The Top 10 Use Cases for Digital Risk Protection
May 10th, 2019
Implementing an effective digital risk protection (DRP) strategy is crucial for cybersecurity teams to proactively thwart potential cyberattacks against their organizations. But there is no such thing as one-size-fits-all when it comes to DRP. Because each organization has a unique digital footprint, its threat monitoring algorithms need to be tailored accordingly. A good DRP solution makes it as simple as possible for cybersecurity teams to dynamically configure, ingest, and enrich threat feeds within a single platform. Otherwise, it would be near impossible to turn the constant influx of threat data into actionable intelligence.
Since every organization has a different digital footprint, each one will find different kinds of threats levied against it by an unceasing caravan of cybercriminals and other threat actors. The following are the top 10 use cases IntSights has identified for DRP solutions:
1. Phishing Detection
Phishing is a well-known attack method that has been in use since the internet’s early days. But it remains an enduring challenge for the cybersecurity community, as recipients still routinely fall for phishing attacks. As long as this method remains so easy and effective, threat actors will continue to use it gratuitously. By the time a malicious message reaches an employee’s inbox, it’s too late for an endpoint security system to be of any use. This is where DRP can come to the rescue: By tracking key phishing indicators like registered domains, MX record changes, and DNS reputation, cybersecurity teams can proactively identify and cut off phishing attacks at their source. DRP can pinpoint malicious domains and quickly eradicate imposter sites.
2. Vulnerability Prioritization
With all the different technologies in use and the sheer volume of data at any security team’s disposal, it’s no longer possible to manually correlate threat data with an organization’s vulnerabilities. DRP solutions can collect vulnerability and exploit data from numerous sources and analyze it in real time to identify and validate the biggest risks. Real-time vulnerability assessment gives teams the ability to prioritize and promptly address the most pressing threats.
3. Dark Web Visibility
While the dark web affords threat actors a great deal of anonymity, they can’t hide from DRP forever. A strong DRP solution seeks out their activities across the clear, deep, and dark web, identifying their targets, tools, and fellow collaborators. DRP should understand how criminals think and how threats evolve, so cybersecurity teams can pinpoint malicious campaigns and proactively take steps to mitigate them.
4. Brand Protection
Companies spend years and huge amounts of money building their brands – and hackers know it. A brand is one of a company’s most important and valuable assets, and cybercriminals frequently target loyal customers by impersonating established brands. A DRP solution should be able to scan external sources for evidence of this, as well as monitoring domains, IP addresses, mobile apps, and social media pages to identify imposters. It can then share alerts across the organization to any departments that may be affected.
5. Fraud Protection
Every organization has all kinds of perimeter security systems in place to thwart direct attacks – firewalls, gateways, IDS/IPS, malware systems, etc. These are necessary systems – but hackers have found ways to circumvent them entirely by using fraud schemes. This is particularly an issue for companies in the financial services and retail sectors. These organizations’ DRP solutions must watch for attempted customer phishing sites, leaked credentials, Social Security numbers, and bank account info of customers and employees. Real-time alerts enable cybersecurity teams to stop fraud before it happens, which can save millions of dollars in damages.
6. Malicious Mobile App Identification
It seems like there’s a mobile app for just about everything these days. That’s great for consumer brands – they can interact with their customers on the devices they use the most. But cybercriminals understand this, and have responded by developing rogue, malicious apps that marketing teams do not tend to search for, or even think about. This is where a DRP solution can fill a noticeable gap, monitoring app stores of both the legitimate and pirate varieties to spot suspicious apps and initiate takedowns. A good DRP solution partners with app stores to facilitate prompt takedown processes and alert the marketing department when a brand impersonation attempt is validated.
7. VIP and Executive Protection
Executives used to lean on bodyguards for security. Now, however, they primarily face threats other than physical harm. High-level VIPs are often targeted by cybercriminals for their personal information, credentials, assets, and sensitive data or documents, which could prove to be extremely valuable on dark web black markets. This is also true of others who have access to sensitive company data, like operational leaders, investors, board members, and advisors. DRP solutions can scan sources on the clear, deep, and dark web to identify efforts to target or impersonate these people and use automated or manual – and legal – processes to take down the threats.
8. Automated Threat Mitigation
The sheer number of threats any given organization faces can be daunting, but the severity of those threats only amplifies the issue. A good DRP solution will mitigate those threats automatically, turning data into intelligence into action. This means threat blocking, threat takedowns, credentials resets, and implementing policies that keep the organization safe. Successful automation has the pleasant side effect of simplifying efforts, in this case by consolidating security tools.
9. Leaked Credentials and Sensitive Data Monitoring
Protecting customer data and intellectual property is of critical importance for organizations in today’s digitized world. DRP solutions must monitor for stolen credentials, passwords, and any other sensitive data that could give cybercriminals access to corporate systems. The best way to leverage a DRP solution to act on credential information is by integrating it with Active Directory and Microsoft Exchange, enabling it to automatically validate and reset active credentials if they are leaked.
10. Third-Party Cyber Risk Assessment
Protecting corporate systems plus all the external components of the digital footprint is challenging enough, but cybersecurity teams also need to be cognizant of the third-party vendors their organizations employ. These vendors are often targeted by cybercriminals because they integrate with their clients’ systems, unintentionally acting as a conduit for access. A good DRP solution must evaluate the threats these third parties face, as well, to effectively manage the cyber supply chain and assess overall risk.
DRP is an increasingly important component of a good cybersecurity strategy as organizations continually expand their digital footprints. Download Digital Risk Protection for Dummies to learn more about DRP and how to implement it.
Stay up to Date!
Subscribe to the blog to stay up to date with all the latest industry news and updates from IntSights.