The cyber threat landscape is continually changing, developing, and refining. Every month there are new attacks employed and new vulnerabilities discovered. Some threat-actors sit on zero-day vulnerabilities (unknown and un-fixed holes in computer systems), unleashing them on private and business users alike. Attacks aim to get financial or personal data, or wreak havoc, or steal confidential business information. Some actors have specific targets and goals in mind. They may even be hired by competitors, or specifically want company data to ransom back or sell for profit.
They have many ways to achieve their business disruption, and many tools in their arsenal.
The job of cyber security experts is to help companies put up enough defences to make it not worth the time and effort for these threat-actors to get what they want. They also need to train employees to identify and avoid common traps. Cyber security teams need to monitor defences. Monitoring can result in alerts on possible intrusion attempts, and teams may need to reference experts to avert potential disaster.
Due to the ever-evolving nature of the cyber landscape, it is unwise to believe that a company will always be totally secure. To ensure an appropriate cyber defence, there are multiple layers of security that needs to be considered. Added to this, there should be a framework that guides identifying potential threats; implementing of protection mechanisms; detecting attacks against the organization; responding to events; and recovering from unwanted events. If a recovery is actioned and completed, the lessons learned are fed back into the framework and the cycle starts again.
Depending on a company’s scope of business, there may be additional compliance needs. By example, any company that stores credit card information would have to follow regulations set out by the Payment Card industry.
In summary: companies need to prepare for the worst and always remain vigilant.
Many executives believe that attackers are more interested in targeting larger multinationals, rich with bounties of higher-value corporate data. However, a study by Juniper Research (“Cybercrime & the Internet of Threats 2017”) indicated that 61% of 2017 data breach victims were businesses with fewer than 1,000 employees.
At Cyberfenders, we provide mid-size businesses with a comprehensive service that includes strategy, risk assessment, leading technologies, and managed services which are tailored to business needs.