Threats to your business data can be really damaging if you are not careful. But they are completely avoidable when you have the right safeguards in place. If you are wanting to ensure that you can conduct business without a lot of issues along the way, then investing in the right methods will help.
There are a lot of things that you should consider when it comes to keeping your business data secure. Some of the steps to consider include:
Hackers and their tactics are always developing. With the evolving cybersecurity environment, hackers have been pushed to devise different cyber strike techniques. As a result, cybersecurity issues are now more common and sophisticated than they were years ago.
Security On The Digital Battlefield
When hackers utilize advanced tools to cause chaos on your app, you must respond and take appropriate action. App creators and users need a method for ensuring the effectiveness of their security in the digital battlefield. Here’s where security testing comes in.
Security testing is the strategy of guaranteeing the defense of an application. Penetration testing is just a component of this procedure. Security testing spans throughout the app development process, from design to testing the end product. This procedure includes the following:
- Assessment of risks
- Vulnerability scanning
- Review and control of the code
- Stress Testing
- Penetration Testing
Data security has always been a priority number one for business entities, and this question is topical in modern realities. The COVID-19 pandemic forced employees to turn to remote work, making inroads for cyber attacks. That’s why measures on data protection are necessary for every organization. Today, we do not imagine our lives without online Zoom, Skype, and Microsoft meetings that are very often held using a screen recorder or instant messages. It was reported that as of November 2020, Zoom has 300 million active participants per day.
Most companies have unprotected data and poor cybersecurity practices, and recent research says in 2020, the average cost of a data breach was $3.86 million. You can avoid losses caused by unprotected data by chasing the right protection measures. Most data breaches are related to human error and their unawareness of basic security rules. In this article, you will find practical tips to keep your data safe.
The internet has grown in leaps and bounds over the past decade. It now allows us to connect with family and friends, shop conveniently and even play casino games online. Today, as per example, it is easy to search on Google a secure online casino in Ireland and find vendors that let you play games and bet on sports while at home.
However, with these positives, still there are some negatives. Submitting your personal data when shopping or playing online can be dangerous especially if hackers get access to this data. The following simple tips will help you to ward off any cybersecurity threats when online.
1. Get an Anti-Virus & Firewall
One of the most effective ways of boosting your cybersecurity is by using Anti-virus protection software. An Anti-virus will help in fighting malicious attacks and blocking malware and other viruses from getting to your device to compromise your data. However, always procure and use such software from reputable vendors.
According to recent reports, cyberattacks are occurring every 39 seconds in the US. Sounds impressive, doesn’t it? What’s more, one attack can harm millions of people. For example, when Atlanta was attacked using ransomware called SamSam, the city was offline for five days, which halted several significant citywide operations. As a result, the amount of recovery cost reached $17 million.
Cyberattacks can also happen on a global scale with hackers breaching big government organizations. The National Cyber Security Center warns everyone that Russia is exploiting network infrastructure devices to lay the groundwork for future attacks on infrastructure like power stations and energy grids.
There has been more than enough to worry about for the small business owner in the last 12 months. The checklist of things that have changed overnight probably covers every aspect of their business, foremost amongst them possibly that their entire workforce could now be working remotely.
While getting a company through the last 12 months could be considered achievement enough on its own, there are some more challenges to be faced by the small business owner if that survival is going to continue. Two things stand out as needing immediate attention, both of them requiring an upgrade to IT services.
Firstly the attraction of new customers in the current crisis and secondly the increased need for an effective cybersecurity strategy to combat the rise in cybercrime since the pandemic began.
According to the Small Business Administration’s Office of Advocacy, there are 30.2 million small businesses in the United States, making up 99.9% of all businesses in the country. Due to such a sizeable representative percentage, any discussion about cybersecurity statistics should focus on small businesses.
While the SBA defines small businesses as any business with less than 500 employees, most have far fewer, making them soft targets for cybercriminals. For small businesses, fewer resources mean they should approach cybersecurity in a much different way to larger enterprises, using more innovative and more agile protection methods.
Small Businesses Cybersecurity Plan
A small business cybersecurity plan outlines the steps and measures to secure a business from attacks like malware, phishing, and ransomware. While most small businesses may not see the need to document such a plan, it is critical to ensure compliance across the company.
The evolution of technologies and Internet connectivity has ushered in a new revolution where data transfer has become faster than ever before.
On the other hand, this has also resulted in increased data threats to organizations, with rising incidences of data breaches being reported on a massive scale. Apart from the financial implications, these cyber-attacks lead to loss of business reputation for companies, negatively impacting their revenue and trust among customers.
Thus, online enterprises need to step up their security measures to ensure more excellent safety and transparency by following appropriate cybersecurity tips suitable to their business.
How may cybersecurity awareness be used to protect your organization?
Employees are one of the most significant assets for every organization, especially when it comes to protecting the privacy and security of your online data and business information. Thus, they need to be educated regarding the pros and cons of sharing sensitive data with external customers and third-party users.
2020 has initiated a sea change into the way organisations of all shapes and sizes approaches business. The new normal is here to stay for a while even after the pandemic subsides and remote and anywhere operations will remain the new norm for companies across the world. To meet the new needs of remote consumers and clients, companies have tried their very best to leverage technological assets for seamless delivery of products and services.
However, security has remained a concern as data breaches have raised dramatically with 36 billion records exposed just in the first half of 2020. If there is a New Year’s resolution going forward for businesses, it should one of building resilience and a secure environment for our partners, customers, employees and the extended network. Keeping and building on their trust has never been more important than at this particular juncture in history.
Understanding is the first step to combating Phishing: Types, Methodology & Prevention Tips
According to the 2019 Data Breach Investigations Report (DBIR) by Verizon, phishing is the leading cause of data breaches. The data also shows us that phishing is also widely utilized for cyber espionage with more than three-quarters of all known incidents involving phishing.
The statistics are also resonated by IBM’s findings in the 2019 Cost of a Data Breach report, where fifty-one per cent of incidents in all surveyed organizations involved malicious attacks with “malware infections, criminal insiders, phishing/social engineering and SQL injection.”
Clearly, phishing continues to dominate as the one of the most persistent and highly effective tools of cyber-attacks. In this article, we will take an in-depth look at what phishing is, types of phishing and how to protect your business from these types of attacks.