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NETWORK SECURITY MONTH: A decade of evolution to combat networking threats

960 640 Stuart O'Brien

In an era marked by sophisticated cyber threats, corporate cybersecurity professionals have had to evolve their strategies and technologies to protect organisational assets effectively. Here we delve into the key developments that have shaped IT network security management for cybersecurity professionals over the last decade, informed be attendees at the Security IT Summit…

1. From Perimeter Defence to Layered Security

Traditionally, network security focused on perimeter defence, akin to a fortress with strong walls. However, this approach has shifted due to the rise of cloud computing, mobile computing, and the Internet of Things (IoT), which have expanded the corporate network beyond traditional boundaries. The modern approach is layered security, also known as defence in depth, where multiple layers of security controls are deployed throughout the IT network. This method ensures that even if one layer is breached, others are in place to protect the network.

2. The Adoption of Advanced Threat Detection Technologies

The last decade has seen a surge in the adoption of advanced threat detection technologies. Tools such as Intrusion Prevention Systems (IPS), advanced malware protection, and anomaly detection systems have become standard. These technologies employ artificial intelligence (AI) and machine learning algorithms to detect and respond to threats in real-time, a significant leap from the traditional, signature-based antivirus and anti-malware software.

3. Emphasis on Network Segmentation

Network segmentation, the practice of splitting a network into subnetworks, has become increasingly popular. This approach limits the spread of cyber-attacks within networks. By segmenting networks, cybersecurity professionals can apply more stringent security controls to sensitive areas, thus reducing the attack surface.

4. Rise of Zero Trust Security Models

The concept of ‘Zero Trust’ has gained traction, fundamentally altering how network access is managed. Under a Zero Trust model, trust is never assumed, regardless of whether the user is inside or outside the network perimeter. This necessitates rigorous identity and access management (IAM) strategies, including multi-factor authentication (MFA) and least privilege access controls.

5. Increased Focus on Compliance and Regulatory Requirements

There has been an increased emphasis on compliance with legal and regulatory standards, particularly with the introduction of the General Data Protection Regulation (GDPR) in the EU. UK businesses have had to ensure that their network security practices comply with GDPR and other regulations, mandating a more rigorous approach to data security and privacy.

6. Integration of Security Information and Event Management (SIEM) Systems

SIEM systems have become a cornerstone of network security, providing a holistic view of an organisation’s security posture. These systems aggregate and analyse data from various sources within the network, enabling cybersecurity professionals to detect patterns and signs of malicious activity more effectively.

7. The Importance of Employee Training and Awareness

Finally, there is a growing recognition of the role of human error in network security breaches. As a result, there has been a concerted effort to enhance employee cybersecurity awareness and training. Regular training sessions, simulations, and awareness campaigns are now common, reducing the likelihood of breaches caused by employee negligence or error.

In conclusion, the evolution of IT network security management in the UK has been marked by a transition from traditional perimeter-based defence to more sophisticated, multi-layered approaches. Today’s cybersecurity professionals must navigate a complex landscape of advanced threats, regulatory requirements, and rapidly changing technologies. By adopting a more holistic, proactive, and adaptive approach to network security, they can better protect their organisations in an increasingly interconnected world.

Are you on the hunt for network security solutions? The Security IT Summit can help!

Photo by JJ Ying on Unsplash

Attivo Networks

Attivo Networks raises $21m Series C round

960 640 Stuart O'Brien

Attivo Networks has raised $21 million in Series C venture capital funding, which was led by Trident Capital Cybersecurity with participation from existing investors Bain Capital Ventures and Omidyar Technology Ventures.

The round of funding follows a $15 million Series B financing in May, representing $36 million raised in the last five months and a collective total of $45.7 million overall.

This new funding will be used to support further development of the Attivo ThreatDefend Deception and Response Platform to address the evolving landscape of threats and attack surfaces and to add counterintelligence functionality.

The company will also use the funds to expand global sales initiatives.

Attivo Networks announced that Alberto Yépez, a managing director of Trident Capital Cybersecurity and a pioneer of the cybersecurity industry, will join its board. Yépez has played significant roles as an entrepreneurial and public company CEO, board member, large company senior executive, serial entrepreneur, and an angel and venture capital investor.

“Attivo is the clear leader in the emerging space of deception solutions that improves real-time breach detection,” Yépez said. “Deception puts attackers on the defensive making them work harder and increasing their costs. High accuracy addresses the issue of too many alarms being reported by existing solutions and incident response is improved with the capture of specific techniques and tools being used by the attacker. This is the primary reason why companies are working closely with the Attivo team to help detect and more effectively respond to sophisticated cyber attacks. Customers are pleased with Attivo’s ability to close detection gaps and easily integrate with their existing cybersecurity investment increasing their overall efficacy.”

The Series C funding comes at an opportune time for Attivo Networks to expand amid the escalating demand for deception technology across the financial, healthcare, technology, retail, energy, and government sectors.

Further adoption of the cloud with shared security models and a heightened need for specialised device protection of industrial control, Internet of Things, and point-of-sale systems has also fueled company growth.

The company has seen revenues increase 300 per cent year-on-year, accumulated an impressive list of Fortune 50 customers, and is engaged with over 350 companies in evaluation and trials of its deception and response technology.