In this engaging video, we are joined by Munish Gupta, President & Global Head - Cyber Security Advisory at Inspira, as he shares his journey and current role in helping Fortune 500 organizations worldwide combat cyber attacks and develop their cybersecurity strategies. With over two decades of industry experience and leadership positions at esteemed companies like HCL, Infosys, and Wipro. Munish has worked globally to adapt to evolving cybersecurity landscapes and minimize threats. As a member of the Forbes Technology Council and the Purple Community, Munish brings a wealth of knowledge and expertise to the table. He emphasizes the importance of organizations understanding their data in the face of data protection challenges. This includes knowing how data is collected, the type of data being collected, how it is processed, and how it is disposed of. Furthermore, Munish highlights the need for organizations to consider the access that third-party vendors have to their data and establish guidelines and frameworks to restrict and manage that access.
Munish also delves into the impact of digital transformation on cybersecurity strategies. With the increasing prevalence of remote work, online marketplaces, and cloud adoption, organizations must reevaluate and re-architect their cybersecurity approaches. Traditional defense mechanisms may no longer be effective in the face of expanded attack surfaces. Munish advises organizations to assess their existing architectures, data models, and regulatory requirements to ensure they align with future needs.
When it comes to incident management and cybersecurity, Munish suggests a holistic approach that considers input from both business and technology stakeholders. Developing a comprehensive strategy and framework that addresses business risks, financial risks, technology risks, and regulatory requirements is crucial. This framework should encompass various factors such as technology layers, indicators of compromise, threat intelligence, EDR MDR solutions, and SOAR. However, Munish emphasizes that technology is just one part of the framework. It is equally important to establish playbooks for management practices, including ransomware and business continuity. These playbooks should define roles, responsibilities, and processes for handling incidents, including media management. Regular tabletop exercises and simulations should be conducted to refine the strategy, and the core incident management team should be well-trained using advanced simulation platforms and drills to enhance their capabilities.
In the context of cloud technology, organizations need to establish a secure and robust framework as part of their adaptation strategy. Security controls and strategies must be developed based on use cases, and an integrated view of cloud usage and data flow should be maintained to align with incident response. Various solutions, such as secure services (SSE), zero trust frameworks, cloud security gateways, and API security, can help enhance cloud security.
Munish also sheds light on the role of machine learning and AI in cybersecurity. These technologies have seen increasing usage in recent years, with machine learning algorithms being employed to process large datasets and generative AI augmenting the ability to analyze and provide actionable insights. AI can reduce human error and enhance the capabilities of security teams. However, Munish emphasizes that human intelligence is still necessary, and organizations must invest in creating data models for AI to utilize effectively.
Looking ahead, Munish highlights the main tech priorities for cybersecurity in the next five years, including managing risks associated with third-party vendors, ensuring compliance with data privacy regulations, and securing API systems. In summary, organizations should take a holistic approach to incident management and cybersecurity by investing in technology, processes, and people, establishing a secure cloud framework, leveraging AI and machine learning, and prioritizing third-party risk management, data privacy compliance, and API security.
Munish also emphasizes the importance of identifying and leveraging regulatory requirements and rules that apply to specific business contexts, such as the BFSI sector. This can be achieved through an integrated risk management framework and internal audits to ensure compliance and readiness for external auditors.
We extend our gratitude to Munish Gupta for generously sharing his insightful knowledge and expertise with us. His expertise in cybersecurity and incident management offers valuable guidance for organizations seeking to strengthen their cybersecurity strategies.
#cxotvnews #cybersecurity #digitaltransformation #technology #dataprotection #security #securitybreach #cloud #cloudsecurity #artificialintelligence #machinelearning #strategy #riskmanagement
Munish also delves into the impact of digital transformation on cybersecurity strategies. With the increasing prevalence of remote work, online marketplaces, and cloud adoption, organizations must reevaluate and re-architect their cybersecurity approaches. Traditional defense mechanisms may no longer be effective in the face of expanded attack surfaces. Munish advises organizations to assess their existing architectures, data models, and regulatory requirements to ensure they align with future needs.
When it comes to incident management and cybersecurity, Munish suggests a holistic approach that considers input from both business and technology stakeholders. Developing a comprehensive strategy and framework that addresses business risks, financial risks, technology risks, and regulatory requirements is crucial. This framework should encompass various factors such as technology layers, indicators of compromise, threat intelligence, EDR MDR solutions, and SOAR. However, Munish emphasizes that technology is just one part of the framework. It is equally important to establish playbooks for management practices, including ransomware and business continuity. These playbooks should define roles, responsibilities, and processes for handling incidents, including media management. Regular tabletop exercises and simulations should be conducted to refine the strategy, and the core incident management team should be well-trained using advanced simulation platforms and drills to enhance their capabilities.
In the context of cloud technology, organizations need to establish a secure and robust framework as part of their adaptation strategy. Security controls and strategies must be developed based on use cases, and an integrated view of cloud usage and data flow should be maintained to align with incident response. Various solutions, such as secure services (SSE), zero trust frameworks, cloud security gateways, and API security, can help enhance cloud security.
Munish also sheds light on the role of machine learning and AI in cybersecurity. These technologies have seen increasing usage in recent years, with machine learning algorithms being employed to process large datasets and generative AI augmenting the ability to analyze and provide actionable insights. AI can reduce human error and enhance the capabilities of security teams. However, Munish emphasizes that human intelligence is still necessary, and organizations must invest in creating data models for AI to utilize effectively.
Looking ahead, Munish highlights the main tech priorities for cybersecurity in the next five years, including managing risks associated with third-party vendors, ensuring compliance with data privacy regulations, and securing API systems. In summary, organizations should take a holistic approach to incident management and cybersecurity by investing in technology, processes, and people, establishing a secure cloud framework, leveraging AI and machine learning, and prioritizing third-party risk management, data privacy compliance, and API security.
Munish also emphasizes the importance of identifying and leveraging regulatory requirements and rules that apply to specific business contexts, such as the BFSI sector. This can be achieved through an integrated risk management framework and internal audits to ensure compliance and readiness for external auditors.
We extend our gratitude to Munish Gupta for generously sharing his insightful knowledge and expertise with us. His expertise in cybersecurity and incident management offers valuable guidance for organizations seeking to strengthen their cybersecurity strategies.
#cxotvnews #cybersecurity #digitaltransformation #technology #dataprotection #security #securitybreach #cloud #cloudsecurity #artificialintelligence #machinelearning #strategy #riskmanagement
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