ENABLING EFFECTIVE DATA PROTECTION - InteliSecure · 2020-01-13 · fully compliant with GDPR and...

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ENABLING EFFECTIVE DATA PROTECTION Embrace a pivotal information security shift to make data protection easy and fast in your dynamic midsize enterprise. Many organizations are hesitant to adjust their information security measures because they think changing their approach will prove too complex and costly to manage. Fortunately, the opposite is true: Organizations that take a modern, managed approach to data protection discover that their security programs are less complex, less costly, and more effective.

Transcript of ENABLING EFFECTIVE DATA PROTECTION - InteliSecure · 2020-01-13 · fully compliant with GDPR and...

Page 1: ENABLING EFFECTIVE DATA PROTECTION - InteliSecure · 2020-01-13 · fully compliant with GDPR and 86% of companies aren’t ready for CCPA. The U.S. Department of Health and Human

E N A B L I N G E F F E C T I V E D A T A P R O T E C T I O N Embrace a pivotal information security shift to make data protection easy and fast in your dynamic midsize enterprise.

Many organizations are hesitant to adjust their information security measures because they think changing their approach will prove too complex and costly to manage.

Fortunately, the opposite is true: Organizations that take a modern, managed approach to data protection discover that their security programs are less complex, less costly, and more effective.

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Today, every company—big or small—faces the potential for data loss. Threats are numerous and are coming from both internal and external actors. Not all organizations have the capacity and resources to meet the challenges of such a dynamic cyber security environment.

The need to quickly enable an effective data protection program has never been greater. Failure to comply can mean fines from industry regulators, loss of trust from customers, and even financial ruin for the enterprise.

For midsize enterprises, the challenges are amplified. They’re governed by the same stringent regulations as global companies but have less flexibility in staff, time, and budget for addressing complex security needs. Adding data protection can strain internal resources.

There is good news in all of this: Regardless of your industry—whether you’re part of a large global enterprise or a midsize regional organization—comprehensive, compliant data protection is attainable.

DATA PROTECTION AND COMPLIANCE HAVE BECOME A BALANCING ACT

Ready for the shift?Getting there requires a twofold adjustment in the way you approach data protection:

Taking a perimeter-only approach.

Thinking you have to do it alone.STOP

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This is a serious question for any organization. Midsize enterprises must balance cost, complexity, and drain on IT resources with the needs of the business. And just like any business investment, data protection must deliver tangible value.

So, what does data protection really mean? For most organizations, the value of data goes far deeper than simply avoiding a non-compliance fine.

For one InteliSecure client, the true value of their investment became clear when an InteliSecure Triage Analyst responded to an alert that an employee had saved more than 1,000 files to a removable storage device.

Closer examination of the files revealed that they contained intellectual property associated with a new medical device design. InteliSecure escalated the incident to the client and the FBI, and prosecutors later used the evidence to pursue a conviction.

The value of the data saved from loss in that incident was more than $25 MILLION.

Think your data isn’t worth that much? Think again. Almost every midsize enterprise has proprietary information that defines and differentiates it in its market. The loss of that IP can be catastrophic.

The main challenge, then, is to find an effective way to ensure data loss doesn’t happen.

“With InteliSecure, I have full visibility into the location and use of our sensitive data. We’ve mitigated

78% of stored data risks we were previously accepting, significantly

reducing risk exposure to our financials and reputation.”

CISO, Regional Bank

REALIZE THE VALUE OF EFFECTIVE DATA PROTECTION What would it mean to you to get the data protection you need—fast— and ensure that your data protection program is effective and compliant?

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S H I F T Y O U R A P P R O A C H It’s time to focus on what matters most.

Traditional information security approaches center around creating a protective perimeter—an imaginary wall around the business and its data. However, digital transformation has dramatically changed the way organizations create, store, use, and share information. As a result, information is more vulnerable in more ways, and data protection regulations have become more rigorous. The complexity of protecting sensitive information on premises, in the cloud, and in use can overwhelm internal teams who are not equipped with the time or resources to handle it.

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One fifth of organizations believe full compliance with GDPR is impossible.

(IAPP)

Employees are aware that their businesses have information sharing protocols, but more than a quarter do not know what they are.

(Igloo Software)

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$1.5T

20%

27%

If Cybercrime were a country, it would have the 13th largest GDP in the world.

(Bromium)

THREE STRIKES AGAINST SUCCESSFUL DATA PROTECTIONWhile fighting overwhelm in the all-too-serious environment of cyberthreats, companies face complex obstacles.

The Cybercrime EconomyAccording to a study commissioned by Bromium, cybercrime is thriving, sophisticated, and organized. Wombat Security’s State of the Phish 2018 report reveals that 76% of organizations and businesses were phishing targets. And Cisco’s 2018 Annual Cybersecurity Report shows that 31% of survey respondents’ organizations have experienced cyberattacks against their operational technology (OT) infrastructure.

More Demanding RegulationsFor most organizations, non-compliance isn’t intentional, but compliance is truly complicated, and that often means details are missed. According to the International Association of Privacy Professionals (IAPP), less than half of respondents said they are fully compliant with GDPR and 86% of companies aren’t ready for CCPA. The U.S. Department of Health and Human Services has found organizations non-compliant with HIPAA in 70% of investigations. And in its 2018 Payment Security Report, Verizon revealed that nearly half (47.5%) of the organizations assessed for interim PCI DSS compliance validation had not maintained all DSS controls.

The Perimeter Protection ApproachTraditional approaches to data protection require installation of firewalls to protect the network. Problem is, your data doesn’t stay inside your firewall. According to Igloo Software’s State of the Digital Workplace 2018, 50% of employees reported using shadow IT (unauthorized cloud or mobile apps); 41% of those say the reason they use them is because they are the apps they use in their personal lives.

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Your data don’t stay inside the walls of your facility. Organizations store, share, and use business data in fluid ways outside the perimeter in cloud applications and mobile devices.

Perimeter protections such as network firewalls are important security measures. Many data protection regulations require them, and most organizations consider firewalls a minimum standard.

But data protection today is highly complex. Companies that adapt a perimeter-only model quickly find themselves unprotected. Yesterday’s approaches don’t work when most of the organization’s data are used, stored, and shared outside the firewall.

The point of data protection is not to stop the use of those fluid data resources, but to enable users to work with them efficiently while still ensuring their protection. You must extend your security posture across cloud and mobile uses, implementing web, gateway, and Cloud Access Security Broker (CASB) tools. Do you have the in-house resources and expertise to do that?

LIMITED TIME

With today’s compliance burdens and the speed of business initiatives, businesses simply can’t wait months

to protect their sensitive data.

LIMITED BUDGET

Businesses struggling to find a data protection solution that balances

affordability and effectiveness may slow security adoption and leave

their company at risk.

LIMITED RESOURCES

The increasing volume of online transactions and communications,

mobile and smart devices, and a proliferation of authorized and unauthorized cloud applications typically maxes out the available resources for midsize enterprises.

LIMITED OPTIONS

Because data security is never a one-size-fits-all issue, businesses need solutions that can be tailored to their specific needs and adapt to the changes and complexities

of their industry.

COMBATING CHAOS, FACING LIMITATIONS

L I M I T S O F T H E P E R I M E T E R :

A ONE-SIZE-FITS-ALL APPROCH MEANS CHAOS

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To meet compliance demands quickly while simplifying and streamlining data protection, midsize enterprises are adopting an approach that prioritizes critical data asset protection. And to take the bulk of the data security monitoring and management burden off internal staff, companies leverage the expertise of managed data protection services providers.

S H I F T F R O M C H A O S T O C O N T R O L Effective data protection doesn’t have to overwhelm your internal teams.

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PROTECT CRITICAL ASSETS FROM THE INSIDE OUT Ready to shift your focus? A modern data protection model incorporates the perimeter measures you already have with a new and effective cloud data security strategy. You protect the data assets that matter most, no matter where they reside or move, and no matter who uses them.

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More sensitive information and data assets should be put in a safe, protected by additional security such as data loss prevention, SIEM,

UEBA, ETC.

Like your home, business data should be protected by perimeter security that

provides a basic level of protection.

Your security program should be checked regularly through

penetration testing.

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• Product formulas

• Pricing plans

• Manufacturing plans

• Research and development information

• Patents/copyrights

• Corporate financial data

• Client information

• Human resource information

• Proprietary software

• Scientific research

• Schematics

• Internal manufacturing processes

• Personally Identifiable Information (PII)

• Protected Health Information (PHI)

Who has critical assets? YOU do. Sometimes midsize organizations downplay the idea that they might be a target for cybercriminals with rationalizations such as:

• We’re too small.

• We hold a modest market share.

• We don’t have any real secrets.

Nothing is further from the truth!

WHAT IS A CRITICAL DATA ASSET? Information that would cause substantial harm to an organization’s bottom line and reputation if it were lost, stolen, or compromised.

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Identifying and protecting your critical data assets is only half the battle. Maintaining that protection becomes a full-time job.

For most organizations today, the proliferation of data protection tools, the sheer volume of threats, and the crushing load of sifting through security incidents is overwhelming and often prevents teams from being able to focus on the essential elements of an effective data protection program.

Simplifying the approach means that internal teams aren’t spending all their time sifting through security data. They can focus on the tasks that add value to business operations. And your company gets the data protection it needs: simple, cost-efficient, actionable, effective—and DONE.

But how do you achieve this kind of control? For most midsize organizations, it requires engaging an outside provider with the expertise and capacity to bring focus to the task.

A S I M P L E R M O D E L F O R D A T A P R O T E C T I O N :

ATTEND TO WHAT MATTERS MOST

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IDENTIFY

Monitor and record potential data loss incidents.

FOCUS

Eliminate false positives and identify true issues that you

actually must address.

REMEDIATE

Take action on those issues quickly—preferably before data loss occurs.

PREVENT

Enable decision makers to adapt business practices and data security

measures to close loopholes.

CORE ELEMENTS: WHAT DATA PROTECTION SHOULD BE

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Data Protection Made EasyInteliSecure FXSM managed data protection services deliver comprehensive critical asset protection through our proven methodology.

Whether you want a cloud-based or on-premises solution, fully managed services or customized, co-managed threat protection, FX reduces complexity and deploys quickly. It’s backed with industry-leading data-protection capabilities and reporting from our expertly staffed Security Operations Centers (SOCs) in the United States and the United Kingdom.

Moving beyond perimeter protection, FX combines more than a decade of risk and compliance expertise with cloud security technology from global leaders.

Fast, Easy, EffectiveInteliSecure FX (Fast eXecution) delivers comprehensive critical asset protection that’s up and running in days, not months. We help you:

• Reduce complexity. Focus on what’s most important, starting with mandated regulatory compliance, and identify the intellectual property that’s critical for your organization. With focus comes great clarity and simplicity.

• Comply faster. We apply our proven security policies that govern the movement and use of data. Once chosen, policies can be in place and active in just a few days.

• Lighten workloads. Our AI-assisted human Triage Analysts eliminate the high volumes of false positives so you deal only with the incidents that require your attention.

• Enable faster, better decisions. We provide clear, easy-to-understand reports that help you identify and minimize security risks in your user base and business processes.

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Data security is imperative, but in an environment that demands high degrees of compliance and instant responsiveness, in-house and truly comprehensive information security options are often expensive, time-consuming, and complex. To meet compliance demands quickly and take the burden of deployment, maintenance, and incident review off of their internal staff, midsize and larger enterprises are looking to managed data protection service specialists.

C O N S I D E R I N G T H E R O I O F D A T A P R O T E C T I O N Are your critical data assets still unprotected? Talk to stakeholders about making the shift.

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Reducing complexity and easing the burden on internal teams are admirable goals. However, business leaders must know that when they invest in a data protection program, it’s going to be worth the investment—not someday, but today.

Unsurprisingly, that’s where many data protection programs get hung up. Typical implementations require months to analyze business processes, write custom policies, hire and train analysts, and improve processes over time. Faced with limited resources and tight deadlines to meet regulatory compliance, long lead times increase risks and lower financial returns.

With InteliSecure FX managed data protection services, you don’t have to wait months to see ROI from your data security investment.

“InteliSecure’s preconfigured reports arm me with the data

I need to report on risk in terms business execs understand. They

also help me demonstrate the business value and ROI of our

security investments.”

—CISO, Financial Institution

M A K I N G T H E C A S E :

PROVEN ROI

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Here is a real-life example showing the immediate reduction in risk a company saw soon after InteliSecure put managed data protection measures in place. The process took less than 40 days from implementation to risk reduction.

By blocking and forcing encryption, this client dramatically reduced risk. According to the Ponemon Institute’s 2018 Data Breach Study, each record carries a cost of $3.86. At this rate, our client has reduced risk by about $3.5M per year with a rate of return of just shy of 12x on their investment.

D O N ’ T W A I T :

DRAW ON EXPERIENCE TO SEE RAPID ROI

$3.5M 12XREDUCED BUSINESS RISK ROI

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Managed Data Protection Services Deliver Real Value—Right NowAre you tired of struggling to prove compliance? Worn out from trying to balance data protection requirements with business and user needs? Frazzled from trying to keep up with the increasing volume of false security incidents? Let us put an end to it.

Implement a robust, affordable managed data protection solution that will protect your data, ensure compliance, and relieve pressure on your scarce internal resources.

InteliSecure FX makes data protection easy. The FX solution is scalable across a variety of configuration options. Depending on your organization’s needs, you can choose the FX Fully Managed cloud-based solution or FX Co-Managed solutions in your Azure or AWS cloud or on your premises.

Across the continuum of FX configurations, InteliSecure enables you to deploy the security strategies you need to protect your most sensitive information.

“What stands out the most about our InteliSecure team is their clear,

vested interest in making our program successful, and in improving what we do every month so we learn

and get better as time goes on. They are as committed to making

this program work as I am.”

Info Security Project Leader, InteliSecure client

It’s Time to Enable Effective Data ProtectionProtecting your critical assets is essential for the health and growth of your company. But it doesn’t have to overwhelm your internal teams.

Contact InteliSecure to learn about our FX managed data protection services. You’ll connect with a highly experienced data protection expert who will talk to you about your specific business, regulatory requirements, and needs. You’ll come away with a clear vision for transforming your company’s data security profile.

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InteliSecure specializes in making data protection easy, fast, and cost-effective for companies of nearly every size. More than 500 clients with over 2 million managed users rely on our services and specialists to protect the integrity and safety of their sensitive information. When you choose InteliSecure, you can leverage our more than 15 years’ experience and our partnerships with some of the world’s biggest names in cyber defense to simplify data security and compliance, eliminate the strain on IT teams, and reduce the risk of losing your most confidential information. Unlike other security providers, we focus on business outcomes—providing data and reports that make sense to business and security executives alike. InteliSecure serves clients globally with security operations centers in the United States and the United Kingdom.

A B O U T I N T E L I S E C U R E

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