Post Menu and Details.
- Cybersecurity and Hacking
- Hacking example from recent US history
- Modern world security dangers
- So how to improve business cybersecurity?
Reading time: ~5 minutes
blocIn simple words, the cybersecurity of the business should never be overlooked because the rate of cyber-attacks has increased exponentially in the last few years. According to recent research, experts have concluded that the larger the business, the higher is the chance of a cyber attack. However, every business, regardless of its size, is vulnerable to cyber-attacks because there are several reasons why criminals continue to hound business data. There was a time when business information was essential for hackers, but now they have strong reasons to steal valuable information.
Cybersecurity and Hacking
Cyber describes anything between computers–that is why, when folks talk ‘cyber,’ they consider computer devices like notebooks, desktops, smartphones, and smart TVs. However, as we’ve observed, cyber apparatus is a lot more widespread than notebooks and smartphones; they also incorporate automobiles (engine management methods ), lifts, and health care pace-makers. But, cyber encompasses more than simply computing devices. There’s the information the computers process and store, the networks they convey, and the connections with the users.
All collectively –data, networks, devices, and individuals –produce cyberspace. It’s the interactions involving computer components that specify cyberspace, and it’s that hackers attempt to access.
Hacking example from recent US history
John Draper understood that the US telecom system had been controlled by computers which utilized different tones to indicate unique activities, from the simple fact that money was put into a phone box to prepare a long-distance relationship. As a result, if they can replicate these tones (or notes), they could produce the telephony system to do anything they desired, from making free telephone calls to routing additional telephone calls globally. 1 such tone has been 2600 Hz that will permit them to make free telephone calls when whistled to a phone handset.
Discovering how the anti-system functioned was complex and not something just anybody can do. However, what made those phreakers (as telephone hackers are known) famous, was at the time’Cap’n Crunch’ cereal comprised a whistle in boxes as a free toy that just generated the 2600 Hz tone. Now any kid with all the cereal box whistle, a telephone line, and a few basic instructions can make free telephone calls whenever they desired (Rosenbaum 1971).
Even though this is an enjoyable story, it shows that, although the developing new working hack may be complicated to detect and comprehend, replicating it is fairly simple. In Precisely the Same manner, It takes an experienced armorer to produce a gun that works. After established, anyone can fire it.
Modern world security dangers
Have you ever heard about ransomware attacks? They are planned and channeled every day because hackers get to earn money through it. When a ransomware attack is carried out, the company is held hostage for as long as the hackers want until the firm doesn’t pay the amount demanded by the online criminals. So if your business has a strong online presence, there Is a strong chance that it will get attacked at some point in time. To avoid this from happening, you must acknowledge the importance of business cybersecurity.
So how to improve business cybersecurity?
Because we live in a technology-oriented world, everyone is exposed to a high risk of getting attacked on the web. So here, in this blog, we will sift you through a few steps to take to improve the cybersecurity of your business:
Regardless of its size, every business should invest in top-notch technology to eradicate the risks of a cyber attack. As a matter of fact, you need to invest in firewalls, data leak protection, ransomware protection, and encrypted connections. This way, it will be easy for your employees to get rid of phishing emails, and you will also get a chance to learn new skills to protect data. Secondly, anti-virus software must be used because it can easily protect your computer from getting attacked by malicious viruses.
- Awareness and Preparation
Not to forget, humans are the most valuable resource of any organization. So unless you don’t equip them with the right knowledge to protect company information, they won’t have a perspective on tackling an online attack. Conduct a compromise assessment of your current practices and identify the loopholes in your firm’s IT sector. Secondly, as soon as you identify the current and prospective problems in your business processes, you must outsource top-notch IT experts to provide you with tailor-made solutions.
- Data Backup
Although this is a traditional method to protect your online data, one of the best ways to be on the safe side, despise storing all of your sensitive business data on a single computer. It is in your best interest to divide the business data into different platforms. This way, you won’t have to cater to huge losses if a single device has been attacked. Similarly, don’t share the company data with every employee. Only the managers and top-notch performers should have access to a few data files. This way, the risk of the data getting shared on several platforms will easily get reduced.
- Settle For Strong Passwords
One of the leading reasons why cybercriminals are successful in attacking online businesses is because of weak passwords. Despise adding letters or numbers that are already a part of the business name or other details. To protect your system from malicious attacks, you can choose strong passwords. Settle for strong characters, numerals, and tough phrases. This way, the hackers will never be able to dive full throttle into your system.
- Blockchain and crypto-currencies
One of the most powerful tools to maintain digital data and cybersecurity is cryptography. Blockchain is not a new invention, and cryptographer David Chaum first proposed a blockchain-like protocol in his 1982 dissertation “Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups.”
However, the practical use of blockchain technology rapidly started only after the launch of the first crypto-currency named Bitcoin On 9 January 2009 with the help of Satoshi Nakamoto. There are currently many new projects online, which are based on blockchain technology, not only cryptocurrencies ( altcoins) and digital crypto-wallets.
For example, well known Spotify is using a decentralized database (blockchain technology) to correlate artists with license agreements and tracks. Web services based on decentralization are created with security in the first place. When you look for a new online service for your business, check if some companies use blockchain as the base of their product technology.
- Encryption and Key Management
Although encryption itself was in use long ago, blockchain existed. Encryption is the practice of using mathematical techniques to translate data into another form or code so that only people with access to a secret key (formally called a decryption key) or password can read it. If performed correctly, encryption can be used to ensure that only those who possess the correct key can decrypt the data and read it.
In a practical use for online business, encryption can be used in many ways:
- Communication. Communication between a website and a browser is commonly encrypted with SSL (Secure Sockets Layer).
- Digital Certificates – the use of public and private keys involving trusted organizations who confirm your identity.
- Authentication – encryption is widely used in importantAuthenticational protocols with the help of smart cards or devices.
- Filesystems and files – a filesystem such as a hard drive or a single file can be encrypted to protect information inside.
- Devices – nowadays, it is quite common to protect data with encryption by default in mobile phones.
The Importance of business cybersecurity: Conclusion
As more value migrates online and corporations adopt more innovative ways of interacting with customers and other partners, the cybersecurity challenge will only increase. Don’t underestimate the danger of data breaches and ransomware attacks. Follow our instructions above to have at least a basic level of cybersecurity for your business.
Bonus video. How it Works: Cybersecurity
- Rothrock, Ray A; Kaplan, James; The Board’s Role in Managing Cybersecurity Risks. MIT Sloan Management Review; Cambridge Vol. 59, Iss. 2, (Winter 2018): 12-15. Available from: https://search.proquest.com
- James Kaplan, Shantanu Sharma, and Allen Weinberg. Meeting the cybersecurity challenge. Available from: https://www.mckinsey.com.br/
- Alex Tarter. Community Policing – A European Perspective. Page 221. Chapter 15 Importance of Cyber Security. Available from: https://d1wqtxts1xzle7.cloudfront.net/56274864/Community_Policing_-_A_European_Perspect.pdf
Thank you for reading!