Over the past few years, businesses have become increasingly aware of the need for cybersecurity. With more transactions being conducted online across the internet, businesses transmit and receive large volumes of data daily. These data have become a tempting target for cybercriminals who spend their time and resources devising strategies to access the data by compromising private business networks. As a business owner, one of the ways to secure your business network is by using Security-as-a-Service (SECaaS).
While the world and companies everywhere focus on the coronavirus disease (COVID-19) and are forming pandemic plans to keep business going and employees safe, cybercriminals are also following the crisis closely, looking to spread infections in different ways. In fact, according to the LA Times, a health agency in the U.S. has already suffered a cyberattack amid the COVID-19 outbreak. Why? In short, cybercriminals love a crisis. Companies are more vulnerable than usual and their focus shifts to other priorities other than cybersecurity practices.
In 2020, with businesses increasingly becoming more technologically advanced and conducting their transactions online, the rate of cybercrime is expected to increase. With lots of personal and confidential information being stored digitally, cybercriminals will make greater attempts to access this data, using more sophisticated as well as advanced tools and strategies.
One of the most important factors that business owners need to take into consideration in recent times is cybersecurity. With the internet now part of the daily fabric of society, people are increasingly conducting their business as well as financial transactions online and also share confidential and personal information. As a result of the increase in online activities, cybercriminals now expend a lot of time and resources looking for ways to compromise business networks and access their data.
For businesses that want to build or expand their digital infrastructure in order to boost their customer appeal, one of the major considerations that should be addressed is cybersecurity. As businesses expand their digital presence and online activities, more data is transmitted and stored digitally; customers share their private information online while businesses store and transmit their proprietary information across their networks. As a result, cybercriminals and other malicious characters have stepped up their attempts to compromise private networks and use the data for nefarious reasons.
We live in a fast-paced technical world, where businesses and consumers want things now and where cyberattacks can happen in a matter of seconds. Additionally, corporations operate on multiple devices and platforms, giving cybercriminals plenty of options. To identify and protect a business form possible vulnerabilities, Intrusion Detection and Prevention (IDS/IPS) was created. It’s a managed security solution under Security as a Service (SECaaS) that is literally what it sounds like. IDS & IPS detect and prevent intrusions in company networks so businesses can function normally without compromise. Below, we take a closer look into Intrusion Detection and Prevention, how it works and its benefits to ultimately help you determine if this solution should be your next cybersecurity investment.
We’ve all made the mistake—denying that we are targets of cyberattacks and identity theft. It’s so easy to think that it will never happen to you, but when it does, it’s too late. In fact, 81% of cyberattacks happen to small and medium-sized businesses. Just last year, the Federal Trade Commission reported an estimate of 9 million identity theft cases. With how many platforms, devices and accounts that organizations run on, along with how many ways hackers can strike, it’s critical that foot traffic is crystal clear in company networks. This is where Identity Management comes in. Below, we define Identity Management, how it works and its top benefits.
You’re probably familiar with cybersecurity, but it’s easy to get lost in the jargon. Failure to keep up with cybersecurity and cyberattack trends ultimately means failure to determine what is truly best for your business. Security as a Service (SECaaS) is one of those terms that has gained popularity in the last few years or so and it’s on the rise in 2020.
There are simple security measures that we all take that most of us would consider "no-brainers". We all know the basics, like locking your computer when you leave your desk, using caution around suspicious emails and never sharing your passwords with anyone. While we'd all say these small tasks are no-brainers, how many of us actually take these security measures seriously? Unfortunately, most people don't, including many businesses. While corporations should increase employee awareness by implementing cybersecurity cultures, back in 2019, 33.3% of employess claimed to never have received proper cybersecurity training in their jobs. With this flaw in business practices, it should come as no surprise that cybersecurity misconceptions still exist. Here are nine of them that should be left behind in 2020.
We’ve all done it – you’re in a coffee shop getting some work done and you connect to the unsecured network. Where’s the harm, right? Well did you know that cybercriminals have been taking advantage of those who absentmindedly connect to unsecured networks to facilitate a cyberattack? Fake Wi-Fi networks, also known as “hotspot honeypots,” are created by cybercriminals to attract victims and exploit their personal information. In a way, you could think of them like mouse traps or cyber bait. The "honey" is the sticky part that attracts the victims, while the "pots" are what the collected information goes into.
While concept of hijacking an unsecured network has been around for years, with continuous advancements in technology, fake networks can easily infect several employee and company devices, ultimately endangering your organization. Here are a few ways you can protect your business from a honeypot attack.