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The 9 Biggest Cybersecurity Myths Exposed !

TOP CYBERSECURITY MYTHS DEBUNKED

In today’s high-tech era, there is hardly anyone who is not confronted with IT security in any way – it can be morning log-on to the workstation, installing a smart home appliance, or reading about the next big hack of a business.

The devastating effects that a security breach can have on an enterprise, coupled with the bright global spotlight on the issue, can give a very bad reputation to an enterprise. While most in leadership positions today recognize the elevated importance of data security risks in their organization, only few of them understand what action should be taken to address these risks.

 

Plus, despite the increased focus on corporate cybersecurity, there are still a number of common misconceptions and myths that seem to be difficult to remove. These are many superficial facts that, although often repeated, do not become correct. The problem is: If you follow and believe them, it quickly becomes dangerous.

 

Myth 1: A strong password protects access to sensitive accounts

Strong passwords are certainly an essential root for cybersecurity, especially in business. However, implementing and enforcing strong password policies is just the beginning, which needs to be complemented by other measures such as two-factor authentication and effective monitoring. In fact, one of the key components of cybersecurity prevention, which is often overlooked by businesses, is not how people access the information, but what information is actually accessible. Not only do employees need secure passwords, but companies also need to know who they can access. For example, the 2018 data risk report shows that in 41% of companies, all employees have access to at least 1,000 sensitive files – such as personal data, credit card or even medical information. In addition, many companies do not have a system for monitoring administrator access and have no idea what their users are doing with what data.

 

Myth 2: Hackers are not interested in SMEs

Myth is, that by looking at the coverage of cyber-attacks, one can easily conclude that these are first and foremost aimed at large corporations. But the reality is that according to the Verizon Data Breach Investigations 2018’s Report, 58% of victims of data breaches are small businesses (SME). There are several reasons for this, many companies are not specifically selected but are the victims of so-called “spray-and-pray” attacks. Hackers set up automated systems to infiltrate companies at random. In this way, any business, regardless of its size, can be victimized. In addition, smaller companies are typically “easiest” targets as they have less resources available for advanced security solutions and often lack qualified security teams. This also increases the likelihood that they will be victims of attacks.

 

Myth 3: Only certain industries are vulnerable to cyberattacks

Just as some companies believe they will not be attacked because of their size, others mistakenly believe that their industry is uninteresting to cybercriminals. This myth goes hand in hand with the belief that some companies have nothing “valuable” to steal. The reality is that all sensitive data, from credit card numbers – to addresses – to personal data, can turn a business into a disaster. And even if there’s really no data to sell on the Darknet, they can still be important to your business continuity, making companies vulnerable to ransomware attacks.

 

Myth 4: AV software protects me well

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Granted, this myth has faded a little recently, but is still prevalent. Antivirus software is certainly an important part of a company’s security, but it does not protect by anything. AV solutions are just the beginning of a comprehensive cyber security plan. To truly protect a business, you need a comprehensive security strategy that includes everything from employee training to identification, from inside threats to emergency management.

 

Myth 5: Insider can’t be threats

While external threats are certainly a problem and should be closely monitored, insider threats are at least as dangerous and should be closely monitored as well. Research even shows that insider threats account for up to 75% of privacy breaches. And these threats can come from anyone in the organization – from angry or dissatisfied employees seeking revenge or an ordinary employee with no cybersecurity training who fall for a phishing email. Therefore, it is important to have a system for preventing and monitoring insider threats, such as Intelligent User Behavior Analysis (UBA).

 

Myth 6: Cybersecurity is first and foremost a topic for the IT department

It goes without saying that IT has a great responsibility in implementing and reviewing policies to ensure cybersecurity for businesses, as well as implementing appropriate safeguards and solutions. However, the level of security of a business depends largely on the behavior of each individual employee. According to Verizon, 49% of the malware is installed via email. If employees are not trained in cybersecurity issues, such as recognizing phishing scams and avoiding insecure links, they could open up the company to potential threats.

 

Myth 7: A password-protected Wi-Fi network is secure

Mobile work has meanwhile become almost standard, we are continually on public during our lunch break in the branch of a coffee shop, on business trips or even on vacation. Unfortunately, many people mistakenly assume that a password ensures the security of a Wi-Fi network. In fact, Wi-Fi passwords primarily limit the number of users per network. Other users using the same password may be able to see the sensitive data being transmitted. Also, one should exercise caution in choosing the Wi-Fi access point, as it could well be at best dubious, hacker-installed hotspots. Mobile workers should therefore invest in VPNs to make their data more secure.

 

Myth 8: One can immediately identify infected computers and systems

About a decade ago, it could have been true that you could immediately tell if your computer was infected with a virus – indicative signs were pop-up ads, slow-loading browsers, and in extreme cases system crashes. And even today, ransomware is an attacking style that is very loud and ultimately lives from being noticed. As a rule, however, cybercriminals want to go about their business unrecognized in the systems for as long as possible. Modern malware is therefore difficult to recognize. Studies show that hackers are often on the victim’s network for days, sometimes months, before they are recognized.

 

Myth 9: 100% protection is possible

Cybersecurity is an ongoing process and not a one-time task that can be done and then ticked off. New malware and attack methods put systems and thus the company data in danger again and again. To truly ensure cybersecurity, all systems must be continuously monitored, internal audits must be performed, and emergency plans must be reviewed, tested and evaluated. And this process requires the involvement of all employees. An essential step here is – as already mentioned – the sensitization of the employees and the tidying up with the mentioned myths.

NTT Security Global Threat Intelligence Report 2018 – Focus on EMEA Industry

 

NTT Security has released its Global Threat Intelligence Report (GTIR) for 2018. The study revealed that financial sector became highest point of interest for cyber-attackers with an increase of 16% in attacks since 2016. On the second place, we’ve attacks against the technology sector, which increased about 25% in comparison of 2016. The retail, manufacturing, and finance sectors are in the list of top five attacked industry sectors in 4 of the 5 regions.

 

 

Global Industry Attack Rankings

 

In the globally used malware types, spyware/keyloggers are at the first position with 26%, followed by trojans/droppers on second place with 25% and virus/worms are on the third spot with 23%. The most common form of malware type named ransomware had a peak as well. From 75% of detected ransomware, there was 30% of Wannacry and 45% of Locky.

 

RANSOMWARE INCREASES AND TURNS DESTRUCTIVE

 

The study also examined the sources of the attacks, that is, from which regions or countries most attacks took place. Globally, the attacks came mainly from the US, followed by China, Nederland, Germany, France in EMEA region.

ATTACKERS CONTINUE TO USE REGIONAL SOURCES TO ATTACK

 

The report shows that in EMEA 20% of all cyber-attacks are directed against the business and professional service, in the ranking follow with 20% of attacks against the finance sector. Next, we have manufacturing with 18%; technology with 14 and government with 9%. In the picture below, you can see EMEA industry by attack source country and attack type.

 

As seen in the chart below, 20% of attacks only targeted business and professional services within EMEA. Attacks against financial services and manufacturing stayed almost similar to our 2017 results. Technology and government are top 5 most attacked sectors.
When we talk about business and professional services attacks, web application and application-specific attacks gained the highest score in EMEA, often appearing as the most common attack types regardless of the source country.

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Since NTT Security identified the business and professional services industry sector was highly targeted in this region, companies must understand that their cyber protection methods must keep pace with the changing environment of cyber attacks. With the emergence of worldwide attacks and persistent advanced threats, it’s clear that a new approach is needed for security. Traditional techniques are simply no longer appropriate for securing data against todays cyberattacks.

 

Persistent advanced threats and targeted attacks have shown their ability to infiltrate traditional security defenses and avoid detection for days while stealing valuable data or carrying out destructive actions. In addition, the companies you rely on most are among the most likely targets: financial institutions, health organizations, large private labels and others.

 

EMEA INDUSTRY ATTACKS

As the below graph shows, in the malware used in EMEA, Ransomware dominate with 29%, following by botnet clients activity with a percentage of 11 and on the third position we’ve spyware and keyloggers with 3%.

EMEA Top Malware

 

The Global Threat Intelligence Report 2018 includes data from all NTT Group companies, including NTT Security, NTT Communications, NTT DATA and Dimension Data, as well as the Global Threat Intelligence Center. Also included are research findings from NTT Security, including honeypots and sandboxes in more than 100 countries. For the GTIR 2018, the company has evaluated data from more than 6.1 trillion logs and 150 million attacks. The analysis of global threat trends is based on information about logs, events, attacks, incidents and vulnerabilities, and examines the latest trends in ransomware, phishing and DDoS attacks.

 

You can download this report from here.

 

Most Common Hacking Techniques Used by Cyber Criminals

In 2017, the world went head over heels: several cyberattacks caused billions of dollars worth of damage. Global market leaders and global logistics giants first became aware of security vulnerabilities in their systems and the vulnerability of their Operational Technology (OT). NotPetya and Petya, WannaCry and the Industry malware have shown that no industry is immune to serious attacks.
Fixing known IT vulnerabilities should be a standard practice in business – but often it is not. The processes between IT security and IT operations do not always work smoothly. If and when patching, no one is subjected to control. And then it happens: Malware spreads in minutes across the world, business processes come to a standstill and companies are overnight in the focus of international coverage. It “burns” from now on equal to an unknown extent.

 

Cybercrime is becoming an increasingly profitable business through automated and low-budget tools used by hackers. For example, a research conducted by IBM shows that global cost of data breach only in 2017 was $.141 million.The success of companies, in nowadays digital competitive era, depends on smoothly functioning IT systems. But new methods of attack require flexible, reliable protection measures. What precautions the seven most common attack techniques fend off, shows this article.

 

 

Widespread networking and digitization enable malicious attacks in a new dimension by exposing applications, business data, operational infrastructures, and the reputation of even well-known global companies. Hence, some IT security officers and board members had to take their hat off because of serious incidents. The cybercrime challenge is often intensified by reduced IT budgets and resources. Many organizations are no longer equal to today’s onslaught of cyber-attacks.

 

Recent attacks

 

Although cloud-based applications offer many business benefits, they also create a wealth of complex challenges and new risks. Hackers feel at ease in this fast-paced, ever-evolving environment. Often, they fool the attack on a specific target – and strike in a completely different place. To do this, they use seven techniques to cause maximum disruption and maximize their profit. These are malicious bots, web fraud, phishing, malware, DDoS, credential stuffing and ransomware.

 

  • A malicious bot is a malware designed to steal information or infect a host which is often used well before the actual attack. It helps to later distribute the malicious code or is part of an exploit kit. According to Verizon’s latest Data Breach Investigations Report, botnet attacks were used in 77% of web application security breaches. Click here to read 5 top botnets attacks of 2017.

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  • Web-based attacks are those that make use of web-enabled systems and services such as browsers and their extensions, websites including CMS and the IT-components of web services and web applications. In this type of fraud, hackers often resort to man-in-the-browser injection and distribute a trickbot via phishing, drive-by-download or SMB ports. Then a Java script is inserted into the e-commerce or banking pages in the user’s browser. This way, attackers gain credentials and can rob bank accounts.

 

 

  • Phishing email messages, websites, and phone calls are designed to steal money. Cybercriminals can do this by installingmalicious software on your computer or stealing personal information off of your computer or trick their victims into clicking on a link that infects their system with malware. Alternatively, the link points to a fake website that steals personal information. Last year the total share of spam, only in mail traffic, was 56.63%.

 

 

  • In Credential stuffing type of hacking, hackers secure user credentials by breaching a system, and then attempts to use those credentials with other systems by using automated tools. Users who use same passwords for different accounts and use multiple times are likely to have their credentials stolen.

 

 

  • DDoS attacks range from a reckless prank to targeted actions for protest or revenge, to theft or blackmail. Ransomware is also a major problem here, encrypting the victim’s data and demanding ransom for decryption. Attackers often use easy-to-access DDoS tools that interfere with service availability and enterprise performance. There are currently four major attack types: TCP Connection Attacks, Volumetric Attacks, Fragmentation Attacks, Application Attacks. The most dangerous DDoS techniques combine volumetric attacks with targeted, application-specific attacks.

 

 

Possible Countermeasures

 

To guard against these attack techniques, security experts recommend a robust Web Application Firewall (WAF) as a safeguard against cyber-attacks. A modern WAF allows the victim an offensive counter-stroke with sophisticated bot detection and prevention. This is crucial because most attacks are started by automated programs. A WAF assists the security team in identifying login attempts that are not made through a browser. It analyzes the behavior and takes into account factors such as the location of the IP address, the time of day and the number of connection attempts per second.

WEB APPLICATION FIREWALL

With the right WAF solution, your organization gains a multilayer defense that uses both direct and indirect methods for preventing and mitigating bot damage:

  • Direct: The direct method works by actually detecting and responding to bad bots using threat intelligence and bot classic cation for newly discovered bots.
  • Indirect: Indirect protection mitigates or thwarts the actions of bots (e.g. account takeovers), without having to actually detect the bot itself. A combination of both delivers comprehensive protection of your enterprise’s critical web assets.

 

Also important: The data in the browser and in the mobile application must be encrypted throughout. Then the information remains protected during both use and transmission, and each interception attempt yields unreadable data. As an added security measure, encryption of the form parameters on the client side can be enforced. Automated tools for credential stuffing then have difficulty completing the login page correctly. When the bots provide unencrypted credentials, a system alert is triggered informing the security team that a credential stuffing attack is taking place.

In addition, companies should define policies that allow users to change their passwords on a regular basis and report potential incidents and attacks to the IT department. This is true even on suspicion that you have just clicked on a malware link or received a phishing email.

 

Conclusion

In the race between companies and cybercriminals, a fast and reliable detection of threats is crucial. Greater transparency, context knowledge and control are therefore essential for the protection of infrastructures, applications and sensitive data. Companies need to adapt their strategy to protect applications with modern security tools and focus their resources on warding off attacks by malicious hackers. Only then will your business run smoothly, quickly and safely.

Cyber ​​Security Predictions- What to Expect in 2018

It is well known that the fourth industrial revolution opens up a multitude of new business opportunities. In parallel, the danger for cyber-attacks is also increasing. It is important that companies prepare for it.

Not only should they think about security solutions directly when planning IT technology, but they should also develop a keen awareness of the corporate culture for security – which requires significant investment. According to estimates by Gartner, security spending for 2018 will continue to rise sharply globally, reaching $ 93 billion. For the coming year, this means that Cyber Security will capture some of the key trends.

 

IT security experts are still in demand

 

As technology evolves, security expertise needs to adapt to changing needs. The challenge is to train cybersecurity specialists to acquire and develop the skills they need as quickly as possible. According to the Cyber Security Ventures Report, it is predicted that there will be around 3.5 billion unfilled cybersecurity jobs by 2021. The responsibility lies in the hands of governments, universities, schools, and companies to meet this need.

 

Protection and resilience

 

In this day and age, it is difficult to completely avoid security gaps. Therefore, you shouldn’t just ignore them, but make appropriate arrangements. As a result of this development, the resilience of the IT infrastructure will become more of a focus, and not just prevention alone. For companies, it is important to talk openly about their own weak points, to raise awareness and to show responsibility. Funds currently used to prevent cyber-attacks may need to be redistributed to detect security threats in time and to remain operational in the event of an attack.

 

Next-generation security solutions are driven by digital ecosystems

 

In IOT hype era, the protection of customer data becomes more and more important. Vulnerabilities exposing sensitive data can have serious consequences as companies will be held accountable for personal data in the future. This ownership is a major challenge for companies, and the responsibility to ensure a degree of security for their users lays on technology manufacturers. As the need for cybersecurity solutions and regulations grows, companies need to develop appropriate strategies to minimize any risk. These strategies should not only meet today’s expectations but also incorporate new business models promoted by new technologies.

 

Cyber-attacks increasingly sophisticated

 

Of the e-mails received, around 70% are spam and the majority of them contain phishing messages. Other known threats include rogue Trojan horses, malware or distributed denial-of-service (DDoS) attacks. Over the past few months, they have led to massive data loss and continued to make company or customer data vulnerable to cybercriminals. With 93% of the attackers, the money is in the center. Hackers try to gain the highest possible profit through simple tricks and are often successful in smaller companies with inadequate security solutions.

 

New technologies: a blessing and a curse at the same time

 

Innovative technologies enable cybercriminals to use sophisticated methods for their attacks. But these innovations can also help build and reinforce defense and protection against hackers. A major threat, for example, comes from artificial intelligence (AI) applications. However, AI can also be used to detect potential risks faster. How important AI is for IT security is an outlook on the global market for artificial intelligence solutions: according to a recent study, it will grow to $ 18.2 billion by 2023. Likewise, the Internet of Things, with an estimated circulation of 22.5 billion networked items, is both a driver of innovation and a door opener for increased threat potential, according to a Business Insider platform report. On the one hand, security becomes a challenge, but on the other hand, the data generated by Internet-enabled devices can help detect breaches early.

 

The focus is on vertical industries

 

While cyber attacks affect all sectors of the economy, there are still some key sectors that are likely to be particularly vulnerable to cyber attacks:

 

  • The Financial Sector, BFSI: (Banking, Financial Services and Insurance): The BFSI sector is under increasing pressure. This is due to competitors with digital assistances and the constant pressure to modernize their existing systems. The value of customer data is increasing as customers demand more comfortable and personalized service. Nevertheless, trust remains crucial. According to a recent study, about 50% of customers in the UK would change banks as a result of a cyber-attack, while 47% would completely lose confidence. Large-scale cyber-attacks have already left a large number of banks victims of a hacker attack. This shows that the sector has to adapt to these risks. So, it’s important that banks invest more in security solutions to ensure 24/7 protection.

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  • Healthcare: More and more patient is having digitized medical records. In addition, artificial intelligence and web-enabled devices will increase the speed of diagnosis and improve patient care. However, the integration of personal data and Internet-enabled devices also involves risks. Earlier this year, Experian predicted that the healthcare sector would be the most affected market by cyber-attacks, as some examples have already shown. This means that the health sector should similarly invest in risk analysis as the banking sector. In addition, the implementation of industry-wide standards is needed.

 

  • Retail: In the retail market, customized shopping experiences are becoming increasingly important, so data analysis tools help retailers implement them. However, there is also a great responsibility to protect this data, which can include more than just shopping habits and login data, but also account details and addresses. Thanks to Internet technologies, augmented reality and face recognition, the shopping experience is becoming increasingly networked, but here, too, stronger networking also entails a greater risk of data loss. Therefore, the creation of a resilient strategy approach is also crucial for the retail sector.

 

  • Telecommunications: Telecommunications companies as Internet service providers are among the industries that are at increased risk for cyber-security. They should include security measures in network infrastructure, software, applications and endpoints to minimize the risk of customer vulnerabilities and data loss. Nowadays, consumers are increasingly wondering who they entrust their data to. For service providers, this is a good opportunity to provide additional security services. In addition, a collaboration between competitors may increase cyberattack resilience.

 

What does this mean for the year 2018?

 

Overall, it can be seen that companies in all industries, as well as individuals, need to improve their cybersecurity awareness, identify the risks, and take appropriate countermeasures. Key competitive advantages are companies investing in security solutions. At the same time, cyber-security must also become an issue for state governments and at the international level where laws and regulations must be adapted accordingly. In addition, governments must invest in training and education or disclosure of cyber-threat threats.

Enterprise Endpoint Security – Rules to Protect from Advanced Malware and Security Breaches

Businesses struggle to protect themselves from security breaches. They implement various security tools and solutions to protect their networks, applications, clouds, and endpoints. They strive to comply with regulations. Their security teams are combing seemingly endless security alerts. Nevertheless, there is a steady increase in successful cyber attacks. Palo Alto Networks, Gartner Magic Quadrant Firewall Leader for Sixth Year, takes a close look at the enterprise security for endpoints, which are still in the hands of antivirus solutions in many places.

Palo Alto Networks notes that threats and attackers have evolved, but many security solutions have not. The current threats are more sophisticated, more automated, cheaper to run and can take various forms. The attackers act in a larger style and at a faster pace. Many companies are not prepared for this. All this has escalated in recent years, according to Palo Alto Networks, while many security tools, solutions, and platforms have maintained the same practices as decades ago. Antivirus is a perfect example of how an approach is increasingly unsuitable for protecting systems from security breaches.

The following are the four key requirements that Antivirus cannot address, but which should cover an effective endpoint security solution:

 

  1. Cybersecurity incidents are on the rise, without any end!

To control security breaches and data loss, companies implement a range of different security solutions on the endpoints. Unfortunately, these solutions, and in particular traditional antivirus products, are struggling with the protection of enterprise systems – and often fail. This has led to an increase in the frequency, variety, and complexity of security breaches.

The security industry focuses primarily on improving detection and response time, which means that only the window is narrowed down from the time of an attack to the time an attack is detected. This does not add much to the need to protect valuable data before a company suffers a security incident. In order to reduce the frequency and impact of security incidents, there must be a shift away from post-incident detection and response, after critical resources have already been compromised, and towards prevention. It is important to prevent the attackers and threats from ever entering the company.

 

  1. Antivirus solutions aren’t effective in case of preventing successful cyber attacks

Cyber attackers often use free and cheap tools to generate new and unique, encrypted or polymorphic malware that can bypass detection by traditional signature-based antivirus programs. Attacks using unknown exploits and zero-day exploits are able to dodge antivirus protection. To protect against such techniques, an effective endpoint security solution must be able to protect the endpoints from known and unknown malware and exploits in the core phase of the attack.

 

  1. Mobile users increasing demand from businesses to secure endpoints outside the traditional networking edge

Organizations are opting for cloud-based software-as-a-service (SaaS) and storage solutions to connect to internal resources from anywhere in the world, both within and outside the company’s network. These services and solutions synchronize and distribute files across the enterprise, streamlining enterprise data processing and sharing. But they may also burden the entire company with malware and exploits. Threats such as malware distribution, accidental data disclosure, and exfiltration contribute to this threat in SaaS applications.

Cyber-attacks target end users and endpoints where the network is not fully observable, so employees outside the corporate network are more likely to encounter malware. To address these threats, endpoint security must also protect the systems beyond the traditional network perimeter.

 

  1. Enterprises have problems with patch management and the protection of end-of-life software and systems

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Weaknesses in applications and systems can always be expected. The problem is that vulnerabilities exist long before the release of patches and the implementation of patches, critical or not, is not guaranteed. In addition, companies that use legacy systems and software that have reached the end of their useful life are particularly vulnerable as security patches are no longer available. As a result, these companies can be exposed to risks that are unknown and difficult to control.

Situations such as these pose an opportunity for attackers to exploit these vulnerabilities and compromise unpatched applications and systems. With the growing number of software vulnerabilities discovered each day and exploit kits available in the underground market, even “hobbyists” have the ability to launch sophisticated attacks. Protecting un-patched or legacy systems and software requires an effective security solution that defends against both known and unknown threats.

 

Three ways to measure endpoint safety

 

Companies should choose security products that deliver both total costs of ownership and security effectiveness. This effectiveness is measured by the ability of the technology to perform at least these three core functions:

 

  1. Performance of the intended function

Does the technology provide the security function it should perform? Two primary attack vectors are used to compromise endpoints: malicious executables (malware) and vulnerability exploits. Effective endpoint security products must ensure that endpoints and servers are not compromised by malware and exploits. They also need to prevent both known and unknown variants of malware and exploits.

 

  1. Essential resolution

Does the solution prevent attackers and users from bypassing its security features? No security tool or security technology is designed to be easily bypassed. If attackers or end users are still able to bypass the intended function of the technology, they will not fulfill their original purpose. An effective endpoint security platform should not allow attackers to bypass security or cause performance problems that could cause users to disable them.

 

  1. Flexibility

Is technology evolving to cover and protect new applications, systems, and platforms? A few decades ago, the frequency and complexity of cyberattacks were rather low. Endpoint security tools are designed to prevent viruses from infecting the systems. However, today’s threat landscape is radically different, reducing endpoint security tools such as antivirus programs to reactive detection and response tools.

 

Security products must take a proactive approach to adequately protect endpoints. In order to reduce the frequency and impact of cybersecurity violations, Palo Alto Networks believes that accent must be placed on prevention.

Businesses should choose security products that offer the highest level of security. The effectiveness of a security solution can be measured by its ability to meet the three requirements above. A state-of-the-art endpoint protection solution is capable of doing so and can easily handle the above-mentioned four security challenges in enterprises.

#CyberSecurity Landscape in 2018 – The focus is on vertical industries

It is well known that the fourth industrial revolution opens up a multitude of new business opportunities. At the same time, however, the danger for cyber-attacks is also increasing. It’s imperative that companies prepare themselves to put them out of danger zone.

Not only should they think about security solutions directly when planning IT technology, but they should also develop a keen awareness of the corporate culture for security – which requires significant investment. According to Gartner’s estimations, security spending in 2018 will continue to rise sharply globally, reaching around $ 93 billion. For the coming year, this means that Cyber Security will capture some of the key trends.


IT security experts are still in demand

As technology evolves, security expertise needs to adapt to changing needs. The challenge is to train cyber security specialists to acquire and develop the skills in order to become companies “superheros”. Cyber Security Ventures Report predicts there will be 3.5 million cybersecurity job openings by 2021 and 3.5 million will be unfilled. The responsibility lies in the hands of governments, universities, schools and companies to meet this need.


Protection and resilience

In this day and age it is difficult to completely avoid security gaps. Therefore, you should not dismiss them as improbable, but make appropriate arrangements. As a result of this development, the resilience of the IT infrastructure will be more in focus, and not just only prevention. For companies, it is important to talk openly about their own weak points, to raise their awareness and to show responsibility. Funds, till now used to prevent cyber-attacks, must be redistributed to detect security threats in a timely manner and to remain operational in the case of an attack.


Next-generation security solutions are driven by digital ecosystems

In times of the internet of things the protection of customer data becomes more and more important. Vulnerabilities exposing sensitive data can have serious consequences as companies will be held accountable for personal data in the future. This ownership is a major challenge for companies, and it is the responsibility of technology manufacturers to ensure a degree of security for their users. As the need for cyber security solutions and regulations grows, companies need to develop appropriate strategies to minimize any risk. These strategies should not only meet today’s expectations, but also incorporate new business models promoted by new technologies.


Cyber-attacks increasingly sophisticated

Of the e-mails received, around 70% are spam and the majority of them contain phishing messages. Other known threats include rogue programs as Trojan horses, malware or DDoS attacks. Over the past few months, they have led to massive data loss and continued to make company or customer data vulnerable to cybercriminals. With 93% of the attackers, the money is in the cEnter – this shows the latest report from Verizon. Hackers try to gain the highest possible profit through simple tricks and are often successful in smaller companies with inadequate security solutions.


New technologies: a blessing and a curse at the same time

Innovative technologies enable cybercriminals to use sophisticated methods for their attacks. But these innovations can also help build and strengthen defence and protection against hackers. A major threat, for example, comes from artificial intelligence (AI) applications. However, AI can also be used to detect potential risks faster. How important AI is for IT security is an outlook on the global market for artificial intelligence solutions: according to a recent study, it will grow to $ 18.2 billion by 2023. Likewise, the Internet of Things, with an estimated circulation of 22.5 billion networked items, is both a driver of innovation and a door opener for increased threat potential, according to a Business Insider platform report. On the one hand, security becomes a challenge, but on the other hand, the data gained through Internet-enabled devices can help detect breaches early.


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While cyberattacks affect all sectors of the economy, there are still some key sectors that are likely to be particularly vulnerable to cyberattacks:

 

The Financial Sector, BFSI (Banking, Financial Services and Insurance): The BFSI sector is under increasing pressure. This is due to competitors with digital offerings and the constant pressure to modernize their existing systems. The value of customer data is increasing as customers demand more comfortable and personalized service. Nevertheless, trust remains crucial. According to a recent study, about 50% of customers would change banks as a result of a cyber-attack, while 47% would completely lose confidence. Large-scale cyber-attacks have already left a large number of banks victims of a hacker attack. This shows that the sector has to adapt to these risks. So it’s important that banks invest more in security solutions to ensure 24/7 protection. Shared Ledgers will significantly shape the future of the banking sector. The most popular technology, Block chain, will be the backbone of cryptocurrencies like Bitcoin. The block chain method provides permanent records of transactions. It is thus part of the accounting control procedures that cannot be manipulated – and have the potential to completely redesign the BFSI sector.

 

Healthcare: More and more patient data is digitized. In addition, artificial intelligence and Internet-enabled devices will increase the speed of diagnosis and improve patient care. However, the integration of personal data and Internet-enabled devices also entails risks. Earlier this year, Experian predicted that the healthcare sector would be the market most affected by cyber-attacks and WannaCry ransomware, as some examples have already shown. This means that the health sector should similarly invest in risk analysis as the banking sector. In addition, the implementation of industry-wide standards is needed.

 

Retail: In the retail market, customized shopping experiences are becoming increasingly important, so data analysis tools help merchants implement them. However, there is also a great responsibility to protect this data, which can include more than just shopping habits and login data, but also account details and addresses. Thanks to Internet technologies, augmented reality and face recognition, the shopping experience is becoming increasingly networked, but here, too, stronger networking also entails a greater risk of data loss. Therefore, the creation of a resilient strategy approach, such as in the banking and healthcare sectors, is also crucial for the trade.

 

Telecommunications: Telecommunications companies as Internet service providers are among the industries that are at increased risk for cyber security. They should include security measures in network infrastructure, software, applications and endpoints to minimize the risk of customer vulnerabilities and data loss. Nowadays, consumers are increasingly wondering who they entrust their data to. For service providers, this is a good opportunity to provide additional security services. In addition, collaboration between competitors may increase cyberattack resilience.

 

Manufacturing industry: Even the manufacturing industry is not safe from hacker attacks. According to an IBM study, the production industry is the third most vulnerable sector to hackers. In this area hackers focus mainly on spying on data as they are very lucrative. The main objectives are networked machines, robots and 3D printers. Vulnerabilities enable attackers to get production plans. In addition, they can intervene in processes and sabotage productions. These vulnerabilities not only cause high financial damage, but also the lives of factory workers can be at stake. Manufacturers should therefore continue to monitor their production line for vulnerabilities and implement control mechanisms that limit access to other areas of the production system when an area is already affected.

 

Authorities: No organization is immune to security breaches and data misuse, not even government agencies. The main target of attack is data stored in the ministries, from voter information to military defense plans. While governments around the world are increasing their cybersecurity budgets and striving to integrate them as quickly as possible, there are still opportunities for criminals to avoid them. Some organizations are already focusing on funding programs that use white-hat hackers to test the IT system and identify potential vulnerabilities for payment. With the growing number of hacker attacks per year, investment in security is becoming more and more important to governments around the world.


What does this mean for the year 2018?

Overall, it can be seen that companies in all industries, as well as individuals, need to refine their cybersecurity awareness, recognize the risks, and take appropriate countermeasures. Key competitive advantages are companies investing in security solutions. At the same time, cyber security must also become an issue for state governments and at the international level, and laws and regulations must be adapted accordingly. In addition, governments need to invest in education and disclosure of cyber-threat. New regulations also play an important role here, enabling, for example, telecommunications providers to develop and implement suitable solutions against cyberattacks.

2017 Digital Evolution Report – CyberCrime, Digitization, Blockchain and Artificial Intelligence

Cyber-crime, Smart-Cities, Digitization, Blockchain and Artificial Intelligence are those words which really got the hype on the platform of IT in 2017. Cybercriminals have smacked many companies many times. Digitization is progressing despite lame internet connections. Blockchain became Gold Chain and Artificial Intelligence is experiencing an incredible revival.

Key Technologies 2017

Ransomware: The ransom and the cyber blackmailer

 

Ransomware remains a leader in digital security threats. According to ITRC Data Breach report, in 2015 more than 177,866,236 personal records exposed via 780 data security breaches, and the previous mentioned number lift up to 30% in 2016 with security breaches arising on multiple fronts, companies, healthcare systems, governmental and educational entities, and individuals started to realize how real the threat of cybersecurity attacks was. 2017 so far, was a very highlighted year for cyber-crimes. 519 Cyber-attacks were placed from Jan 2017 until September 2017 affecting financial sectors, health-care sectors, gaming companies, containing information about credit cards, health data of billions of people around the world. With all these attacks phishing, spying on webcams or networked household appliances (IoT) remain risky.

 

Very popular in this year’s cyber attack list are the #wannacry and Equifax data breach attacks. These attacks unbaled 300000 computer systems for 4 days and affected financial data on more than 800 million customers and 88 million businesses worldwide and more than 45% of all detected ransomware.

Cyber policies are currently very much in vogue, but in which cases of damage do these insurances actually comes in? ABA, American Bankers Association, explains how companies should best go about finding a suitable policy and what makes good cyber insurance.

 

The General Data Protection Regulation (GDPR): What needs to be changed?

 

Companies only have a few months left to prepare for the new European #DataProtection Regulation. On 25 May 2018, all companies managing personal data of citizens of the European Union will be required to comply with the new regulations and requirements of the General Data Protection Regulation (GDPR).

This regulation will impose significant new obligations on companies that manage personal data, as well as severe penalties for those who’ll violate these rules, including fines of up to 4% of global turnover or € 20 million highest amount being withheld. But what is to change concretely? Here is a “Guide to compliance with the EU GDPR” and a framework to become step by step GDPR-fit.

 

Digital Transformation: Slow Internet connections as a brake pad

 

Digitization is progressing, but most users still complain about slow Internet connections. Despite the 7th place in the worldwide internet ranking, Belgium is still far behind the world’s fastest internet country. Notwithstanding all the shortcomings of the national IT infrastructure, companies are dealing with the technical and organizational challenges that result from the digital IT transformation.

 

The crazy rise of Bitcoin

 

In the period of a year the value of bitcoin has been multiplied by ten. A bitcoin was worth “only” 1000 dollars on January 1, 2017 … and 8000 dollars ten days ago. In April 2017 Japan officially recognised bitcoin and virtual currencies as legal methods of payment. You should know that Bitcoin represents less than 50% of the money supply of all cryptocurrencies in circulation. this is partly explained by the network situation and the rise of the Ethereum currency. Even if bitcoin is a legal in the vast majority of countries around the world, only a few governments have recognized the legal status of bitcoin in a particular regulatory manner.

 

IoT Projects: The 5 Biggest Mistakes and the Five Steps to Success

 

Closely linked to Digital Change is Internet of Things (IoT) and Industry 4.0 projects. Pioneers already pointed out the four biggest mistakes in IoT projects. If a company wants to exploit the potential of the IOT, it means a lot of work and often frustration – the technical, commercial and cultural challenges are manifold. Until an IoT solution is successfully established on the market, many decisions have to be carefully considered.

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But how does an IoT project succeed? Four steps are needed to make an IoT project a success.

 

Blockchain: The new gold chain

The blockchain is a much-debated technology with disruptive potential and three key characteristics: decentralization, immutability, and transparency. It could help to automate business processes, increase the security of transactions and replace intermediaries such as notaries or banks. Blockchain turns out to be the silent revolution that will change our lives. On top of that, it can turn into a gold chain for early adopters.

 

Cloud: Companies use public cloud despite security concerns

For years, companies have avoided the public cloud, as it is difficult to get a grip on in terms of security. However, this year, companies in the EMEA region increased their investment in the public cloud despite ongoing security concerns and lack of understanding of who is responsible for data security. However, caution is still needed to provide attacks such as wannacry.

 

Artificial intelligence

In 2016, Gartner put artificial intelligence and advanced machine learning in first place in its forecast for 2017, stating that this trend was really pronounced during 2017. Briefly 80 % of companies have already invest in Artificial Intelligence (AI). Nevertheless, one out of every 3 deciders believes that their organization needs to spend more on AI technology over the upcoming years if they want to keep pace with their competitors. Artificial intelligence penetrates into all areas of life. But how does it work?

One example is the automated and personalized customer approach to AI. With personalized campaigns and individual customer approach, the marketing of the future wants to win the battle for the buyer. As a rule, the necessary data are already available in companies, but the resources and software tools for their profitable use are not.
In 2018 Businesses will have an availability of AI-supported applications and should therefore focus on the commercial results achieved through these applications that exploit narrow AI technologies and leave the AI in the general sense to researchers and writers of science fiction;

 

The future of the human worker

AI systems can be used without a doubt. The world is becoming increasingly complex, which requires a thoughtful and wise use of our human resources. This can support high-quality computer systems. This also applies to applications that require intelligence. The flip side of AI is that many people are scared about the possibility of smart machines, arguing that intelligence is something unique, which is what characterizes Homo Sapiens. Not only that but many people still think that Artificial intelligence is the new threat to employment. It will replace the man and steal all the jobs. And they thinks that the future is dark.

Yet technological progress has never caused unemployment. On the contrary, since the industrial revolution, employment has multiplied. But, always, with each progress, fears resurge. Today, it is artificial intelligence that scares, or is used to scare. Economic history, and economic science therefore invites us to remain calm in the face of technological progress in general, and artificial intelligence in particular. By allowing the invention of new things to be exchanged, by stimulating entrepreneurship, it is not a danger but only an opportunity.

 

DATA based business models

Data Driven Business Model puts data at the center of value creation. This central place of data in the Business Model can be translated in different ways: analysis, observation of customer behaviour, understanding of customer experience, improvement of existing products and services, strategic decision-making, and marketing of data.

These data can be gathered from different sources, generated directly by the company, processed and enriched by various analyses and highlighted by data access and visualization platforms. Once data is collected, It’s essential to manage the multiple sources of data and identify which areas will bring the most benefit. Tracking the right data points within an organization can be profitable during the decision-making process. This allows an organization’s management to make data-driven decisions while amplifying synergy within the day-to-day operations.
As for revenue models, these can be based on a direct sale of data, a license, a lease, a subscription or a free provision financed by advertising.

 

Survey : Is #CyberSecurity just a discussion topic or a Top Priority?

A Fortinet survey reveals that #CyberSecurity isn’t a top management priority for nearly half of IT decision makers. Respondents believe that the shift to the cloud as part of the company-wide digital transformation will focus more on security.

 

Fortinet announced the results of its new Global Enterprise Security Survey on corporate enterprise security. The survey results show that despite spectacular cyberattacks, nearly half of IT professionals in companies with over 250 employees complain that cybersecurity board members do not give them enough priority or attention. At the same time, however, many IT experts expect the topic of security to become more important as a result of the shift to the cloud as part of the digital transformation within the company.

 

Focus on Cybersecurity

 

Christian Vogt, Fortinet’s Senior Regional Director, said: “Over the years, we’ve seen companies invest more in cybersecurity and more senior executives see it as part of the overall IT strategy. With digital transformation in business and adoption of technologies like the cloud, cybersecurity is no longer just an IT investment, but a strategic business decision”.

 

 

In today’s digital economy, the issue of security, for more and more corporate management, must be a high priority in the basic handling of risks. Only such risk management strategy can better position companies to successfully master their digital transformation.

 

Main results of the survey

 

 

Is Cybersecurity an investment

 

  • 48% of IT decision makers confirm that Cybersecurity is still not one of the top priorities of senior management. However, this isn’t really reflected in the budgets.
  • 61% of companies said they spend over 10% of their IT budget on security, which is considered as a high investment.
  • 71% of respondents said that their IT security budget had risen compared to the previous year.
  • 77% of respondents want the cybersecurity board to better test IT security. IT decision makers are firmly convinced that cybersecurity should be given high priority by management.

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Main reasons why cybersecurity is becoming a top priority

 

The strongest impact on IT investment decisions is the need for ongoing improvements to the IT security infrastructure, which 77% of respondents, IT decision-makers, identified as an important factor.

 

cybersecurity a priority

 

  • In the last two years, 85% of the surveyed companies reported an increase in security breaches and global cyber attacks. The most common attack vectors were malware and ransomware and data breach: 47% of respondents said they had experienced such an attack before.
  • 49% of IT decision makers reported a stronger focus on IT security after cyber attacks around the world, such as #WannaCry. With the scale and nature of global cyber-attacks, corporate leaders are increasingly concerned with security. Therefore, security is no longer just a discussion topic in the IT department.
  • 34% of respondents affirmed increasing regulation, such as #GDPR for European data, as another major reason for the growing awareness of security at the highest level.
  • Conversion to the Cloud Affects Security Priorities. By integrating the cloud as part of the digital transformation within the company, 74% of IT decision makers believe that cloud security is becoming a priority.
  • 77% of the respondents are convinced that cloud security – together with corresponding investments in security – is becoming increasingly important to the board.
  • As a result, half of the respondents (50%) want to invest in cloud security within the next twelve months.

 

About Survey:

 

The Fortinet Global Enterprise Security Survey 2017 was done by Fortinet in July and August 2017 to investigate companies’ attitudes towards security issues. The global study inquired IT decision makers with responsibility or insight into IT security. A total of 1,801 participants from 16 countries (USA, Canada, France, UK, Germany, Spain, Italy, Middle East, South Africa, Poland, Korea, Australia, Singapore, India, Hong Kong and Indonesia) anonymously participated in the survey.

 

Additional Resources

 

#Healthcare Sector – Center of #Cyberattack

HEALTHCARE CYBERATTACK

Nearly 90% of healthcare organizations have been hacked in the last two years. In addition, almost half of them have been exposed to cybercrime more than five times. In 2016, there was not a single week without data piracy or a cyber-attack targeting a health organization somewhere in the world. To be more precious, only during the first three months of 2016, several hospitals were attacked by ransomwares, mostly via blocked access to essential systems for weeks damaging more than 50000 patients records. In 2017, 150 countries were affected by ransom attacks. These number shows that healthcare sector is technically unprepared to combat cybercriminals’ tactics techniques and intrusion procedures.

 

Multiple Vulnerabilities:

Indeed, healthcare organizations are very attractive targets for cybercriminals because they collect, share and store large amounts of highly sensitive personal data, such as medical or banking information, data on insurance and many other details. They also use many connected devices, including highly specialized medical equipment, as well as computers for staff and a growing number of mobile devices. And that’s not to mention the vulnerabilities of medical devices, such as pacemakers or insulin pumps.

 

Intelligent reflections on high technology are currently under way. The problem lies in the fact that most people working in the health field focus primarily on the patient, which is totally normal as far they aren’t cybersecurity specialists. Moreover, like most end users, they are vulnerable to the same types of attacks by cybercriminals to steal information and cause operational damage in other sectors of the industry. However, it would seem, that the main difference is weakness of each sector. According to the findings of the Healthcare Information and Management Systems Society (HIMSS), too many organizations specialized in the field of health do not deploy even the most basic security solutions, such as malware protection tools, firewalls or very simple cryptographic solutions, which is the main cause of this problem.

 

In the other hand, many health organizations do not have to worry about the gaps, concerning cybersecurity, in their systems:

 

  • 86% installed tools against malware
  • 81% use firewalls
  • 64% encrypt the data being transferred and 59% encrypt the stored data
  • 57% deal with patch and vulnerability management
  • 52% installed a mobile device management tool
  • 41% use a Web security gateway and 37% use a security gateway for their email

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Everyone is suffering, and you?

 

No one is better informed about vulnerabilities in the IT systems of the Healthcare sector than cyber criminals themselves. In a black market filled with credit card information and stolen login credentials, medical records, which usually offer the almost complete profile of the individual to whom they belong, are a highly coveted source of enrichment. Even if the data were to lose market value, cybercriminals will continue to design ransomwares and malicious programs to encrypt important data and “hold them hostage” until the organization pays a ransom; no buyer is more willing to pay than the organization that owns this data and absolutely needs it.

 

Cybercriminals are not the only ones to be on the lookout; Wherever they are, health organizations are subject to data protection regulations. The objectives of the European Union’s General Data Protection Regulation (RGPD) to the Health Insurance Portability and Accountability Act (HIPAA) are virtually identical: to ensure the protection of sensitive credentials of all individuals.

 

Medical records are lucrative for a good reason: they usually contain data that remains valid for many years. Whether it is the date of birth, social security number, insurance information or banking data, medical records include all the elements criminals need to launch personalized phishing attacks, commit fraud and Identity theft, or simply monetize information. To obtain this data, they use malicious programs, phishing techniques, as well as malicious web sites, and exploit the vulnerabilities of hard disks and programs of health organizations.

 

Moreover, impaired data involve risks that go beyond financial fraud: they pose a real threat to the safety of the patient. Who are you dealing with? Is this the right medicine and the right dose? Who owns this MRI that I am reading? Is this patient on a diabetic diet? Is the data sharing of this patient secure? Who has access to this data, who can copy them on an external storage device, take them home on his laptop? Is the person I prescribe this prescription really the one she claims to be? Is this person truly a qualified physician or has he / she stolen the identifiers of another?

 

In this environment, protecting the authenticity of data, transactions, access and presence on all systems (and the devices connected to them) isn’t an easy task. As these threats continue to evolve, Healthcare organizations must take an equally agile approach to cybersecurity. A solution based on access to the latest information on threats and available in the Cloud can help them keep abreast of developments in cybercrime techniques. Automatic learning combined with optimal human expertise can certainly help healthcare organizations to anticipate, prevent, detect and respond quickly and appropriately to threats.

 

Piracy, Malicious Attacks and Phishing attacks

 

Criminal attacks are the main cause of data piracy in the health sector and account for 50% of cases. In the course of 2016, a significant number of unwanted e-mails with attachments and malicious links were recorded. Spam and phishing are particularly noteworthy because they are one of the most common and simple ways cybercriminals use to launch attacks and access systems, steal information, or run ransomwares.

 

Healthcare organizations must protect sensitive patient data and business applications from the threats they face. It is preferable for healthcare organizations to adopt an agile approach to cybersecurity that allows them to use the most up-to-date information on threats rather than relying on the widely used traditional techniques for which cybercriminals have developed solutions.

#CyberCrime: Is your #ECommerce Secure enough for Growth?

Advances in technology, logistics, payments, coupled with increasing internet and mobile access have created more than US $1.9 trillion global online shopping arena, where millions of consumers no longer ‘go’ shopping, but literally ‘are’ shopping, at every moment and everywhere via different devices.

The development of each e-commerce business relies heavily on the user experience. But what happens when technologies that aim to optimize this experience can also be the reason of cybercrime?

 

More and more economic sectors are transforming by technology and e-commerce. Improved customer experience, simplified supplier relationships, development of digital marketing operations, disruption of sales techniques are the benefits of these new technologies. While vendors have enthusiastically embraced new technologies, they have been less responsive to cybersecurity:

 

  • 55% say they haven’t invested in this area in the last 12 months
  • 69% of European traders say they have been targeted by cyber attacks
  • 53% of all retail fraud, in the UK, occurs online and represent an overall loss amounting to 100£ million

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When we look at those high level cyber-attacks of companies such as, Target and Home Depot, which have allowed more than 100 million customer records to be hijacked, or we look at #Wannacry worldwide #CyberAttack which infected more than 230000 computer over 150 countries,  it’s very easy to understand why customer’s trust can be affected.

 

  • 19% of consumers say they are willing to stop buying from a cyber-attacked vendor
  • 33% say they would avoid buying from a seller who had been hacked in the last three months for fear of exposing their personal data.

 

Clearly cybercrime does not only affect the perception of clients; E-commerce companies are among the most affected players in recovering from a cyber-attack or an infraction: a study indicates that they need 33 hours to solve problems caused by piracy, 26% reported delays with their customers, and 93% of attacks had affected their ability to function.

 

The same statistics also indicate that cybersecurity is only beneficial to organizations. It’s an element of differentiation, which protects technologies and preserves the continuity of activities. To combat cyber threats, e-traders must be as skilled as cybercriminals. Therefore, #CyberSecurity needs to be integrated at the beginning of any innovation or transformation processes, not added on later. Proper integration into your strategy from the beginning can help you turn your cyber risk into opportunity. Plus, cyber security solutions that can evolve and adapt while leveraging the latest information on threats are essential. However, given the number of channels to be protected, it is important that cybersecurity remains simple, does not create heavy administrative tasks and does not lose sight of the essential: business!

 

Size doesn’t matter!

 

Many small and medium-sized enterprises mistakenly think they are not a target for cybercriminals. The reality is quite different: not only they do have attractive data for criminals, but they are also known for the weakness of their security solutions, making them easy prey:

 

  • 43% of cyber-attacks target small businesses
  • 60% of small businesses go bankrupt within six months of a cyber attack
  • 48% of security violations are due to malicious actions

 

Online commerce is based entirely on customer’s trust. Customers want a more personalized service and a reward for their loyalty. Relationships with suppliers are built on trust and data sharing protection. With loyalty programs merchants of all sizes collect, share and store large amounts of sensitive information such as payment information, supplier contact information and pricing data. This information is stored and shared through devices connected to a network and technologies such as the Internet, mail servers, tablets and smartphones. Associated with the details of a payment card, it is the type of information that strongly attracts cybercriminals:

 

  • Names, addresses, birthdates, phone numbers, e-mail addresses, identifiers, and product preferences gathered within loyalty programs provide valuable data for phishing and identity theft.
  • Billing and pricing information, as well as vendor payment information, may be stolen or exploited for phishing attacks.
  • Connection information about vendors and other third parties can be a very interesting “backdoor” for cybercriminals seeking to attack companies that work with yours.

 

To obtain this data, cybercriminals use malicious programs, phishing techniques, malicious websites and vulnerabilities in the most common programs. For cybercriminals seeking to steal money as quickly as possible, ransomware and DDoS attacks exploit the value your company places on data and operations by keeping them hostage and offline till you pay the ransom fee. In this environment, protecting the availability of systems has never been so difficult.

 

True Cyber Security for E-Commercials

 

It is illusory to think that we can prevent all cyber-attacks. In an environment where it is impossible to block everything, the way traders react to attacks is extremely important. E-retailers must ensure that phishing attacks, malicious programs, threats to mobile devices and cyber threats they face won’t impact their customers and the availability of their e-commerce site.

 

In situations where internal access to third-party websites, unauthorized devices and USB or none-secure devices, traders can adopt a proactive multi-layer approach to cybersecurity. Such positioning allows to overcome the risk of data loss, fraud and downtime that could compromise sales, customer confidence and reputation.

 

Cyber Security solutions for Business must be able to protects users from known, unknown, or advanced threats via multilevel technologies designed to block threats, regardless of the means used. Malware detection, cloud-based threat intelligence must be enforced by next-generation technologies such as artificial intelligence and machine learning algorithms.

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