Many Business Challenges – One Answer
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Regardless of size, businesses today face serious growing threats to their confidential data and critical systems from cyber criminals. These threat profiles are evolving constantly and growing in sophistication. The frequency of the attacks from both internal and external sources is up, and the impact of successful attacks is far more severe in terms of lost revenue and negative publicity.
If a business has an internet connection and has openings in the firewall (which is, for all practical purposes, an unavoidable requirement of doing business today) that business is vulnerable to attack. If a business trusts its employees with access to data, which it has to for them to be effective, that business is exposed to theft of corporate and customer data.
The picture painted by the 2007 CSI Computer Crime and Security Survey is particularly bleak. 18% of companies have experienced a targeted attack and fraud has now become the biggest source of loss with the average company financial loss being $350,000 – twice what it was in 2006.
It is clear that solutions that go beyond standard anti-virus and firewalls are required and SIM solutions such as EventTracker can help by substantially improving a company’s overall security profile.
Regulatory compliance adds another challenge for companies today. Many businesses and organizations, even smaller ones, are facing compliance mandates in the area of IT security. An organization that takes robust steps to maintain security with products such as EventTracker generally has little to worry about from a compliance standpoint, but part of the compliance mandate is the ability to demonstrate compliance to the auditors. EventTracker contains a compliance reporting component that includes built-in compliance workflows that enable a company to demonstrate compliance to auditors.
Finally, increasing efficiency is always a mandate. Do more with the same or less is the standard operating paradigm. SIM solutions such as EventTracker provide clear efficiencies in increasing availability of critical systems, and reducing the cost of operations.