Cybersecurity in the
Technology Industry

The technology industry is the driving force and infrastructure behind the digital revolution. The security it uses needs to keep up with its rapid pace of innovation, especially since new technologies create new channels for intrusion at the same time they create technological advancement. But with many annual budgets dedicated to the innovation, research and development and user experience improvements that keep businesses relevant in the market, the budget for cybersecurity isn’t always sufficient.

Why is cybersecurity important in the technology industry?

Roughly 25% of all cyberattacks occur within the technology industry, making it the most attacked industry around the world. This high interest is due to the rich rewards that can come out of a data breach at a tech company, be it ransom payments, stolen IP, data manipulation or destruction of information and records. Any of these outcomes could mean losing years of research and your businesses’ competitive advantage.

As technology gets integrated into every aspect of business and life in the digital age, a breach at one tech company can create an attack path into other sectors and companies, all connected through linked technology. And as tech companies grow and expand, so too does their attack surface. With supply chains and global operations opening up new control challenges, business growth must be met with equal cybersecurity growth in order to keep a business secure.

Finding the balance
of risk and reward

By nature, people in the technology industry have a higher risk appetite than other industries, ready to try newer technologies sooner, sometimes before they are tried, tested and deemed properly secure. Combined with the open environments and relaxed corporate culture that are designed to stimulate creativity and collaboration (but are ultimately harder for security professionals to defend) cybersecurity in the technology industry poses a particularly nebulous challenge.

Level up with confidence

When you work with deepwatch, we’re more than a partner; we’re part of your squad. Our Squad Delivery Model is designed to provide you with named security experts who work consistently with your team and your business, getting to know your operations inside and out. Our customer focused, responsive team of analysts makes deepwatch stand out in a world of MSSPs filled with nameless, distant resources.

As your business changes, your Squad is right there with you, working to make sure your cybersecurity matures right alongside your business. Measured against the deepwatch Maturity Model, your Squad helps you enhance your security posture and network defenses in a way that helps you justify and prioritize future investments that demonstrate your security operation’s value through quantifiable improvements with data.

See how your maturity posture compares to others in the technology industry through the deepwatch MOBILE™ web app.

Securing what makes your business unique

Safeguarding your IP is our number one priority. Making sure your security posture matches exactly what your business needs is how we do it. Our Cloud SecOps Platform is designed to streamline your security operations, provide context-rich triaging and help you not just keep up with happenings across your digital infrastructure, but understand them and act with intelligence. Our partnership with Splunk as our Security Incident & Event Management (SIEM) solution means you have access to best of breed technologies run by experts who work with them every single day.

As partners, deepwatch + Splunk provide you with:

The setup, enhancement and deployment of existing and new security technologies, customized to meet unique requirements and environments

Clear insights into omnichannel operations for increased visibility into bottlenecks to smooth your operations and scale with consistency

Fully outsourced security capabilities for 24x7x365 security monitoring, vulnerability management and endpoint detection & response

Continuous enhancement overtime to keep IP and other critical business assets safe

Improved understanding of your threat landscape through cyber threat intelligence to reduce risk, investigate events and respond quickly to threats

Learn more about our partnership in the deepwatch + Splunk Joint Solution Brief.

Technology Cybersecurity Success Stories

Technology Company Needed to Establish a Security Program to Protect Critical Assets

A growing library of IP means business is booming, but it also means more and more vulnerabilities are added day by day. Without the team, the time or the expertise to establish a security program that could protect their critical assets, our client needed help. See how deepwatch answered the call.

Retail Business Selects deepwatch to Provide Managed Detection & Response Services Across Business Units

As a consolidated conglomerate of 10 international retail business units, the customer has a broad attack surface to monitor and defend. See how deepwatch deployed our SecOps Platform across all 10 business units to deliver alerts in under 30 days.

FAQs

FAQs

The technology industry makes up the backbone of much of our modern economy and way of life. If one element is compromised, it can have a spiraling effect down to other industries and companies. When protecting the tech world, most businesses recognize these three areas as the key things in need of special care and management.

  • IP: proprietary algorithms, UI, apps, schematic, etc.
  • User data: contact information, credit card information, PII, etc.
  • Connective information: access points from one technology to another, pathways for access between programs, etc.

As the world gets more complex, the exact channels of access and activities of hackers may change and increase, but old threats will continue to be around. Being on guard for Trojan horses, ransomware, malware and more will always be a concern, but it’s important to keep in mind that just because you have a handle on one today, doesn’t mean a new threat won’t show up tomorrow.

Today’s top threats:

  • Nation-state sponsored threat actors
  • Industry competitors
  • General cybercriminals
  • IP theft, alteration, ransom or destruction
  • Rogue data injection
  • Eavesdropping
  • Access control