As cyberthreats become increasingly sophisticated, regulated industries need to look at whether they're doing enough to elevate their cybersecurity standards.
"When your system is down, it creates the best opportunity for hackers to compromise your data," said Javad Abed, assistant professor of information systems at Johns Hopkins Carey Business School. "That's why multiple layers of security are crucial. Redundancy is key. You need to assume 100% that threats will happen and build your security around zero trust.
The implementation of military-grade cybersecurity is not without challenges. High costs, the need for specialized personnel, and potential compatibility issues with existing systems are significant hurdles that organizations must consider. "Some military-grade strategies may interrupt the operation or cost more than their revenue, so it may not make sense to employ it," Abed said.
Abed agrees. "The poor economic condition is a motivator, especially in the tech and IT fields. Employees inside the organizations will do more intentional attacks." Frederic Rivain, chief technology officer of Dashlane, holds a contrarian view on the need for military-grade defenses. He argues that human error remains the most common infiltration method and believes education is crucial.