Cyber Security: Currents Trends on Prevention Methods and News on Data Breaches

Cyber-attacks and threats are still an ongoing fight. Businesses are using different prevention methods to keep their data, cash flow, and customers safe online.  The aim is to have a robust security measure that prevents various cyber threats experienced in the recent past. Some of the top risks businesses work against include:

• Internet-borne attacks such as spyware and malware
• Employee negligence
• Software flaws and vulnerabilities in the systems
• Phishing attacks.

On the bright side, these measures seem to be working on a small scale. According to a recent HIPPA Journal, in the first six months of 2021, data breaches declined by at least 24% globally. However, the study found an increase of data breaches by 1.5% in the U.S. It calls for more measures and new security policies for businesses in the region.

Over the same period, breaches reported to the public were 1767 between January 1, 2021, and June 30, 2021. The breaches led to an exposure of 18.8 billion records. Compared to the 27.8 billion recorded exposure in the first six months of 2020, the number is smaller, reduced by about 32%. According to these reports, the healthcare sector is still the most targeted and has topped the list since 2017.

In the positive light and turn of events, there is still much needed to alleviate cyber crime in companies. It is leading to losses of billions of dollars and the closure of numerous startups. Let’s look at some of the prevention measures companies are using to achieve these positive results.

Increased Cybersecurity Awareness among Employees

From studies, employees are the leading cause of cybersecurity attacks in companies. 90% of cyber-attacks result from information hackers steal directly under employees’ noses who unwittingly give it away.

IT systems can only go up to that far. Therefore, increased awareness of cyber security threats in places of business has helped create a culture of online safety. Training employees on cybersecurity encompasses all the security threats and loopholes hackers use to mine for information, such as phishing and sending scam emails. Employees now know how to avoid scams and report them to the relevant people to prevent further damage.

Use of Enhanced Security Protocol and Backup

There has been a rise in investments using top security and backups in business to keep off hackers. Companies have to be proactive in reducing cyber threats by having better systems and top tech experts for best security practices and training.

These technicians assess the vulnerabilities of networks and detect flaws before they can lead to any security issue. It has enabled companies to overcome security threats that would cripple their operations saving a lot of cash.

Updated Security Systems

Companies are also proactive in updating their security systems more than ever before. There is no point in having security systems without constantly updating them. As technology changes, hackers are also changing the tactics they use to access information.

Updated systems have better security measures to reduce any chances of a hacker getting into your network systems. The right IT personnel helps companies stay updated with better security technology, significantly lowering cyber-attacks.

Proper Management of Passwords

Passwords are one of the most annoying aspects of using technology and the most misused. Many companies use easy-to-guess passwords that invite hackers into their systems. Currently, the use of password managers helps businesses to keep their passwords safe from intruders. They also use strong passwords that no one can tell through guesswork. After all, that is the point of having a password in the first place.

Visit InsureYourCompany.com for information on insurance products to protect your business from cyber security threats.

Dan Levenson

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