Cybersecurity is the practice of protecting systems, networks, and programs from digital attacks. These cyberattacks are usually aimed at accessing, changing, or destroying sensitive information; extorting money from users; or interrupting normal business processes.
If you have an online presence of your business, you must know the threats:
- Confidential data related to the organization can be sold to others, which can cause huge economic loss to the companies.
- Customer database, if attacked, can lead to leakage of personal data of customers, this data can be sold to spammers and third-parties. As such customer loses trust in the organization.
- Attackers may install ransomware on your system and will extort a fortune from you recover your system.
- DDoS attacks may also lead to loss in brand reputation, and reduce the search engine ranking.
There are various myths related to Cybersecurity applications which can lead to a leak in sensitive data if you continue to believe them.
- Myth: Only certain Industries are prone to Cyberattacks.
- Fact: Any industry which has an online presence is a potential Cybercrime victim.
Data is worthy. Companies assume that they do not have any information ‘worth’ being stolen. Any data, personal information, financial information can be stolen and be sold. The recent example is Zoom zero-day hack being sold over the dark web and Truecaller user details being sold to third-parties.
- Myth: Using Anti-virus/Anti-Malware software is enough
- Fact: Software can’t protect from all cyber-risks.
Anti-virus and Anti-Malware are essential components for providing security. A comprehensive plan of security also includes employee awareness programs, Cyberthreat analysis, and Security as a Service scheme, as provided by www.cybervie.com.
- Myth: Small and Medium scale businesses are not at risk and will not be targeted by hackers.
- Fact: Any business which has sensitive information and an online presence is vulnerable to an attack.
As per 2018 Verizon Data Breach report, 58% of the total victims were small businesses. Large businesses often get more media attention when they are attacked but it simply doesn’t convey that risks of cyberattack on small and medium businesses can be overlooked.
- Myth: Someone outside the organization can facilitate an attack.
- Fact: Insiders can also facilitate an attack and it could be difficult to find them.
Any information is being accessed by which employee must be checked. Outsider threat needs to be monitored along with insider threats. There must be a system in place to avoid such threats.
- Myth: A strong password will suffice.
- Fact: Although a strong password is important, it can still be compromised.
Strong passwords are like the first step to achieve Cybersecurity. Organizations must also check that which of their employees have an access to confidential information and if that information is meant for them. It is not uncommon to share the same password to all the employees in various departments. Often, admin rights may not be restricted to a few persons and it can lead to compromise in security of the network.
- Myth: If a WiFi has a password, it is safe.
- Fact: All public WiFi can be compromised even with a password.
Public WiFi must not be used for exchange of confidential information. Companies must invest in VPN for their employees.
- Myth: BYOD (Bring Your Own Device) is secure for use at work.
- Fact: Any smart device can compromise the security of the entire network.
Employees using personal devices for work related purposes, must follow the protocols as they follow for work related devices. Unprotected personal devices can lead to breach of information.
- Myth: 100% Cybersecurity is achievable.
- Fact: New threats emerge every day, Cyber preparedness is ongoing.
Every day, new threats emerge and engineers devise methods to tackle them. 100% Cybersecurity is a hypothetical statement. Continuous monitoring of systems, employee awareness, internal audits, threat analysis etc. are very important to keep your network and your organization safe.