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In a rapidly evolving business, cyber security emerged as the Top on the list of concerns. As more businesses are moving their services and data online, they are putting themselves at risk for cyber-attacks.
At the frontline of this digital war against cybercrime, organizations must create resistance by implementing cyber security measures and best cyber security practices. The organization needs to take measures to prevent cybercrime.
Cyber-attacks are leading to compromise systems, accesses, and data from where the attackers can leverage critical assets to take advantage either with respect to monetary benefit, grudges, or political influences ranging from stolen credit card or bank account information, identity theft, phishing, ransomware, etc.
Robust cyber security measures, policies, and procedures developed by Individuals with top Cyber Security certifications can save the organization from monetary loss. Effective cyber-security processes not only safeguard the company's critical assets company but also create a shield from reputational risk. The question often arises in every forum, "how to prevent cyber-attacks," and honestly, it is not too tough. Rather, if any Organization follows the common cyber security protocol, the incident will be much lesser.
Cyber Security is a preparation of defending critical systems and Personally Identifiable Information (PII) or Sensitive Personally Identifiable Information (SPII) from cyber-attack.
In 2021, data breach means cost increased by 2.6% from USD 4.24 million in 2021 to USD 4.35 million in 2022. The average cost has increased by 12.7% from USD 3.86 million in the 2020 report.
These charges include the costs of finding and addressing the breach, the price of downtime and lost revenue, and the long-term reputational harm to a company and its brand.
Security system complexity, created by incongruent technologies and a lack of in-house skills, can magnify these costs. But organizations with a broad cybersecurity strategy, administered by best practices, Ethical Hacking training to individuals, and automated using advanced analytics, artificial intelligence (AI), and machine learning (ML), can fight cyber threats more efficiently and reduce the lifecycle and impact of breaches when they arise.
Cyber Security is imperative as digital assets are susceptible. With so much dependency on online transactions starting from ordering groceries and other items to accessing bank accounts and using credit cards for various activities, 75% of people nowadays are vulnerable to cyber-attacks.
Big organizations with ample amounts of valuable data are not the lone targets in the cyber world, and security breaches happen to small and medium enterprises as well as to normal individuals. Cyber security is equally important to everybody, as anyone can be a target.
Enterprises nowadays developed protocols and segregate best cyber security practices for cyber security measures essentially into two different categories:
Cybercrime is constructed around the well-organized exploitation of weaknesses, and the cyber security teams are always a hindrance because they must protect all possible entrances while an attacker only needs to discover and exploit one weakness or vulnerability. As described earlier, some of the common best cyber security practices for cyber security and cyber-attack prevention measures are as follows:
Removal of or disabling of redundant functionality from systems and rapidly fixing known weaknesses or vulnerabilities through patching.
Decrease the chances of existing systems and technologies being attacked by developing and implementing simple policies and appropriate architectural and technical responses.
Malicious Software or malware is an umbrella term to cover any code or content that could have a malicious, adverse impact on systems. Any altercation of information carries with it a degree of risk that malware might be substituted. This could seriously impact the organization's systems and services. The risk may be reduced by developing and implementing appropriate anti-malware tools.
All users should be provided with an appropriate level of system privileges and rights as per their roles and responsibilities. The granting of privileged access should be carefully measured and managed. A periodical user access review should be in the scope of the IT Audit.
All digital assets should be hardened from all possible data loss and credential theft. An IT Policy to control all access to removable media, limiting media types and their usage. A periodical scan and access log review for all media before importing data onto the systems.
The prime importance of a VPN is that it hides IP addresses which essentially restricts attackers from performing a DDoS attack. VPN encrypts web traffic by creating a tunnel between the computer and the network, which hides activities from the Internet Service Provider (ISP).
Users have a vital role to play in their organization's security posture. It is an essential measure to educate employees with respect to cyber threats and data leakage to ensure employees can do their job as well as help to keep the organization secure.
Every organization should follow best cyber security practices for cyber security control measures to maintain cyber hygiene and protect from emerging cyber-attacks. The following 10 best cyber security practices can help the organization secure their systems and data:
Cybercrime is now an industry that produces over USD 1 trillion in revenue for cybercrime and criminals. Hackers are nowadays not only after bank accounts. They are targeting medium and small enterprises to damage systems, stealing data and proprietary information using malware. Organizations are currently taking effective steps to defend their assets from cyber-attacks and hence taking cyber security preventive measures. Some of the essential tips for cyber safety and best practices for cyber security control measures are described below:
All passwords (e.g., email, web, desktop computer, laptop, mobile device, etc.) should be accommodated with strong passwords. In general, a password's strength will increase with the length, complexity, and frequency of changes. Bigger risks require a delicate level of protection. Tougher passwords amplified with alternate cyber security control measures such as Multi-Factor Authentication (MFA) should be used in every device. All passwords must meet the subsequent guidelines to ensure information security controls are in place:
To prevent known vulnerabilities from being exploited, software and applications must be kept up to date. This fundamentally means installing patches released by the software developers to close security bugs found in their products. Essentially patching refers to updating the software and applications to address old vulnerabilities with respect to cyber security threats and preventive measures. Cybercrime is a dynamic field, with offenders repeatedly coming up with new ways to penetrate systems. Therefore, cybersecurity must also be a continuous effort, hence the importance of updating software.
Antivirus software is a program or set of programs that are intended to prevent, search for, detect, and remove viruses and other malicious software like worms, trojans, spyware, and more. Viruses and Malware can be programmed to cause damage to your device, prevent a user from accessing data, or take control of your computer. Antivirus software is designed to perform some essential functions, such as:
Multi-Factor Authentication (MFA) is an encrusted approach protecting data and applications where a system needs a user to present a combination of two or more credentials to confirm a user's identity for login. MFA increases safety because even if one credential becomes compromised, unauthorized users will be incapable of encountering the second verification requirement and cannot access the targeted physical space, computing device, network, or database.
Access control is a data and systems security process that permits Organizations to accomplish who is authorized to access corporate systems, data, and resources. Secure access control uses policies that verify users are who they claim to be and ensures appropriate control access levels are granted to users. At a high level, access control is about restricting access to a resource. Any access control system, whether physical or logical, has five (5) main components:
An organization's security policy is used to monitor and filter incoming and outgoing network traffic through a firewall, which is a network security device. Basically, a firewall is fundamentally the barricade that sits between an internal network and the public Internet. The main purpose of a firewall is to allow non-threatening traffic in and to keep unsafe traffic out.
Security software is a necessity for the cyber security and privacy of a business or individual. Security software monitors and prevents threats and safeguards Organizations from damage. Cybersecurity Software can be categorized into different types as mentioned below:
Software updates include repairing security holes that have been exposed and fixing or removing computer bugs. Updates can add new features to devices and remove outdated ones. Regular software updates help to patch security flaws. It also helps to protect data from malicious agents.
Phishing is a cybercrime that influences deceptive emails, websites, and text messages to steal confidential personal information. Victims are deceived into giving up personal information such as their phone number, mailing address, credit card data, banking information, KYC details etc. This information is then used by offenders to steal the victim's identity and commit further crimes using this stolen identity, such as Stealing bank transaction passwords from users or Stealing login credentials from users. Fundamentally, there are 4 types of phishing which are categorized below:
Personal Identifiable Information (PII) and Sensitive PII is any information that permits the identity of an individual to be directly or indirectly inferred, including any information which is linked or linkable to an individual. Some PII is not sensitive, such as that found on a business card. Other PII, which is sensitive in nature and, if misplaced, compromised, or revealed without authorization, could result in considerable harm, discomfiture, inconvenience, or unfairness to an individual.
An Intrusion Detection System (IDS) is a monitoring system that detects suspicious activities and generates alerts when they are detected. Based on these alerts, a Security Operations Centre (SOC) analyst or incident responder can investigate the issue and take the appropriate actions to remediate the threat. Intrusion Detection Systems are designed to be deployed in different environments. An IDS can either be Host-Based or Network-Based.
The biggest threat to public Wi-Fi is the ability of the hacker to position himself between you and the connection point. So instead of talking directly with the hotspot, the user sends their information to the hacker, who then relays it. While working in this setup, the hacker has access to every piece of information that sending out on the Internet, such as important emails, credit card information, and even security credentials to any business network. Once the hacker has that information, he can access the target system and perform malicious activities. Hence, it is a risky affair to use free public Wi-Fi anywhere. Instead, public Wi-Fi can be used if and only if it's encrypted and has a Multi-Factor Authentication (MFA) protocol. Else, it is suggested to refrain from using the same.
Cyber Security awareness implies empowering people connected to the business to perform their role in protecting the organization from potential security threats. By creating a cyber security awareness culture, organizations can ensure that their employees and vendors are conscious of cyber threats. Cyber Security awareness implies empowering people connected to the business to perform their role in protecting Organization from potential security threats. By creating a cyber security awareness culture, Organizations can ensure that their employees and vendors are conscious of cyber threats.
With growing cybercrimes in this digital era, it is important to protect Online Accounts and Credit Reports from various Credit Rating Companies. An individual's online Accounts and Credit Reports carry Personal Identifiable Information (PII), which cybercriminals can use for various cybercrime like phishing scams. Hence, account holders must lock their Credit Reports with Personal Identification No. (PIN) to protect data from perpetrators like phishing scams, hence, account holders must lock their Credit Reports with Personal Identification No. (PIN) to protect data from perpetrators.
The objective of the backup is to make a copy of data that can be recovered on the occasion of a primary data failure. Primary data fiascos can be the result of hardware or software disasters, data corruption, or a human-induced event, such as a malicious attack (virus or malware) or accidental removal of data. To help the company in recovering from an unplanned incident, backup copies allow data to be restored to an earlier time point. Storing the copy of the data on the detached medium is critical to defending against prime data loss or exploitation.
Below are the Top and most common reasons for Cyber Security breaches identified across this digital world:
Professionals can earn KnowledgeHut of top Cyber Security certifications and deploy effective strategies to safeguard Organizations from unknown cyber-attacks.
Cyber Security is a never-ending battle. Threats will evolve as adversaries adopt new tools and techniques to compromise security. Cyber Security is, therefore, an ongoing process that needs to evolve as new threats are identified.
Organizations are finding themselves under the pressure of being forced to react quickly to the dynamically increasing number of cybersecurity threats. Since the attackers have been using an attack life cycle. The security of Systems, Networks, and Data is interdependent. In view of that, to protect against cybercrime and take measures to prevent cybercrime, cyber security measures are needed that are designed to protect data and user privacy. Hence, organizations should design a vulnerability management life cycle in the quickest and most effective way.
Cybersecurity controls are mechanisms used to prevent, detect and mitigate cyber threats and attacks. These cyber security measures include firewalls, multifactor authentication, access control mechanism, encryption etc.
Cybersecurity is important because it protects systems, applications, and all categories of data from theft and damage. This includes applications implemented within Organizations, sensitive, identifiable information (SPII), and Industry Information Systems. Without a cyber security program, the organization cannot defend itself against Cyber Attacks and Data Breaches which makes it an irresistible target for cybercrime and criminals.
AWS is the oldest and most mature major cloud provider. The biggest advantage of AWS is that it has most core security features, from robust API activity monitoring to basic threat intel (Guard Duty), Web Application Firewall (WAF), DLP (Macie), Vulnerability Assessment (Inspector), and Security Event Triggers for automation. Two of the best AWS security features are their excellent implementation of security groups (firewalls) and granular IAM.
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