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10 reasons for digital risk protection

By 12 June 2019 November 27th, 2020 Blog
protection

The implementation of an effective strategy for digital risk protection (DRP) is crucial to proactively halt a cyber-attack. However, there is no such thing as a one-size-fits-all when it comes to DRP. Because every organisation has a unique digital footprint, the algorithms for the security of the most important assets must be adjusted to the relevant organisation. A good DRP solution makes it as easy as possible for cyber-security teams to already configure, integrate, and enrich the threat dynamically within one single platform. Without this solution it is impossible to convert the constant flow of threat information into relevant information.

Because every organisation has a unique digital footprint, everyone will encounter different types of threats. Below, 10 reasons are provided why you should deploy a DRP solution.

1. Phishing detection

Phishing is a well-known method of attack that has been used since the beginning of the internet. It remains quite a challenge to halt this, because the recipients still regularly open phishing emails. As long as this method remains this simple and effective, the threat actors will continue using it. By the time that a malicious message reaches the inbox of an employee, it is too late for an end-point security system. This is where a DRP solution can be of assistance: by keeping track of key phishing indicators, e.g. registered domains, MX record changes, and DNS reputation. Cyber-security teams can consequently identify and halt phishing attacks proactively at the source. A DRP solution can localise and quickly remove malicious domains.

2. Vulnerability relevance

With all the various cyber-security technologies that are being used, a tremendous amount of data is available to a cyber-security team. As a result, it is no longer possible to manually link threat data to the vulnerabilities of an organisation. A DRP solution can collect vulnerabilities and use data from several sources and subsequently analyse them in real-time in order to identity and validate the biggest risks. Real-time assessment of vulnerabilities offers cyber-security teams the possibility of setting priorities and immediately picking up the most urgent threats.

3. Dark web visibility

Although the dark web offers much anonymity in the area of threats, cyber-criminals cannot hide forever. A DRP solution searches for their activities on the clear, deep, and dark web by identifying their targets, tools, and fellow employees. A DRP solution understands how criminals think and how threats evolve, enabling cyber-security teams to detect malicious campaigns and proactively take steps to halt them.

4. Brand protection

Companies spend years and tremendous amounts of money on building their brands. A brand is one of the most important and most valuable business assets. Cyber-criminals often focus on loyal customers of a brand by imitating established brands. A DRP solution is able to scan these external sources and to proof originality. This takes place by scanning domains, IP addresses, mobile apps, and pages on social media. Then, a warning can be shared with the potentially affected departments.

5. Fraud protection

Every organisation has all sorts of perimeter security systems to thwart direct attacks: firewalls, gateways, IDS / IPS, malware detection, and so on. These are necessary systems, but hackers have found many ways to circumvent them completely by means of fraudulent schemes. This is mostly a problem for businesses in the financial services and retail industry. Tesorion’s DRP solution offers organisations insights into phishing sites, leaked login details, civil service numbers, and bank account details of customers and employees. Real-time signals enable cyber-security teams to stop fraud before it takes place; as a consequence millions of euros of damages can be avoided.

6. Identification of malicious mobile apps

Nowadays, it seems there is a mobile app for practically everything. This is great for consumer brands: they can communicate with their customers on the devices that they use most. However, cyber-criminals understand this and reacted by developing malicious, rogue apps that marketing teams do not look for or not even think about. Here, Tesorion’s DRP solution can bridge a gap by following app stores of both the legitimate and the pirate types to detect suspicious apps and to initiate removals. Our DRP solution cooperates with app stores to facilitate fast removal processes and to warn the marketing department when an attempt to imitate a brand is validated.

7. VIP and executive protection

Up to now, important persons, e.g. board of directors, shareholders, and managers, mostly relied on physical security by means of cameras, alarm systems, and security staff. However, they are now mostly confronted with threats other than physical threats. VIPs at a high level are often targeted by cyber-criminals for their personal data, login details, possessions, sensitive data, and/or documents that could be highly valuable on black web markets. This also applies to others who have access to sensitive business data, e.g. operational leaders, investors, board members, and advisers. A DRP solution scans sources from the clear, deep, and dark web in order to identify whether actions are carried out in respect of these persons. A DRP solution will, in case of a threat, use automated or manual legal processes to eliminate the threats.

8. Automated threat reduction

The large number of threats with which a certain organisation is confronted can be discouraging and the seriousness of these threats only aggravates the problem. The DRP solution can automatically reduce these threats and convert data into action. This means that threats are blocked, threats are removed, login details are configured again, and policy is implemented that keeps the organisation secure. Successful automation has the pleasant side effect of the simplification of the efforts, in this case by consolidating security tools.

9. Monitoring of sensitive data and login details

Protection of customer data and intellectual property is of crucial importance to organisations in the digitalised world of today. A DRP solution checks on stolen login details, passwords, and other sensitive data that can provide cyber-criminals access to business systems. The best way to have login details and passwords checked automatically by a DRP solution is to integrate it with Active Directory and Microsoft Exchange. As a result, a DRP solution can actively validate active references and reset them if they are leaked.

10. Cyber-risk assessment by third parties

The protection of business systems and all external components of the digital footprint are sufficiently challenging, but cyber-security teams must also be informed of the external suppliers hired by their organisations. These external suppliers are often the target of cyber-criminals because they have integrations with the systems of their customers and they can act as a channel for access. A DRP solution also checks the threats of these external parties and we evaluate the cyber-supply chain. As a result, the cyber-security team has the opportunity of conducting and assessing a full risk analysis.

In summary: A couple of years ago, businesses started securing the internal networks by closing them off with the help of a firewall and the configuration of an IAM environment. Nowadays, organisations secure themselves by focusing on the complete internal network. From a firewall to email and from IAM to CASB. In addition, monitoring and CSIRT are usually also added. The next step is a DRP solution. This checks outside the network of an organisation, on the clear, deep, and dark web. This informs an organisation proactively of potential threats. By receiving relevant information, the solutions for the internal network can be improved proactively in order to thus deprive cyber-criminals of the access.

Do you have questions about digital risk protection, or do you want to know more about what it can do for your organisation? Then feel free to contact us.