Tuesday , May 14 2024
The content is written by Muhibbul Muktadir Tanim.

Cyber Resilience: Elevating Bangladesh’s Corporate Culture Safeguard

Bangladesh’s use of technology in the digital era brings up a major challenge in cybersecurity. Previous cyberattacks have shown the need for stronger protection.

The incidents in 2014 and 2016 caused significant financial losses in the banking sector, showing the importance of improving cybersecurity.

Bangladesh bank published CBS guideline Version 2.0

The banking industry in Bangladesh is the core driver in economic development of the country. The focus on inclusion and...
Read More
Bangladesh bank published CBS guideline Version 2.0

Fortinet report
Attackers exploiting vulnerabilities 50% faster, just 4.76 days

Fortinet reported that in the second half of 2023, the average time form the disclosure of a vulnerability to its...
Read More
Fortinet report  Attackers exploiting vulnerabilities 50% faster, just 4.76 days

TechCrunch report
Indian gov.t sites compromised to plant online betting ads

Indian government websites have been used by scammers to place ads that send visitors to online betting sites. TechCrunch found...
Read More
TechCrunch report  Indian gov.t sites compromised to plant online betting ads

Damage Costs Predicted To Exceed $265 Billion By 2031
Ransomware expected to attack every 2 seconds by 2031

Ransomware damage costs are predicted to exceed $265 billion by 2031, and it is expected to be the fastest growing...
Read More
Damage Costs Predicted To Exceed $265 Billion By 2031  Ransomware expected to attack every 2 seconds by 2031

ALERT CISA WARNS
Black Basta ransomware breached over 500 orgs worldwide

CISA, FBI, HHS, and MS-ISAC released a joint Cybersecurity Advisory called #StopRansomware: Black Basta. It provides tactics, techniques, procedures, and...
Read More
ALERT CISA WARNS  Black Basta ransomware breached over 500 orgs worldwide

Cyber Attack On Data Center Cooling Systems results disruption

According to cybersecurity analysts at Dragos, while cloud adoption offers many benefits for industrial companies , it also poses certain...
Read More
Cyber Attack On Data Center Cooling Systems results disruption

Chrome Zero-Day Alert — Update Your Browser to Patch

Google released an urgent security update for Chrome browser. The update fixes a critical vulnerability that is already being exploited...
Read More
Chrome Zero-Day Alert — Update Your Browser to Patch

Dell Discloses Data Breach: 49 million customers allegedly affected

A security breach has been reported, with a threat actor claiming to be selling a database with 49 million customer...
Read More
Dell Discloses Data Breach: 49 million customers allegedly affected

BIG VULNERABILITIES IN NEXT-GEN BIG-IP

Eclypsium recently found flaws in F5’s BIG-IP Next Central Manager, which could let attackers take control of the network. BIG-IP...
Read More
BIG VULNERABILITIES IN NEXT-GEN BIG-IP

UK confirms Ministry of Defence payroll data exposed in data breach

he UK government confirmed that hackers recently broke into the country's Ministry of Defence and accessed part of the Armed...
Read More
UK confirms Ministry of Defence payroll data exposed in data breach

More recent disruptions, such as ransomware in the national airline and a government website breach in 2023, highlight the urgent need for IT experts to make cybersecurity a top priority. As businesses use more technology, it is crucial for them to integrate strong cybersecurity into their corporate culture to protect against evolving threats.

ALSO READ:

Public private partnership is essential to increase cyber awareness

Bangladesh is a prime target for cyber threats because of its geopolitical position. The cybersecurity challenges have become worse due to regional conflicts and the global pandemic. This has led to more cyberattacks on government, private, and financial institutions.

As a cybersecurity expert, enthusiast, IT professional, and technological leader, it is imperative to address these challenges within the context of Bangladesh’s corporate culture. Here are key guidelines for corporate leaders and directors to improve cybersecurity culture and fortify their organizations:

Raise Awareness and Provide Training:
* Conduct regular cybersecurity awareness programs tailored to the organization’s needs.
* Empower employees with training sessions, making them an integral part of the defense against cyber threats.

Leadership Engagement:
* Secure leadership buy-in to prioritize and set an example for the entire organization.
* Actively involve top-level management in cybersecurity initiatives to demonstrate its importance.

Emphasize Accountability:
* Leverage the existing culture of responsibility by making individuals accountable for their cybersecurity actions.
* Encourage employees to report suspicious activities and reward proactive contributions to organizational security.

Cultural Adaptation:
* Align security policies and practices with the existing corporate culture.
* Strike a balance between security measures and workplace norms for effective implementation.

Invest in Technology and Infrastructure:
* Allocate resources to acquire and implement robust cybersecurity tools and infrastructure.
* Ensure IT professionals have access to the latest security technologies to enhance defense mechanisms.

Develop an Incident Response Plan:
* Establish a well-defined incident response plan for detecting, containing, and recovering from cybersecurity incidents.
* Regularly test and refine these procedures to ensure their effectiveness.

Encourage Collaboration and Information Sharing:
* Foster collaboration between departments and organizations.
* Form alliances or industry-specific cybersecurity forums for sharing threat intelligence and best practices.

By incorporating these guidelines into the fabric of Bangladeshi corporate culture, organizations can fortify their defenses against the ever-evolving landscape of cyber threats, ensuring a secure and resilient digital future.

Writer:
Muhibbul Muktadir Tanim
Senior Manager, IT Infrastructure & Systems Management, icddr,b

Check Also

ONLINE ALERT
When your phone camera spy on you!

We all love snapping pics on our phones, right? They help us catch life’s fun, …

Leave a Reply

Your email address will not be published. Required fields are marked *