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For years, analysts, security specialists, and security architects alike have been encouraging organizations to become DMARC compliant. This involves deploying email authentication to ensure their… Read more on Cisco Blogs
Co-authored by Tejas Sheth, Sr. Security Specialist, Amazon Web Services – AISPL.
Risk-based Vulnerability Management (RBVM) represents a strategic approach to cyber security that focuses on… Read more on Cisco Blogs
Since the European Union (EU) signed the second version of the Network and Information Security (NIS2) Directive in December 2022, there has been a real frenzy all around Europe about it. NIS2 is now… Read more on Cisco Blogs
NIS2 compliance for industrial networks: Are you ready?
It’s been my pleasure to work alongside the Centre for Information Policy Leadership (CIPL) for over a decade to advocate for privacy to be respected as a fundamental human right and managed by organizations as a business imperative. CIPL works with industry leaders, regulators, and policymakers to deliver leading practices and solutions for privacy and responsible data use around the world.
Our organizations share the belief that privacy is key to trust and provides a critical competitive advantage for those who get it right. As privacy professionals, we live and breathe the importance of privacy every day and understand its value. We must help business leaders and other key stakeholders recognize and realize data privacy’s true worth and invest appropriately — beyond just meeting legal or compliance requirements.
We’re excited today to share this new, jointly-published research report Business Benefits of Investing in Data Privacy Management Programs. This report offers insights into the material business benefits that organizations are realizing from the time, monetary, and resource investments they have applied to building their Data Privacy Management Programs (DPMPs).
Here are some of the key findings:
Customers want accountability. While organizations are expected to meet their legal, compliance, and data security requirements, customers also demand organizations to be responsible stewards of their personal data. DPMPs not only enable organizations to gain a competitive edge, they empower them to earn and grow confidence and trust in the business.
Significant benefits from investing in DPMPs. Risk mitigation and compliance benefits, like avoiding regulatory scrutiny and fines, minimizing breaches, and evading damage to reputation, are among the most substantial benefits experienced by organizations that implement a DPMP. Other tangible benefits include greater agility, operational efficiency, and making the organization more attractive to investors.
Strong, attractive returns from DPMPs. More than half of organizations surveyed experienced at least $1 million in benefit from investing in privacy over the past year, with 28% realizing over $10 million in benefit.
Widespread Use of Privacy Maturity Models. Most organizations are using some form of a privacy maturity model to show accountability, including the CIPL Accountability Framework, ISO standards, Generally Accepted Privacy Principles, and the NIST Privacy Framework, among others. And CIPL members had an average score of 4.13 out of 5 with respect to implementing the seven elements of organizational accountability as described in the report.
There is considerable interest in further understanding the value DPMPs bring to their organization. Discussions about privacy and how DPMPs positively impact organizations will continue to be an increasing area of focus for corporate leadership, including the C-suite and at the Board level.
These findings offer valuable information and perspective for those building and operationalizing privacy. We’ll continue to research and share other qualitative and quantitative evidence that highlights privacy’s growing priority and value for organizations and the individuals they serve.
Check out this report Business Benefits of Investing in Data Privacy Management Programs and more related privacy research on consumer and organizational perspectives on the Cisco Trust Center.
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New level unlocked. The next step for Kenna.VM users who are maturing their risk-based vulnerability management program is Kenna.VM Premier—and it’s live.
The Cisco Kenna team is excited to release a new tier of the Kenna Security platform designed specifically for customers or prospects that have reached a point of maturity in which they can and want to do more with their vulnerability management program.
In addition to the existing Kenna features and functionality you know and love, the new Kenna.VM Premier tier includes:
We’re particularly excited about the new features that are debuting with this tier. So, let’s take a closer look at everything that’s included.
On the Kenna.VM homepage, a new metric will appear at the top right corner (Figure 1). The Remediation Score, as this measurement is known, quantifies how well an organization is addressing risk overall.
The Remediation Score itself encompasses four key measurements (Figure 2), which may sound familiar to you if you’ve been reading any of the Prioritization to Prediction reports produced by Kenna and the Cyentia Institute:
These new remediation insights will allow organizations to shift away from relying on just the Risk Score itself as a measurement to assess the performance of remediation teams. While many organizations opt to use the Risk Score in this manner, there are inherent problems with evaluating performance based on the Risk Score—particularly for mature programs. A Risk Score can spike at any moment due to a suddenly high-risk vulnerability—a spike that isn’t a reflection on the remediation team themselves. And as organizations mature, they’re likely to reach a ‘steady state’ with their Risk Score, which makes it a difficult metric to use to measure progress.
Ultimately, these performance metrics will help customers better understand what areas of their remediation efforts are doing well and which might need to be adjusted.
Another new addition to the Kenna.VM platform is zero-day vulnerability intelligence powered by Cisco Talos. Talos regularly identifies high-priority security vulnerabilities in commonly used operating systems and software. The team works with vendors to disclose more than 200 vulnerabilities every year.
This new integration with Talos gives Kenna.VM users access to information on zero-day vulnerabilities documented by the Talos research team (and likely to be in their environment). With the “Zero Days” filter in Kenna.VM, users can isolate zero-day vulnerabilities, investigate, and take action leveraging Snort rule IDs provided by Talos, when applicable (Figure 3).
The last (but certainly not least) piece of the Kenna.VM Premier puzzle is the inclusion of Kenna’s recently enhanced vulnerability intelligence User Interface and API. Kenna is known for its risk scoring, but what people may not realize is just how much data we consume and turn into finished, actionable intelligence. There are more than 18+ threat and exploit intelligence feeds that power our understanding of vulnerabilities, and our vulnerability intel API and UI make of this information available to customers.
The UI provides a dashboard to research any CVE—regardless of whether or not a scanner found that vulnerability in the customer’s environment. Meanwhile, the API allows customers to query Kenna and export as much of our vulnerability intelligence on as many vulnerabilities as they wish, and use that data to enrich any existing IT, dev or security workflows, including Cisco’s very own SecureX. The data in this set includes descriptions, publication dates, CVSS data, available exploits and fixes, insight into remote exploitable vulnerabilities, and much more. Also provided is the Kenna Risk Score for each vulnerability and an indication of whether it is predicted to be exploitable—unique data points derived by Kenna’s data science.
This intelligence, combined with our new remediation scoring and Talos zero-day intelligence, rounds out the Kenna.VM Premier tier as the ideal package for any customer or prospect who is looking to take their vulnerability management program to the next stage of maturity.
Kenna.VM Premier is available today. If you’re interested in learning more, contact your sales representatives or send us a demo request to unlock the next level of your vulnerability management journey.
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Scott Heider is a manager within the Cisco Security Visibility and Incident Command team that reports to the company’s Security & Trust Organization. Primarily tasked with helping to keep the integration of an acquired company’s solutions as efficient as possible, Heider and his team are typically brought into the process after a public announcement of the acquisition has already been made. This blog is the final in a series focused on M&A cybersecurity, following Dan Burke’s post on Making Merger and Acquisition Cybersecurity More Manageable.
Mergers and acquisitions (M&A) are complicated. Many factors are involved, ensuring cybersecurity across the entire ecosystem as an organization integrates a newly acquired company’s products and solutions—and personnel—into its workstreams.
Through decades of acquisitions, Cisco has gained expertise and experience to make its M&A efforts seamless and successful. This success is in large part to a variety of internal teams that keep cybersecurity top of mind throughout the implementation and integration process.
“Priority one for the team,” says Heider, “is to balance the enablement of business innovation with the protection of Cisco’s information and systems. Because Cisco is now the ultimate responsible party of that acquisition, we make sure that the acquisition adheres to a minimum level of security policy standards and guidelines.”
The team looks at the acquired company’s security posture and then partners with the company to educate and influence them to take necessary actions to achieve Cisco’s security baseline.
That process starts with assessing the acquired company’s infrastructure to identify and rate attack surfaces and threats. Heider asks questions that help identify issues around what he calls the four pillars of security, monitoring, and incident response:
The infrastructure that Heider’s team evaluates isn’t just the company’s servers and data center infrastructure. It can also include the systems the acquisition rents data center space to or public cloud infrastructure. Those considerations further complicate security and must be assessed for threats and vulnerabilities.
Once Heider’s team is activated, they partner with the acquired company and meet with them regularly to suggest areas where that acquisition can improve its security posture and reduce the overall risk to Cisco.
Identifying and addressing risk is critical for both sides of the table, however, not just for Cisco. “A lot of acquisitions don’t realize that when Cisco acquires a company, that organization suddenly has a bigger target on its back,” says Heider. “Threat actors will often look at who Cisco is acquiring, and they might know that that company’s security posture isn’t adequate—because a lot of times these acquisitions are just focused on their go-to-market strategy.”
Those security vulnerabilities can become easy entry points for threat actors to gain access to Cisco’s systems and data. That’s why Heider works so closely with acquisitions to gain visibility into the company’s environment to reduce those security threats. Some companies are more focused on security than others, and it’s up to Heider’s team to figure out what each acquisition needs.
“The acquisition might not have an established forensics program, for instance, and that’s where Cisco can come in and help out,” Heider says. “They might not have tools like Stealthwatch or NetFlow monitoring, or Firepower for IDS/IPS operations.”
When Heider’s team can bring in their established toolset and experienced personnel, “that’s where the relationship between my team and that acquisition grows because they see we can provide things that they just never thought about, or that they don’t have at their disposal,” he says.
One of the most important factors in a successful acquisition, according to Heider, is to develop a true partnership with the acquired company and work with the new personnel to reduce risk as efficiently as possible—but without major disruption.
Cisco acquires companies to expand its solution offerings to customers, so disrupting an acquisition’s infrastructure or workflow would only slow down its integration. “We don’t want to disrupt that acquisition’s processes. We don’t want to disrupt their people. We don’t want to disrupt the technology,” says Heider. “What we want to do is be a complement to that acquisition, – that approach is an evolution, not a revolution.”
The focus on evolution can sometimes result in a long process, but along the way, the teams come to trust each other and work together. “They know their environment better than we do. They often know what works—so we try to learn from them. And that’s where constant discussion, constant partnership with them helps them know that we are not a threat, we’re an ally,” says Heider. “My team can’t be everywhere. And that’s where we need these acquisitions to be the eyes and ears of specific areas of Cisco’s infrastructure.”
Training is another way Heider, and his team help acquisitions get up to speed on Cisco’s security standards. “Training is one of the top priorities within our commitments to both Cisco and the industry,” Heider says. “That includes training in Cisco technologies, but also making sure that these individuals are able to connect with other security professionals at conferences and other industry events.”
When asked what advice he has for enterprises that want to maintain security while acquiring other companies, Heider has a few recommendations.
Having the right security agents and clear visibility into endpoints is critical. As is inputting the data logs of those endpoints into a security event and incident management (SEIM) system. That way, explains Heider, you have visibility into your endpoints and can run plays against those logs to identify security threats. “We’ll reach out to the asset owner and say they might have malware on their system—which is something nobody wants to hear,” says Heider. “But that’s what the job entails.”
Often, end users don’t know that they’re clicking on something that could have malware on it. Heider says user education is almost as important as visibility into endpoints. “Cisco really believes in training our users to be custodians of security, because they’re safeguarding our assets and our customers’ data as well.”
End users should be educated about practices such as creating strong passwords and not reusing passwords across different applications. Multi-factor authentication is a good practice, and end users should become familiar with the guidelines around it.
Updating software and systems is a never-ending job, but it’s crucial for keeping infrastructure operating. Sometimes, updating a system can weaken security and create vulnerabilities. Enterprises must maintain a balance between enabling business innovation and keeping systems and data secure. Patching systems can be challenging but neglecting the task can also allow threat actors into a vulnerable system.
Heider says public cloud operations can be beneficial because you’re transferring ownership liability operations to a third party, like Amazon Web Services or Google Cloud platform. “The only caveat,” he says, “is to make sure you understand that environment before you go and put your customer’s data on it. You might make one false click and expose your certificates to the Internet.”
Heider says that while a big part of his job is helping acquisitions uplevel their security domain to meet baseline security requirements, there’s always the goal to do even better. “We don’t want to be just that baseline,” he says. His team has learned from acquisitions in the past and taken some of those functionalities and technologies back to the product groups to make improvements across Cisco’s solutions portfolio.
“We’re customer zero – Cisco is Cisco’s premier customer,” says Heider, “because we will take a product or technology into our environment, identify any gaps, and then circle back to product engineering to improve upon it for us and our customers.”
Managing Cybersecurity Risk in M&A
Demonstrating Trust and Transparency in Mergers and Acquisitions
When It Comes to M&A, Security Is a Journey
Making Merger and Acquisition Cybersecurity More Manageable
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Dan Burke is the director of strategy, risk, and compliance for AppDynamics, a company acquired by Cisco in 2017. Burke and his team are a vital part of the Cisco acquisition process in helping acquired companies adhere to a higher level of cybersecurity. This blog is the fourth in a series focused on M&A cybersecurity, following Shiva Persaud’s post on When It Comes to M&A, Security Is a Journey.
Part of the secret to Cisco’s success is its ability to acquire companies that strengthen its technology portfolio and securely integrate them into the larger organization. From the outside, that process might appear seamless—consider Webex or Duo Security, for instance—but a fruitful acquisition takes tremendous work by multiple cross-functional teams, mainly to ensure the acquired company’s solutions and products meet Cisco’s rigorous security requirements.
“My team is responsible for aligning new acquisitions to Cisco controls to maintain our compliance with SOC2 and FedRAMP, as well as other required certifications,” says Burke.
When Cisco acquires a new company, it conducts an assessment and produces a security readiness plan (SRP) document. The SRP details the identified weaknesses and risks within that company and what they need to fix to meet Cisco standards.
“In the past, my team wouldn’t find out about an acquisition until they received a completed SRP. The downside of this approach was that the assessments and negotiations had been done without input from our group of experts, and target dates for resolution had already been decided on,” shares Burke.
“We needed to be involved in the process before the SRP was created to understand all risks and compliance issues in advance. Now we have a partnership with the Cisco Security and Trust M&A team and know about an acquisition months before we can start working to address risks and other issues—before the SRP is completed and the due dates have been assigned,” Burke adds.
“Another issue resolved in this process change is that Cisco can gain earlier access to the people in the acquired company who know the security risks of their solutions. During acquisitions, people will often leave the company, taking with them their institutional knowledge, resulting in Cisco having to start from scratch to identify and assess the risks and determine how best to resolve them as quickly as possible,” says Burke. “It could be vulnerabilities in physical infrastructure or software code or both. It could be that the company isn’t scanning often enough, or they don’t have SOC 2 or FedRAMP certification yet—or they’re not using Cisco’s tools.”
“Third-party vendors and suppliers can also present an issue,” he adds. “One of the biggest risk areas of any company is outside vendors who have access to a company’s data. It’s vital to identify who these vendors are and understand the level of access they have to data and applications. The earlier we know all these things, the more time we must devise solutions to solve them.”
“Now that I’m in the process earlier, I can build a relationship with the people who have the security knowledge—before they leave. If I can understand their mindset and how all these issues came about, I can help them assimilate more easily into the bigger Cisco family,” says Burke.
The additional benefits of bringing teams in earlier are reduced risk and compliance requirements can be met earlier. It also provides a smoother transition for the company being acquired and ensures they meet the security requirements that customers expect when using their technology solutions.
“Without that early involvement, we might treat a low-risk issue as high risk, or vice versa. The misclassification of risk is extremely dangerous. If you’re treating something as high risk, that’s low risk, and you’re wasting people’s time and money. But if something’s high risk and you’re treating it as low risk, then you’re in danger of harming your company,” Burke shares.
“The key is to involve their risk, compliance, and security professionals from the beginning. I think other companies keep the M&A process so closely guarded, to their detriment. I understand the need for privacy and to make sure deals are confidential but bringing us in earlier was an advantage for the M&A team and us,” Burke adds.
When asked what he thinks makes Cisco successful in M&A, Burke says, “Cisco does an excellent job of assimilating everyone into the larger organization. I have worked at other companies where they kept their acquisitions separate, which means you have people operating separately with different controls for different companies. That’s not only a financial burden but also a compliance headache.”
“That’s why Cisco tries to drive all its acquisitions through our main programs and controls. It makes life easier for everyone in terms of compliance. With Cisco, you have that security confidence knowing that all these companies are brought up to their already very high standards, and you can rely on the fact that they don’t treat them separately. And when an acquisition has vulnerabilities, we identify them, set out a remediation path, and manage the process until those risks are resolved,” Burke concludes.
Managing Cybersecurity Risk in M&A
Demonstrating Trust and Transparency in Mergers and Acquisitions
When It Comes to M&A, Security Is a Journey
We’d love to hear what you think. Ask a Question, Comment Below, and Stay Connected with Cisco Secure on social!
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Security that is hard to deploy and complex to manage needs to become a distant memory if businesses are to be resilient through times of uncertainty. Even something as critical as a firewall, the sentinel in the security stack, can often require a lengthy setup, ongoing maintenance, and disjointed management. Over the long run, these additional costs accrue and can have a negative impact on security programs. When budgets are constrained, these effects can be exacerbated and become a barrier to providing the level of security organizations need to protect the integrity of their business.
At Cisco we have a rich history overcoming this challenge with Cisco Secure Firewall. Forrester Consulting recently conducted an independent analysis of organizations using Secure Firewall. The study showed that customers realized a 195% in total ROI when managing their firewall fleet through Cisco Secure Firewall Management Center (FMC). Improvements to security workflows through the FMC, which include deploying, managing, and updating policy, were the largest contributing factor to the tune of $18.6 million in total benefits achieved. The Forrester study states that “organizations reduced network operation work streams by up to 95%. Thanks to the latest features of Cisco Secure Firewall and the ease of management via Firewall Management Center.”
We are not done. Today we boost productivity even further, with the new cloud-delivered version of FMC within the Cisco Defense Orchestrator (CDO) platform. This leap brings all the features from FMC into the cloud and consolidates firewall management. Organizations save time, increase security, and gain a positive ROI. With cloud-delivered FMC, manually managing updates is a thing of the past. An agile delivery of updates is built in to ensure uptime, so you can focus on your most important priorities — protecting the integrity of the business with increased firewall capabilities. The CDO platform unifies the lifecycle of policy management across multiple Cisco security solutions in our cloud. By bringing the FMC experience directly into CDO, end users enjoy the same look, functionality, and workflow as on-premises and virtual versions of Firewall Management Center. Without the usual learning curve within a new “experience,” migration to the cloud is simplified. Organizations can now propel cloud-first strategies and enable the rapid delivery of firewall services no matter where your network may roam.
“Moving FMC into CDO isn’t just about cost savings for today and powering security resilience with flexibility and choice. We are also putting a firm foot into the near future for SASE and achieving unified policy across the multienvironment IT.”– Justin Buchanan, Sr. Director Product Management, Cisco Secure
Traditionally, customers have deployed FMC as a physical or virtual appliance. Now in addition to cost savings, security resilience is driving an increased need for hybrid multicloud deployments. Leveraging public cloud infrastructures, organizations are becoming more cost efficient — cloud-delivered applications reduce change management and operational overhead. But they are also ensuring organizations have the agility required to deploy network security workloads where and how they want to remain agile and adapt to uncertainty.
Hybrid work and business continuity is made possible within the CDO platform. A cloud-based and centralized platform unifies firewall management across the Cisco Secure and Meraki portfolio and provides the foundation to unify policy across the distributed network all within a platform that is built to drive increased ROI and preserve the user experience. IT can control and manage firewall policy from anywhere along with a low-touch provisioning and onboarding process for branch and firewall deployments. The cloud-delivered FMC integrates with Cisco Secure Analytics & Logging, and, as a result, enhanced data retention and meeting stringent compliance requirements has never been easier. Whether you are part of a smaller organization or a larger enterprise, you control how many Cisco Secure Firewalls are managed through the cloud-delivered FMC, and easily scale that number. So, when it comes to simplicity at scale, CDO is your answer.
To learn more about Cisco Secure Firewall Management Center, visit our product page and read the entire Forrester report here.
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