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<a href="https://www.businessinsider.com/category/cybersecurity-briefing"></a><div type="image" title="A photo of a phone with a safe designed inside" height="1000" width="2000" msid="90668320" hostid="261"></div><ul class="summary-list"><li>Remote employees often have access to corporate data on their personal devices. </li><li>Corporate IT teams can use mobile-device-management software to protect company data. </li></ul>The "moat" that once protected corporate data is long gone. With data residing on a range of <keyword id="13552327" type="UNKNOWN" weightage="60" keywordseo="mobile-devices" source="Orion">mobile devices</keyword>, in the cloud, on kiosks, and often on business partners' networks, companies must find ways to identify and protect their information. This responsibility is just as important for small to midsize businesses as it is for a Fortune 500 company, especially when that data might be subject to compliance laws and industry privacy regulations. Small to midsize businesses — companies with up to 1,000 employees — often don't have as many trained security staffers as larger enterprises. But they have the same security and compliance requirements. "SMBs often underestimate the frequency and severity of cyberattacks directed to smaller organizations," said Orson Lucas, a principal in <keyword id="6361948" type="UNKNOWN" weightage="60" keywordseo="cybersecurity" source="Orion">cybersecurity</keyword> services at <a href="https://advisory.kpmg.us/services/cyber-security-services.html" target="_blank" rel="noopener nofollow sponsored">KPMG</a>. Ultimately, protecting data like <a href="https://www.dhs.gov/privacy-training/what-personally-identifiable-information" target="_blank" rel="noopener nofollow sponsored">personally identifiable information</a> wherever it resides, on local or remote devices, is imperative for all organizations.Providing every employee working from home a company-owned device with corporate security software installed and restricting employees from using their personal devices for work might work for some larger companies, but a smaller business could be priced out. So how can it protect remote data?<h2>SMBs and protecting remote data</h2>Security for mobile devices is more than <a href="https://www.businessinsider.com/two-factor-authentication" target="_blank" rel="noopener nofollow sponsored">multifactor authentication</a> and a <a href="https://www.businessinsider.com/what-is-vpn" target="_blank" rel="noopener nofollow sponsored">virtual private network</a>.<a href="https://www.ibm.com/topics/mobile-device-management" target="_blank" rel="noopener nofollow sponsored">Mobile device management</a>, or software that creates barriers on employees' devices to separate corporate data from personal data, can help ensure that employees do not accidentally compromise corporate information on their own devices.The software allows corporate IT teams to determine how their user connects to the corporate network and which actions they can take with the data. It can also be used to help determine what happens if an employee-owned device with corporate data is lost or stolen. Since wiping an employee's personal device with corporate data would also delete the owner's data, the company would need the employee's agreement to let it wipe the device for that reason.The ability to wipe only the partition that contains the corporate data would permit the company to protect its data while the employee retains their own information."Attackers are increasingly wise to the fact that small businesses don't emphasize or invest in security as much as larger organizations," Lucas said. "With the increase in <keyword id="11905566" type="UNKNOWN" weightage="60" keywordseo="remote-work" source="Orion">remote work</keyword> after COVID-19, many small businesses failed to adapt to the increased threats from mobile devices. An MDM can help protect an organization's data and the integrity of their business."Lucas said companies of all sizes should determine which MDM would work for both their level of risk and their budget. For SMBs specifically, he said, "the use cases for mobile devices will range widely, and a risk-based approach will help to ensure an appropriate level of investment."

With today's hybrid workforce, protecting corporate data on mobile devices is essential for companies

<a href="https://www.businessinsider.com/category/cybersecurity-briefing"></a><div type="image" title="A house is enclosed in a security &quot;bubble&quot;" height="1000" width="2000" msid="90428357" hostid="261"></div><ul class="summary-list"><li>Employee education remains a top <keyword id="6361948" type="UNKNOWN" weightage="60" keywordseo="cybersecurity" source="Orion">cybersecurity</keyword> priority.</li><li>Security threats can attack networks from both personal and corporate devices.</li></ul>As the CDC <a href="https://www.businessinsider.com/cdc-some-us-counties-can-remove-masks-map-2022-2" target="_blank" rel="noopener">loosens restrictions</a> on COVID-19 measures, businesses have started recalling work-from-home employees back to the office. But the move to in-person work is encountering a wave of resistance. For example, when Goldman Sachs CEO David Solomon insisted his staff return to the office earlier this month, only about half of the New York office's 10,000 employees <a href="https://fortune.com/2022/03/11/goldman-sachs-return-to-work-employees-david-solomon/" target="_blank" rel="noopener">showed up</a>.The hybrid work environment does not appear to be changing anytime soon, if at all. Therefore protecting WFH employees and their networks from cybercriminals continues to be a corporate imperative.Organizations of all sizes have been wrestling with WFH cybersecurity issues for more than two years, but cyberattackers are finding new ways to create <a href="https://www.businessinsider.com/what-is-phishing" target="_blank" rel="noopener">phishing</a> and <a href="https://www.ncsc.gov.uk/collection/supply-chain-security/watering-hole-attacks" target="_blank" rel="noopener">watering hole attacks</a> — where attackers invite victims to visit compromised websites, such as fake COVID-19 sites or "charitable" sites raising money for a range of causes. <keyword id="12224442" type="UNKNOWN" weightage="60" keywordseo="phishing" source="Orion">Phishing</keyword> continues to be the <a href="https://www.ibm.com/security/data-breach/threat-intelligence/" target="_blank" rel="noopener">No. 1 type of attack</a>, as major, life-changing topics such as the pandemic or war can be an emotional draw for some online users. Educating employees to be wary of these fake emails is crucial, experts said. "Security-awareness training for workers is an important component of ensuring home network security," Leanna Serras, chief customer officer of <a href="https://www.fragrancex.com/" target="_blank" rel="noopener">FragranceX.com</a>, a fragrance e-commerce site, said. "The training should aim to provide better awareness of security risks and to teach simple and effective measures to mitigate risks."Mike Pedrick, vice president of cybersecurity consulting at<a href="http://www.nuspire.com" target="_blank" rel="noopener"> Nuspire</a>, a managed security services provider, supports a similar mindset. "User-awareness training initiatives that provide employees with information they can see value in for their personal lives still goes a long way here."But training is only part of the answer. While some organizations offer year-round training exercises that employees can access from home, fitting in optional security training is often low on priority lists. To that end, scheduled training, as Serras suggested, could be more effective.<h2>Defending the home network</h2>One challenge corporate IT security teams face is that personal routers, cable modems, and other network hardware in employees' homes lack the latest software updates and patches. While some service providers, such as Comcast, automatically update provider-owned devices in customers' homes, these changes are not always reflected in customer-owned equipment. Due to a lack of security modifications, WFH employees are more vulnerable to <a href="https://www.businessinsider.com/what-is-malware#:~:text=for%20more%20stories.-,Malware%20refers%20to%20any%20software%20that%20is%20designed%20with%20malicious,and%20aid%20in%20criminal%20activity." target="_blank" rel="noopener">malware</a>.Organizations could opt to install employer-owned firewalls and similar network security devices in employees' homes, but that would be a monumental effort to dispatch technicians to install and configure the devices and maintain them remotely. Accessing employees' home networks "represents a bit of a slippery slope," Pedrick said. "Not only does it potentially cross ethical and privacy lines, but it would be prohibitively expensive — especially so for SMBs whose budgets are already lean," he said, referring to small and mid-size businesses. However, companies can opt for the <a href="https://www.systancia.com/en/atawad-en/" target="_blank" rel="noopener">Anytime, Anywhere, Any Device</a> model that is popular with companies that have successfully moved to the public cloud. "Meeting security and privacy objectives," Pedrick added, "becomes a strategy of ensuring that access controls are comprehensive — and users are well-trained to protect their credentials — and that sensitive data can only be interacted with on devices, networks, and in locations that the business can accept risk for." For example, an employee who uses a corporate device from their known home in New York City would get access to the corporate network, but that same employee trying to access the network on a personal device from Paris would be denied. This approach is part of a <a href="https://www.businessinsider.com/what-to-know-about-the-zero-trust-cybersecurity-model-2022-2" target="_blank" rel="noopener">zero-trust network</a> that authenticates not only the person but the device and software as well.Remote users, Serras said, should be trained to secure their home networks through simple measures such as changing the default passwords, the default IP address, disabling remote access to the home network, and regularly updating their router's software. <h2>Securing WFH networks can be challenging</h2>Some employees are concerned about making changes to their network devices for fear of disabling or damaging their systems. While the company can talk a user through the process, those with little to no <keyword id="11893017" type="UNKNOWN" weightage="100" keywordseo="technology" source="Orion">technology</keyword> experience might be intimidated by the change. "It is often overlooked that as much as an employee-owned device or a company device connecting from an uncontrolled network is a threat to the company, a company device can pose a threat to an employee's environment," Pedrick said. "Many businesses, especially in the SMB space, are slow to realize when persistent threats are traversing their networks." "Anyone connected to the internet would be prepared and savvy enough to diligently employ industry best practices and state-of-the-art hardware for defense, but not all employees are willing to make such commitments — especially if they're paying for it themselves," he said.

Cyberattacks still threaten home networks, two years after the COVID-19 pandemic spurred the work-from-home boom

<a href="https://www.businessinsider.com/category/cybersecurity-briefing"></a><div type="image" title="The word SASSY over a cloud and a yellow background" height="1000" width="2000" msid="90106493" hostid="261"></div><ul class="summary-list"><li>Coined in 2019, <keyword id="13345943" type="UNKNOWN" weightage="60" keywordseo="sase" source="Orion">SASE</keyword> is a <keyword id="6361948" type="UNKNOWN" weightage="60" keywordseo="cybersecurity" source="Orion">cybersecurity</keyword> term that includes key zero-trust technologies. </li><li>The zero-trust framework authenticates a user every time they try to use their company's system.</li></ul>Technologists love their acronyms. They use them for everything — company names, products, technologies, standards, and trends. One of the newest additions to the tech-acronym universe describes a cybersecurity principle rather than a tangible product or service. The term, known as SASE (pronounced sassy), is becoming the go-to jargon for what is already known as a <a href="https://www.businessinsider.com/what-to-know-about-the-zero-trust-cybersecurity-model-2022-2" target="_blank" rel="noopener">zero-trust environment</a> — a system that authenticates a user every time they try to use their company's system. Coined in 2019 by research company <a href="https://www.gartner.com/en" target="_blank" rel="noopener">Gartner</a>, SASE, which stands for Secure Access Service Edge, is a security architecture that encompasses multiple technologies and is the core component of what makes up a zero-trust framework. SASE includes a range of existing and new technologies that operate together and secure not only the network's edge – defined as a device anywhere in the world that connects to the corporate network – but also the company's cloud environment. In order to be considered SASE, Gartner says the technology must be identity-driven, have a <a href="https://www.appdynamics.com/topics/what-is-cloud-native-architecture" target="_blank" rel="noopener">cloud-native architecture</a>, support all network edges, and be globally distributed. This is especially important since today's users can access their company's network from a range of sources, including a traditional computer, cellular device, embedded sensors in gadgets, kiosks, and more. "You may find that you already have many of the required components in place, and now need to apply some elbow grease to orchestrate them together," Paul Matvey, a cybersecurity manager at <a href="https://echeloncyber.com/" target="_blank" rel="noopener">Echelon Risk + Cybere</a>, said.Gartner defines SASE according to five key components:<ol><li>A software-defined, wide-area network that allows organizations to use both software and hardware from multiple vendors.</li><li>Contains <a href="https://www.paloaltonetworks.com/cyberpedia/what-is-firewall-as-a-service" target="_blank" rel="noopener">Firewall as a Service</a>, a cloud-based app that replaces hardware firewalls in an organization. </li><li>Features a <a href="https://www.gartner.com/en/information-technology/glossary/secure-web-gateway" target="_blank" rel="noopener">secure web gateway</a>, which is defined as a content filter that blocks malicious traffic, such as malware or ransomware. </li><li>On-premise or cloud-based <a href="https://www.gartner.com/en/information-technology/glossary/cloud-access-security-brokers-casbs">cloud access security brokers</a> that monitor both outbound and inbound traffic for security and policy compliance.</li><li>A <a href="https://www.gartner.com/en/information-technology/glossary/zero-trust-network-access-ztna-">zero-trust network access</a> that replaces current <a href="https://www.businessinsider.com/what-is-vpn#:~:text=A%20Virtual%20Private%20Network%20(VPN,to%20work%20securely%20and%20remotely.">virtual private networks</a> that increases the security of today's hybrid workforce. </li></ol>While organizations can buy individual products to address each of these elements, there is no guarantee that the products work well together, even when purchased from a single vendor. By being SASE-compliant, vendors can assure their customers that the products have been tested to work as expected.But before companies purchase SASE-based products, they need to understand their larger cybersecurity goals and priorities.<h1>Questions and insights your company should consider when purchasing SASE-based cybersecurity products</h1><ul><li>What are we trying to protect? Access to the networks, applications, and critical data. </li><li>Why are we protecting it? The data is of particularly high value to the organization. </li><li>Where is the data located? Network, cloud, email. </li><li>Who needs access to the data? The concept of least privilege comes into play here, which only grants the minimum amount of access and capabilities required by any user or service at a given time. </li><li>How? Technology controls that automate your security policy. </li></ul><h2>Why SASE is key to a remote-first work environment </h2>The importance of securing the network's edge cannot be underestimated, considering that edge might exist anywhere, including on another company's network, in the cloud, or somewhere far from the control of the corporate IT security team. Should attackers gain access to the corporate network or cloud services, the consequences could be dire. While David Gochenaur, the senior director of cybersecurity at Ensono, understands that the SASE framework can appear complicated and intimidating at first, he said this secure solution can offer greater agility and options for companies of all sizes and work structures. <keyword id="13131826" type="UNKNOWN" weightage="60" keywordseo="zero-trust" source="Orion">Zero trust</keyword> "is a security approach that reveals the truth to us: Nothing can be trusted, and we must validate [every user, device, and application] for ourselves," Catalino Vega III, senior security analyst at Kuma LLC, said. "The faster we come to terms with this fact, we can tailor our security program to incorporate this approach and drastically reduce our risk landscape," he said.

Why SASE — an emerging cybersecurity term — is crucial for protecting your company's work-from-home data and systems

<a href="https://www.businessinsider.com/category/cybersecurity-briefing"></a><div type="image" title="Three zeros with a slash across that feature numbers inside" height="1000" width="2000" msid="89806228" hostid="261"></div><ul class="summary-list"><li><keyword id="13131826" type="UNKNOWN" weightage="60" keywordseo="zero-trust" source="Orion">Zero trust</keyword> is more than just <keyword id="6361948" type="UNKNOWN" weightage="60" keywordseo="cybersecurity" source="Orion">cybersecurity</keyword> — it's an evolving enterprise strategy.</li><li>The framework assumes your network is compromised and authenticates users via texts or biometrics. </li></ul>As the world of cybersecurity adapts to the changing landscape of remote work, the message from corporate boards to C-suites and departmental managers is becoming far more basic: "Trust nothing, verify everything." The statement is the crux of the <a href="https://www.cloudflare.com/learning/security/glossary/what-is-zero-trust/" target="_blank" rel="nofollow noopener sponsored">zero-trust</a> approach to cybersecurity, which is a framework that authenticates a user every time they try to use their company's system. When a zero-trust environment is in place, the IT team that manages corporate networks and cloud environments can identify and validate every user, device, and application each time someone attempts to access a company asset, including a server on the corporate network, a cloud-based storage system, or a software-as-a-service application such as <a href="https://www.salesforce.com/" target="_blank" rel="nofollow noopener sponsored">Salesforce</a> or <a href="https://workspace.google.com/" target="_blank" rel="nofollow noopener sponsored">Google Workspace</a>. In practice, the zero-trust strategy "is an aspirational collection of concepts and ideas designed to minimize uncertainty in enforcing accurate, least privilege access decisions in information systems and services," said David London, a managing director of the <a href="https://www.chertoffgroup.com/" target="_blank" rel="nofollow noopener sponsored">Chertoff Group</a>. Under the zero-trust framework, even if a user has valid username and password credentials, they will always be denied access to the system if their device has not been validated as an approved device tied to that user. <h2>Benefits of a zero-trust strategy</h2>If an authorized user's credentials are stolen, a cyberattack can be stopped in advance if the device or software is not successfully validated. In some circumstances, a stolen laptop — paired with compromised credentials — may only give the attacker access to a single application, which prevents them from moving through the network to steal data, plant malware, or otherwise wreak havoc."Zero trust is not only a cybersecurity thing. It's evolving into an enterprise strategy and design conversation that is rooted in strong principles," said Deepak Mathur, the managing director of cybersecurity services at <a href="https://home.kpmg/us/en/home.html" target="_blank" rel="nofollow noopener sponsored">KPMG</a>. "So far, zero-trust conversations have revolved around pieces to tech and solution, but very soon we will see business goals and outcomes being attached to zero trust."<h2>Steps to take to secure a company's network</h2>There are a number of security measures that can move toward zero trust quickly and efficiently. Some of these actions include implementing <a href="https://support.microsoft.com/en-us/topic/what-is-multifactor-authentication-e5e39437-121c-be60-d123-eda06bddf661" target="_blank" rel="nofollow noopener sponsored">multifactor authentication</a>, employing a <a href="https://www.businessinsider.com/guides/tech/best-vpn#:~:text=A%20VPN%20enables%20you%20to,location%2C%20identity%20and%20IP%20address" target="_blank" rel="nofollow noopener sponsored">virtual private network</a>, or using a Zero Trust Network Access environment to replace aging <keyword id="12009359" type="UNKNOWN" weightage="60" keywordseo="vpn" source="Orion">VPN</keyword> <keyword id="11893017" type="UNKNOWN" weightage="100" keywordseo="technology" source="Orion">technology</keyword> with more secure zero-trust elements. The Zero Trust Network Access environment also employs security software on all devices and continually tests and validates that the security controls are functioning correctly. These features are especially important when remote users work outside the direct control of the corporate security team. Companies need to make sure their devices — which may now reside on home networking devices — have the appropriate software and security-related updates and that employees working from home use the right security precautions when accessing corporate networks and information. <h2>Building a zero-trust framework in an organization</h2>Implementing a zero-trust environment at a company takes planning and foresight. Mathur said leaders should establish a zero-trust center of excellence to support the larger security strategy. "So many functions can be impacted by a breach and play a role in securing the organization. The stakeholder group for planning and implementing a zero-trust model should expand well beyond the security team," he said.Mathur added that identity, networking, application development, endpoint technology, and legal and cloud leaders were just some of the important features that could make up a company's zero-trust center of excellence."The CEO should develop a specific zero-trust definition for the company and key principles, baseline the current <a href="https://www.balbix.com/insights/what-is-cyber-security-posture/" target="_blank" rel="nofollow noopener sponsored">state posture</a>, and define a road map of adoption and priority," Mathur said. "Expect the center of excellence to be very active the first two or three years of the transformation journey."

How the zero-trust cybersecurity model of 'trust nothing, verify everything' is key to a remote-first work environment

Lok Sabha Election Results 2024 LIVE: BJP-led NDA crosses halfway mark in terms of leads; INDIA bloc still putting up a fight

New Delhi, The Central Bureau of Investigation (<keyword id="6354572" type="General" weightage="80" keywordseo="cbi" source="Orion">CBI</keyword>) in its charge sheet lodged in the Rs 34,615 crore <keyword id="127124" type="General" weightage="100" keywordseo="dhfl" source="Orion">DHFL</keyword> loan fraud case has said that the accused created 87 shell companies and 2,60,000 fake borrowers to launder money. The charge sheet was filed in the second week of October. The federal probe agency has also said in its charge sheet that the accused set up a virtual branch to launder money. The CBI had on October 15 filed the charge sheet against 75 accused, including private companies before the Rouse Avenue court in Delhi. It has been alleged that <keyword id="2693" type="General" weightage="80" keywordseo="kapil" source="Orion">Kapil</keyword> and Dheeraj <keyword id="695125" type="General" weightage="80" keywordseo="wadhawan" source="Orion">Wadhawan</keyword> laundered money and purchased 24 paintings worth Rs 63 crore. The charge sheet said that the laundered money was spent on credit cards, foreign trips and renting chartered planes. The CBI has alleged that Wadhwas were using a special designed software which was generating dummy data. The software was also showing various fake entries of home loan takers. The accused also created a virtual branch in the name of Bandra branch with a code 001 whereas in reality this branch does not exist. From this virtual branch, loans were given to shell companies. <cmsannotation type="cmsannotation" annotationid="Case history" comment="subhead" text="Case history">Case history</cmsannotation> The charge sheet has been filed against Kapil Wadhawan, Dheeraj Wadhawan, both the then CMD, DHFL; Harshil Mehta, its ex CEO, Ajay Vazirani; Advocate, Jayesh Khona; the then Vice President (Accounting), DHFL, Dinesh Bansal; Director of D K Realty (India) Pvt. Ltd, Sunny Bathija; Director of Sunblink Real Estate Pvt. Ltd, Ajay Navandar; Jignesh Mehta, CA of Chaturvedi &amp; Shah LLP, Amit Chaturvedi, Partner of Chaturvedi &amp; Shah LLP and others. In July the CBI had seized a helicopter parked in a hangar at the premises of Avinash Bhosale, one of the accused, at Baner Road in Pune. "It came to light that RKW Developers Pvt. Ltd (a company owned by Wadhawan family) allegedly has stakes in Varva Aviation (an Association of Persons) which owns an AW109SP Grand New Helicopter (AgustaWestland Helicopter) which was allegedly purchased in 2011. RKW Developers Pvt. Ltd joined the Association of Persons in 2017 contributing towards cost price and maintenance of said helicopter. "ABIL Infraprojects Ltd, a company owned by Avinash Bhosale allegedly has a stake in the said helicopter. As it was allegedly apprehended that the funds used for making payment towards the stake in Association of Persons were sourced from loan funds sanctioned by different banks, therefore, we have seized the helicopter which was parked in a hangar at the premises of Bhosale at Baner Road, Pune," the CBI had said. Earlier the federal probe agency had seized two paintings made by F.N. Souza (1964) and another by S.H. Raza (1956) worth Rs 5.50 crore; two watches of Jacob &amp; Co &amp; Frank Muller Geneve make worth Rs 5 crore and Jewellery including worth Rs 2 crore. The CBI had said that the promoters had acquired expensive items using the diverted funds. DHFL Directors Kapil and Dheeraj Wadhwan, who were arrested by the agency, were brought to Delhi from Lucknow. Earlier on July 8, the CBI had recovered paintings and sculptures worth Rs 40 crore. A case was registered on June 20, 2022. Vipin Kumar Shukla, DGM and Branch head of Union Bank of India, Nariman Point, Mumbai lodged an FIR in this connection. It was alleged in the complaint Dewan Housing Finance Corporation Ltd (DHFL), Kapil Wadhawan it's former CMD, Dheeraj Wadhawan, the ex-Directors, Sudhakar Shetty and other accused entered into a criminal conspiracy to cheat the Consortium of 17 banks led by Union Bank of India. "Wadhawan and others induced the consortium banks to sanction huge loans aggregating to Rs 42,871.42 crore and siphoned off and misappropriated a significant portion of the said funds by falsifying the books of the DHFL and dishonestly defaulted on repayment of the legitimate dues of the said consortium banks. That caused a wrongful loss of Rs 34,615.00 crore to the consortium lenders," said the CBI. The CBI after conducting an inquiry lodged the case under sections 120-B read with 409, 420, 477-A of IPC and Section 13(2) read with sections 13(1)(d) of Prevention of Corruption Act. The FIR was lodged against DHFL, its former CMD Wadhwan, MD Dheeraj Rajeshkurrar Wadhwan, present Director <keyword id="4946125" type="General" weightage="50" keywordseo="sudhkar-shetty" source="Orion">Sudhkar Shetty</keyword>, Amaryllis Realtors LLP (ARLLP), Gulmarg Realtors LLP (GRLLP), Skylark Buildcon Pvt. Ltd, Darshan Developers Pvt. Ltd, Sigtia Constructions Pvt. Ltd, Creator Builders Pvt. Ltd, Township Developers Pvt. Ltd, Shishir Reality Pvt. Ltd, Sunblink Real Estate PM. Ltd and other unknown persons including public servants. The official said that it was found that the promoters had allegedly diverted the funds and made investments in various entities. It was also alleged that the promoters had acquired expensive paintings and sculptures worth about Rs 55 crore using the diverted funds. Earlier, searches were conducted on June 22 at 12 locations in Mumbai at the premises of the accused which led to recovery of incriminating documents. Further investigation in the matter was on.

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With today's hybrid workforce, protecting corporate data on mobile devices is essential for companies

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