In the second decade of the 21st century, when most of our work is on digital devices connected to the internet, people are still uneducated about their cybersecurity needs. Most companies have no protocol for preventing cyber accidents or dealing with them efficiently. This makes a large percentage of companies exposed to all kinds of cyber threats. A cyber threat is typically when someone can harm your Information Technology system or network assets. A dangerous situation only possible when your company or network has a flaw that cybercriminals can target. And no doubt in 2020, the cybersecurity protocols are relevant to one’s growth, goodwill, and investments. And having reliable cybersecurity strategies requires experts and technology that can prevent and train you for any cyberattack that can occur in your company.
Cipher India provides managed security services with our Security Operations Centre (SOC), WatchTower365, providing 24x7 network monitoring, cyber threat hunting, incident response, EDR and so much more for total network security. It is more crucial now than ever to ensure the safety of your data with employees working from home. WatchTower365 is available as SOC as a Service and SOC in a Box. To find out more www.cipherindia.in or contact us at www.cipherindia.in/contact.
Here are the top 10 cybersecurity vulnerabilities that your company should avoid:
1# Malware
New malware files are made every day and they are often the older versions with a few modifications to make them untraceable to antivirus software.
The most common types of malware that your company can be vulnerable to are:-
Ransomware - These types of malware are made to encrypt the victim’s sensitive information, making it unavailable to the owner, and then an ultimatum is prompted, demanding payment in return of the inaccessible data. And if the ransom is not paid then the data is deleted.
Trojans - It is a kind of a delivery method for malware. A trojan is any piece of malware that seems like an authentic program that tricks people into downloading and installing it on their PC. This type of malware is perfect for major damages because they bring down your network security defence system by posing as something safe while carrying a major threat inside.
Worms - They are programs that can duplicate themselves and spread through multiple sources, like emails. Once it is on your PC, the worm will initiate searching for any form of file-sharing programs, that they can use to send themselves to other users.
Simple antivirus software is very ineffective against these kinds of threats. Professional help with experts is required to prevent and detect these types of cyber vulnerabilities. Find out more at www.cipherindia.in/soc.
2# Lack of adequate backup and recovery scheme for sensitive data
As companies grow, they generate and collect additional data which makes them more noticeable to hackers and fraudsters. Your company’s cybersecurity protocols should ensure the safety of backups and construct recovery plans of its confidential information which the majority of companies fail to make because of the lack of understanding or budget difficulties.
3# Inadequate antivirus software equipment
Companies require proper endpoint protection that can prevent cyberattacks on computers and the company’s network. Most of the antivirus software used by companies can be easily bypassed to gain access to the company’s IT system. Moreover, the majority of the antivirus software is not made to fight advanced interferences by hackers using the latest malicious software and malware. Cipher India provides Endpoint Detection and Response to ensure the first line of defence against cyber attacks.
4# Users unintentionally sharing sensitive data
The topmost need for cybersecurity should be ensuring the safety of confidential data. And even the finest cloud security network tools are only able to prevent critical data. Social media sharing one of the basic errors which, if left untreated, can direct to a major security breach. And if any data like usernames and passwords or any sensitive information linked to your company is posted online on websites like WikiLeaks, it can be very dangerous for your company.
5# Users let hackers through network security
Phishing attacks are one of the most common ways for hackers and fraudsters to gain access to the company’s network and computing system. Even the most harmless-looking emails can be the cause of a data breach in your company. It is always best to train employees and educate them about phishing attacks like malicious SMS made to look like SMS from an official brand or an email from a co-worker asking for passwords.
6# When unauthorised access becomes legit
When antivirus software is not up to the speed of the latest malware break-ins, the network security of your company is jeopardised without your knowledge. And as a result, hackers can simply make most of their spying malware tools, specifically the key loggers that can steal your company’s classified information.
7# Hackers control an infected computer
There are many methods a computer can get infected. For example, open Wi-Fi, poor antivirus software, or downloading files from any unidentified sources. Moreover, hackers are geared with discreet tools such as RATs which means Remote Administration Tools that let hackers access all the sensitive data that is secured on a specific device.
8# Advanced crime-ware instruments
Day by day, hackers are getting more innovative and with the help of the dark web, cybercriminals have achieved new levels of malicious cyber crimes. In 2020, hackers with only a little knowledge of hacking and almost no experience can target cybersecurity vulnerabilities of a company. But on the other hand, if hackers are approaching with the ‘buy and install tool’ system then the IT department and cybersecurity companies can also gather new knowledge and develop new tools for preventing cyber attacks.
9# Hacked sites to steal sensitive data about users
E-commerce websites are now very common, web surfers are obsessed with the online shopping culture and there is nothing that you can’t purchase on an online shopping store. Many websites get targeted by hackers that wish to use exploit kits to collect sensitive data like credit card details, phone numbers, addresses, and also email ids. Typically, this includes creating a fake website that seems credible and safe to use. And any online transactions made on these websites can endanger sensitive data about the users.
10# Old or Incompatible software versions
Some companies due to some reasons are compelled to use old and unpatched software systems to sustain tools that are not compatible with the latest software versions. This is one of the causes that can lead to cybersecurity vulnerabilities in your company. These outdated technologies can be crucial for the infrastructure network of the company.
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