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How to achieve cyber security in business

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What is cyber security?

 What you need to know

 
 

How to achieve cyber security in business 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.

Implementing effective cybersecurity measures is particularly challenging today because there are more devices than people, and attackers are becoming more innovative.

 

How a cyber-attack could affect your business


A cyber-attack could cause you:

  • financial loss – from theft of money, information, disruption to business
  • business loss – damage to reputation, damage to other companies you rely on to do business
  • costs – getting your affected systems up and running
  • investment loss – time notifying the relevant authorities and institutions of the incident

What is at risk

Your money, information, technology and reputation could be at risk. This could include the destruction, exposure or corruption of the following:

  • customer records and personal information
  • email records
  • financial records
  • business plans
  • new business ideas
  • marketing plans
  • intellectual property
  • product design
  • patent applications
  • employee records 
How to achieve cyber security in business

How to achieve cyber security in business

As businesses get more complex, manual processes and systems become increasingly error-prone and risky, not to mention expensive and slow. Technology can help automate, streamline, and refine, giving valuable team members the space they need to do meaningful, high-value work.

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How to achieve cyber security in business

Whats your best defence?

 A strong cyber security system has multiple layers of protection spread across computers, devices, networks and programs. But a strong cyber security system doesn’t rely solely on cyber defense technology; it also relies on people making smart cyber defense choices.

The good news? You don’t need to be a cyber security specialist to understand and practice good cyber defense tactics. This guide can help. You’ll learn more about cyber security and how to help defend yourself against cyber threats, and how to recognize and avoid threats before they infiltrate your network or devices. 

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Levels of cyber security

 

As mentioned above, cyber security is the practice of defending your electronic systems, networks, computers, mobile devices, programs and data from malicious digital attacks. Cybercriminals can deploy a variety of attacks against individual victims or businesses that can include accessing, changing or deleting sensitive data; extorting payment; or interfering with business processes.

How is cyber security achieved? Through an infrastructure that’s divided into three key components.

  • Information technology (IT) security, also known as electronic information security, is the protection of data both where it is stored and while moving through a network. 
  • Cyber security is a subset of IT security. While IT security protects both physical and digital data, cyber security protects the digital data on your networks, computers and devices from unauthorized access, attack and destruction.
  • Network security, or computer security
Service-Cyber Security

Information security: Also known as InfoSec, protects both physical and digital data—essentially data in any form—from unauthorized access, use, change, disclosure, deletion, or other forms of malintent.

Cloud security: A software-based tool that protects and monitors your data in the cloud, to help eliminate the risks associated with on-premises attacks.

Data loss prevention: Consists of developing policies and processes for handling and preventing the loss of data, and developing recovery policies in the event of a cyber security breach. This includes setting network permissions and policies for data storage.

Types of cyber security

In order to be better protected, it’s important to know the different types of cybersecurity. These include critical infrastructure security, network security, application security, information security, cloud security, data loss prevention, and end-user education.

Critical infrastructure security: Consists of cyber-physical systems such as electricity grid and water purification systems.

Network security: Protects internal networks from intruders by securing infrastructure. Examples of network security include the implementation of two-factor authentication (2FA) and new, strong passwords.

Application security: Uses software and hardware to defend against external threats that may present themselves in an application’s development stage. Examples of application security include antivirus programs, firewalls and encryption.

Types of cyber threats

Common cyber threats include:

  • Malware, such as ransomware, botnet software, RATs (remote access Trojans), rootkits and bootkits, spyware, Trojans, viruses and worms.
  • Backdoors, which allow remote access.
  • Formjacking, which inserts malicious code into online forms.
  • Cryptojacking, which installs illicit cryptocurrency mining software.
  • DDoS (distributed denial-of-service) attacks, which flood servers, systems and networks with traffic to knock them offline.
  • DNS (domain name system) poisoning attacks, which compromise the DNS to redirect traffic to malicious sites.

There are many types of cyberthreats that can attack your devices and networks, but they generally fall into three categories. The categories are attacks on confidentiality, integrity and availability.

  • Attacks on confidentiality
  • Attacks on integrity. 
  • Attacks on availability.
  • Cybercrime is committed by one or more individuals who target your system to cause havoc or for financial gain.
  • Cyberattacks are often committed for political reasons and may be designed to collect and often distribute your sensitive information.
  • Cyberterrorism is designed to breach electronic systems to instill panic and fear in its victims.

Scale of cyber security threats

While cyber-defense tactics are evolving, so are cyber security threats, with malicious software and other dangers taking new forms. And cyber security threats don’t discriminate. All individuals and organizations that use networks are potential targets. To help protect yourself, it’s important to know the three different types of cyber security threats: cybercrime, cyberattacks, and cyberterrorism. 

How to help protect against cyber security attacks

Follow these steps to help increase your cyber safety knowledge.

  • Only use trusted sites when providing your personal information.  “https://,” then it’s a secure site. 
  • Don’t open email attachments or click links in emails from unknown sources. 
  • Always keep your devices updated. 
  • Back up your files regularly
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