The Importance of Network Segmentation in Preventing Cyber Threats

The Importance of Network Segmentation in Preventing Cyber Threats

By: Beaconer, Nov 1, 2024

The Importance of Network Segmentation in Preventing Cyber Threats

Small business managers and owners might consider themselves immune to attacks arising out of cybercriminals since they believe that bigger enterprises stand as the most alluring target. However, security through uncertainties is not a practical defense against computer hackers who have a lot of time and numerous software tools to attain access to systems that lack defenses against or who lack proper defense systems. Network segmentation evolves as the main strategy in defending systems, allowing businesses to restrict access, reducing any damage, and damaging sensitive data. To secure the network completely, the firms should pair segmentation with proper vendor security assessments to ensure that every connected third party meets the strict security standards.

Overview of Network Segmentation 

Importantly, network segmentation includes the process of segmenting or dividing a network into varied sections based on the amount of protection they warrant. It safeguards the details while helping you check them out better. Whenever you aim to connect several devices to identical networks, they have insights into the network traffic across a different setup of devices. The appropriate mode of segmentation of your network is important to increase data security.

You often isolate the varied portions of the computer network from one another across network segmentation. The idea here relies on whether a criminal hacker is penetrating a low-level network as they will not use the access to attain entry into the highly valuable network, including the database holding the payment details of the customers. Whenever you are segmenting the networks, it seamlessly protects them with the application of the right security levels.

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How Network Segmentation Helps Prevent Cyber Threats

Network segmentation is a vital defense strategy that assists companies in containing and controlling possible cyber threats. Segmenting the network into smaller, secure sections helps companies safeguard key data while limiting the spread of attacks throughout the systems.

Reducing Access to Sensitive Data

Network segmentation often creates barriers limiting unauthorized access to critical information. Whenever a network gets segmented into sections, the devices and the users under one section need access to the resources in another with the need for proper permissions. Specifically it remains worthy while dealing with the third party vendors and suppliers. Vendor security assessments allow businesses to identify the vendors who need access to the distinctive sections. Isolating the key data helps companies notably minimize the scope for third-party data breaches that lead to a massive range of data leaks.

Minimizing the Spread of Malware & Ransomware

Malware and ransomware attacks often depend on the lateral movement throughout the networked systems reaching the key data. The segmented networks help in stopping the spread of threats while the attackers get restricted to the impacted section. Companies often depend on vendor-based services that are mainly at risk of spreading malware as the single most compromised vendor, creating the right pathways for the malicious software to penetrate the whole network. Performing complete vendor security analysis and isolating the vendors under the segmented zones can help prevent ransomware and malware from reaching vital systems.

Increasing Control Over Network Traffic

Reportedly, the average cost of data breaches in 2024 reached about $4.88 million, a 10% increase over the previous year and the highest total. Network segmentation enables companies to monitor and control traffic between the sections accurately. This additional mode of visibility allows rapid detection of any unusual activities like major data transfers as well as unauthorized attempts of access. The better control enables the firms to apply varied security protocols on the basis of every risk profile of the segments as they get determined through vendor security assessments. For example, a segment with important assets is often implied with strict security protocols as compared to the less vital network areas.

Enhanced Compliance and Regulatory Standards

Different regulatory frameworks, such as HIPAA, GDPR, and PCI-DSS, mandate the proper security of key information. Network segmentation assists businesses in complying with the standards to ensure that critical data is stored and accessed in secure zones. Vendor security assessments often contribute to compliance efforts that confirm that third-party partners are adhering to the required regulations, reducing the risk of fine impositions and penalties arising out of non-compliance.

Streamlining Incident Response and Recovery

During the cyberattack instances, any unsegmented network often complicates the incident responses and the efforts of recovery. Network segmentation helps the companies rapidly isolate the impacted areas, containing the threat and minimizing the downtime. The appropriate measures taken for vendor security assessments add another layer of preparedness that aids the companies to stay informed about the possible risks often linked to every vendor. The knowledge assists in focusing more on implementing incident response actions to ensure the greater risk segments are initially addressed.

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Best Practices for Implementing Network Segmentation

Establishing a segmented network needs well-strategic planning and continuous monitoring. The following are a few of the main steps involved in achieving the appropriately structured secure segmented network:

Identify and Classify Network Assets

It would be best if you initiated by mapping out the assets under the network, including the devices, servers, data repositories, and applications. Ensure the classification of the assets on the basis of operational importance, sensitivity, and regulatory needs. The network assets, including an inventory, aid in determining the type of resources that are required to stay isolated under the top-security segments. Vendor security assessments offer greater insights with the identification of the third parties that need access to such assets to help in an accurate level of segmentation.

Create Access Controls and Permissions

For every segment, it is important to establish stringent access controls well-tailored to meet the risk profile of the segments. Try to implement role-based access control, ensuring that access to the distinctive segments is allowed to the authorized personnel and vendors. The companies would often prevent unauthorized users from entering into the main segments by restricting the permission of access. Implementing the right measures for vendor security assessment results in the procedure enabling the firms to adjust the access controls on the basis of the security exposure of every vendor.

Deploy Firewalls and Intrusion Detection Systems

Network segmentation is more than just dividing resources. It is often like safeguarding the boundaries between them. Intrusion Detection Systems (IDS) and Firewalls are critical tools for monitoring traffic across the different segment borders, detecting and blocking any attempts to unauthorized access. Try conducting routine vendor security assessments to identify the vendors who require secure connections throughout different segments to ensure that the IDS configurations and firewall guidelines reflect such requirements.

Implement Continuous Monitoring and Auditing

Network segmentation often requires continuous vigilance to stay effective. Implementing constant monitoring can help detect any enhanced security protocols. Vendor security assessments are critical to this procedure as they allow firms to verify that vendors are following the right security standards to minimize the possible risks under the network segments.

Educate Employees and Vendors on Segmentation Protocols

A segmented network will help in offering protection along with the people who are operating in it. Offering training to the employees and the third-party vendors focuses on the importance of security protocols and network segmentation. Vendor security assessments enable businesses to track the vendors following the necessary training requirements to ensure that every stakeholder is clear about their roles in maintaining better network security.

Conclusion

Network segmentation stands as the critical element of the company’s defense-in-depth strategies that act as the bulwark against the growing number of cyber threats. Although it is never a cure-all to meet security woes, its role in containment, performance enhancement, and compliance makes it an important tool across the entire arsenal of cybersecurity. The firms often weigh the costs against the considerable perks while adopting strategic and well-informed approaches to network segmentation. The implementation of a successful approach to network segmentation needs careful planning, effective management, and key foresight.

Author Bio

Nagaraj Kuppuswamy

Nagaraj Kuppuswamy is the Co-founder and CEO of Beaconer, an esteemed enterprise specializing in managed third-party risk using the cloud native AI based solution. With an extensive portfolio of accolades and industry certifications, Nagaraj stands out as a seasoned expert, boasting over 16 years of dedicated involvement in the field of Cybersecurity. Throughout the course of their career, he has predominantly focused on elevating the realm of third-party risk assessment.

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