Magazine article National Defense

Study: No One Size Fits All in Cybersecurity

Magazine article National Defense

Study: No One Size Fits All in Cybersecurity

Article excerpt

* While companies across the nation are pumping more money into hardening their networks and preventing cyberattacks, many are not economically optimizing their investment, a recent study found.

There is no "one-size-fits-all" strategy in cybersecurity, found a recent RAND Corp. report, "The Economics of Defense," which was commissioned by Juniper Networks.

"It isn't just about buying the latest tool and solving your problem," said Bob Dix, Juniper's vice president of global government affairs and public policy. "There needs to be a holistic approach and it needs to be driven by an enterprise examination of risk management."

Over the next decade, the cost of managing cyberattacks will increase by 38 percent. The bulk of that increase will be due to rising costs associated with security programs, the study found. But more investment will not necessarily equate to safer networks, Dix said.

"Many of the security tools that are available on the marketplace today may solve part of the problem for part of the time, but there is no real silver bullet," he said.

"Some of the tools have a shelf life and we have to be cognizant of that."

Small to medium-sized businesses have different needs than larger companies and should invest only in basic tools and policies. …

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