CIOReview
| | OCTOBER 202119CIOReviewCXO INSIGHTSPREEMPTING FUTURE RISKS WITH ADVANCED SECURITY TECHNOLOGIES By TzerYeu Pang, Head of Information Security Office, MediacorpT he issue of cybersecurity has come to the fore in recent times with remote working being the norm for many people across the globe. In this environment of heightened risk, I discuss ways in which organisations can strengthen their guard against cybersecurity threats beyond traditional perimeter defence systems, and how adopting a zero-trust approach is key to achieving this.The continual increase in cyber security risks in today's worldThe coronavirus pandemic has hit cyber security hard. In implementing remote working arrangements to protect employees during this period, companies are now facing a situation where the amount of work processed outside the safety of internal company networks has increased. In fact, the sheer volume of data that needs to be secured with traditional perimeter defence methods has exploded. Not surprisingly, cyber actors have taken advantage of the situation, with analmost doubling in the number of ransomware attacks and sharp increase in critical and high vulnerabilities in security solutions such as VPNs over the past year.At the same time, companies continue to look at accelerating their digitalisation with the adoption of cloud computing, 5G and maturing technologies like Edge Computing. While such rapid innovation will allow companies to adapt quickly to secure market opportunities, better engage consumers and personalise services As Mediacorp's Chief Information Security Officer (CISO),I have invested a significant amount of time and effort to build up models of the company's networks, starting from the critical ones
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