How to Protect Your Business from Cyber-Attacks in the Modern Digital Age

Cyber-security threats are permanently evolving, so it would be unwise to let your guard down. Every day, we get news reports about some companies losing private data, malware, spyware, or ransomware attacks. Latest technology and fast reaction times are paramount if you want to make sure your company does not suffer from different types of cyberattacks. The list of cyber attacks is too big to go over all of them. However, famous cyber-attacks are a good starting point if you want to better understand the phenomenon. In this article, we are going to cover the most dangerous and widespread cyber attacks so that you can better defend yourself against them. Risk and adrenaline are cool things, but not when we’re talking about security; it’s better to try games like Book of Ra to experience them.

 

How to Protect Your Business from Cyberattacks

 

Predictive Analytics

 

At first glance, the term " predictive analytics" doesn’t seem to be related to cyber-attacks. However, interpreting the information that flows through your IT department is the key to effectively keeping cyber attacks at a minimum. This requires your business to perform an audit on the previously known breaches, phishing attempts, and malware attacks. Analyzing this information can help identify highly relevant patterns that can be later used to identify the culprit. It’s very similar to a bank robbery – the moment they step foot inside that bank, it is valuable information that can be extrapolated to other bank robberies. Cybersecurity technologies can also accommodate the same principle. When a company is targeted by a specific virus, they will report it to organizations like OWASP. This, in turn, provides businesses with vital intelligence that will be a deep dive into the methods used by the hackers, and a “signature” can be identified.

One of the biggest advantages of predictive analytics is the proactive factor. You won’t have to idly wait until you get hacked; instead, you can look into real-time patterns and anomalies to fend off attacks and limit the damage. With predictive analytics, even the smallest detail that falls outside of the patterns has to be investigated. Analyzing cyber attacks on the US government can be a great tool for predictive analytics.

 

How to Handle Large Volumes of Information

 

The main issue with cybersecurity is combing through the vast amount of data coming in. Powerful business intelligence tools are required in order to synchronize various programs, databases, or applications. Once you manage to implement a formula that can effectively synchronize every source, predictive analytics will be most effective. The more information is provided, the better the odds of providing complete and accurate information will be. Automation will lower the workload for your IT department because required insights will be compiled much faster. People who can interpret the findings will still be necessary, but a large chunk of the load has been removed. The more and more advanced the system becomes, the easier it will be to get in front of the issue and tackle it. Top cyber attacks have shown the importance of automation and are used as examples of dos and don’ts.

Make Sure Your Data Stays Secure

 

An EDW (enterprise data warehouse) is a great method of storing and sorting through the information that comes to your IT department and allows for further analysis. The EDW must remain secure and can also become a challenge. The warehouse will have to be accessed by a large number of employees to generate analytics, create business intelligence, or data mining. A balance must be reached between how many people can access data while keeping the security risks to a minimum.

 

Here are some ways to keep your warehouse data secure:

 

– Data encryption: Advanced Encryption Standard is one of the main algorithms that can help encrypt your data. Encrypting the data might slow down the warehouse speed, but it’s a necessary sacrifice.

– Data segmentation: and partitioning: These two actions work best when the data is already encrypted. Once segmentation and partitioning are performed, the data can be found in a separate table for easier access.

– Securing the data in transit: when data is on the move, it will be harder to secure. The databases used for transit can be located in any place on the globe. This will make SSL and TSL protocols mandatory. If you have applications, their front end will also need to
remain secure.

 

some ways to keep your warehouse data secure

 

Insurance

Preventing cyberattacks might not always be feasible, and insurance is becoming the core of long-term risk management strategies. $600 billion is the total amount lost in the number of cyberattacks per year. Plans that can cover such cyber attacks are becoming more and more advantageous and minimize trust and reputation loss. There are many different types of cyberattacks, and the costs to upgrade against all of them are becoming higher and higher.

 

Conclusion

The digital environment has high requirements when it comes to data protection. We strongly suggest you take a deeper look into your company’s digital security and perform a cybersecurity technology upgrade. If you hesitate today, there will be imminent consequences
tomorrow. Cyber attacks on businesses need to be minimized, and sometimes it can be hard to figure out your priorities. Make sure you head over to our comments section and look at how other users are tackling such issues.

 

 

Author’s bio:

Jeffrey Bishop, the owner of a small online business. He reached stunning heights and is happy to share precious experiences.

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