How is Your Company’s Cyber Security?

At the domestic level, the main threats to IT security are Trojans, spam and not least, phishing, which aims to obtain consumer personal data such as bank accounts, PINs, or other important personal data, cybercriminals being able to acquire in this way the identity of the consumer or his values. Companies, but also the final consumer, must ensure the implementation of complex professional solutions to protect against these attacks.

Technology and Internet access are critical components of a successful business, regardless of the sector of activity. Viruses, Trojans, phishing, spam are just a few of the computer threats that can have a severe impact on companies, sensitive information about them and their intellectual property. All of these could be sent to unauthorized persons, who would later exploit them for malicious purposes. The need for security against any computer threats, spam messages, phishing and attempts to fraud and confidential data theft is more present than ever.

Information technology has brought many possibilities to our generation and it is rare to find an individual or corporation that does not benefit from it daily. On the other hand, technological advancement has also empowered the “dark side of the force”, bringing a major concern to companies: cyber security.

In an increasingly fertile scenario for crackers, where digital crime is already moving at such high levels, the importance of maintaining the integrity of your data and security applications has been stressed, as well as investing in robust security frameworks to guard against cyber fraud. 

Diverse Threats Causing Astronomical Damage to Companies

The power and profitability that cybercrime has gained are alarming. In a market with many companies lacking adequate security, where even the tech giants can’t be 100% immune, and cybercrime has taken on many faces.

Rootkits, Trojans, and phishing are some of the most common cybercriminal practices, and according to Panemon research, they have cost US companies $ 9 million annually. In Brazil, the second-largest cybercrime generator in the world, the damage caused by virtual fraud – the crime most practiced here – is also alarming: eight billion reals a year.

With the unstoppable growth of e-commerce in 2015, virtual fraud such as phishing and data theft soared and increased by 45% in 2015, with virtual fraud averaging R $ 3,600 per minute.

Vulnerable Data due to Ineffective Cyber Security

The lack of effective criminal measures in Brazil makes the scenario fertile for the development of cybercrime, a situation that is aggravated by the lack of a competent security structure by companies. The result of soft legislation and unprepared corporate IT security is an average loss ranging from $ 16-19 billion a year since 2013.

Advanced infections, such as Ransomware, can break into large computer networks and automatically replicate themselves to other networks and devices, hijacking data and charging millionaire rescues.

A Tripwire survey found that only 38% of companies could recover critical information/business from attacks like Ransomware, and only 49% said their executives would be able to differentiate a fake email from a true email in a phishing attack.

These figures show two major corporate mistakes: lack of employee training and awareness, metric definition, and lack of a security framework with backup policies, advanced software, and lack of security audits/testing on systems and networks. Even more challenges in the pursuit of data integrity.

In addition to the unstoppable number of attacks like Ransomware, trends such as the IoT will make objects smart and bring the connection to everything: clothing, appliances, cars and entire homes, which, in the absence of precautionary security structures, will be a dish full for cybercriminals.

The market is also expected to mature, with greater awareness among employees and managers of the need for cybersecurity optimization, which will force crackers to develop sophisticated methods and software to attack low-level systems and expand/facilitate control within. of the networks.

Much work to be done for Information Security

With rogue software and increasingly sophisticated attack methods, criminals in the current generation are no longer concerned only with system compromise and notoriety for pure luxury or fun. The focus now is on enriching and controlling entire networks.

Great business awareness will be required to urgently improve its cybersecurity frameworks. Hiring quality services and consulting, structuring a competent IT department with the right technologies, metrics and training are some of the steps that must be taken going forward.

One Response

  1. Aoneessays September 19, 2019

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