Unraveling emerging cyber risks: A proactive approach to defense –
Emerging cyber risks are reshaping the global threat landscape, ranking among the top five global risks—surpassing even supply chain disruptions and armed conflicts. As organizations face this evolving challenge, a proactive cybersecurity strategy becomes critical to safeguard sensitive data and operations. At IT Monteur – Cybersecurity Services, we help enterprises strengthen their digital defense with real-time monitoring and AI-driven protection. According to a report by the World Economic Forum, the increasing sophistication of cyberattacks demands a layered and adaptive defense approach.
Rahul Modgil, CISO of EPFO, stressed the importance of a defined defense strategy. “Considering the enormous amounts of data, a cybersecurity framework should be set with accountability for various clearly defined roles. Security is a layered and proactive approach,” he said. He further added, “We should call ourselves Chief Information Security Leaders. I make my team present a geopolitical scenario, mark the threats, and extrapolate to our organization to come up with solutions.”
As organizations grapple with increasingly harmful events, the focus shifts to predicting and preventing these threats. Rajesh Singhal, CISO of HDFC Securities, emphasized the growing role of AI in cybersecurity. “AI is a must. We have to predict the attack and also the action taken to remediate. It should be a mixture of AI and human,” Singhal stated.
Shailendra Kothavale, Chief Compliance & Risk Officer at Aditya Birla Insurance, highlighted AI’s ethical use, saying, “The first question we had was—how can we use AI in cybersecurity? How can we use it as a tool?”
With the rise of threats like WormGPT and FraudGPT, Sachin Khalap, Practice Head at TCS, underscored the need for quick recovery. “Despite getting hit, how quickly you recover is key. Training and covering the fundamentals are crucial before investing in advanced tools,” Khalap advised.
Emerging Cyber Risks: A Proactive Defense Strategy
Cyberattacks are now ranked as the fifth global risk, a threat more significant than supply chain disruptions or armed conflict. In this era of growing cyber threats, organizations must safeguard their crown jewels—critical data and assets.
Rahul Modgil, CISO of EPFO, stressed the importance of a defined defense strategy. “Considering the enormous amounts of data, a cybersecurity framework should be set with accountability for various clearly defined roles. Security is a layered and proactive approach,” he said. He further added, “We should call ourselves Chief Information Security Leaders. I make my team present a geopolitical scenario, mark the threats, and extrapolate to our organization to come up with solutions.”
As organizations grapple with increasingly harmful events, the focus shifts to predicting and preventing these threats. Rajesh Singhal, CISO of HDFC Securities, emphasized the growing role of AI in cybersecurity. “AI is a must. We have to predict the attack and also the action taken to remediate. It should be a mixture of AI and human,” Singhal stated.
Shailendra Kothavale, Chief Compliance & Risk Officer at Aditya Birla Insurance, highlighted AI’s ethical use, saying, “The first question we had was—how can we use AI in cybersecurity? How can we use it as a tool?”
With the rise of threats like WormGPT and FraudGPT, Sachin Khalap, Practice Head at TCS, underscored the need for quick recovery. “Despite getting hit, how quickly you recover is key. Training and covering the fundamentals are crucial before investing in advanced tools,” Khalap advised.
The Path Forward: Building Resilience Against Emerging Cyber Risks
In today’s interconnected digital world, emerging cyber risks demand continuous vigilance, collaboration, and investment in adaptive technologies. Organizations must move beyond reactive defenses and adopt proactive measures like real-time threat intelligence, AI-based monitoring, and zero-trust frameworks. Employee training, regular audits, and multi-layered authentication play a crucial role in minimizing vulnerabilities. Partnering with trusted cybersecurity firms such as IT Monteur – Cybersecurity Services can further enhance your organization’s resilience, ensuring that security evolves alongside threats. The future of cybersecurity lies not just in detection, but in foresight and preparedness.
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