Data Breach Prevention: How Attack Surface Management Helps Mitigate Risks

1:34 am
September 14, 2023

Organizations are facing an urgent challenge when it comes to responding to and containing data breaches. The average cost of a data breach has reached a new high, and the time it takes to identify and contain breaches is alarmingly long. However, an effective attack surface management (ASM) solution can make a difference in mitigating these risks.

According to a report by IBM, the average cost of a data breach in 2023 was $4.45 million, with an average time of 277 days to identify and contain the breach. Cybercriminals are continuously evolving their tactics, making it crucial for organizations to improve their detection, response, and containment strategies.

The Role of Attack Surface Management in Data Breach Mitigation

Many organizations find themselves struggling to bridge the gap between the occurrence of a data breach and its effective containment, despite having various cybersecurity measures in place. As data leaks continue to make headlines, organizations are under increasing pressure to strengthen their breach containment strategies.

Integrating an effective attack surface management tool into a security strategy can significantly help mitigate the risks of data breaches. According to the Cost of a Data Breach study, organizations that deployed an ASM solution were able to identify and contain data breaches 75% faster than those without ASM. Additionally, the average containment time for organizations with ASM was 83 days faster.

Comparison of the mean time to identify and contain a data breach for organizations with and without an attack surface management solution

5 Ways IBM Security Randori Recon Enhances Data Breach Resilience

Businesses can take proactive steps to reduce vulnerabilities to cyberattacks by managing and reducing their attack surface. IBM Security Randori Recon, an ASM solution, plays a vital role in data protection strategies. Here are five ways it helps enhance data breach resilience:

1. Finding unmanaged systems and high-value assets

Randori Recon conducts continuous asset discovery and risk prioritization to identify high-value assets that are most prone to attacks. By uncovering unknown assets and exposures, including those in the cloud and IoT, organizations can reduce their risk.

2. Identifying exploitable vulnerabilities and misconfigurations

Randori Recon provides organizations with a comprehensive view of their digital attack surface, highlighting potential entry points that cybercriminals might exploit. By automating this process, organizations can detect misconfigurations and vulnerabilities that may go unnoticed with manual methods.

3. Prioritizing cyber risk

Randori Recon uncovers attack patterns and techniques that are more likely to be exploited by real-world attackers. By prioritizing vulnerabilities based on their severity and potential impact, organizations can focus their efforts on the most critical areas.

4. Ensuring adherence to security processes

Randori Recon allows organizations to monitor their security processes in real-time, ensuring uniform application and continuous improvement. By strengthening various layers of defense, including network security, endpoint security, and access controls, organizations can reduce the risk of a successful data breach.

5. Providing remediation guidance

Randori Recon offers remediation steps to improve cyber resilience. With guidance on addressing specific vulnerabilities and strategies to reduce overall exposure, organizations can allocate their resources efficiently and prioritize critical vulnerabilities.

Best Practices for Data Breach Prevention

In addition to attack surface management, organizations can enhance their data breach prevention strategies by following these best practices:

  • Safeguarding assets with a zero-trust approach and understanding potential exposure to cyberattacks
  • Conducting app testing, vulnerability assessments, and social engineering scenarios to identify and patch vulnerabilities
  • Using multifactor authentication and strong passwords to protect personal data
  • Training employees to increase security awareness and make informed decisions
  • Maintaining offline data backups for quick recovery in emergencies
  • Rehearsing incident response plans and establishing a dedicated team for IR protocols

Mitigate Data Breach Costs with Randori Recon

An effective ASM solution like IBM Security Randori Recon can help organizations identify and mitigate potential risks before they are exploited. A study commissioned by IBM found an 85% reduction in losses due to external attacks when using Randori Recon. By managing the attack surface and minimizing the time assets are exposed, the financial and brand impacts of an attack can be avoided.

While attack surface management is crucial, organizations should also implement additional security measures like encryption, strong access controls, and employee training to enhance overall security and minimize the likelihood and impact of data breaches.

Frequently Asked Questions (FAQ)

What is attack surface management?
Attack surface management refers to the practice of identifying and managing an organization’s vulnerability to cyberattacks by understanding and reducing the areas that can be exploited.
Why is attack surface management important?
Attack surface management is important because it allows organizations to proactively reduce vulnerabilities, prioritize risks, and strengthen their defense against cyberattacks.
How does IBM Security Randori Recon help with data breach prevention?
IBM Security Randori Recon helps with data breach prevention by conducting continuous asset discovery, identifying vulnerabilities, prioritizing risks, ensuring adherence to security processes, and providing remediation guidance.
What are some best practices for data breach prevention?
Best practices for data breach prevention include implementing a zero-trust approach, conducting regular testing and vulnerability assessments, using strong authentication methods, training employees on security awareness, maintaining offline data backups, and rehearsing incident response plans.
How can organizations reduce the costs of data breaches?
By using effective attack surface management solutions like IBM Security Randori Recon, organizations can identify and mitigate risks, reducing the financial and brand impact of data breaches.


More in this category ...

11:44 pm October 2, 2023

Decentralization vs. Centralization: Balancing Power and Efficiency

10:22 pm October 2, 2023

Bitfarms Reports 7.3% Increase in Monthly Bitcoin Mining Output

7:43 pm October 2, 2023

Understanding the Benefits and Limitations of Smart Contracts

6:32 pm October 2, 2023

The U.S. Chamber of Commerce Foundation and IBM Collaborate to Explore AI’s Role in Skills-Based Hiring

5:32 pm October 2, 2023

Grayscale Files Request to Convert Ethereum Trust into Ethereum ETF

3:40 pm October 2, 2023

A Beginner’s Guide to Cryptocurrency Wallets: Keeping Your Digital Assets Safe

3:30 pm October 2, 2023

Sam Bankman-Fried Faces Trial: What You Need to Know

Featured image for “Sam Bankman-Fried Faces Trial: What You Need to Know”
1:59 pm October 2, 2023

FTX Auditor Prager Metis Faces SEC Legal Action for Violating Independence Rules

12:50 pm October 2, 2023

Top 7 DeFi Crypto Tokens with Potential for 10x Returns

11:35 am October 2, 2023

Blockchain and Cryptocurrency: Exploring the Future of Digital Finance

11:24 am October 2, 2023

Will XRP Collapse? Top 3 Cryptocurrencies to Consider for Promising Futures

7:32 am October 2, 2023

From Bitcoin to Blockchain: Understanding the Power of Distributed Ledger Technology

5:27 am October 2, 2023

FTX Exploiter Moves $17 Million in ETH in a Single Day in Ongoing Funds Exodus

Featured image for “FTX Exploiter Moves $17 Million in ETH in a Single Day in Ongoing Funds Exodus”
3:13 am October 2, 2023

Building Trust and Accountability: Exploring Blockchain’s Impact on Charity Sector

11:09 pm October 1, 2023

Investing in Tokenized Precious Metals: How to Get Started

7:27 pm October 1, 2023

Microsoft Forms Nuclear Power Team to Support AI Development

Featured image for “Microsoft Forms Nuclear Power Team to Support AI Development”
7:06 pm October 1, 2023

The Role of Blockchain in Strengthening Supply Chain Security and Trust

3:01 pm October 1, 2023

The Rise of Decentralized Video Streaming: Revolutionizing the Entertainment Industry

10:54 am October 1, 2023

Blockchain for Ethical Fashion: A Pathway to Sustainable Production

9:23 am October 1, 2023

MicroStrategy Boosts Bitcoin Holdings with $147 Million Purchase Amid Market Volatility

Featured image for “MicroStrategy Boosts Bitcoin Holdings with $147 Million Purchase Amid Market Volatility”
6:51 am October 1, 2023

The Role of Blockchain in Tokenizing Renewable Energy Certificates

2:49 am October 1, 2023

Exploring the Benefits of Blockchain-based Identity Solutions for Enhanced Security

11:21 pm September 30, 2023

10-Year US Treasury Yield Returns to Its Historical 4.5% Mark

Featured image for “10-Year US Treasury Yield Returns to Its Historical 4.5% Mark”
10:48 pm September 30, 2023

Exploring the Pros and Cons of Decentralized Cloud Computing

6:47 pm September 30, 2023

Blockchain for Wine Enthusiasts: How Decentralized Ledgers Transform the Industry

2:46 pm September 30, 2023

Democratizing Sports Investments: Understanding the Potential of Tokenized Assets

1:16 pm September 30, 2023

Terraform Labs Co-Founder Dismisses Slack Chat Records as Irrelevant Evidence

Featured image for “Terraform Labs Co-Founder Dismisses Slack Chat Records as Irrelevant Evidence”
10:45 am September 30, 2023

Unveiling the Hidden Journey: How Blockchain is Ensuring Authenticity in Luxury Goods

8:17 am September 30, 2023

Transforming the Shopper’s Journey with IBM’s Sterling Intelligent Promising

6:42 am September 30, 2023

Understanding the Role of Blockchain in Decentralized Content Distribution Networks