Hi-Tech Manufacturing Company Significantly improves its Network Defense Beyond the Firewall
The Gap: Outdated Systems and Reactive Approach
Outdated systems (60% of companies) and lack of incident response plans (45%) leave businesses vulnerable to cyberattacks. This can cost an average of $5 million per breach due to remediation, lost productivity, reputation damage, and potential fines. Investing in modern security and proactive planning is crucial!
Challenge
Breaches, Blackouts, and Billions Lost: The Cybersecurity Crisis in Semiconductors.
A leading Hi-Tech company, faced a growing threat landscape targeting the vital tech supply chain. Antiquated systems, weak data controls, and an inadequate incident response plan left them exposed to potential financial and operational disruptions. Security posture assessments revealed scores significantly below industry benchmarks, raising concerns of intellectual property (IP) theft, infrastructure attacks, and non-compliance with regulations.
Industry:
High-Technology
Service:
Security And Compliance
Solution
A Multi-Layered Defense
- Periscope Technologies partnered with CyGlass to implement a comprehensive security solution. CyGlass deployed its intelligence-driven platform on firewalls, leveraging the MITRE ATT&CK framework to identify real-world attack tactics and tailor threat alerts to the company's specific environment.
A Strategic Roadmap to Maturity
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A roadmap was established to systematically improve security posture over time, aligning with frameworks like NIST CSF.
This roadmap prioritized initiatives for both "Quick Wins" and "Deeper Gains":
Quick Wins
- Multi-Factor Authentication (MFA) implementation
- Firewall and network security updates
- Workstation and endpoint hardening
Deeper Gains
- Cloud architecture security optimization
- Automated asset inventory and patch management
- Establishing security operations center (SOC) capabilities
- Implementing data loss prevention (DLP) controls
- Enhancing email and web security gateways
Continuous Improvement
- Vulnerability management program
- Risk assessment and penetration testing
- Security awareness and training initiatives
- Incident response plan development and testing
- Simulated attacks to validate and optimize defenses
Securing Finances and Compliance
- Evaluating cyber insurance for safeguarding against losses, fines, lawsuits, and recovery costs
- Ensuring compliance with industry regulations (e.g., SEC's disclosure requirements)
- Implementing security controls for data privacy regulations (GDPR, CCPA, etc.)
Outcome:
A More Secure Future
By implementing a multi-layered approach, Periscope Technologies significantly improved client's security posture, mitigating risks associated with IP theft, infrastructure attacks, and non-compliance. This case study highlights the importance of a proactive and strategic approach to cybersecurity in the ever-evolving threat landscape faced by the semiconductor industry.
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