Mitigating Cyberattacks with iPaaS

Mitigating cyberattacks with ipaas

By Marco Meisert, Vice President, APAC

A closer look at the rise of cyberattacks in Asia Pacific – and why iPaaS is your secret weapon.

Data from IBM’s 2023 X-Force Threat Intelligence Index reveals the Asia Pacific region held the top spot as the most attacked region in 2022 (for the second year in a row), accounting for 31% of all incidents. Recent data confirms APAC is emerging as a major target for cybercriminals, with a surge of 16% in average weekly cyberattacks per organization in Q1 2023.

Businesses in APAC will continue to face a growing number of cyberattacks “as bad actors take advantage of economic and geopolitical disruptions,” making it “imperative that business leaders take immediate action to prepare and secure against these malicious threats,” according to IBM India & South Asia’s Vice President of Technology, Viswanath Ramaswamy.

With nearly 10 million patient health records compromised late last year in one of Australia’s worst cyberattacks to date, and with cyber criminals in this region showing no signs of slowing down, organizations in the APAC region are readjusting their cybersecurity imperatives for 2023. Understanding the complexities of the APAC market – and implementing tools and strategies to combat these cyberattacks – has never been more pivotal for businesses operating in the region.

Why is APAC vulnerable to cyberattacks?

APAC’s rapidly expanding digital landscape and central role in the global supply chain make it a prime target for cybercriminals. Additionally, the speed of digitization brought on by the pandemic left many APAC businesses operating in diverse IT environments, consisting of legacy systems, on-premise infrastructure, and cloud-based applications. This often results in process data silos, security gaps, and other tech complexities, making it harder to implement and manage organizational security protocols.

There is also a dire need for cybersecurity talent in APAC, with data showing the region faces a shortage of approximately 2.1 million workers in the field. And with several APAC countries implementing localized data protection and privacy regulations, such as the Personal Data Protection Act (PDPA) in Singapore, organizations must also comply with these regulations while safeguarding customer data, adding an additional layer of complexity for already overburdened and understaffed IT departments.

How iPaaS mitigates cyberattacks

A strong cybersecurity strategy begins with auditing your current tech stack, processes, and systems to identify weaknesses or blind spots. Integration platform as a service (iPaaS) solutions are becoming an essential part of modern cybersecurity strategies for its flexibility, resilience, and enterprise-grade security features. The top three ways iPaaS helps mitigate cyberattacks include:

  1. Integrations with Embedded Data Protection: IPaaS seamlessly integrates applications, systems, and data sources across your organization, ensuring secure data transfers between them with enterprise-grade security built into the platform. By providing standardized interfaces and connectors, you can connect disparate systems to reduce data silos while ensuring data integrity and protection. With iPaaS, IT and cybersecurity teams can manage and control integrations in a single platform.
  2. Improved Analytics for Better Threat Detection: Robust iPaaS solutions offer advanced monitoring and analytics capabilities, empowering organizations to identify and respond to anomalies or deviations from normal patterns, signaling potential security incidents. Plus, the ability to aggregate and analyze data from multiple sources in a unified place makes it easier for organizations to proactively identify and mitigate security risks.
  3. Flexibility to Evolve with Changing Security Needs: In APAC’s rapidly evolving threat landscape, organizations need the ability to quickly pivot and add new systems or applications to adapt to changing business or security needs. As business systems scale and evolve, iPaaS provides the flexibility to add, remove, or modify integrations to keep pace with corporate or governmental security requirements.

Learn how Jitterbit can help bolster your enterprise cybersecurity strategy with our Harmony iPaaS platform.

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