The world relies on technology more than ever before. As a result, digital data creation has surged. Today, businesses and governments store a great deal of that data on computers and transmit it across networks to other computers. Devices and their underlying systems have vulnerabilities that, when exploited, undermine the health and objectives of an organization.As the volume and sophistication of cyber-attacks grow, companies and organizations, especially those that are tasked with safeguarding information relating to national security, health, or financial records, need to take steps to protect their sensitive business and personnel information
A data breach can have a range of devastating consequences for any business.Cyber risk assessments should also consider any regulations that impact the way your company collects, stores, and secures data, such as PCI-DSS, HIPAA, SOX, FISMA, and others. Following a cyber-risk assessment, develop and implement a plan to mitigate cyber risk, protect the “crown jewels” outlined in your assessment, and effectively detect and respond to security incidents. This plan should encompass both the processes and technologies required to build a mature cyber security program.The loss of critical data, such as source files or intellectual property, can cost a company its competitive advantage. Going further, a data breach can impact corporate revenues due to non-compliance with data protection regulations.it’s essential that organizations adopt and implement a strong cybersecurity approach
Common types of Cyber Security
Network Security protects network traffic by controlling incoming and outgoing connections to prevent threats from entering or spreading on the network.
Data Loss Prevention (DLP) protects data by focusing on the location, classification and monitoring of information at rest, in use and in motion.
Cloud Security provides protection for data used in cloud-based services and applications.
Intrusion Detection Systems (IDS) or Intrusion Prevention Systems (IPS) work to identify potentially hostile cyber activity.
Identity and Access Management (IAM) use authentication services to limit and track employee access to protect internal systems from malicious entities.
Encryption is the process of encoding data to render it unintelligible, and is often used during data transfer to prevent theft in transit.
Antivirus/anti-malware solutions scan computer systems for known threats. Modern solutions are even able to detect previously unknown threats based on their behavior.