatives

Across EMEA, Artificial Intelligence (AI) is redefining industries, inspiring innovation, improving operations, and driving, growth. Government and Irish businesses are embracing and capitalising on AI’s potential to enhance customer experiences and gain a competitive advantage. But as adoption accelerates, new security challenges arise, demanding vigilant attention to protect these investments Ivor Buckley, Field CTO at Dell Technologies Ireland explains more

Forecasts indicate that AI could contribute trillions to the global economy by 2030, with Ireland well-positioned to capture a significant share of this value. According to Dell Technologies’ Innovation Catalyst Study, 76% say AI and Generative AI (GenAI) is a key part of their organisation’s business strategy while 66% of organisations are already in early-to mid-stages of their AI and GenAI journey.

As AI becomes more embedded in everything from customer management to critical infrastructure, safeguarding these investments and tackling the evolving cyber threat landscape must be a priority. To that end the success of integrating AI in the region depends on addressing three critical security imperatives: managing risks associated with AI usage, proactively defend against AI-enhanced attacks, and employing AI to enhance their overall security posture.

Managing the Risks of AI Usage

Ireland as a digital hub within the EU, must navigate the complex regulatory environment like the Digital Operational Resilience Act (DORA), NIS2 Directive, the Cyber Resilience Act and the recently launched EU AI Act. These frameworks introduce stringent cybersecurity requirements that businesses leveraging AI must meet to ensure resilience and compliance.

AI’s reliance on vast amounts of data presents unique challenges. AI models are built, trained, and fine-tuned with data sets, making protection paramount.

To meet these challenges, Irish organisations must embed cybersecurity principles such as least privilege access, robust authentication controls, and real-time monitoring into every stage of the AI lifecycle. However, technology and implementing these measures effectively isn’t enough. The Innovation Catalyst Study highlighted that a lack of skills and expertise ranks as one of the top three challenges faced by organisations looking to modernize their defenses. Bridging this skills gap is vital to delivering secure and scalable AI solutions because only with the right talent, governance, and security-first mindset can Ireland unlock the full potential of AI innovation in a resilient and responsible way.

A further step that Irish businesses can take to address AI risks, is to integrate risk considerations across ethical, safety, and cultural domains. A multidisciplinary approach can help ensure that AI is deployed responsibly. Establishing comprehensive AI governance frameworks is essential. These frameworks should include perspectives from experts across the organisation to balance security, compliance, and innovation within a single, cohesive risk management strategy.

Countering AI-Powered Threats

While AI has enormous potential, bad actors are leveraging AI to enhance the speed, scale, and sophistication of attacks. Social engineering schemes, advanced fraud tactics, and AI-generated phishing emails are becoming more difficult to detect, with some leading to significant financial losses. Deepfakes, for instance, are finding their way into targeted scams aimed at compromising organisations. A 2024 ENISA report highlighted that AI-enhanced phishing attacks have surged by 35% in the past year, underscoring the need for stronger cybersecurity measures.

To stay ahead organisations must prepare for an era where cyberattacks operate at machines’ speed. Transitioning to a defensive approach anchored in automation is key to responding swiftly and effectively, minimizing the impact of advanced attacks. The future of AI agents in the cybersecurity domain may not be far off.

This means deploying AI-powered security tools that can detect anomalies in real time, automate incident response and adapt evolving threats. Equally important is that business across Ireland need to start fostering a culture of cyber awareness across the workforce, which is supported by AI-driven training tailored to individual risk profiles to counteract evolving threats.

Leveraging AI to Strengthen Security

AI’s capabilities offer organisations powerful tools to fortify their defenses. With its ability to detect vulnerabilities, predict risk, and accelerate response times, AI is emerging as a critical asset in the fight against cyber threats. It can help Irish organisations move from reactive to proactive security postures. The Innovation Catalyst Study found 75% of business and IT leaders say AI/GenAI is a key part of their organisation’s business strategy, with many already seeing tangible results in their cybersecurity strategies.

Here’s how organisations in Ireland can leverage AI to enhance security:

  • Secure Software Development: AI can improve coding processes by detecting weaknesses early, helping teams reduce vulnerabilities in the development phase.
  • Advanced Threat Prediction: AI’s algorithms can identify patterns and anticipate potential attack paths, aiding teams in proactive risk allocation.
  • Enhanced Threat Detection: By processing vast datasets in real time, AI can discern genuine threats from noise with unprecedented accuracy.
  • Automated Incident Responses: AI tools can significantly accelerate containment and mitigation following an intrusion, reducing response timelines.
  • User Awareness Programs: AI-powered systems can deliver tailored security training to employees, fostering vigilance and reducing human errors that often lead to breaches.
  • For many businesses, the adoption of these advanced AI-driven tools will rely on partnerships with technology providers. It’s critical to ensure internal processes and data are structured and simplified to fully support the power of AI-enabled cybersecurity solutions. An automation-first approach ensures that businesses can adapt to a future where autonomous threats are the norm.

 Building a Resilient Future

Ireland’s digital future depends on our ability to innovate with confidence and as we know AI has now moved beyond emerging technology status and now plays a central role in digital transformation. That means embedding security into every AI initiative, aligning with evolving regulations and investing in skills, talent and right technology/technology partners is needed to stay ahead of threats.

Companies that approach AI security with robust protections and innovative strategies will not only mitigate risks but position themselves as industry leaders. By addressing the three imperatives of managing risks, countering threats, and leveraging AI for security, businesses here in Ireland can unlock AI’s full potential.

Secured properly, the innovation AI enables will drive sustainable growth for businesses across EMEA, setting them up to thrive in an increasingly digital and data-centric world. The future belongs to those who innovate securely, balancing progress with responsibility.

How Log Management Software Fits into Your Overall Security Strategy

Contemporary cybersecurity methods need visibility and rapid action in addition to firewalls and antivirus software. Log data stands as one of the most essential resources available to an organization’s toolkit. Logs enable security teams to identify irregularities while they trace attacks and uphold industry compliance standards.

Simplifying Compliance with Audit-Ready Records

The importance of compliance in cybersecurity strategies has grown for data-sensitive industries since it is now a fundamental component of these strategies. Detailed logging systems are essential for companies to prove their security measures when complying with HIPAA, PCI DSS, GDPR, or SOX standards. A single platform that combines data collection, storage, and analysis capabilities streamlines processes and boosts response times. Organizations strengthen incident response and compliance tracking with log management, integrating real-time data analysis into their broader security architecture. A successive protective system changes defensive strategy from a reactive approach to proactive measures.

Detecting Threats Earlier Through Real-Time Monitoring

Early identification of cyber threats helps organizations avoid data breaches and reduces business interruptions. Security teams can track live system activities through log management systems, which identify and report suspicious behavior immediately when it happens. Security systems immediately send alerts whenever they detect unrecognized login attempts or access failures. The early warning system minimizes the period between a security breach and the response time, which is an essential element in damage control. Security personnel gain a significant advantage from the swift detection of abnormal patterns regardless of whether the incident stems from internal misuse or external intrusion. Centralizing logs from multiple sources guarantees that organizations detect and address all suspicious activities.

Supporting Incident Response with Detailed Forensics

Logs help organizations through event chronology to present a comprehensive time sequence of system operations, both prior to and subsequent to security breaches. Event details, along with future incident prevention strategies, become impossible to create without a thorough and precise record of all activities. Log management tools support forensic examinations by aggregating logs from multiple devices and network applications. Security analysts utilize logs to understand the actions of attackers and determine their point of entry while evaluating the extent of damage. The insights gained are essential for restoring systems and planning future defense strategies. Immediate retrieval of forensic data reduces system downtime and improves the quality of post-incident reports.

Reducing Alert Fatigue Through Centralized Analysis

SOCS teams are responsible for handling multiple alerts generated by various security tools. When alerts cannot be consolidated, they create major obstacles to distinguishing true threats from false positives. Log management systems address this problem by collecting all data into a centralized location where correlation rules help eliminate unnecessary noise. Security analysts receive actionable insights that allow them to work uninterrupted by disconnected alerts. Organizations that optimize their response process will experience less alert fatigue while enhancing their response quality and speed. Security teams can prioritize legitimate threats and emerging risks by staying focused and avoiding unnecessary or duplicate alerts.

Providing Context for Endpoint and Network Activity

Context is critical when investigating security events. Determining the authenticity of online login attempts requires validation to distinguish between legitimate users and brute-force attacks. Before proceeding with the system update, administrators must verify the software’s legitimate status to prevent potential malware impersonation. By linking system data points, log management software enables analysts to gain environmental understanding for enhanced decision-making capabilities. Investigators gain a complete understanding of possible security events by examining endpoint logs together with server and network appliance data. Analyzing system interactions during an event enables teams to identify vulnerabilities and create improved defensive approaches. Detailed context removes ambiguity and enables analysts to achieve accurate conclusions in less time.

Enabling Proactive Security Through Trend Analysis

Security extends beyond incident reaction to include threat anticipation. By monitoring organizational behavior over time, log management systems enable organizations to spot developing trends that can act as early warnings of potential threats. An increase in failed login attempts, along with repeated attempts from one IP address, may suggest that an attack is about to occur. Pattern analysis enables businesses to determine where to reinforce security measures or revise organizational policies effectively. The proactive strategy boosts organizational preparedness while lowering the chances of attack success. Long-term planning benefits from trend data since it reveals persistent risk areas and unusual patterns in user behavior.

 

 

Effective cybersecurity strategies must integrate log management software as a core component. Organizations gain the ability to discover threats early, respond to security incidents with confidence, and keep regulatory compliance straightforward. Through the process of consolidating and examining their log data, organizations achieve better visibility and extract valuable insights that strengthen their security measures. Integrated log management transforms complex data into clear security benefits regardless of whether you’re addressing a breach or preventing one.

One in Three Irish Households Experience Cybercrime

Kyndryl the world’s largest IT infrastructure services provider, today published new research highlighting escalating threats from cyberattacks and scams to Irish households. The findings offer an in-depth perspective on cybersecurity readiness, habits and vulnerabilities among individuals in Ireland, highlighting a lack of basic cybersecurity precautions and awareness, which include:

  • One in five (20%) respondents reported directly experiencing a cyberattack or online fraud in the past year.
  • An additional 15% reported attacks within their household. In total, more than one in three (36%) Irish households have experienced cybercrime over the last 12 months.
  • Almost half (48%) of respondents reuse the same password across multiple sites.
  • More than a quarter (26%) acknowledge using public Wi-Fi for sensitive activities like banking and online shopping, exposing themselves to attacks.

“While businesses are grappling with the complexities of maintaining future-ready IT infrastructure, as highlighted in our recent Kyndryl Readiness Report, the same principles apply to consumers: effective cybersecurity starts with people,” said Chris Davis, Managing Director, Kyndryl Ireland. “Cybersecurity readiness isn’t just about having the latest tools – it’s about fostering awareness and proactive behaviours among individuals. Increasing public awareness and education is crucial to help individuals protect themselves in an ever-evolving digital environment. At Kyndryl, we believe that a collaborative effort involving government, businesses, and educational institutions is essential to fostering a more secure digital society, and we’re committed to supporting that mission.”

The new research was conducted by 3Gem Research and Insights and builds on findings of organizational readiness that Kyndryl recently published in its inaugural Readiness Report.

Cyber threat concerns are pervasive

Cybersecurity worries are widespread, with 73% of respondents most concerned about personal devices being hacked, such as smartphones and laptops. The second biggest concern is online scams (68%), followed by identity theft (58%). Nearly half (48%) fear sensitive information being leaked through data breaches, while 28% express anxiety over ransomware attacks.

Young adults most at risk of cyber fraud

Almost one in five (21%) individuals experienced a cyberattack or online fraud attempt in the last year, with an additional 15% reporting that a household member had been targeted.

Young adults, particularly those aged 25-34, appear to be the most vulnerable, with 29% having been directly targeted by cybercriminals. This figure drops to 19% for those aged 45-54, and just 11% for individuals aged 65 and above.

Poor password practices still prevalent
Password reuse remains a major security risk, with 48% of respondents stating they use the same password across multiple accounts – a habit that significantly increases vulnerability to cyberattacks. This risky behaviour is most prevalent among 18-24 year-olds (57%), compared to 36% of those aged 65+.

Alarmingly, 41% of respondents say they rely on memory to store their passwords, making it less likely they use strong, complex alphanumeric combinations. Reliance on memory increases with age, from 37% of 18-24 year-olds to 50% of 55-64 year-olds.

Only 24% of respondents use a password manager, considered one of the safest ways to store and generate strong passwords. Meanwhile, 17% write their passwords on paper, 12% rely on browser auto-fill, and 4% admit to using the same password for all accounts.

Risky online behaviour still common
Risky online practices remain widespread, with 26% of respondents admitting to using public Wi-Fi for online banking or shopping – leaving them exposed to potential attacks. This behaviour is particularly prevalent among younger age groups, with 41% of 18-24 year olds and 35% of 25-34 year olds engaging in this high-risk activity.

Additionally, 18% of respondents opt out of using Two-Factor Authentication (2FA), a highly effective method for securing online accounts. Among younger respondents, the figure rises to 23% of 18-24 year olds and 24% of 35-44 year olds.

Consumers have little tolerance for data breaches

Consumers expect high standards of data protection from service providers. If a breach occurred, 74% of respondents said they would be likely to stop using a financial service, such as a bank or insurance provider, while 75% would do the same for social media platforms like TikTok or Instagram.

Slightly more lenient attitudes were noted for other services: 70% would be likely to stop using a retailer, 69% an email provider, and 64% a gaming service following a breach.

Public is divided on responsibility for cybersecurity education

When asked who should take the lead in educating the public about cybersecurity, 35% of respondents believed that this was the responsibility of the National Cyber Security Centre (NCSC), the body formally responsible for Ireland’s cybersecurity. Schools were the second-most popular choice, with 19% believing they should bear primary responsibility.

Meanwhile, only 12% of respondents feel employers should play a leading role, and just 7% believe universities should be primarily responsible for cybersecurity education.

Cybersecurity Challenges in Irish Online Gambling: Navigating a Complex Landscape

As the online gambling industry in Ireland continues to expand, so do the challenges associated with ensuring cybersecurity. This vibrant sector, fuelled by technological advancements and changing consumer preferences, faces a myriad of threats and regulatory hurdles aimed at safeguarding both operators and players. With the advent of new technologies and the increasing sophistication of cyber threats, the stakes have never been higher for ensuring robust cybersecurity measures are in place.

Evolving Regulatory Landscape

As mentioned earlier, online gambling in Ireland is popular, and the recent introduction of the Gambling Regulation Bill marks a significant shift in the country’s approach to the activity. This legislation emphasizes the importance of data protection and consumer safety, requiring operators to adapt swiftly to new cybersecurity requirements. In particular, the bill places a strong emphasis on the need for online gambling platforms to implement advanced security protocols to protect sensitive user data. This includes both personal information and financial transactions, which are prime targets for cybercriminals.

The regulatory landscape is further complicated by the need for compliance with international standards, such as the General Data Protection Regulation (GDPR). This European Union regulation requires companies to ensure the protection of personal data and privacy, adding an additional layer of complexity for online gambling operators in Ireland. Compliance is not just a legal obligation but also a critical component in maintaining consumer trust.

Cybersecurity Threats on the Rise

The online gambling sector is facing an increasing wave of cyber threats. Among the most common are Distributed Denial of Service (DDoS) attacks, which can cripple a website by overwhelming it with traffic. Account takeovers are another significant threat, where hackers gain access to user accounts, potentially leading to financial loss and identity theft. SQL injection attacks, which involve inserting malicious code into a database query, can also compromise user data.

The impact of these threats is not merely theoretical. Past data breaches in the sector have highlighted the severe repercussions for both operators and players. For operators, a breach can result in financial losses, legal liabilities, and reputational damage. For players, the consequences can be equally dire, undermining their trust in online platforms and deterring them from engaging with online gambling services in the future.

Harnessing Technological Innovations

To combat these threats, the industry is increasingly turning to technological innovations. The use of AI and blockchain technologies is being explored to enhance security measures. AI can help detect and respond to threats in real-time, offering a dynamic defence against cyber attacks. Blockchain technology offers numerous benefits; its decentralized and transparent nature ensures secure transaction records that are highly resistant to tampering. However, these technologies are not without their challenges. AI systems require large amounts of data to function effectively, raising concerns about privacy and data protection. Blockchain, while inherently secure, is not immune to vulnerabilities and requires careful implementation and management.

The Role of Player Protection Measures

Consumer protection regulations are at the forefront of the new gambling rules, requiring operators to implement measures against fraud and identity theft. This includes the secure handling of personal information and financial transactions. Operators are also required to install sophisticated monitoring systems that track player behaviour, identifying signs of problematic gambling. These systems must balance the need for user privacy with the need for intervention, ensuring that players are protected without infringing on their rights.

Industry Response and Future Outlook

The response from online gambling operators has been proactive. Many have invested in specialized IT teams and advanced security software to bolster their defences against cyber threats. Collaboration with cybersecurity firms is becoming increasingly common, facilitating the sharing of threat intelligence and best practices. These partnerships allow operators to stay ahead of emerging threats and ensure their platforms are secure.

Looking ahead, the future of cybersecurity in the Irish online gambling industry will likely be shaped by ongoing regulatory changes, technological advancements, and the evolving threat landscape. As global standards influence local practices, operators must remain vigilant and adaptable to maintain the trust and security of their users. The dynamic nature of the online gambling industry in Ireland challenges operators to not only comply with regulations but also stay ahead of cyber threats. As the sector grows, so too must the commitment to robust cybersecurity measures, ensuring a safe and secure environment for all involved.

In conclusion, the cybersecurity challenges faced by the Irish online gambling industry are multi-faceted and complex. They require a concerted effort from regulators, operators, and technology providers to ensure that the sector remains secure and trustworthy. As the industry continues to evolve, the focus must remain on protecting both operators and players from the ever-present threat of cybercrime.

How VPNs Can Protect Your iPhone from Cyber Threats

In the digital age, where cyber threats are increasingly sophisticated, protecting your iPhone’s data is more critical than ever. Virtual Private Networks (VPNs) offer a robust line of defense, ensuring your digital privacy and security in various ways. Let’s explore how a quality VPN, such as a robust VPN for iPhone, can shield your device from numerous cyber threats.

Encryption of Data Transmission

The fundamental security feature of any VPN is its ability to encrypt data transmissions. When using a VPN on your iPhone, your data is secured in an encrypted tunnel, rendering it unreadable to potential interceptors. This encryption is particularly vital when transmitting sensitive information, such as passwords or financial data. VPNs employ advanced encryption protocols like OpenVPN or IKEv2/IPsec, balancing maximum security with optimal speed. This encryption ensures that your personal information remains confidential, safeguarding it against cyber criminals who may intercept network traffic.

Securing Public Wi-Fi Connections

Public Wi-Fi networks are convenient but notoriously insecure, making them prime targets for cybercriminals. A VPN secures your iPhone’s connection on these networks by routing your internet traffic through encrypted servers. This hides your online activities from potential snoops on the same network. By using a VPN on public Wi-Fi, you substantially lower the risk of cyber attacks, keeping your personal information safe from the vulnerabilities commonly found in these networks.

Anonymizing Online Activities

Anonymity is a crucial aspect of cybersecurity. A VPN masks your iPhone’s IP address, making your online activities anonymous and protecting you against targeted cyber-attacks and surveillance. This anonymity makes it challenging for hackers to track your online movements or determine your physical location, providing a critical barrier against identity theft and digital espionage.

Blocking Malicious Sites and Adware

Beyond encryption and anonymity, many VPNs offer integrated features to block access to malicious websites and ads. This is a proactive security measure, vital in an era where cyber threats are constantly evolving. By filtering out harmful content, a VPN can prevent your iPhone from being compromised by malware, protecting your personal data from unauthorized access or theft.

Regular Updates and Security Patches

The dynamic nature of cyber threats necessitates regular software updates. A VPN that frequently updates its software ensures protection against the latest vulnerabilities and threats. These updates often include security patches for newly discovered exploits, keeping your iPhone secure against emerging cyber threats. A commitment to regular updates is essential for maintaining high security on your iPhone, protecting it from the plethora of evolving cyber risks.

In conclusion, employing a VPN on your iPhone is a prudent step towards enhancing your digital security and privacy. It provides a multifaceted defense mechanism against various cyber threats, from encrypting data to blocking malicious sites. Remember, not all VPNs are created equal. Choose a VPN that offers comprehensive features and regular updates to ensure the best protection for your iPhone in the ever-changing landscape of cybersecurity.

Emerging Cyber Threats and the Role of Technology Media: A Spotlight on TechBuzzIreland and Guardio

The digital cosmos is presently in the throes of a substantial surge in cyber terrors. Proliferating at an exponential rate, this phenomenon is an offshoot of our existence in the era of bits and bytes. Miscreants of the virtual world, armed with progressively refined assault arsenals, continue to create menacing ripples. The onus, therefore, falls upon our public and private enterprises to outpace this ominous curve, shielding their data troves and virtual valuables.

Guardio, a luminary in the cybersecurity sphere, paints a picture of these threats morphing ceaselessly. This fluid landscape dictates a dynamic approach, punctuated by frequent fine-tuning of our protective and counteractive game plans.

The Role of Technology Media Outlets
In this intricate cyber landscape, technology-focused media outlets like TechBuzzIreland have a crucial role to play. These platforms can serve as a conduit between cybersecurity firms and the public, demystifying complex concepts and
sharing actionable insights in a language that non-technical individuals can understand.

Bridging the Information Gap
The average person may not fully grasp the complexities of cybersecurity. Still, they undoubtedly need to understand the potential risks and preventive measures that can shield them from becoming victims. Here, tech media outlets bridge the gap by transforming complex cybersecurity information into comprehensible news and articles.

Providing Timely Updates
TechBuzzIreland, and similar outlets, provide real-time updates on the latest cybersecurity threats and advancements in cyber protection. Given the rapid pace at which cyber threats evolve, these platforms; real-time updates are essential in
equipping the public and businesses with the information needed to stay safe. Guardios Insights on Emerging Threats
Guardio has been at the forefront of identifying and combating emerging cyber threats. Its insights have been instrumental in the fight against cybercrime, and its partnership with technology media outlets amplifies its reach and impact.

The Threat Landscape
Guardio has highlighted the rise of various cyber threats. These include ransomware attacks, which have seen a significant increase, especially against businesses. Ah, phishing attacks – an ominous specter that looms large. Their footprints have
become all too familiar in our digital alleys. Crafty rogues are taking a keen interest in the Achilles’ heel of security apparatuses – we, the humans!

Meanwhile, Guardio pulls the curtain back on a sinister puppet show – the Advanced Persistent Threats or APTs, if you will. Picture malevolent hackers as crafty spiders weaving webs within a network. Slipping in, they opt to dwell, clandestine, in the
nooks and crannies for what seems like an eternity. This malicious occupancy allows them to pilfer and plunder delicate data morsels, all while remaining cloaked in the shadows. Unnerving, to say the least.

Steps to Mitigate Threats

Guardio suggests multiple steps to mitigate these threats. For ransomware, for instance, they advise frequent backups of essential data and keeping systems and software up-to-date to avoid known vulnerabilities. Guardio also emphasizes the
importance of strong, unique passwords and the use of two-factor authentication.

For phishing attacks, education is key. Picture this: Internet denizens must morph into virtual sleuths, on the lookout for tell-tale signs of phishing exploits. Skepticism should be your newfound companion when it comes to unsolicited links winking at
you or whispers asking for personal tidbits. Guardio, sporting its armour of high-tech tools, promises to be your digital watchdog, barking alerts when it sniffs out anything remotely shady in your digital neighborhood.

The Power of Collaboration: Technology Media and Cybersecurity
When cybersecurity companies like Guardio and technology-focused media outlets like TechBuzzIreland collaborate, they create a powerful force against cyber threats. Together, they can communicate complex cybersecurity information effectively,
ensuring both businesses and individuals are better equipped to deal with emerging cyber threats.

Facilitating Wider Dissemination of Cybersecurity Knowledge
When Guardios insights are communicated through media outlets, the information reaches a broader audience. Businesses, institutions, and the general public get timely access to valuable cybersecurity knowledge, which can significantly reduce their risk of falling victim to cyber threats.

Cultivating a Cybersecurity Culture
By educating the public and businesses on cybersecurity best practices, these collaborations contribute to cultivating a culture of cybersecurity. When cybersecurity becomes a part of everyday conversations, individuals and businesses are more likely to adopt better security habits, thus reducing their vulnerability to threats.

Conclusion: Embracing a Proactive Stance
In conclusion, the rise of cyber threats demands a proactive stance. It’s not enough to react to threats as they occur; we must anticipate them and take preventive measures. Technology media outlets like TechBuzzIreland, in collaboration with
cybersecurity firms like Guardio, can play a vital role in this regard. By providing up- to-date, accessible, and actionable information, they can empower individuals and businesses to safeguard their digital assets effectively. In a world increasingly driven by digital interactions, this could be the most crucial battle we face.

People as important as technology in strengthening cyber resilience – By Catherine Doyle, Managing Director, Dell Technologies Ireland

In today’s data-driven world, cyber security is more important than ever. Despite the uncertainty of recent times, businesses and organisations in Ireland are still transforming at speed.

Technology remains at the very centre of Government efforts to foster innovation and economic growth. The latest national digital strategy sets out a range of ambitious targets to ensure that three in four Irish businesses adopt Artificial Intelligence, Big Data and Cloud by 2030. 90% of services are also due to be consumed online by the end of the decade.

While these targets are welcome and, moreover, necessary to make sure Ireland harnesses the full potential of the very latest technologies, it’s also the case that an increase in digitalisation brings with it a corresponding increase in the threat of cyber-attacks.

Evolving cyber threats

Over the past year, we have seen several high-profile cyber incidents here in Ireland that reinforce the need for small and large businesses across the public and private sector in Ireland to enhance their cyber resilience. Indeed, in 2022 alone, the total cost of cybercrime is estimated to have surpassed €10bn.

As cyber-crime becomes more prevalent so do the sorts of attacks levelled at businesses become more insidious. The Garda National Cyber Crime Bureau and National Cyber Security Centre (NCSC) warned about an increase in ransomware attacks against small and medium sized businesses (SMEs) over the past few months. In recent weeks, the National Cybersecurity Coordination and Development Centre has been created to help strengthen SME cyber resilience. 

The problem is that the ability to protect an organisation’s data has become increasingly difficult with some SMEs overwhelmed. A shift to hybrid working has given malicious actors new opportunities to target vulnerable remote workers while phishing attacks and email thread hijacking have been on the rise.

Business leaders are beginning to react, with nine in ten business leaders now recognising the vital importance of building the cyber resiliency of their firm. From Zero Trust frameworks for the verification, assurance and protection of data to robust response and data recovery plans, Irish leaders are turning to new technologies and new technology models to strengthen their cyber security. 

Importance of culture 

However, cybersecurity is just as much, if not more, about people than technology.

In tandem with technology solutions, there needs to be a cultural shift within businesses that recognises the importance of cyber security. This comes from the top of the organisation and filters through down to all levels and departments.

Business leaders are actually the first line of defence. By setting the tone and the culture for cyber resilience within an organisation, leaders play a vital role in putting cyber security at the very heart of business strategy and workforce development.

A key component of this is influencing employee behaviour around cyber resilience in the workplace – empowering their people with the latest training and skills to become role models and champions of the best cyber security practices.

While the latest intelligent tools and data protection services will always play a critical role, they are just one key part of an overall strategy that recognises how everyone within the business needs to work together to ward off cyber threats. 

Whole of organisation approach

This particularly applies to those teams who are developing new products or services. By integrating cyber security into both their products and practices, these teams can help to close the loop on cyber security for their own business and that of their customers.

In this way, leaders can better embrace a comprehensive approach to cyber risk mitigation that goes beyond mere threat detection. Rather, they can ensure that cyber security plays an integral role in an organisation’s overall business strategy from the very beginning and is considered in any future digital transformation initiatives. 

At Dell Technologies, we’re seeing more organisations across both the private and public sector treat cyber security as an integral component of their overall digital transformation strategy. When setting out to build a consistent digital learning experience for its 34,000 students and staff in a hybrid world, Ulster University tapped into Dell’s team of cyber experts to enhance its cyber resilience.

Protecting Ireland’s most critical data

With AI, 5G and Edge Computing developing at pace, Ireland has a unique opportunity to become a world leader in a range of emerging technologies. However, if we are to reach our 2030 digital targets, we need to continually ward off the latest cyber threats and protect Ireland’s reputation as a digital hub both in Europe and beyond.

At Dell Technologies, we are continually working to help Ireland remain one step ahead of cyber threats. Through a €2m investment in our new Customer Solutions Centre in Cork, we’re looking to provide the essential infrastructure for organisations to protect their most important information assets and help strengthen the city’s location as a cyber security hub.

But, as cyber threats become more sophisticated and costly, business leaders need to become the front line of defence on this journey.

That means placing a strong focus on building a culture where cybersecurity is everyone’s responsibility and where their people have the skills to enhance cyber resilience within their organisation. By fostering that culture, leaders of large, medium and small businesses can not only protect themselves against the increasing threat of cyber-attacks but can reduce business disruption and recover more quickly “when” and not “if” an attack occurs in the weeks and months ahead.

Logicalis UK & Ireland survey reveals security threats & skills are the biggest concerns for IT experts

Logicalis UK&IRL the leading technology service provider, today reveals the challenges that IT professionals are most concerned about in 2023, with security threats taking the top spot (47%). This was followed by skills and resourcing (46%) and budgetary pressure (36%).

The survey of IT professionals across Ireland and the UK also found that more than a third (35%) are concerned about upgrading legacy infrastructure systems, while almost a fifth (18%) are worried about IT supply chain shortages.

Given the challenges causing the most concern, it’s perhaps unsurprising that some 71% of respondents are planning to focus their IT strategy this year on security. The other two most cited focus areas were public cloud (46%) and automation (41%).

Clearly, cloud remains a key focus for 2023 with a quarter (25%) of IT experts also honing in on cloud backup. Some 30% will prioritise hybrid (multi) cloud, with 34% set to focus on Software as a Service (SaaS) or cloud applications.

A similar proportion (35%) are setting their sights on data protection and compliance as a primary focus area of their 2023 IT strategy, while workplace modernisation is a priority for 26% and remote working is high on the list for 30%. The same amount (30%) cited end user computing and environmental sustainability as key areas.

In terms of IT budgets for 2023, the research revealed that 35% of IT professionals are expecting theirs to increase – this is down considerably from 2022 when 51% expected their IT budgets to increase. Meanwhile, some 40% are expecting theirs to stay the same, with a quarter (25%) anticipating a decrease – rising from 16% who expected a decrease the year previously.

When it comes to making strategic IT decisions, 76% said the input of the internal IT team is most valuable. Moreover, half (50%) value the input of their peers/personal network most and 46% identified independent tech specialists.

The study also found that 95% of organisations are currently using Microsoft as the technology vendor most aligned with their IT strategy for 2023. The other vendors in the top five were VMware (83%), Azure Cloud (82%), Dell (78%) and Cisco (73%).

Alex Louth, Managing Director, Logicalis UK&I, said: “Given the concerns around rising threats and lacking skills, where IT leaders allocate their spend is more critical than ever. Furthermore, there is a balance to be found between securing company systems and supporting the modern workplace.

“This will mean choosing not just the right technological solutions and vendors, but having an approach which can evolve to meet the needs of the team and the business as a whole – both today and moving forward.

“After all, workplace modernisation is a continuous process and change is required. However, if organisations can successfully master and implement their IT strategy, they can protect their data, encourage team innovation and drive business growth.”

To download the Logicalis IT Survey Results, Independent Survey of IT Priorities, UK and Ireland, click here.

Why Businesses Must Address the Growing Menace of Cyber Threats

In today’s interconnected world, the proliferation of digital technologies has brought tremendous opportunities for businesses to thrive. However, along with these advantages comes the dark underbelly of cyber threats, posing significant risks to organizations of all sizes and industries. Cybercrime has evolved into a highly lucrative industry, with hackers constantly devising new methods to breach defenses and exploit vulnerabilities. It is imperative for businesses to prioritize cybersecurity and implement robust measures to protect their sensitive data, systems, and customers. This article delves into the pressing need for businesses to address the growing menace of cyber threats, highlighting the potential consequences of inaction and providing insights into effective cybersecurity practices.

I. The Expanding Cyber Threat Landscape

In recent years, the cyber threat landscape has expanded exponentially, becoming more sophisticated and widespread. Cybercriminals employ a wide range of tactics, such as malware, phishing attacks, ransomware, and social engineering, to target businesses and individuals. These threats are not confined to specific industries or regions, making organizations across the globe vulnerable. Moreover, the COVID-19 pandemic has further exacerbated the situation, with cybercriminals exploiting the chaos and remote work environments to launch targeted attacks. It is crucial for businesses to acknowledge the gravity of the situation and proactively address these threats.

II. The High Cost of Cyber Attacks

The repercussions of a successful cyber attack can be devastating for businesses, resulting in significant financial losses, reputational damage, and legal liabilities. The Ponemon Institute’s 2021 Cost of a Data Breach Report revealed that the average total cost of a data breach is a staggering $4.24 million. This includes expenses related to incident response, investigation, customer notification, legal settlements, regulatory fines, and potential loss of business. Small and medium-sized enterprises (SMEs) are particularly vulnerable, as they often lack the resources and expertise to combat cyber threats effectively. A single cyber-attack has the potential to cripple an entire organization and lead to long-term consequences.

 

III. The Crucial Role of IT Providers

Amid the rising threats, businesses must recognize the crucial role that IT providers play in safeguarding their digital assets. IT providers offer specialized knowledge and expertise to help organizations fortify their cybersecurity defenses. These professionals possess a comprehensive understanding of the evolving threat landscape, enabling them to implement robust security measures tailored to a business’s specific needs. As seen at grapevinemsp.com, IT providers offer services like vulnerability assessments, network monitoring, intrusion detection, and incident response. By partnering with trusted IT providers, businesses can enhance their cybersecurity posture and stay ahead of potential threats.

IV. Strengthening the Human Element

While technology is essential in defending against cyber threats, it is equally important to address the human element. Employees often unknowingly become the weakest link in an organization’s cybersecurity defense. Phishing attacks, where hackers manipulate individuals into revealing sensitive information, remain one of the most common entry points for cybercriminals. Businesses must prioritize ongoing training and awareness programs to educate employees about potential threats and equip them with the necessary skills to identify and report suspicious activities. By fostering a culture of cybersecurity awareness, organizations can empower their workforce to actively contribute to their defense against cyber threats.

V. Compliance and Regulatory Requirements

In addition to financial and reputational damage, businesses failing to address cyber threats adequately also face legal and regulatory consequences. Governments worldwide have implemented stringent data protection laws and regulations to safeguard individuals’ personal information. Organizations that fail to comply with these requirements face severe penalties, including fines, sanctions, and legal liabilities. For instance, the European Union’s General Data Protection Regulation (GDPR) mandates strict security measures and imposes fines of up to €20 million or 4% of global annual turnover, whichever is higher, for non-compliance. By prioritizing cybersecurity, businesses can ensure compliance with regulatory frameworks and avoid severe penalties.

VI. Building a Comprehensive Cybersecurity Strategy

To effectively tackle cyber threats, businesses must adopt a holistic and proactive approach to cybersecurity. A comprehensive cybersecurity strategy encompasses several key elements, including risk assessments, incident response plans, encryption protocols, regular system updates, and employee training. Businesses should conduct regular vulnerability assessments to identify potential weaknesses in their systems and promptly address them. Incident response plans should be developed and regularly tested to ensure a swift and coordinated response in the event of a breach. Encryption protocols should be employed to safeguard sensitive data both in transit and at rest. By integrating these measures, businesses can build a robust cybersecurity framework.

As cyber threats continue to proliferate and evolve, businesses must take immediate action to protect their digital assets and customer information. The expanding threat landscape, coupled with the high cost of cyber attacks and regulatory requirements, necessitates a proactive approach to cybersecurity. By partnering with trusted IT providers, strengthening the human element, and building comprehensive cybersecurity strategies, businesses can fortify their defenses and mitigate the risks associated with cyber threats. Safeguarding against cybercrime is not a luxury but an imperative for businesses operating in the digital age. By prioritizing cybersecurity, organizations can instill trust, protect their reputation, and ensure a secure future in an increasingly interconnected world.