Cyber attacks are much more common than what we saw in the past. Unfortunately, many businesses are now faced with a risk they do not even know about. Companies are faced with high pressure as they need to keep all the information they have secure and safe. According to James Scott ICIT, many security risks appear for businesses. The ones that are the most common are listed below.
The Human Factor
All employees that work for a company pose a security risk. They can be a huge base used by cyber criminals to attack business records. For instance, the most common way in which record access is gained is through phishing emails. You want to be sure that you train employees and teach them that their actions can have serious repercussions. Privilege abuse through the actions of low-level employees is quite common right now. Overcoming such a problem is a necessity.
All businesses need to be aware of the fact that all the really important business accounts have to include 2 factor password authentications. Basically, a system has to be in place that is really hard to hack. Passwords are the first line of defense. These have to be often changed at least one time per month. Also, records should be extra secured with standalone software in order to prevent security attacks.
One of the business security risks that few people know about is the fact that when technology evolves, new threats are detected with the older tech used. Unfortunately, the lifecycle of modern gadgets is so much shorter than it used to be. You need to only buy hardware that is going to be able to uphold updates and that will not become vulnerable.
Regular software updates are vital for the success of any business and the integrity of the security system. Hackers often look for loopholes and things that were missed. As a security flaw is detected, patches are put in place to deal with them. Delaying these patches is a huge potential security problem that businesses should never be exposed to.
Data Integration Difficulty
In every single organization there is a lot of data present or gathered. Unfortunately, the fact that there is so much can actually overwhelm staff members and even systems. Critical information can be leaked so a third party would learn about service providers, stakeholders, partners, employees and more. This is why it is always a really good idea to integrate different data sources. This offers an understanding of various risks that are involved outside or within an organization.
No Security Recovery Plans
Most businesses are focused on the security that is in place but there is absolutely no recovery plan in place in the event something goes wrong. In fact, most owners do not even know about the risks that cyber attacks bring. It is really important to have a plan in place to overcome cyber attacks. This is an integral part of having a really good security system in place that is capable of actually protecting the business, no matter what happens.