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Making security a priority
One of the most problematic elements of cybersecurity is the evolving nature of security risks. In 2020, the average cost of a data breach was USD 3.9 million globally. These costs include the expenses of discovering and responding to the breach, the cost of downtime and lost revenue, and the long-term reputational damage to a business and its brand.
As new technologies emerge and used in different ways, new attack avenues are developed. Keeping up with these frequent changes and advances in attacks as well as updating practices to protect against them can be challenging. Although cybersecurity professionals work hard to close security gaps, attackers are always looking for new ways to escape IT notice, evade defense measures, and exploit emerging weaknesses.
Issues include ensuring all elements of cybersecurity are continually updated to protect against potential vulnerabilities. This can be especially difficult for smaller organizations without adequate staff or in-house resources.
Traditionally, organizations focused most of their cyber security resources on perimeter security to protect only their most crucial system components and defend against known threats. Today, this approach is insufficient, as the threats advance and change more quickly than organizations can keep up with.
Every time new software or hardware is introduced into a computing environment, they present additional attack vectors for hackers that need to be addressed by the cybersecurity team. There is pressure on the cybersecurity team because a single successful attack can lead to a destructive malware infection or a data breach.
These evolving threats include:
Malware
Ransomware
Insider threats
SQL / source code injections
Phishing & Email scams
Man-in-the-Middle Attacks
Distributed denial-of-service (DDoS) attacks
Cybersecurity can be categorized into five distinct types:
Cybersecurity strategy is a complex topic. Companies and individuals need to go well beyond simple anti-virus software and solve for a variety of different malicious threats and different type of attacks. To cover all its bases, an organization should develop a comprehensive plan that includes not only these five types of cybersecurity, but also the three components that play active roles in a cybersecurity posture: people, processes and technology.
With cyber-crime on the rise and new threats emerging daily, it’s important to protect your network and devices from attack. At FibreEdge, we help you keep your company secure, while your employees work efficiently from any location.
Talk to us about the way your business works, and we’ll recommend a solution to keep your data and assets safe, secure and fully managed.
26th Floor, Menara Maxis Kuala Lumpur City Centre, Kuala Lumpur 50088, Malaysia
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