Mastering the Subtle Art of Dealing with the Cyber Threats
45% of global organizations are at risk of cyber breaches.
According to a report, Cybercrime is expected to cost more than $23 trillion annually by 2027, up from $8.4 trillion in 2022.
It is also observed that 74% of the cyberattacks are due to human elements i.e. phishing attacks.
Aren’t these numbers shocking?
Companies are at a higher loss due to cyber breaches and are always at the edge of a cyber threat.
Reaching strong cybersecurity is a process rather than an endpoint. It calls for ongoing attention to detail, adaptations, and partners who can effectively mentor and support. It involves carefully arranging every brick, patch, and hardening step to construct a strong foundation to withstand cybersecurity threats.
Understanding cyber attacks and threats is the first step in preventing them. It is very important to know who is at risk and how much data is at stake. Most data breaches occur in the financial sector, where a lot of sensitive information is stored, contributing to a higher loss every year.
But we can master the art of dealing with these attacks by using 3 steps: Prevent, Respond and Recover.
Let us understand this in detail.
Prevent
Prevention should be the first step in dealing with cyber threats. It is more important to safeguard the data than to recover it later.
Enhance the security measures: Use firewalls, Antivirus and Secure email gateway always. This adds an extra layer of security to your system and protects crucial data.
Implement complex passwords and double-authentication for more security. This will help in reducing vulnerabilities and any leaks.
Create Awareness of Cyber security: creating awareness is an important step in training employees or people involved with sensitive information.
Hackers can easily attract employees by sending unauthorized links to gain access if the employees are not properly aware of the cyber breaches. Train your employees regularly on the latest trends and security measures.
Update your softwares regularly: Update your software regularly. Regular updates add a few features and security add-ons. This will help in protecting your system against vulnerabilities.
Respond
Act Efficiently and Quickly: Responding quickly and efficiently is important in this case. If the cyber attack has occurred, respond quickly and come up with a response plan immediately without any delays. This will help in reducing the cost and loss of more information.
Notify on time: Notify all the parties involved about the cyber attack on time. Maintain transparency and discuss the response plan immediately with the parties without any delays or hesitation.
Recover
Restore all the possible data: Restore the lost data with the help of IT experts immediately after the attack. It is also a good practice to regularly back up your data to avoid major loss.
Replace any digital assets: Sometimes a website, local intranet or network is damaged following the cyber attack. Replace them as soon as possible to avoid further discrepancies.
Sometimes it becomes really hard to prevent or even notice the cyber attacks. Always stay updated on the latest technological developments and take the help of experts to build a strong foundation for your organization.