The practice of defending against and recovering from cyberattacks on computer systems, networks, devices, and software is known as cybersecurity. Because of how linked the world is now, every business is increasingly vulnerable to cyberattacks. Your business data is one of the most valuable aspects of your assets. Due to the abundance of sensitive information every business has, companies need to safeguard that information by following the latest cybersecurity solutions.
Why is cybersecurity important?
Cybersecurity is important because it protects your business from potential attacks on its sensitive information. Your company cannot defend itself against data breach operations without a solid cybersecurity program, making it an unavoidable target for cybercriminals.
We now have a wide range of possible security flaws that weren’t there just a few decades ago. Also, cybercriminals are evolving as they gain experience, changing the targets they choose, and the ways in which they impact businesses and attack various security systems.
The average yearly cost of cyberattacks on enterprises has been steadily rising. For instance, in 2018 a single malware attack cost over $2.6 million, and between 2017 and 2018 the cost of ransomware attacks increased by the most, rising from $533,000 to $646,000 – a 21% rise. Paying more attention to trending cybersecurity solutions can prevent your company from paying hefty fines.
Trending cybersecurity solutions
Zero Trust
According to the Zero Trust architecture, internal and external attacks always pose a danger to the security of complex networks. Zero Trust aids in the planning and organization of a comprehensive strategy to fight those risks. It requires that no person or device within or outside of an organization’s network should be given access to data and network unless they have been authenticated and continually validated.
Many typical security risks are defeated by this fundamental change in strategy. Cybercriminals can no longer manage to find vulnerabilities in the perimeter and then use them to access private information.
Zero Trust is not a single, distinct technology. Instead, it employs a number of ideas and technologies to handle typical security issues by using preventative measures. Zero Trust has been created to offer sophisticated threat prevention these days when remote work has become a big part of many companies’ daily workforce.
Also Read: How Big Data Analytics Strengthens Cybersecurity
Security as a service
Security as a service (SECaaS) is also one of the trending solutions in cybersecurity. It enables businesses to outsource the management and handling of cybersecurity. Employing a SECaaS provider allows businesses to take advantage of the knowledge and creativity of a devoted cybersecurity team that specializes in the intricate details of breach prevention.
Cyber threats can take up much of a company’s time and money. Companies can concentrate on growing their businesses rather than securing their digital assets by outsourcing their security concerns with SECaaS.
Since it allows businesses access to the most up-to-date technologies, experts, and resources, SECaaS is one of the best methods for companies that rely heavily on cloud-based apps, operations, and data in their daily operations.
SASE
SASE, which stands for Secure Access Service Edge, is a cloud-delivered cybersecurity service. The fact that it is cloud-delivered is an important detail since most businesses today keep their important data and security operations on cloud-based apps. SASE, therefore, serves the dynamic and secure access requirements of today’s hybrid businesses by integrating network and security operations with WAN capabilities.
An organization’s members can be able to have secure access wherever they are when SASE is appropriately configured. As more people join a remote workforce, SaaS apps gain traction quickly, and data moves quickly. Thus, the secure remote access advantage of SASE makes it vitally crucial.
SASE is constantly compared with Zero Trust as we see people looking for the answer to SASE vs Zero Trust. However, there is not a definite answer to this comparison. Both solutions are part of a bigger understanding of cybersecurity and it depends on your company’s workforce to see which one is a better fit.
Multi-factor authentication
Passwords are not enough! So, when using multi-factor authentication (MFA), the user must provide two or more verification factors in order to access a resource. MFA demands one or more extra verification elements in addition to a login and password, which decreases the possibility of a cyberattack.
Common concerns
Ransomware
Ransomware uses encryption to demand a ransom for access to a victim’s data. Cybercriminals encrypt critical data for a person or organization to prevent them from having access. Then they ask for a ransom in exchange for giving back access. Ransomware can easily shut down an entire company since it is frequently made to propagate over a network and gain control of the whole network.
Phishing emails with malicious attachments are a common way for ransomware to propagate. We also see newer ransomware infection techniques. For instance, cybercriminals sometimes use unsecured Web servers as a point of entry to access a network within a company.
Cloud computing issues
Although cloud platforms are a big convenience for businesses, they also come with more cybersecurity concerns. Since cloud-based networks are typically accessible from the internet, cybercriminals find it easier to attack them. Different businesses can use the same content security policy, so after a succesful cyberattack, hackers can launch further ones to reach numerous more targets.
Third-party software
Businesses want third-party software they purchase to be safe. But that isn’t always the case. Sometimes, a third-party software a business assumes to be safe hasn’t been examined well by the vendor, and that can lead to some problems. Occurrences in the supply chain cyberattacks are on the rise. This is because cybercriminals choose to penetrate organization’s internal networks by taking advantage of the flaws in the digital supply chain of a third-party software they use.
Final words
The technological landscape is evolving quickly, forcing organizations and individuals to rethink how they approach cybersecurity. This is why it’s crucial for businesses to be aware of the constantly expanding cyberattacks and what can be done to reduce the dangers.
All of the solutions mentioned above are used by businesses frequently to combat cyberattacks. What we should not forget is that none of these solutions are the perfect fit for every situation and company. It is important to make sure you and your team are choosing the best solutions for your company.
Also Read: Does Cybersecurity Need Digitization Or The Other Way Around?
