Today’s cyber-criminals are highly sophisticated in their approach, netting billions of dollars in profits from unsuspecting or unprotected targets. This new breed of criminals is simply as skilled and versed in security matters as experts working directly within the security industry.
To add insult to injury, there's now an unprecedented rise in new threats that traditional security software often fails to preemptively identify. We are finding that a lot of those emerging attacks can evade existing preventive measures. What’s more, these new threats have increased in complexity, making prevention, detection, and remediation even harder for traditional security software.
To put the matter into perspective, av-test.org estimates that quite 14 million new and variant malware strains are discovered monthly, which suggests quite 390,000 new incidents each day. While computer viruses are nothing new and are around for many years, the methods and motives behind them have changed dramatically.
As we all know, cyber-attacks are available a spread of forms which will include spam, phishing, pump-and-dump schemes, data-stealing Trojans, key loggers, and ransomware. Let’s just take ransomware as an example of the magnitude of the matter. While official complaints about the threat to the Department of Justice amounted to only around $24 million in damages in 2015, as you'll imagine the dollar amount is perhaps much, much higher. The FBI estimated that cyber-criminals collected over $200 million within the first three months of 2016, putting the crime on target to becoming a $1 billion a year problem. Late last year, the Cyber Threat Alliance reported that one piece of ransomware, CryptoWall v3, resulted in an estimated $325 million in damages worldwide over the course of its lifetime. And as far back as mid-2014, the FBI issued a report saying CryptoLocker swindled quite $27 million from users over a two-month period.
“Whether you're a serious corporation, government entity or little business operator, a comprehensive cyber-security plan should be a top priority”
What might not be so apparent is that the subtle shift within the focus of those attacks. While attacks on major Fortune 500 companies and government agencies are well covered by the press, the very fact is that 71 percent of cyber-attacks now target small and medium-sized businesses. The reason—hackers are beginning to realize that they will steal the maximum amount of data from 10 smaller businesses as one large one and that they are more likely to extract a ransom for data held hostage. The sad fact is authorities just don’t have the resources to research these smaller breaches.
Whether you're a serious corporation, government entity or a little business operator, a comprehensive cyber-security plan should be a top priority. even as cyber-attacks become more complex and complicated, so should our approach to combating them. we should always start with a layered approach to cyber-security, looking to secure our data on multiple levels starting with the network.
Many traditional firewall applications are supported by point-in-time controls that are focused on broad prevention only. Typically, traffic is controlled by a static access list which will govern what traffic makes it in and out of the network. Some stateful firewalls also will monitor the state of connections to stop out-of-band traffic and flag suspicious communications for a given protocol. Given the increase of bringing your own device (BYOD), many non-controlled devices are now ending abreast of internal networks. So now there's a requirement to layer the firewall with some sort of intrusion detection/prevention system, which is monitoring your network traffic for known malicious or suspicious activity. When trying to find network security, Protection 1 recommends adopting an answer that gives continuous monitoring for threats and may apply identity-based and device-aware security policies to network traffic to attenuate the attack vectors of your network without compromising performance.
From there, you ought to advance to the endpoints on your network to supply the subsequent layers of security to the general IT infrastructure. Endpoint security solutions deliver security at the device and OS levels, like computers, smart devices, tablets and mobile, effectively protecting your business and data from what people are opening, saving, accessing and creating, including physical policies on the endpoints by controlling access like USB ports.
It is imperative that you simply consider several key points when choosing what approach will work best for you to guard your devices and data. You ought to only consider known or trusted brands and download sources once you choose a product that will cover all of your endpoint devices. It’s important to try to do the research and understand the effectiveness of the protection for the value and performance overhead.
Finally, you ought to enforce an answer that goes beyond traditional signature scanning. The complex, and emerging, threats that exist today require behavioral-based and process-monitoring technologies, or heuristics, so as to most-effectively combat threats.
Should a breach occur, and therefore the odds are that a minimum of an effort is going to be made to breach your systems at some point, comprehensive disaster recovery and data protection plan should be in situ. a part of any data protection or disaster recovery plan is the need for comprehensive backups. this manner if an endpoint or device is ever lost, stolen, or within the case of ransomware—maliciously encrypted—the technology available today gives you the power to remotely recover sensitive data to avoid paying a ransom, or being left with unrecoverable data.
To sum it all up, companies of all sizes and industries are at constant risk and will take the acceptable measure to prop up their defenses.
We have seen many of our clients turning to us to act as their third-party provider of dedicated security networks that we design, implement and most significantly manage and monitor for them 24/7. We also offer SMB organizations a one-stop-shop for all of their cyber-security needs including network and endpoint security solutions and disaster recovery programs, alongside 24/7 management and monitoring of their systems.
Cyber-threats are the price of doing business lately, so confirm your company isn’t the one paying the worth.