Cyberattacks can happen to anyone at any given time. In fact, a cyberattack occurs every 11 seconds. Although you might believe it will never happen to you, no organization is exempt from one. As technology improves, cybercriminals become stronger because they have more mediums to infect. We live in a digital age as it is, making cyberattacks much more feasible for hackers, and when you add a global event like a pandemic into the mix, that makes corporations that much more vulnerable. Discussed below are four different types of cyberattacks to keep an eye out for during a pandemic and how to protect your business from them.
Cybercriminals are constantly looking for different gaps and vulnerabilities within businesses, which makes cybersecurity fundamental for any corporation. However, implementing cybersecurity protocols can be a challenge. Business owners have plenty to juggle with already and many organizations are switching to work-from-home methods, which makes company networks more prone to threats. This is where Security as a Service (SECaaS) comes in. It’s a versatile cloud solution that proactively protects, identifies and combats threats to your network, servers and endpoints. It fights against all types of cyberattacks like phishing, smishing, ransomware, malware and other malicious viruses. The “as a Service” model is ideal for small to mid-sized businesses, but especially ones that are operating remotely and on numerous networks. Here is a breakdown of the importance that Security as a Service (SECaaS) offers to remote workers.
One of the most important aspects of setting up a business network is securing your business data as well as applications. This is especially important because cyber criminals, and other malicious actors, devote considerable amounts of time and effort looking for vulnerabilities that can be exploited to compromise business networks. Once compromised, cybercriminals can then access private data and applications for their nefarious purposes. In the first quarter of 2020, there were 8.4 billion records that were exposed due to poor security settings; this was a 273 percent increase compared to the first quarter of the previous year, 2019. If you are a business owner with little to no expertise in network security, you should consider using Security-as-a-Service (SECaaS) to meet your business network security needs.
Cloud computing is the delivery of business tools and applications such as databases, software, and servers, among others, across the internet. These tools and applications are hosted remotely in data centers located in sites far removed from where the businesses are located and are delivered to end-user devices when needed. As businesses increasingly appreciate the cost savings, easy scalability as well as work flexibility offered by cloud computing, there has been a significant increase in its adoption over the past several years. Up from $196 billion in 2018, the worldwide market for cloud-based services is projected to increase to $354 billion by 2022, with over 60% of businesses using the cloud in one form or another.
To many businesses, a pandemic is already a global disaster, and although you might be aware that companies are more vulnerable to cyberthreats during pandemics like the coronavirus (COVID-19), organizations like yours may not understand that a critical aspect in your business’ protection starts with ensuring employees are on board and that you have a unified cybersecurity culture set in place. Here’s how to establish a strong cybersecurity culture during a pandemic.
With the current circumstances, businesses are under immense stress to function normally. Organizations have been forced to operate remotely, have undergone significant changes in a short amount of time and their networks have become increasingly vulnerable to cyberattacks like ransomware and phishing. This could be for a variety of reasons including weak cybersecurity cultures, the number of remote networks employees are using and business owners wearing too many hats. For all these reasons, managed cloud services are vital to the success of any corporation, but especially during a pandemic when organizations are facing more challenges than usual. Here are 5 benefits of managed services for pandemic planning.
The rate, as well as the effects of data breaches, have increased significantly over the past several years as businesses conduct their transactions online. In addition to data loss, businesses often incur financial losses as well following a successful data breach. In 2019, the average global cost of a data breach to an organization was $3.92 million representing a 1.5% increase from the preceding year, 2018.
There has been a radical and unprecedented transformation of the business landscape over the past few months as business owners adjusted to the threat of the COVID-19 pandemic. In order to conform with social distancing guidelines to minimize the risk of human-to-human transmission of the coronavirus, businesses have had to make the transition from a primarily office workforce to a mostly remote workforce. Prior to the onset of the COVID-19 pandemic, approximately 3.4% of employees (about 4.7 million people) worked remotely from home; this figure has increased substantially since the onset of the COVID-19 pandemic.
Cybercriminals and other malicious actors are continuously on the lookout for ways to penetrate and compromise private business networks. They devote their time and resources looking for weaknesses within the network security system that can be exploited. Once found, these weaknesses are used to bypass the network security system in place and penetrate the network, thereby enabling the cybercriminals to steal private data as well as cause other forms of havoc. As businesses increasingly conduct their activities digitally, the risk of data breaches has grown exponentially. In 2019, there was a 54 percent increase in the number of successful data breaches compared to the preceding four years.
Ransomware is a leading cause of downtime today and can affect any industry at any time. For this reason, it is important to be prepared and implement the proper precautions to ensure the recoverability of your data. In order to protect your business from Ransomware it is important to employ these 6 tactics.