Cybersecurity has long been in the spotlight. Companies are increasingly facing serious system failures, large information leaks, privacy breaches and significant financial losses. At the same time, many managers still don’t know how to approach information security and don’t take appropriate measures, hence causing significant losses. To avoid making such mistakes, we would recommend familiarising yourself with the risks, strategies and solutions that can help protect your company from cyberthreats.
What is information security?
Let’s start with the fact that information security (InfoSec) is not some special server or awesome antivirus that you can just “put and forget”. It’s a set of administrative and technical measures that prevents attackers from gaining access to data or enterprise IT systems. It’s an ongoing process that requires constant attention and monitoring.
Furthermore, it’s necessary to take into account that the number of digital assets is growing steadily and more and more aspects of business are being digitised and automated. So paying attention to your security organisation is definitely worth it.
It’s not so easy to get the hacker’s attention, because it is difficult, highly skilled and quite dangerous work. But you need not be a crypto exchange to become a victim of fraud.
You can be hit by a massive cyber-attack that aims to infect as many vulnerable computers as possible or become the victim of a targeted attack, where a hacker selects cracking tools specifically for the weaknesses of your infrastructure. Moreover, there are always internal threats by your own employees.
Whatever the attack is, massive or targeted, the following techniques can be used against you:
Each of these techniques, in one way or another, threatens the confidentiality, integrity and availability of data, which could cause reputation, financial and productivity losses. Let’s find out about the types of risks that can come up.
Everyone gets hacked, and it’s better to be ready for it. A smart approach to cybersecurity involves multiple layers of protection for computers, networks, programs and data. An organisation needs to set up the right interaction of people, processes and technology to provide effective protection against cyberattacks. Here are some obvious, but no less effective, tips.
Of course, the number of cybercrime and fraud schemes is still on the rise. In particular, the COVID-19 pandemic contributes to their spread. Therefore, companies not only need to think seriously about how to strengthen the cyber defences of their IT infrastructure, but also how to improve the cyber literacy of their employees. Outsourcing your enterprise cybersecurity could solve this problem.
And now for the good news: you can protect yourself against almost all attacks, threats and risks. And it’s not necessarily up to your staff to organise the InfoSec, you could always outsource those tasks.
All that remains is to choose the right type of service:
These are “good hackers” who try to hack into your IT infrastructure as “malicious hackers” would do. Their services are usually divided according to their knowledge of your infrastructure.
Such services cost from $5k to $15k and are completed within a month by a team of experts. As a result, you get a report with information about successful and unsuccessful attack directions, as well as recommendations on how to fix the vulnerabilities. It’s important to understand that you should order a pentest when you’ve already implemented all the necessary security features, otherwise the pentest will take the shortcut and the full potential will not be achieved.
It’s a distributor of software from major vendors who doesn’t sell their software directly to customers. Typical examples of vendors: IBM, Cisco, Symantec. Dealing with vendors involves expertise on your side, i.e. an IT security specialist who can select the solution, configure and maintain it. Vendors prefer to work with medium and large companies (100 employees or more) that have an InfoSec specialist in a command. It’s important to understand that their goal is to sell their product. Therefore, they’ll offer a paid solution for every problem and won’t try to solve the problem architecturally.
All of your systems generate events (logs), such as authorisations, some user actions and system events. The SOC gathers, aggregates, looks for correlations in events – in short, detects the signs of hacking. It’s a fairly expensive service as it requires the storage of a large volume of logs, expensive SIEM systems, and a highly qualified analysts staff. At the same time, the service is very effective, as it can detect the most sophisticated attacks using zero-day vulnerabilities that aren’t detected by anti-viruses.
The best anti-viruses are thought to cut off 99% of attacks, and only the remaining 1% is detected by experts in ‘manual mode’. However, the service requires a high level of expertise from the client, who must transmit all logs to the SOC as well as respond to the threats identified, as the SOC doesn’t stop threats, it only detects them.
If your company is regulated, you have to satisfy the standards requirements. For example, if you want to process credit/debit cards you need PCI DSS, GDPR required if you have at least one European among your customers, it should be Cyber Essential for working with UK government agencies. The goal is to get certified, and the actual security is secondary, i.e. not the focus of the experts. Typically, such training costs $5k-15k.
As strange as it may seem, “lie detector” is the most effective protection against data leakage. Yes, there are many DLP (Data Loss Prevention) systems on the market, but they are only effective if the processes are debugged and regulated down to specific actions. Moreover, DLP is expensive, complex in operation and requires a specialist knowledgeable in your business processes. As practice shows, it is always easier to interview an employee during hiring, especially since such a survey costs $50-$100.
This is an ideal solution for all companies that don’t have their own InfoSec specialists. In this case, the contractor’s task will be to select the most effective arrangements for their client’s cybersecurity system.
Practice shows that in 90% of cases, security is given residual attention. This is not because IT specialists are incompetent or fail to do their job. But often they are too focused on other tasks: providing the service as quickly as possible and keeping it up and running. Somewhere ports are left open, somewhere weak passwords are set, and all due to haste. And these are the best entry points for attackers.
If you’ve decided to set up a cybersecurity system and protect your business from cyberattacks, you’re welcome to contact the os.eco team today to find an effective solution for you.
CEO DIS.works & CO-CEO os.eco
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