As we develop and undertake new technology for our businesses every year, it seems like our security risks are as prevalent as ever. With every new platform or trend, there’s a new uncertainty. Many business owners and CEOs don’t realize these cyber-security threats exist and, as a result, don’t take the necessary precautions to limit breaches. Make sure you’re aware of these risks your business might face in 2019:
Over the last few years, cyber-criminals have relied on ransomware to target unsuspecting users and force them to follow their commands. The way that ransomware works is it locks users out of their accounts or computers and will only offer access if they comply with the ransomers’ demands, which could include paying a large sum of money. The problem is that either accepting or rejecting a cyber-criminal’s requested payment will result in detriments to your business. If you refuse to comply, your business could be jeopardized. If you accept and pay the ransom, you lose credibility and something valuable to your company. Either way, employees should be aware of this type of threat and avoid it at all costs.
Internet of Things (IoT)
Nowadays, there are a wide variety of devices in a business, and not all of them are monitored. IoT devices could pose a significant risk if businesses refuse to acknowledge and secure them. The number of devices will only increase, and most aren’t even categorized or tracked by the business. To put a stop to this, companies should set up a verifiable system of monitoring and create an inventory to stop breaches. As the number of endpoints continues to increase, businesses need to be more diligent in keeping an eye on every device present.
New Laws and Regulations
Last year, many rules and regulations were put in place to protect businesses and their employees from cyber threats. Instead of helping to decrease risks, cyber regulation enforcement could distract companies from what’s important. Businesses need to keep track of the new laws in 2019, but still focus on remaining proactive in defending themselves from threats. Finding an equilibrium between following regulations and building a strong security system is essential.
It’s difficult to understand, but one of the most common causes of cyber-security threats to a business is an employee. The problem is that employees don’t recognize the threat that they themselves pose. Every employee of a business affects cyber-security. It’s important to train your team and teach them the do’s and don’ts of your infrastructure and how to identify risks before they fall prey to them.
Every day in the news is another report on a security breach or password hack and, if you’re like most people, it makes you wonder just how good your passwords really are. Unfortunately, if you are like most people your passwords are not only easy for you to remember but easy for hackers to figure out too. So what can you do to make sure the baddies don’t get access to your sensitive information while still making the passwords easy to remember?
Any business using social media needs to create documentation that outlines and addresses how its employees are expected to act online. This document should not only outline how employees use social media for the business but also their personal social media profiles as well. We are not suggesting an Orwellian scenario where employers dictate what employees can do in their personal lives. However, employees should be fully aware that they represent the organization both at and away from work. Anything employees do on social media, good or bad, will reflect on your business.
In 2016, the number of websites hacked increased 32% over 2015 and that number is expected to continue to increase every year. While a frightening statistic, there are many things you can do to ensure that your website is as secure as possible. Below you will find the top 10 ways you can decrease the chances of your website being hacked.
Espionage! The word sounds like some kind of Cold War reference. However, espionage within corporations is alive, well, and happening every day. Generally referred to as corporate or industrial espionage, it is the practice of gathering information about an organization. Many times that information is just that – ‘gathering information’. However, some forms of corporate espionage involve stealing trade secrets, client information, formulas or recipes, planning or marketing strategies and can involve activities like bribery, blackmail, and technological surveillance.
There are so many types of security issues for businesses to worry about it’s hard to keep up. One very common one is known as a Denial of Service Attack (DoS) or Distributed Denial of Service Attack (DDoS). These types of attacks affect organizations’ resources and websites and ultimately can disrupt business.
All you have to do is read the news on a daily basis and chances are you will hear about yet another company that has fallen victim to a data breach. The average cost of a data breach in 2017 is $3.62 million globally and $7.35 million in the U.S, which is at an all time high, according to a study conducted the Ponemon Institute. These are big numbers and scary statistics and although there is no such thing as a totally secure system, there are several things you can do to reduce the chances of your business being one of the next victims.
Business today depends on being mobile and with the increased use of smartphones and tablets it’s getting easier to make a business accessible from anywhere. However, with this technology comes the issue of whether to let your employees provide their own devices, if your company should have control of those choices, or something in between. There are advantages and disadvantage to each choice and so much of it depends on what your business objectives are, the size of your company’s budget, and many other variables. So here is the break down of these three options. (more…)
In light of the latest KRACK Wi-Fi vulnerability (for more on KRACK click here) that was discovered, we figured an article on shoring up wireless networks was in order. So below are several top tips for securing your wireless network.
The mere sound of the word ‘hacker’ can send most people into a panic state and in the world we’re living in today who could blame them. However, there are hackers that are beneficial to us all. Those hackers are known as White Hat or Ethical hackers. White Hat hackers are computer security experts who specialize in penetration and other types of testing to make sure an organization’s information systems are secure.