Most organizations have multiple security controls to detect suspicious behavior and identify security threats. But these mechanisms often work in isolation, making it difficult to get a comprehensive view of the network environment. As cyber-attacks become more sophisticated, isolated security controls will prove inadequate for monitoring and protecting a distributed network.
Black Friday and Cyber Monday are notorious for crazy shoppers and deals, however, in the age of COVID-19 and social distancing, things are going to be a bit different, with majority of shopping being done online.
Laptops are critical devices for anyone and any business. They are a nest of convenience for vital documents, files, means of communication and storage, and they’re also a haven for cybercriminals and outside threats. This is where NewCloud Security for Laptops can be beneficial. It’s a preventative cloud solution that protects your laptops from cyberthreats. It combines the power of Security Information and Event Management (SIEM) with 24x7 Security Operation Center (SOC) expert monitoring. As you might already know, a SIEM agent uses data logs to look for suspicious activity within your network, analyze trends and mitigate threats.
Aside from smartphones, our laptops are the most frequently used devices and the most crucial to daily operations of our businesses. They are used to communicate, collaborate, store information and so much more, which makes securing them especially critical. Below we discuss a few reasons why your laptops need cybersecurity.
Security Information and Event Management (SIEM) has become a vital part of security strategies for all growing businesses. It might be one of those things that you’re aware that you need but are not sure why. Or perhaps, you’ve never heard of it at all. Wherever you stand with your knowledge about it, you aren’t alone. This beginner’s guide will define what Security Information and Event Management (SIEM) is, outline its benefits and highlight its importance to your business.
Cloud adoption by financial institutions has been on the rise. According to PwC, by 2020 core financial services like credit scoring, statements management, payments, and billing will use the cloud for processing and computing. From retail banking to collection agencies to asset management and investment banking, the cloud provides many use cases to bring scalability, cost savings and higher security to financial institutions.
The largest financial institutions have already adopted cloud technology. But it’s not just the J.P. Morgan’s or Bank of America’s of the world. Smaller financial institutions are finding the same benefits in cloud computing and cybersecurity practices that enterprises are leveraging. Here are 7 reasons financial institutions need cloud computing and cybersecurity.
1. Cost Savings
Financial institutions are leveraging the cloud to move IT operations to an operating expense model (OpEx). IT hardware and underlying infrastructure is expensive, and financial institutions are concerned about the rising costs associated with running data centers. Additionally, on-premise data centers are difficult to scale, and any growth requires large capital expenditures. Instead, hybrid cloud strategies allow banks and collection agencies to safeguard mission-critical data in the cloud without the high cost and maintenance that typical on-premise centers come with.
In today’s digitized world, cyberattacks are inevitable if businesses aren’t proactive in their protection. Regardless of business size, it’s only a matter of time before organizations become victims due to the absence of cloud computing and security solutions. In fact, 81% of cyberattacks affect small to medium-sized businesses, simply because they lack cloud knowledge.
Topics: Cloud Computing, Backup, Cloud Security, Cloud Storage, healthcare, Cybersecurity, SIEM, Intrusion Detection and Prevention, Office 365 Backup, Cloud Solutions, Identity Management, Security as a Service
As businesses increasingly conduct more of their activities online, there has been a corresponding increase in the frequency as well as the number of cyber attacks; cybercriminals invest their time and resources seeking various ways to compromise business computer networks. Given the increased frequency and sophistication of cyber attacks, traditional cybersecurity strategies are no longer enough in keeping your computer network secure.
There has been an exponential increase in the rate of cybercrime over the past several years as enterprises increasingly conduct more of their business activities online. Cybercriminals have developed more sophisticated tools that offer them greater ability to penetrate and compromise the networks of unsuspecting enterprises, with resulting adverse consequences. There are about 130 reported network security breaches yearly. In 2018 alone, the estimated amount of money lost by businesses globally as a result of cybercrime was $600 billion, corresponding to about 0.8 percent of the global GDP.
At one point in time cybersecurity was considered to be an afterthought but is now an essential consideration in the building as well as maintenance of a cyber network. With more business transactions being conducted online, cybercriminals are constantly devising innovative ways to penetrate cyber networks, making away with valuable data and causing severe damage to the impacted business in the process. It is therefore important that businesses utilize every security tool at their disposal to ensure that their networks are kept secure. Using only one type of security tool is no longer sufficient in offering adequate cyber protection.