Last year’s average data breach cost worldwide was $4.45 million. In addition to the short-term financial loss, long-term repercussions include eroded brand value, damaged customer trust, and disrupted business operations.
Organisations face the hard reality that more than traditional cybersecurity solutions may be needed in an environment where the frequency and cost of data breaches are rising.
Many companies need to figure out how to strengthen their security protocols to protect valuable information and essential assets.
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What is continuous security monitoring?
Your business must protect itself from risks, including hackers who might steal your framework and data or break privacy regulations. Using technologies for continuous security monitoring will help you watch for dangers to your data and systems.
To ensure your systems and data are safe, continuous security monitoring is an ongoing monitoring system that continuously checks for security flaws and monitors your information security measures. It’s a procedure or instrument that you set up to find weaknesses that might lead to a breach. After that, this program will promptly notify you of this possible hazard so you can take appropriate action.
How Does Continuous Security Monitoring Work?
Continuous monitoring solutions provide:
- Real-time information about an organisation’s security posture.
- Ensuring situational awareness.
- Understanding threats.
- Assessing security controls.
- Collecting and analysing security-related information.
- Providing actionable communication.
- Active risk management.
- Integrating information security and risk management frameworks.
Regular monitoring should be conducted using standardised metrics, security controls, and automated scanning. Periodic review and revision of the monitoring strategy can increase visibility and awareness of potential risks.
What Is the Role Of Continuous Security Monitoring in Cybersecurity?
Continuous monitoring is a dynamic defence strategy that uses techniques like Risk-Based Vulnerability Management, External Attack Surface Management, and Cyber Threat Intelligence.
It proactively identifies vulnerabilities, irregularities, and potential threats, ensuring swift detection and response, unlike point-in-time assessments.
Continuous Security Monitoring for Web Applications
A recent report revealed that 74% of internet-exposed web apps containing personally identifiable information are vulnerable to cyberattacks. Organisations often choose between a pen testing as a service (PaaS) solution or a standard pen test depending on their specific needs and tasks.
What are the Benefits of continuous security monitoring?
The following advantages of ongoing monitoring for your company are as follows:
It gives you an overview of your current compliance situation and the actions required to keep it that way.
Keeps track of data security metrics to enable you to maintain a high level of security.
Helps in stopping data breaches.
Demonstrates your commitment to following rules by providing dashboards and reports to clients, authorities, and other organisations.
Keeps track of system modifications and their effects on data security and compliance.
Makes prospective audits easier because it’s easy to maintain compliance.
With these benefits, ongoing monitoring, particularly through robust 24/7 security monitoring, plays a critical role in your compliance strategy and helps you avoid the potentially severe expenses and repercussions that could result from a data breach.
