Cybersecurity is one of the main concerns for most businesses, and for a good reason. Companies of all sizes, from small mom-and-pop businesses to large corporations like eBay, are facing cyber attacks. Each year, cybercriminals become more and more innovative when it comes to the types of cyber attacks they launch against organizations. Here are three types of cyber security solutions your business must have to protect against cyber attacks.
The first type of cyber security solution your business should have is perimeter security. This type of solution serves as a barrier between the Internet and your network. Mobile devices, cloud technologies, and web services provide a significant number of new opportunities for organizations. However, these technologies also add to the number of solutions and services that need to be kept secure. If there is a vast web of connections, it can be easy for just one malware to invade and spread throughout the entire network. To deal with such threats, you need to establish a perimeter security framework that will guard access to vital data, applications, and services.
Some examples of perimeter security solutions include the following:
Firewalls refer to a set of protocols that dictate what can and cannot enter your network. A firewall works by monitoring outgoing and incoming traffic. Firewalls scan where payloads are coming from and determine whether these sources are trusted. Firewalls are typically used to prevent Trojans and other malware from entering a network. However, firewalls can also be used to prevent employees from sending sensitive data outside your network.
The main disadvantage of firewalls is that they can be circumvented if hackers send payloads that are trusted to avoid detection. Therefore, you should use an Intrusion Prevention System (IPS) along with your firewall. An IPS is a solution that is intended to identify malicious network activity. IPSs use “anomaly-based detection” to look for patterns in data, applications, IP addresses, and network packets that may suggest an intrusion. An IPS are able to identify intrusions even if they come from a trusted source. The IPS is a useful solution for identifying hackers who make changes to already existing malware to avoid detection. IPS kill, or quarantine identified malicious payloads to prevent the spread of malware through your system.
Some research studies indicate that as much as 91 percent of cyberattacks begin with a phishing attack, which is often sent through email. The hacker sends an offer or requests to encourage users to click on the links, which are full of malware. Spam solutions work by flagging emails and blocking ads to make sure employees don’t have to see threatening or annoying emails. Some spam solutions come with a “safe browsing” feature that checks the destination of an URL to ensure that it is safe.
Another type of cyber security solution is an Intranet security solution. An important of cybersecurity is protecting individuals devices and computers from malware that has managed to infiltrate your local network. The most common strategies for Intranet security include the following:
Many computer users mistakenly believe that the only treats they need to consider are innovative hackers and malware attacks. A side effect of this is that many companies pour all their resources into intranet security and perimeter security, only to ignore human security. IBM conducted a study in 2016 and found that 23 percent of all security breaches are caused by human mistakes, such as having weak passwords, connecting to networks that are unsecured, and answering spam emails. If trusted individuals in your organization perform these actions, spam blockers, firewalls, and anti-malware software become useless.
Here are a few tips that will help you ramp up human security within your organization.
You should offer comprehensive security awareness training to your employees so that they are equipped with the skills to protect themselves and your organization from a variety of threats. You can hold training seminars in-house, or you can get support from a third-party to train your employees.
Your employees should learn about the different types of malware, such as worms, ransomware, and Trojan horses. Teach your employees about the capabilities of each form of malware so that they know the warning signs if their device becomes infected.
Establish a strong password policy. Teach your employees about the importance of a strong password and inform them of proper techniques for setting good passwords. Not only is it right to use complicated passwords with symbols, numbers, and uppercase and lowercase letters, but it’s also important that the password is lengthy. You should also have your employees use different passwords for different applications. That way, if a hacker is able to get a hold of a password, they are still not able to access all of the applications within your network.
Not only do you want to train your employee, but you also want to conduct security testing to ensure your employees have learned all the information you want them to know. Security testing is excellent for reinforcing the security practices you want your employees to adopt. According to some studies, security testing has helped some companies reduce susceptibility to threats by up to 20 percent. There are many different software solutions out there that you can use to test your employees. For example, some solutions send fake spam emails to employees. If employees fall for the spam emails, the solution corrects the actions of the employee and tells them what they should do in the future.
For more information about the types of cybersecurity solutions that your business should have, don’t hesitate to contact us.
40% of businesses will incorporate the anywhere operations model to accommodate the physical and digital experiences of both customers and employees (Techvera).
It takes an average of 287 days for security teams to identify and contain a data breach, according to the “Cost of a Data Breach 2021” report released by IBM and Ponemon Institute.
The cost of cybercrime is predicted to hit $10.5 trillion by 2025, according to the latest version of the Cisco/Cybersecurity Ventures “2022 Cybersecurity Almanac.”.
Forty-three percent of attacks are aimed at SMBs, but only 14% are prepared to defend themselves (Accenture).
The average cost of a data breach in the United States is $8.64 million, which is the highest in the world, while the most expensive sector for data breach costs is the healthcare industry, with an average of $7.13 million (IBM).
The internal team was energized. With the Level 1 work off its plate, the team turned its attention to the work that fueled company growth and gave them job satisfaction.
More than 33 billion records will be stolen by cybercriminals by 2023, an increase of 175% from 2018.
The three sectors with the biggest spending on cybersecurity are banking, manufacturing, and the central/federal government, accounting for 30% of overall spending (IDC).
We did a proof of concept that met every requirement that our customer might have. In fact, we saw a substantial improvement.
We did everything that we needed to do, financially speaking. We got our invoices out to customers, we deposited checks, all the things we needed to do to keep our business running, and our customers had no idea about the tragedy. It didn’t impact them at all.
“We believe our success is due to the strength of our team, the breadth of our services, our flexibility in responding to clients, and our focus on strategic support.”