But, do you know that these cyber attacks do not attack the corporate bottom lines? If you notice that, The Colonial Pipeline breach in the year 2021 resulted in high gasoline prices, panic buying, and also several local shortages after the company’s pipelines were shut down by the hackers.

Despite such disastrous results, some organizations are struggling to treat cyber security like a business coming to an end, with bottom-line financial threats. The companies that do not want to end up still find it hard to keep up with the speed and intensity of cybercrime.

So, what is keeping the information security pros and business leaders awake during the night? To have a better picture of these threats in the cyber landscape, we have asked the professionals in cyber security to share the most common cyber security issues they are witnessing. Hence, these companies also take the help of agencies that are dealing with cyber security consulting services to help agencies in better cyber security platforms.

The Top Cyber Security Issues That Organisations Face – 

The cyber security issues will range from things as simple as out-of-date software malfunctioning to large-scale issues like the lack of support from leadership teams. Here are some of the most common issues that organisations go through-

• Recognising That You Are The Target

Small organizations do not always realise that assets and data are attractive to cybercriminals. In the current day, modern economy, most of the companies have things that attackers want- like information and money.

A basic grasp of cyber security best practices will be a huge step in the perfect direction for several companies. It means that you are constantly aware that you are the target. The major breaches happen due to human error, thinking that attackers will come after the company is the first one who can develop the defense.

• Failure Informing Employees Of Threats

Most of the professionals say that the weakest link in any cyber security program is often the employees. As per Steve Tcherchian, CISCO and chief product officer at XYPRO, no matter how much money you are spending on antivirus, intrusion of virus detection, using the next-gen filters and other technologies, but all these become useless if you do not focus on educating the staff first.

Organizations should consider the employees as the first factor of defense when it comes to basic threats like malware and data breaches.

• Data Breaches Due To Remote Working

With more people who are working from home and other locations not located within the office, there is a high chance of breach from hackers. The technology in place does not have the similar security measures and control offered by enterprise-level security.

If you see an example, there are several mega breaches currently that are attributed to this, where the contractor or vendor’s VPN credentials will be compromised and the hacker will have access to everything the contractor did. The MFA or multifactor authentication and Two-Factor Authentication are some simple ways to add protective barriers from hacking and data breaching.

• Ransomware Attack

The ransomware is the type of malware that encrypts files on the device, making them quite difficult to access or not suitable for usage. Once the files are corrupted, the attackers then will demand a ransom in exchange for decryption. At times, the attackers will then threaten to expose the information to ransom, which is demanded in cryptocurrency.

Ransomware will have a significant threat that most of the organisations need to be aware of, with the attack now happening within 11 seconds. The credentials will also get compromised or employees sharing and misusing credentials is another important threat that the companies need to be lookout for.

• Missing Out Security Patches

Out of the 100-plus vulnerable assessments that the companies have run for different companies, there are always somewhat security patches from the equipment, typically the user workstations and laptops. It might seem like a minor issue, but it is not. The security patches are published to find out the potential vulnerabilities with the help of Cyber security managed services.

• Lack Of Corporate Security Program

One surprisingly prevalent issue that most companies face when it comes to security is the lack of a formal corporate security system. It is very important to have a proactive cyber security program for companies to deal with data breaches and phishing.

It is becoming much more imperative that the board will be an experienced IT or cyber security issue for translating the IT language in the business and vice versa.

• Bringing Your Device Or The BYOD Threats

Again, the issues caused by COVID-19 have intensified the security issues in the BYOD threats. These policies are very popular among many companies. The BYOD technique allows employees to use their machines for work in an office or also work remotely to make things much easier.

What Is The Need To Stop Cyber Security Services?

Very little can be managed, with a short-term data protection system in an organisation, it is very important to have a strong cyber security platform for protecting against data phishing. Consult with a trusted company like Ivan Infotech that offers professional cyber security consulting services.

Data violations may be caused by cyber-attacks calculated to appropriate, change or erase data in large volumes so as to gain illegitimate access to protected information, to gain individual benefit from the exploitation of this data or to inflict chaos for the purpose of conveying a message through cyber crime. The obstacle to such data violations with the help of certain recognized best practices and security measures is known as cyber security. Continue reading if you want a deeper grasp on the meaning of cyber security and the connotations of cyber-attacks.

Cyber security is a continually advancing field and takes into account a constant digital clash of sorts linking the hackers and other persons trying to undermine data integrity to the experts and analysts who make sure that those attempts are unproductive, maintaining the security of the data. The various types of cyber security are, actually, mainly divided on the basis of the various types of cyber attacks that are leveraged to obstruct confidential and protected data. Many businesses are turning to cyber security compliance software development to safeguard their data and preserve their reputation. We’ve outlined some of the highly universal types of cyber security.

Identity and Access Management (IAM)                  

IAM and Identity and Access Management is an overarching label that refers to the compilation of regulations, cyber security measures, technologies and programmes that are leveraged in order to stringently control access to online platforms and confidential databases where access should be limited only to confirmed persons. IAM covers the formation, protection and utilisation of digital identities together with the associated ascertaining process that ensures that no one can gain illegal access to a confidential network, online platform or server. 

Cloud security

Cloud technology is one of the booming sectors globally, and an increasing number of uses and services are being added currently than ever before. These services roughly as a whole depend on cloud technology infrastructure to offer services and record the requisite data. Cloud security relates to the security of this cloud infrastructure as well as information from dishonest hackers and the like.

DLP (Data Loss Prevention)

Data Loss Prevention covers the measures and tools configured to identify when confidential information is being accessed, shared and robbed. In fact, cyber security compliance software development solutions function with the assistance of prearranged data policies that are tailored by the business employing the service, and it functions by continually tracking data. The instant it identifies a malicious endeavour at thieving or undermining data validity, it implements remedial measures for instance remote monitoring in order to ascertain that the data is not exposed to exploitation.

Network security

To put it plainly, network security takes into account the series of frameworks and practice that are configured in order to manage access to networks and the systems and devices linked to these networks through input and output links. The key goal is to ensure that the data stored on these networks stays protected and not threatened.

Antivirus /Antimalware

As software programs designed to keep your system safe from known and unknown viruses and other malicious attacks, antivirus and antimalware. They ascertain that a program or file, most frequently found in unofficial online sites, can exploit the cyber security exposure in the system to result in interruption, irreversible destruction or information loss. That’s why cyber security compliance software development solutions are designed to continually monitor the use of computer systems, particularly when sensitive data is concerned, transactions are completed, or the internet is available to safeguard the system from all possible dangers.

Encryption of Data

Currently the internet is the most convenient way of interacting with others, and this is where the enormous cyber security area of data encryption has influence. By encryption is meant the procedure where any interaction is jumbled in such a manner that it is unreadable by any unofficial party who through some means has been able to get hold of it. Just the sender and the specific receiver can access and use the decryption key to unscramble the message for it to be deciphered. The use of cyber security to preserve the confidentiality of persons and business entities is increasing non-stop. It’s no wonder then that top names in various industries are dependent on cyber security compliance software development for much-needed solutions.

Intrusion Prevention Systems (IPS)/Intrusion Detection Systems (IDS)

Both Intrusion Prevention Systems and Intrusion Detection Systems function in a parallel way, monitoring the going and coming link to a specific network or server and are proficient in speedily detecting any cyber security threats. The main distinction between the two is that IDS simply detects the threat and communicates it to the persons in charge, namely the cyber security experts as prearranged, on the other hand IPS is configured with in-built measures and cyber security tools to not only detect non-standard or possibly dangerous activity but also thwart this type of goings-on.

Secure online servers and networks are leveraged to store a range of data about consumers and their personal details. This is why the magnitude of cyber security compliance software development solutions is highly enhanced; to safeguard such confidential compilations of data.