The Endpoint security solution is the fastest-growing category in cybersecurity, no doubt as a response to growing threats.
From all the categories in the cybersecurity world, one stands out in terms of sales volume and growth.
The Endpoint security products (also known as EPP- Endpoint security platforms) are designed to secure laptops, desktops, servers from malware. The rapid growth in this particular product category has several reasons. The first is the rise in attacks against endpoints, which is driven by financial motives. Ransomware attacks (which are targeting endpoints) have doubled in the last 12 months. When an organization is under attack, the most vulnerable assets are usually the endpoints, which host all the data and provide the attackers with access to other endpoints and servers, which they then use to identify data and encrypt it.
“I’ve read that my web hosting provider’s website that they have a good security solution in place to protect me against hackers.”
This is a pretty common answer that a lot of bloggers and small business owners gave me when I ask them if they know about how secure their web hosting is. Also, they often add that their budgets are pretty tight so they’ve chosen to go with “an affordable provider.” By “affordable,” of course, they mean ‘ridiculously cheap.”
Come on, people.
Do you really think that a cheap web hosting has everything in place to stop a website attack? Do you think that they will protect you from all types of hacker attacks?
While I don’t know everything about how web hosting providers choose security solutions, I can tell you with some confidence that a lot of them have laughable solutions.
Industrial espionage is a much more common occurrence than many people realize. As a business grows and begins to compete at a higher level, the stakes grow and their corporate secrets become more valuable. It isn’t just other businesses that might want this information, hackers who think they can sell the information will also be sniffing about.
Even if you can’t eliminate the risk entirely, there are certain things you can do to reduce the risk of a security breach in your business.
Some businesses – usually those that have never experienced any kind of major IT incident – think of cybercrime as an inconvenience. They may believe that if their company is hacked it will cause some disruption and perhaps an embarrassing news story, but that ultimately the breach will have only a minor effect.
However, the truth is that cybercrime can have a huge range of unexpected consequences. Here we take a lot of the real impact of a breach – cybercrime might affect you a lot more than you think.
Cybersecurity is the process of protecting and defending an enterprise’s use of cyberspace by detecting, preventing and responding to any of the malicious attacks like disabling, disrupting, injecting malware, or anything thing else aimed to harm the organization.
At its center, cybersecurity defends your organization from vicious and threat attacks aimed to disrupt and steal information from your organization. Cybersecurity risks are similar to financial and reputational risks as it could directly affect the organization’s growth, driving the costs up and adversely affecting the revenue.
If you’re a part of an organization, and especially, if your workplace stocks sensitive information of individuals or clients involved, then this is an ideal time to educate yourself regarding cybersecurity and ways to safeguard your organization against cyber attacks and threats with the help of professionals who hold cybersecurity certifications.
Businesses need to take their cyber security seriously. There are huge financial implications for being hacked, not just from the perspective of lost revenue and weakened reputation, but also in the form of stricter regulations from laws such as the General Data Protection Regulation (GDPR). However, there are a number of myths about cyber security that make it difficult for companies to know what the best course of action is. Here are four myths about cyber security that are still affecting British businesses.
Myth #1: Cyber security is purely dealt with by the IT department
One commonly held myth that can actually put businesses at risk is the idea that cyber security is something that the IT department (and only the IT department needs to be concerned about). Of course, it is necessary to provide your IT team with the budget and resources to defend your business against the risk of a cyber-attack.
Amazon Web Services (AWS) offers a huge variety of benefits for businesses, and organisations are increasingly opting for cloud solutions for their data, website, and applications. However, there are still some businesses using AWS that have not put the proper cyber security controls in place. Here we take a look at ten great tips to improve your AWS cyber security.
- Understand your responsibilities
When you work with any kind of web services provider you need to understand what you are responsible for and what will be managed by the provider. This is absolutely true in terms of AWS – where Amazon runs its so-called ‘shared responsibility model’. In this model AWS is responsible for protecting the infrastructure of the AWS cloud system including hardware, software, and networking.
On the other hand, you as the customer is responsible for customer data, identity and access management, firewall and anti-virus configuration, and issues such as data encryption. It can sometimes be necessary to work with outside agencies to manage your own cyber security.
To stay secure many businesses regularly test their systems to identify vulnerabilities. Penetration testing is one of the most common types of cyber security assessment but in recent years a growing number of businesses have also turned to ‘bug bounty’ programmes to supplement their testing programmes.
Penetration testing (often referred to as pen testing) is a well-known and established form of assessment, typically carried out by a company that specialises in ethical hacking. (Covered here in great detail by Redscan’s extensive glossary). Bug bounty programmes, however, are a more recent offering, viewed by many as a complement to penetration testing, helping to widen the scope of security testing on platforms that are already well-secured against attacks.
Many large organisations run their own on bug bounty programmes, including Google, Facebook and Microsoft (which paid out millions in bounties in 2018). Even the EU has begun funding programmes.
Cybercrime affecting businesses has become so widespread that IT and network security professionals are always thinking about that next breach and the costs of recovering from it. This increased risk has also raised the demand for better virtual defenses to prevent the loss of sensitive organizational data such as personal consumer details and internal communications.
There is a substantial need for cybersecurity training. It’s something that many businesses are interested in, but implementing the right system isn’t easy. Physical labs are expensive, require significant time and resources, and aligning everyone’s schedules is often impossible.
Virtual labs are a great way for you to provide your customers and partners with access to the latest cybersecurity product demos and training. These labs are accessible from anywhere, customers can engage with them on their terms, they cost less, and increase the overall quality of the training.
If you don’t do your utmost best to ensure that your online store is safe to use, you could end up putting your customers in real danger. From their finances being stolen to their personal data being hacked into, any kind of trouble could befall your site’s users if you do not take cyber security seriously. Make sure, then, that you take it seriously!
When it comes to improving your online store’s cybersecurity measures, the following advice makes for essential reading.
Make your mobile payments safer
One of the most burgeoning e-commerce trends is mobile payment. As stated on Oberlo’s mobile shopping trends article, this is because this kind of transaction process prioritizes comfort, and it makes the buying process a whole lot simpler. You would be foolish not to grant your customers the opportunity to pay for things on your store via their mobile devices.
Allowing this kind of payment to take place does come with its fair share of drawbacks; however, the biggest one being that it isn’t always the safest form of transaction. This doesn’t mean that you can’t strengthen your mobile payment process, though. Some of the measures that you can and should put into place in this instance include:
- Only ever using a trusted payment platform
- Ensuring that your payment terminals are NFC-enabled
- Encrypting your network to ensure sensitive information cannot be sent through it
Switch to HTTPS
In this day and age, if you continue to stick with the HTTP protocol, your online store will be a sitting duck for cyber criminality. If you’re serious about safety, you must switch to HTTPS.
Created initially to safeguard the particularly sensitive elements of e-commerce sites, such as the payment process, HTTPS is now used to protect whole websites. By embracing this protocol, you will be able to be sure that your visitors’ data will remain safe at all conceivable points.
Protect your Admin Panel
Your Admin Panel is the aspect of your store that is least difficult for cybercriminals to crack. All it takes is for you to set a weak password, and hackers can have a field day when it comes to accessing all of the data you store in the backend of your site.
To protect your Admin Panel, you need to:
If they were to encounter trouble with a cybercriminal while using your online store, you can be sure that your customers will not give you a second chance. They will lose trust in you instantly, and more than likely never return to you again — and they’ll tell everybody that they know to avoid your website in the future, too, for good measure. If you don’t take cybersecurity seriously, you could also even find yourself in hot water with the authorities. The impact cyber criminality could have on your online store is something you should want to avoid at all costs, which is why you must put all of the above advice into practice as soon as possible.