Business Chief US and Canada September 2022 | Page 48

BOOZ ALLEN HAMILTON
Developing converged fusion The realm of cybersecurity is becoming increasingly complex and fast moving , which means companies must keep up or face the terrible consequences of a potential breach . Gaidhane believes Converged Fusion is a proven approach that will continue to develop better cyber fortification within an increasingly connected business environment . It involves using intuitive thinking , which predicts the nature of the attacker .
“ Essentially , it involves combining cyber domains with other domains ,” he explains . “ An example of converge fusion at a bank would be , ‘ How do you reduce fraud ?’. Fraudsters are using traditional mechanisms and means to trick individuals into paying them money or transferring them money . But there ' s a pretty big overlap with the cyber techniques that cyber criminals use . If you try to tackle the fraud problem using cyber and fraud techniques separately , you ' ll never act fast enough to catch the attackers . In this case , it makes more sense to try and think as the attackers do .”
Gaidhane points out that attackers use a combination of human and cyber techniques to gain an advantage . “ What you have to do on the defensive side is the same thing . You have to start seeing fraud data within a cyber context and see cyber data within a fraud context , then be able to talk between and merge these two .”
The approach is multifaceted and so requires another angle of defence . Booz Allen ’ s industry experience delivers context about the different types of cyber threats occurring across different industries , and enables better prioritisation to protect the entire enterprise .
“ That ' s one example of where we ' ve helped financial companies deal with fraud ,” asserts Gaidhane . “ In other cases , clients are trying to deal with things like insider threats . If you try to tackle that problem by itself , not knowing the cyber context , it ’ s going to be a difficult problem to solve . But , once you start looking at these problems holistically , trying to merge those domains and see where the overlaps are – just like the adversaries are doing – then it becomes a better way to solve that problem . This approach is essentially being applied to a multitude of domains .”
Cybersecurity in a digital ecosystem As the digital ecosystem and IoT result in ever-greater connectivity between industry players , the question of cybersecurity becomes increasingly important and complex . Businesses – both large and small – now work digitally closer than ever before , sharing data streams and information at unprecedented levels . As cyber defenders , the role of Booz Allen is to ensure that its solutions empower businesses to partner and connect without the threat of imminent breaches occurring .
48 September 2022