In the modern, digital and data-driven world, corporations are always vulnerable to hackings, information breach, and other forms of cyberattacks. These attacks, if executed successfully, can lead to loss of critical data, lack of consumer trust, financial damages, and can even affect business continuity.
As a result, a lot of contemporary businesses make use of cyber security programs and solutions in order to enhance protection against such attacks, and increase overall business efficiency.
In this blog, we will cover some of the basic things about cyber security that every organization should know:
Five Things You Should Know About Cyber Security:
1. Most cyberattacks are preventable:
Numerous companies have become targets of cyberattacks, and have suffered the kind of damages that we mentioned above. To an inexperienced eye, these threats and attacks might appear complicated and intricate, many of them can be prevented by utilizing the appropriate measures.
2. There are different kinds of malware:
Malware can be broadly categorized into three types: worm, Trojan horse, and computer virus, and pretty much all computer malware are developed using a combination of these three.
Computer viruses find a way to host themselves inside the victim system’s files, programs, and other digital storage, and then replicate.
This kind of malware program masquerades as something legitimate, thereby tricking the users of the system to put it in motion. In other words, unlike viruses, Trojan horses do not replicate; rather, their spread relies upon the curiosity of the human user.
A worm self-replicates through the use of computer code, which means that it does not require any host files or programs in order to replicate and spread.
3. Encryption is vastly underutilized:
Encryption is a very popular concept, and, prevents any unauthorized party from decoding confidential data should they gain access to it. Unfortunately, despite its efficacy, very few organizations use encryption as part of their cyber-security strategy.
4. IoT will lead to unique security challenges:
The IoT (Internet of Things), which will help connect digital resources, can be considered the future of the corporate universe. While such an integration is bound to improve efficiency and productivity within the workplace, it is also likely to produce new and sophisticated digital threats that will require greater expertise to nullify.
5. Fundamental defenses against cyberattacks:
Most computers come with some basic protection and defenses, which capable IT pros can exploit and implement. These defenses include:
- End-user training
- Patch management
- Secure configurations
- Intrusion detection
Safeguard your Organization With Renee Jackson Cyber-Liability Insurance:
Even though adequate security measures pay for themselves in the long-run, the initial cost of implementing these systems can be high and hefty. At the same time, suffering from a cyberattack can force you to halt your business operations temporarily, leading to a loss in revenue.
With Renee Jackson’s cyber-liability insurance, you can not only obtain financial protection against such attacks, but also lower your risk of becoming a target in the first place. If you want to know more about how our cyber liability insurance can prove beneficial for your business, please feel free to reach out to us.