Petabytes of data flow through networks worldwide every day. Data has become precious in the digital world, from business to investment decisions.
However, as the importance of data continues to grow, so do the threats to its security. A report suggests that losses due to cybercrime will hit $10.5 trillion by 2025.
It shows that there is no end to cyber risks. That’s why board-level conversations must focus on improving digital robustness and resilience. It involves using performance and security analysis to create a resilient digital presence.
At Growth Jockey, we understand the value of using security analysis. It helps brands evolve in the digital space. We help increase your online presence. We also ensure it remains resilient in the face of cyber disruptions.
But how can businesses achieve all this? To answer how let’s first understand what performance and security analysis is. And also find why digital robustness is necessary to grow as a business today.
Security analysis is a proactive approach to cyber security. It uses data collection, aggregation and analysis capabilities to perform vital security functions. It involves detecting, analysing and reducing cyber threats.
Special tools help find and check for security issues or dangers. These include tools like threat detection and security monitoring. Such tools can find threats such as viruses from outside. They also detect planned attacks or malicious insiders within the system.
Early detection lets security experts stop them before they breach the network infrastructure. It also lowers the risk of important data and assets getting compromised. This reduces harm to the organization.
The objectives of security analysis include –
Confidentiality of Data
Integrity of Data and Information
Data Availability
Authentication and authorisation
Auditing and monitoring
Incident Response
Security Awareness and Training
Compliance
Continuous Improvement
Performance analysis checks a how well the system responds and stays stable. It helps test the speed, robustness and reliability of a system. But how does performance analysis help with digital robustness?
A 2022 study[1] found that poor performance means increased cyber security risks. Likewise, solid performance leads to a lower risk of incidents.
As more cyberattacks happen, analysing performance lets you know how well security works. It ensures things run well, works great, and can handle new threats. It is to ensure your team is ready and resilient against new threats.
Growth Jockey assists businesses in using cutting-edge techniques and technologies. These can help to enhance load times and improve user experiences and responsiveness. It enables security, helps rank higher in the SERPs, and improves conversion rates.
With performance and security analysis, businesses can improve their digital presence. They can also achieve sustainable growth in changing digital dynamics.
Digital resilience takes time. It requires careful review, implementation and maintenance of suitable strategies. These strategies should cover all the organisation's areas that disruptions could affect.
Here are some reliable strategies to maintain resilience in digital space.
The first step toward being cyber resilient is reviewing your current digital ecosystem. Check if it aligns to achieve the business's top goals during disruptions. Assessing current systems helps spot gaps and possible issues that might arise later.
The risk assessment also helps identify weaknesses and threats to the digital systems. It allows companies to prioritise improvement areas and reduce risk factors.
Cyber security plays a crucial role in making an organisation digitally resilient. They need strong cyber security measures. It includes zero-trust security, data encryption, firewalls, and intrusion detection systems.
These tools help spot and prevent potential cyberattacks before they happen.
Your strategy should also include training for employees on cybersecurity best practices. Help them understand the importance of safety practices. These include using a strong password, safe browsing, and social engineering. Otherwise, human errors and unintentional breaches are the most common cyber security risks.
Using outdated tech is a big hurdle to staying resilient in the digital world. Old systems are less adaptable to handle changes and need help to bounce back from disasters.
For example, companies may still use old computers without security updates. It leaves systems more prone to cyber threats due to the lack of protections and patches. So, it becomes challenging to maintain a secure and resilient digital environment.
To tackle evolving threats, companies must level up their digital defence. Invest in cloud-based technologies that offer scalable and flexible options. These tools help your business grow with the changing needs, reducing unnecessary downtime.
A business continuity plan (BCP) has measures for running business operations during disruptions. It includes all the details and outlines for the course of action, such as –
Who to inform
Communication procedures and expectations
Dependencies between systems
Steps and measures to restore critical functions like using backup systems, etc.
Did you know that 50% of businesses[2] without a BCP never recover after a disaster? It shows how important it is to have a BCP as it protects a company’s operations and reputation. So, to ensure long-term survival. But, remember to keep the BCP current by testing it often and finding gaps.
Cross-Functional Crisis Management
Handling unexpected disruptions requires a mix of practices for digital. It needs cross-functional crisis management in place to help teams work together.
For example, security, IT, legal, and others should be able to team up to handle breaches. Disruptions in business operations can impact beyond losing critical data. It may affect the IT systems, hurt brand reputation and cause legal compliance issues.
Often, companies take a reactive stance to IT challenges and growing demand. The “If it’s not broken, don’t fix it” approach leads to damage and increases downtime.
A proactive approach allows companies to find weaknesses before they become serious. So that they can adjust before any harm. That is why monitoring digital systems is vital to make them resilient.
Keeping a tab on digital systems helps you
Find potential gaps and cyber threats before the time
Identify performance deficiencies
Offer quick incident response
Maintain compliance with industry regulations
Monitoring should include the following:
Performing regular vulnerability tests
Log analysis
Traffic monitoring
Evaluating system performance metrics
No wonder digital systems are getting more advanced with each passing day. But, it is also giving a boost to cyber threats, creating disruptions. Understand the risks and build a proactive rather than a reactive strategy. This is important to handle these threats.
Using performance and security analysis helps the organisation improve its infrastructure and strategies. Use these steps to make sure your business is strong and better at recovering from disasters.
At Growth Jockey, we take an integrated approach to performance and security. As a result, we help you optimise your resilience strategy for a better digital presence.
Digital resilience enables organisation to recover from disruptions using digital technologies. Businesses must be able to work during disruption. So that it can prepare for and take advantage of new conditions. Thanks to modern technology and efficient processes, systems are secure, agile, and speedy.
A digitally resilient company can predict, react, learn from, and move on from hard times. Digital resilience helps find sales and growth options even when traditional businesses fail.
So, companies can change and do well in different market situations and landscapes. They can apply data and digital governance strategies to deal with disruptions.
Organisations face challenges in achieving digital resilience due to many restrictions. It involves limited budgets and resources for innovative technologies and robust cybersecurity.
Internal barriers, including siloed departments and insufficient cybersecurity skills, also pose challenges. These issues further delay the implementation and maintenance of resilient practices. Further, blending new technologies and advanced IT infrastructure can complicate the digital environments.
Digital security involves methods and processes of protecting electronic data. It helps identify data and use technology and practices to protect it. On the other hand, digital resilience is about a business’s ability to fight or recover in tough times.
Having a digital security plan helps stop data breaches. Resilience is important to reduce its impact. That's why an organization needs to have both.