Avoiding cybersecurity threats

Avoiding cybersecurity threats

Cyber threats continue to grow. Even with people returning to the office, the rapid demand for us all to be present online has also led to a dangerous surge in cyberattacks, data breaches and fraudulent activity targeting individuals and businesses.

According to McAfee Enterprise, during the pandemic, 81% of global organizations experienced increased cybersecurity threats and 79% experienced downtime as a result of a cybersecurity incident. Preparation is key.

Training

One of the most common ways cyber criminals get access to your data is through your employees. They’ll send fraudulent emails impersonating someone in your organisation and will either ask for personal details or for access to certain files. Links often seem legitimate to an untrained eye and it’s easy to fall into the trap. This is why employee awareness is vital.

One of the most efficient ways to protect against cyber attacks and all types of data breaches is to train your employees on cyber attack prevention and inform them of current cyber attacks.

Keep your systems up to date

Often cyber attacks happen because your systems or software aren’t fully up to date, leaving weaknesses. Hackers exploit these weaknesses so cybercriminals exploit these weaknesses to gain access to your network. Once they are in – it’s often too late to take preventative action.

Control access to your system

It’s essential to control who has access to your computers. Having a perimeter security system installed is a very good way to stop cybercrime as much as break ins.

Access Management

Having managed admin rights and blocking your staff installing or even accessing certain data on your network is beneficial to your security.

Passwords

Having different passwords setup for every application you use is a real benefit to your security, and changing them often will maintain a high level of protection against external and internal threats.

 

Summary

Preventing a cyberattack is crucial for your business’s survival. It takes a lot of time, money, and effort to recover from a cyberattack, and you’ll need to work with the relevant authorities(opens in new tab) to resolve the issue and set up new systems to thwart future threats.

The business will suffer reputational damage if it loses customer data or fails to alert them early about a breach. Companies that rely on your business for their operations will also be hurt in the process.

 

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Are your Security Risk Assessments Growing?

Are your Security Risk Assessments Growing?

Security risk assessments are an important tool in your organization’s arsenal against cyber threats. They shine a spotlight on areas of risk in your digital ecosystem, inform and prioritize mitigation strategies, and ensure hard-earned resources are allocated where they’re needed most. Assessments can also help you evaluate your third parties to mitigate the very real possibility that they’ll introduce unwanted risk into your organization.

Evaluating security risk is important for all companies. Most businesses carry sensitive information, ranging from employee data to customer details, this can be vital information to keep private. By evaluating this risk, this helps prevent data loss, confidentiality for all parties involved and the protection of assets for the company.

To properly conduct an internal or vendor security risk assessment, you need to combine automation with data-driven tools that provide a continuous, accurate picture of cybersecurity risk both internally and across your third-party ecosystem.

What is Security Risk Assessment?

When looking at the assessment of security, this is done by looking at all the risks that certain applications, technologies, and processes that the company has integrated into their system. By knowing about these systems, companies are able to assess the risk that goes along with them and use that to their advantage when seeking information about the security.

By maintaining a level of security, this helps keep employee, business, customer, and partner information safe and to avoid any risk of cyber-attacks or data loss.

 

Despite the best efforts of your security teams, risk remediation and mitigation are often hampered by an incomplete view of security performance. Many organizations don’t have a clear picture of what systems, devices, and users are on their networks at any time and do not have a way to efficiently identify, measure, and continuously monitor their risk profiles.

The problem is compounded by digital transformation. As your organization’s digital footprint grows, identifying vulnerable systems and assets – on-premises, in the cloud, and across business units, geographies, remote locations, and third parties – isn’t easy.

Security Risk Assessment Tools 

Security Risk Assessment Tools can range from physical security and ways to protect data servers on-site or digital tools such as network or server protection. This can relate to firewalls, anti-virus programs, or back up processes that help protect data in the case that they are compromised.

 

See how Soffid can help you stay ahead of the curve in a rapidly evolving digital world. Share your requirements and a representative will follow up to discuss how Soffid can help secure your organization.

 

Sources:

(1) techfunnel.com
(2) IT Security