When a major company experiences a data breach, it’s all over the news. It makes sense; these big companies often have access to sensitive data for millions of people, and a data breach makes them all potential victims of identity theft. Regardless of its size, your company is at risk. If you’re dealing with sensitive data (Intellectual Property (IP), Customer data, PCI, PII, etc.), it’s important to take measures to secure it properly—for the safety of your customers and for your own liability.
In February 2017, reported that intellectual property theft was costing U.S. companies between $225 billion and $600 billion annually. In November 2015 the Office of the Director of National Intelligence estimated that economic espionage, alone, through hacking costs $400 billion per year. The theft ranges from counterfeiting American fashion designs, to pirating movies and video games, infringing patents and stealing proprietary technology and software. IP thefts impact job growth and company competitive advantage in markets. Since it is no longer feasible for innovative companies, and for companies with well-established brands and products, to keep pace with IP concerns in a global marketplace, IP threats have become a central management concern.
The price of disruptions: While you should expect some disruption of your usual workflow, when looking at security measures you should also take into account the way your employees work. If you can afford it, go with the options that cause the least amount of disruption. If your business relies on customer trust, then security needs to be a top priority.
Where potential threats lie: Before you invest in security measures, think about the biggest threat to your sensitive data. Is it an outsider, a rogue employee, or plain carelessness? Take stock of your weakest points so you know where you need security most in order to reduce risk.
Whether your company consists of five employees or 5,000, you can’t afford to neglect security. When it comes to sensitive data, it only takes one betrayed customer to destroy your company’s reputation. Don’t gamble your entire business on the hope that you won’t fall prey to a cyber-attack.
ISG Grizzly Shield Security Services
We take an easy three step approach to helping organizations Secure their AWS environment:
Jump Start – Security Maturity/Gap Assessment – Understand the level of maturity your security program has achieved and the possible gaps that may be present. Get educated on the AWS Shared Security Model and key AWS security services: Cognito, Detective, GuardDuty, Inspector, Macie, Security Hub, Shield, WAF, Control Tower. Develop a roadmap for achieving a desired security maturity level.
Achieve Baseline – Implement Roadmap items/projects required to bring your Organization to the point where 24 X 7 monitoring can be achieved. We refer to this as your Organizations Security Baseline. From the Baseline we work together with you to determine further projects to achieve your desired security maturity level.
Monitoring, Training, and Ongoing Management – 24 X 7 monitoring and alerting based on defined SLAs. Monthly, Quarterly, Yearly training to ensure that your team is updated and informed about security concerns.
Intent Solutions Group is a technology consulting company that provides comprehensive services in R&D, strategy, technology, and operations in support of the business challenges faced by Independent Software Vendors (ISVs) and technology focused enterprise organizations. ISG’s mission is to help ISVs and technology focused organizations solve the most complex software development challenges in the world. Headquartered in the Boston area with offices in Europe and Austin, Intent Solutions Group has extensive expertise in all areas of Software Product Development. Intent Solutions Group partners with global technology leaders, including AWS and Microsoft to help clients drive innovation, overcome resource constraints in a demanding new digital world.