It’s hard to imagine that technology is no longer used these days. The problem is that computer infrastructure or equipment can be exposed to a variety of cyberattack methods. As recently as last May, the WannaCry ransomware hit more than 10,000 companies of all sizes in more than 150 countries. The attack brought key services and operations to a standstill, including the UK’s National Health Service and several Renault car factories. Last year, one billion Yahoo users saw their accounts get hacked, causing great damage to the company.
Although these reports were of large organizations, there have been many case reports of attacks on small businesses. Many of these small organizations run on legacy systems and have little or no protection. Startups are often associated with more pressing parts of the business, such as sales and operations, that are often overlooked as part of the agenda. Here are seven things business owners need to know about cybersecurity company:
Nothing is too small
Cybercriminals only seem to target well-known organizations, such as those often heard or read on the news. However, according to a survey by the Ponemon Institute, 55% of SMBs experienced some form of cyberattack. If your business uses computers or the internet, or if you have a digital presence such as a website or a cloud account, you are at risk of a cyber-attack. Today, most attacks are carried out by automated malware and scripts that scan for vulnerable computers and networks, regardless of the size or type of business.
According to cloud security provider Indusface, vulnerable small businesses are faced with today’s complex threats due to their limited experience with cybersecurity company measures. Most small businesses don’t have dedicated IT staff dedicated to these things. Therefore, startups should make security a shared responsibility of all members.
Threat 1: Data breach
There are many common cyberattacks you should know about. The first is data breaches. In this case, a cybercriminal tries to access a database and steal company data. Personal and financial information is sold on the black market for use in stealing and fraudulent personal information. Startups that use websites and apps that collect customer information such as e-commerce, online support, and CRM are the main targets for such attacks.
Large companies that have been hit by a data breach, like Sony, Dropbox, and LinkedIn, may think they’ve escaped the impact of the data breach. So you don’t need to worry too much about such attacks. However, these large companies have a long-term relationship with resources whether or not they have such problems. Startups can’t handle losing their customers’ trust and damaging their reputation. According to the US National Cyber Security Alliance, 60% of small businesses fail within six months of being hit by such an attack.
Threat 2: ransomware and malware
Security firm Kaspersky identifies ransomware as one of the most serious cybersecurity threats facing businesses today. Ransomware is a special type of malware that infects computers (including mobile devices) through vulnerable networks. Ransomware encrypts files on hacked computers. The user cannot access the file without paying the attacker a ransom to obtain the decryption key. Even if you pay the ransom, there is no guarantee that the attacker will respect your payment.
Threat 3: DDoS attack
A Distributed Denial of Service (DDoS) attack floods your network with traffic and makes your website or server inaccessible. An hour of downtime from a DDoS attack can cost up to $ 20,000, up to a third of a company. For transaction-intensive websites like e-commerce services, this number can be as high as $ 100,000 per hour.
Small businesses are often forced to survive the recession and absorb lost revenue and productivity. Even if not directly attacked, SMBs can be vulnerable to DDoS attacks on large infrastructure providers. Thousands of websites and services have collapsed after a massive DDoS attack that hit DNS provider Dyn last year.
People are often the weakest link
People are often the weakest link in the security chain. Most security breaches are caused by human inactivity, according to a report by BakerHostler. Many systems remain vulnerable to data breaches and ransomware attacks through phishing that tricks people into clicking links to install malware.
Some can even introduce these threats into infrastructure by inadvertently connecting phones, laptops, and storage devices to networks and computers. Educating yourself and your employees about good security practices in everyday life is a valuable investment in preventing attacks from human error. Establish security policies that control how you and your employees use your IT resources.
Access control counting
Find out to who you are giving access to your infrastructure. As a startup, you may give just about anyone unnecessary access to critical infrastructures, such as the freelancers you hired to build and maintain your sites. Or maybe the person who left last week still has a passcode. Deactivate transactions in the POS system.
Most management tools and services today allow you to assign user roles to the appropriate access levels so that you are in control of who is doing what in your infrastructure. Encourage people to use strong passwords and always protect them. Revoke access to people who don’t work for your company once they’re gone. Protect yourself legally by including confidentiality clauses in contracts with the people you deal with to prevent them from revealing passwords.
Invest in security
As a startup, you may be hesitant to incur additional costs. However, cybersecurity is just an investment in IT. In addition, there is inexpensive malware protection and security software for desktop computers.
In addition, Security as a Service means that you do not have to make major investments in security apps and hardware to protect your network. Alternatively, you can subscribe to scalable security services such as web application firewalls and DDoS defense services for online infrastructures and applications. Startup cybersecurity is one of the many facts IT professionals need to focus on. Offer software that will help you understand your risks and prevent attacks.
For additional information, you can contact your local cybersecurity services providers today. They will surely help you to find the best solution for your problems.
Is cybersecurity a desk job?
Most cybersecurity work is desk work, but in addition, the lifestyle aspect of cybersecurity work depends primarily on you and your interests. As long as the industry uses technology, cybersecurity has work to fill.
Do Cyber security Analysts code?
Most cybersecurity jobs require no coding knowledge, just network, and operating system administration. The Security+ certificate doesn’t include anything in the code. Not listed on CISSP. Most of the cyber security jobs are at a higher level.
How much do cyber security analysts make?
The median salary for information security analysts in 2019 was $104,210. Similar jobs had the following average salary in 2019: Computer network engineers $115,110, software developers $111,620, computer systems analysts $96,160, and computer systems administrators $88,410.
How much does a cyber security course cost?
How much does cyber security training cost? Cybersecurity training costs range from free to over $5,000, depending on the quality of the training, the amount of lab access, and hands-on exercises.
How can I get cybersecurity training for free?
Many companies offer the best accredited free cybersecurity courses for students interested in becoming SOC (Level 1) Analysts. Those who take this course will learn about log analysis, vulnerability scanning, threat intelligence, network monitoring, risk management, network security, and cryptography.