In recent years, it has been found that many companies are quickly affected by different types of cyber attacks. Companies remain under great pressure and strive to keep their information safe and secure. Below are some of the common security risks that companies still face:
1. Human factor and people’s reactive mindset: Employees who work in the company can be the main basis for cyber threats as they are more likely to open phishing emails or download links that may turn out to be malware. In addition, top management or people at C level will be less likely to become malicious insiders. As a result, serious concerns about abuse of privileges by lower-level workers are more common as they become malicious insiders and action must be taken to address this issue.
2. Password protection measures play a critical role: Businesses should be very aware that they need to maintain all major business accounts with two-factor authentication so that it cannot be easily hacked. This password must be effectively changed and maintained once every 30 or 45 days to keep it more secure and away from any security attacks.
3. Aging infrastructure and drastic patch management necessary: In addition to the aforementioned security risks, hardware can also be a major problem, as the lifecycle of most devices is getting shorter and shorter these days. Only buy new hardware that can support updates so that the aging factor can be absorbed. Recent attacks such as the WannaCry and Petya outbreaks have underlined the importance of regular software updates to be addressed. Even for Eternal Blue, the malware was able to spread within corporate networks without any user interaction, making these outbreaks particularly virulent. The above incidents demonstrate the importance of protecting vulnerable systems and patching is an important way to do this.
4. Difficulties with data integrations: It is interesting to note that the amount of data flowing through an organization can, for reasons, overwhelm anyone because it contains very critical information. This may concern employees, partners, stakeholders, service providers, etc. However, integrating different data sources is crucial to properly understand the various risks within or outside the organization.
Lack of a good security recovery plan: Most companies are still unaware of the emerging cyber security risks and lack a good plan to overcome such situations. They need to create a plan that includes the actions that can be taken when there is a cyber-attack, so that it can quickly and efficiently minimize risk and save information or other economic losses.
How can companies protect themselves?
Certain solutions such as SecOps offer a superior customer experience along with robust cybersecurity. This security product has capabilities for safe operations and focuses on providing a seamless customer experience. This particular approach to Security and Experience go together strikes the right balance between the ease of user experience and the effectiveness of security. These solutions cover the entire software lifecycle, from secure design to security testing in development and QA, app self-protection and monitoring in product and patching. Security opens up new business opportunities and helps protect the people, data and systems of your business. Cloud security is achieved by following certain cloud adoption strategies with specific focus on security and privacy to improve and secure all operations.