In a world where so much communication medium takes place online, our business and personal security is constantly under threat. We have a flood in the habit of storing so much information online and often pay insufficient attention to putting in place. we do not give attention to updating security measures that protect our personal and business data. Here in this blog, we will tell you what are the real risks and do we really need to services of cybersecurity?
Need for Cyber Security Security
In September a case was held at The Old Bailey where job hunters applying for positions at London's Harrods store were targeted by cyber criminals. The position appeared to be posted by a well-known recruitment company Blue Arrow, but this was a fraudulent cover. When the job hunters downloaded job application forms and the job descriptions and, they infected their computers with a bug. The hackers then retrieved personal details that enabled them to clear the job hunter's bank accounts, totaling over a million pounds.
This may have no relevance to you and seem a relatively small scale target. But, imagine the detrimental effect if your company's computers were targeted. Not only could your business data and finances be stolen, but in most cases valuable information regarding your clients, suppliers and partner organizations.
PWC was commissioned by the Department for Business, Innovation, and Skills (BIS) to conduct a cyber-security survey with UK companies. The aim was to identify trends, specific threats and to build awareness of the risks to the business. The results showed that security breaches were growing, particularly amongst SME's. Every few days, large businesses were facing a significant attack, leading to losses of funds and data. Despite this, most businesses were struggling to keep up with updates to security measures.
How Cyber Security Services Helps You?
The biggest cause of security breaches come from employees, who are often unaware of the potential outcomes of simple actions. These all include transferring information between home computers and work computers via USB sticks, using weak passwords to access restricted data and logging onto social media sites on a work computer. The PWC survey suggests that 36% of the worst breaches were a result of human error. Despite this 42% of the large organizations surveyed didn't provide security training for their staff.
So consider what security protection you have in place. Is it regularly updated? Technological developments are constant, as are the skills of those with the IT skills to either hack or protect against hackers. Security protection needs to be updated regularly to remain effective. If you installed a package a year or two ago, it is going to need an update. Do you have separate back up files? If data is lost, you need measures in place to retrieve it, so the loss doesn't mark the end of your business.
Are your employees aware of security measures such as the importance of strong passwords?
If you understand the value of investing in insurance for your business, then it may be time to find out more about the services of cybersecurity companies. By ensuring you have adequate protection in place to provide you with the reassurance that your business is minimizing the risk of fraudulent online activities, cybersecurity companies offer peace of mind. In addition to recommendations, the installation and initial audits of suitable software, they will ensure that the products are kept updated as upgrades are introduced. Cybersecurity companies can also provide training for employees, so everyone within your organization is aware of the importance of their role in minimizing security risks.
Security solutions are continuously being sought, at the moment quantum physics are being explored as they may offer coding solutions that can't be broken without the human error factor. Hacking will continue to pose a threat in our online world, so protection is a valuable investment for your business. Providing the highest levels of security assurance, companies such as ECA Ltd has specialist consultants and engineers who work with government and commercial organizations to protect secure strategic information assets.