10 Measures Companies can take to avoid CloudStrike kind of failure for their IT Systems

10 Measures Companies can take to avoid CloudStrike kind of failure for their IT Systems

The recent failure of CloudStrike, a major cybersecurity incident, highlights the growing vulnerabilities in cloud infrastructure. The 2024 CrowdStrike Global Threat Report reveals a significant rise in the speed and sophistication of cyberattacks targeting cloud environments. Key issues include the rapid exploitation of stolen identity credentials and the increased use of generative AI by adversaries to lower the barrier of entry for sophisticated attacks.

One of the notable trends is the dramatic increase in attack velocity. In 2023, the fastest recorded cyberattack took just 2 minutes and 7 seconds to achieve a breakout, with adversaries deploying initial discovery tools within 31 seconds of gaining access. This indicates that cybercriminals are becoming more efficient and quicker in compromising systems once they breach the initial defenses.

The report also notes a 75% increase in cloud intrusions, driven primarily by the exploitation of stolen credentials. This rise in attacks highlights the challenges organizations face in differentiating between legitimate and malicious user activities within cloud environments. Additionally, there was a 60% increase in interactive intrusions, where attackers actively engage with compromised systems in real-time, executing commands and adapting their tactics as needed.

Moreover, the exploitation of generative AI by nation-state actors and hacktivists is expected to continue, further complicating the cybersecurity landscape. These actors are using AI to democratize attacks, making it easier for them to conduct more sophisticated operations with greater success rates.

To avoid failures like those experienced by CloudStrike, companies can implement the following measures for their IT systems:

  1. Robust Backup and Recovery Plans:
    • Regularly back up all critical data and systems.
    • Ensure backups are stored in multiple locations.
    • Test recovery procedures periodically to ensure they work as expected.
  2. Comprehensive Security Measures:
    • Implement strong authentication mechanisms, such as multi-factor authentication (MFA).
    • Regularly update and patch all systems and applications.
    • Use advanced threat detection and response tools.
  3. Regular Audits and Compliance Checks:
    • Conduct regular security audits and vulnerability assessments.
    • Ensure compliance with industry standards and regulations.
  4. Network Segmentation:
    • Segment networks to limit the spread of potential breaches.
    • Implement strict access controls based on the principle of least privilege.
  5. Disaster Recovery and Business Continuity Planning:
    • Develop and maintain a comprehensive disaster recovery plan.
    • Conduct regular drills to ensure all stakeholders are prepared for potential incidents.
  6. Monitoring and Logging:
    • Implement continuous monitoring and logging of all critical systems.
    • Analyze logs regularly to detect and respond to unusual activities.
  7. Employee Training and Awareness:
    • Conduct regular cybersecurity training for all employees.
    • Raise awareness about phishing and other social engineering attacks.
  8. Third-Party Risk Management:
    • Assess the security posture of all third-party vendors and partners.
    • Implement strict controls and monitoring for third-party access to systems.
  9. Redundancy and High Availability:
    • Design systems with redundancy and failover capabilities.
    • Use load balancers and high-availability configurations to ensure continuous operation.
  10. Regular Updates and Patch Management:
  • Ensure all software and hardware are regularly updated.
  • Implement automated patch management systems to reduce vulnerabilities.

Implementing these measures can significantly reduce the risk of IT system failures and enhance overall security and resilience.