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Industry 4.0: Future of Manufacturing

Industry 4.0: Future of Manufacturing

The concept of Fourth Industrial Revolution was first introduced in 2015 by Klaus Schwab, executive chairman of the World Economic Forum. It’s characterised by the increasing digitization and interconnection of products, smart machines, value chains and business models. Since connected machines collect a tremendous volume of data that can not only analyse that data to identify new patterns and insights but also inform maintenance, performance and other issues, that are impossible for a human to do in a reasonable timeframe. Today, Industry 4.0 offers the opportunity to factories across the globe, the opportunity to optimize their operations quickly and efficiently by knowing what needs attention.

 

Here below technologies that are the significant driver for the advance of Industrial Internet Solutions aka, IIOT:

  • The Internet of Things (and services)
  • The Digitization and Interconnection of products and services
  • Virtual and Augmented reality
  • Cloud Computing
  • Intelligent machines and autonomous Systems
  • Big data and Analytics
  • Cybersecurity

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The Internet of Things is nothing new. It is already present all around us and is growing strongly. Every day new things are linked together. This growing list of objects includes everything from your thermostat to the parking meters, household appliances, heating and cooling systems, vehicles, health and fitness monitors, environmental sensors, and more. Many of these devices can already observe their surroundings, exchange information over internet and report this data back to the user.

 

The adoption of IOT in the world of production is also increasing at an exponential rate. By 2025, Industry 4.0 –the Fourth Industrial Revolution–is expected to generate close to $1 trillion in economic value, much of it is unlocked by continuous operational efficiencies through traditional cost-cutting measures, significant transformation in the way goods are produced and delivered and large manufacturers are becoming more streamlined, efficient, and agile.

 

Whether we call it Smart Industry, Factory Automation or Industry 4.0, the goal remains the same, enable companies to produce more efficiently, which translates into an increased efficient manufacturing and production. The aim of Industry 4.0 is to make factories “smart factories”, producing “smart products with autonomous machines that will self-monitor and organize their own maintenance.

 

More and more companies are using the IIOT to capture new growth through increasing production and creating new hybrid business models, exploiting intelligent technologies to fuel innovation, and transform their workforce. It’s quite clear that the Fourth Industrial Revolution represents a fundamental change in the way we live, work and relate to one another. There is huge potential for digitization and innovation to add value to factories and to contribute to the environment and biodiversity.

 

However, to unlock the true potential of this revolution, companies must digitise and integrate their processes vertically across their entire organisation, from product development and purchasing, through manufacturing, logistics and service. Factories and warehouses must adapt and implement a digital mindset, leverage the IIoT and digitalization to become much more agile and efficient in their production lines around the world.

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.

5 Cybersecurity Tips – Lesson Learned From The Cyber Security National Day

A life without Internet is unthinkable for most people today, I belong to those percentage of people, but having a secure internet navigation is very essential. The international “Computer Security Day” held on 30thNovember sensitized worldwide people to cyber security.

 

Since serious threats to personal data are high at all time. Everyone, including individuals and businesses of all sizes, needs to remain diligent in protecting themselves from hackers and data breaches. Scammers of all sorts bombard us through pop-ups, viruses, e-mails, phone calls and even the businesses we visit every day.On average, every 60 seconds, 1,861 people are impacted by cybercrimes such as malware and phishing attacks, cybersecurity company RiskIQ revealed in its Evil Internet Minute 2.0 report, it means there is now more need for action than ever before.

 

Although we think people are far more sensitive to the risks of online behaviour, the results of a new study by McAfee show that many become more careless at Christmas time. Nearly half of all respondents admit that the financial pressure of the time has led them to be more careless when shopping online. For example, they use unsecured Wi-Fi connections when shopping online or buy items from online retailers whose authenticity they are not entirely convinced of.

 

But to be more secure against data theft and hackers, you do not have to be a proven IT expert. Andreas Volkert, Internet expert at McAfee, has the following simple tips that users can practice in order to surf on Internet more securely and not experience any horrible surprises when it comes to Christmas shopping on the Internet:

 

  1. Recycle is good – but not for PASSWORDS

One of the biggest mistakes you can make is to use the same password for several or even for all of your accounts. If you sign up for various online forums with low security standards with the same password, such as for the e-mail and PayPal account, this can have disastrous consequences. In order to better remember passwords, we are often tempted to use the simplest and shortest possible letter combinations. The number of characters changed as well as a hacking tool that tries millions of passwords in no time and finds the right password. Having a password of 15 characters is better than eight.

 

  1. Caution with the WLAN

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The use of public Wi-Fi may seem like a good idea – especially if you do the Christmas shopping and urgently need an Internet connection, for example, to compare prices in the store with those on the Internet. But if consumers are not careful, they may unknowingly divulge their personal information, such as credit card information, to cyber criminals snooping on the network. If transactions require public WLAN, you should use a Virtual Private Network (VPN) to ensure a secure connection.

 

  1. Think before you CLICK:

One of the easiest ways for cybercriminals to target victims is to use phishing emails often by using templates of official senders such as Internet merchants. For example, consumers can be fooled by cheap Christmas promotions, clicking on links that could lead to malware, or accessing a fake website designed to steal personal information. If the business seems too good to be true, it’s always best to look directly at the merchant’s website.

 

  1. Delete, Delete, DELETE

Of course, despite all security measures, the emergency must not be ruled out. Should hackers overcome against all measures and find their way into your e-mail account, what would they find? One should be aware of what personal information is stored online. The best way to prepare for an emergency is to delete all sensitive data that is no longer needed from the account. Whether bank statements, tax data or very private photos – what is no longer there, hackers cannot steal and exploit.

 

  1. Brows SAFELY

Use comprehensive security protection such as McAfee Total Protection, which can help protect devices from malware, phishing attacks, and other threats. This solution includes McAfee WebAdvisor, which can help identify malicious websites.

These measures alone do not guarantee complete security to protect the online identity from cybercrime. However, they close the biggest security holes that can be exploit by hackers. Thus, an important step is taken to be safe for Christmas and to enjoy the reflective time with friends and family.

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.

Smart Cities – Privacy, Security, #CyberAttacks and #DataProtection


Smart city components

“Smart cities” is a buzzword of the moment. There is currently no single accepted definition of a “smart city” and much depends on who is supplying the characteristics: industry, politicians, civil society and citizens/users are four immediately and obviously disparate sets of stakeholders. It is easier perhaps not to define smart cities but to elaborate their key features in orser to better understand this concept. The connecting key infrastructure that is most often mentioned as making cities “smart” includes:

 

  • networks of sensors attached to real-world objects such as roads, cars, fridge, electricity meters, domestic appliances and human medical implants which connect these objects (=IOT) to digital networks. These IoT networks generate data in particularly huge amounts known as “big data”.
  • networks of digital communications enabling real-time data streams which can be combined with each other and then be mined and repurposed for useful results;
  • high capacity, often cloud-based, infrastructure which can support and provide storage for this interconnection of data, applications, things, and people.

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Scanning through numerous smart city projects and initiatives undertook, eight key activities can be identified that often define a smart city, ie: smart governance, smart infrastructure, smart building, smart connectivity, smart healthcare, smart energy, smart mobility and smart citizens.

 

A European survey shows that the benefits of smart cities are obvious, but IT security and technological challenges are a major barrier to their acceptance. Ruckus, a network connectivity provider, has published the results of its Smart Cities Survey with UK market research firm, Atomik Research. The survey surveyed 380 European IT decision-makers from the public sector.

 

The aim of the study is to understand the attitudes towards the implementation of smart city concepts and to learn what opportunities they offer to the industry. The majority of respondents (82%) believe that smart city technologies are helping to increase citizens’ security and reduce crime rates, for example via smart lighting or networked surveillance cameras. Although the benefits seem to be well known, fears of cyber attacks are a major barrier to the Smart City. For 58% of the IT decision makers surveyed, the biggest problem is followed by a lack of technology infrastructure and funding.

 

Benefits of citywide connectivity

 

The survey results show that the infrastructure and technology platforms created for Smart Cities could be used to add significant value to the public sector and to develop innovative applications that directly address citizens’ needs. Other areas that benefit from the smart city model include local health (81%) and transport (81%), which provide greater access to public services for citizens through extensive networking. According to IT decision-makers, smart city concepts also provide crucial benefits for the security of citizens (72%), public transport (62%) and the health service (60%).

Nick Watson, vice president of EMEA at Ruckus, said: “A basic understanding of the benefits to citizens shows that policymakers are aware of the benefits of this technology. As the return on investment becomes clearer and smart cities become more and more commonplace, targeted advocacy will allow organizations to work together to make the city of the future a reality. Of course, given the amount of sensitive data that could be divulged, it is not surprising that security concerns play a big role. Only a           secure, robust and reliable network will allow to address these concerns and create a secure foundation for smart cities. “

 

Benefits of smart cities

 

The survey shows that the public sector is well aware of the added value that smart cities has to offer. Almost two-thirds (65%) of respondents said smart cities bring benefits. 78% of respondents said that they recognize that there are strong economic reasons for investing in smart city concepts. These reasons include firstly the credibility of a smart city (20%) and future infrastructure (19%). On the other hand, there is the related attractiveness, which leads to the resettlement of companies (18%) and suggests that the true value of smart cities lies in generating revenue and boosting the local economy.

These findings are a positive step towards ideal framework conditions in which smart cities can successfully develop. To make smart cities a reality across Europe, it takes an overarching approach involving all departments of a city. However, the Ruckus survey also found that isolated projects (39%) still pose a major barrier to smart cities.

Although lack of funding is seen as the third most obstacles to rapid implementation, 78% of respondents across countries expect to have the budget for smart city solutions by 2019. This should also be facilitated by promotional announcements such as the Wifi4EU program. It gives cities the security that the infrastructure will be available to support smart technologies.

 

Overcome barriers

 

To provide these services, a stable public WiFi network is crucial. 76% of respondents agree that this is the most important factor in successfully implementing smart city concepts. 34% agree that Wi-Fi is more important than a wired network. Wi-Fi is probably the preferred infrastructure because people are familiar with it and it gives everyone access to information. If you want to be able to connect with your citizens and use the services you offer more effectively, you need a suitable infrastructure to connect with the public in a way that benefits them.

WLAN is the “glue” for intelligent cities’ network. It makes it easier to distribute the load and reduces connection problems. The access point at the edge of the network is the ideal interface that acts as a message broker by delivering traffic, performing and returning simple data processing, and placing the software through controllers.

However, not all WLAN technologies are the same. Power supply (53%), interference (52%) and backhauls (45%) are the biggest obstacles to setting up a public WLAN infrastructure. 51% of IT decision makers called the consolidation of existing networks as another crucial obstacle. This is particularly important because the number of connected devices is increasing at a time when existing networks are not prepared for the exponential growth of data consumption. IT decision makers have the clear task of choosing the right technology partner to meet the technological needs of their city.

For Ruckus, the findings of this study are an opportunity to engage in dialogue with various public-sector organizations on how smart city technologies and a public Wi-Fi network can add value. The survey shows that WLAN is considered necessary for the creation of smart cities because:

  • It gives access to everyone information (71%);
  • it delivers the necessary infrastructure to offer additional services (70%);
  • it overcomes the digital divide between citizens (67 percent);
  • it is cheaper for governments (61%);
  • it could lead to better service (37%);

The research shows that Wi-Fi is a key contributor to helping smart cities deliver reliably and sustainably, but along the way, European policymakers still have some obstacles to overcome. It is reassuring to see that there is a widespread belief that smart cities add value to society. But if the government and the public sector are not investing in the right technology, then they risk missing the numerous opportunities for cities, citizens and themselves.

Google users affected by #GooglePhishing Attack 

GOOGLE

There is a new phishing mail in circulation that allows cybercriminals to exploit Google users login data. To succeed init, cybercriminals use a link to a Google Docs document.

It doesn’t seems tricky at all, as a random Google user receives an email from one of his contacts with the invitation to open a Google Doc. The link will then route the user to a Google login page. Once the user inputs his data in the given “malicious web application”, he ends up by giving cyber criminals access to his mailbox and address book.

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This way of phishing is very exceptional and therefore dangerous. Usually, the criminals themselves create a login page, but using the Google page itself makes it a special link. This allows attackers to bypass existing security systems such as two-step verification and other notification.

Google already announced that the problem is under control. “We have taken action to protect users from the mail. We have removed the false pages, sent updates to our Safe Browsing systems, and our “Cyber-Security team” is working on a solution,. “Less than 0.1% of all Gmail users were affected by the attack.” An initial Google analysis also reveals that no data has been leaked.

Common type of #InternetFraud and How to Avoid them

Internet fraud is happening every day, anywhere in the world. The probability that you’ll ever be a victim is so big. Certainly, if you are a director of a company or if you have a power of attorney at business accounts. Then you belong to the favorite targets of cybercriminals. We all know how cleverly and in an organized way fraudsters work. Currently, cybercriminals use several complex techniques to infiltrate corporate networks discreetly and steal intellectual property or take files hostage without being detected. These attacks are often encrypted in order to escape detection. Once their target is reached, hackers attempt to download and install malicious software on the compromised system. In most cases, the malware is used new, advanced versions that traditional anti-virus solutions are not yet able to identify.

 

We’ve listed below few significant strategies and tools used by cybercriminals to infiltrate your network as well as ways to fight against them.

 

  1. CEO fraud or social engineering

In case of CEO fraud, cybercriminals make their first connection via a phone call. They act as they are calling on the behave of auditors, certified public accountant or a government research service. This way, they are able to collect information about your company’s internal payment procedures. After that, they contact a staff member who has power of attorney to make large payments. They then act as the CEO or CFO of the company and invent a story about a possible foreign acquisition, a difficult tax check or other scenario for which, urgently and confidentially, a large sum of money has to be transferred to an account still never used. Employees who is use to receive a personal call from the CEO are chosen. Sometimes they even go for an external consultancy to increase their credibility.

 

How do you protect your company against CEO fraud?

  • If you get the urgent need to transfer a large amount of money to a new account number, you will then have to pull the alarm bell.
  • Ask to call the applicant back to know their phone number.
  • Make a call back to your CEO to confirm the transfer/payment.
  • Choose for a double signature procedure (cards and PINs) and never leave both signatures to one person.
  • Make a secret contact point (not the CEO or CFO) for confidential or urgent transfer requests.

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  1. Networks attack with malware without interruption

The attacks can come from all the vectors: e-mails, mobile devices, Internet traffic and automated exploits, and believe me, the size of your business does NOT matter. For hackers, you are only an IP address, an e-mail address or a potential candidate for an attack. They use automated tools to perform exploits or to launch phishing e-mail campaigns, day and night.

Unfortunately, many companies do not have the right tools to deal with these attacks. Many of them do not have the tools to pass traffic through a fine comb, protect endpoints, and filter out infected emails. Some of them have firewalls that cannot detect hidden threats in encrypted traffic or rely on limited built-in system memories to store signatures of malicious software.

 

How do you protect your network every minute of every day?

With hundreds of new malware variants developed every hour, organizations need up-to-date, real-time protection against the latest threats. An effective security solution must be continuously updated 24/7. In addition, the available memory on firewalls is insufficient to support the considerable number of types and variants of malicious software.

To be effective, firewalls need to use a network sandbox and the Cloud to provide wider visibility of threats, discover new variants, and improve detection. In addition, ensure that your security solution supports dynamic update protection not only at the firewall gateway, but also at mobile and remote endpoints and your e-mail.

 

  1. E-fraud or phishing

E-fraud is a collective name for fraud through phishing and viruses. The fraudsters will find out your personal registration codes and electronic signatures and will clear your bank account. How are they going to work? For that you’ll certainly receive a fake email in the name of your bank branch with a link to a false login page for PC banking. For the signature code, they call you with the question of stopping your card in your card reader, or you will receive a screen to enter your signature code.

 

How do you protect your business against e-fraud?

  • Choose for a double signature procedure and never leave both signatures to one person.
  • Check everything you sign.
  • Do not share access codes or proxies of your company accounts with your employees.

 

  1. Invoice fraud

In case of invoice fraud, cybercriminals use to replace the billing company’s bank details with their own bank details. They intercept invoices sent by mail and paste them with a – often fluorescent sticker with their own bank details. That mentions the message that the bank’s business has changed. The fraud often comes to light only when the actual billing company sends a payment reminder. They also send emails in the name of the billing company with the same “change account number” message.

 

How do you protect your company from invoice fraud?

  • Ask the billing company to send each invoice both by email and by post.
  • Do not use envelopes with your logo or company name.
  • Do you receive an invoice or email with a “change account number” message? Then verify with a call it takes few minutes but save you from a huge amount loss.

 

  1. Globally attacks and rapid transformation

The success of many cybercriminals rests on their ability to continually reinvent malicious software and share it with peers around the world. In fact, new threats emerge every hour on every continent. Most hackers use an approach similar to that of burglars: they infiltrate, take all they can and go out before someone triggers the alarm. Once succeed, they reproduce this attack on another system.

Others proceed more insidiously and slowly to access larger amounts of data over a longer period of time. Some attacks arrive via the Web, others by e-mail, or enter the network via infected devices that were previously outside the network security perimeter.

 

How to protect your network from global threats via a firewall?

Reacting quickly to threats ensures effective protection. To quickly deploy countermeasures to your firewall and deal with emerging threats, use a security solutions provider that has an in-house and responsive team of protection systems experts. This team must collaborate with the broader community of safety specialists to extend its reach.

A broad domain-based solution uses a comprehensive, cloud-based catalog that lists malware globally and improves analysis of the local firewall. Finally, while a single firewall can identify and block threats based on their origin, a sophisticated firewall incorporates botnets filtering functions to reduce exposure to known global threats. To do this, the firewall blocks traffic from dangerous domains or connections established from or to a specific location.

 

In todays connected world, Cyber-attacks are expanding more then ever, but there are effective defenses. Nevertheless, the victim of an attempted e-fraud? Please contact your banker immediately to block your account before your money disappears. And if you would like to learn more and evaluate counter-attack solutions for your network environment, fill this form and our experts will come back to you asap!

Critical challenges of #DataProtection and #CyberSecurity within your Organization

#DataProtection and #CyberSecurityData breaches are a constant threat to all organizations. And the risk keeps growing: By 2016, the total number of exposed identities by data violations has increased by 23%, with a record of 100,000 incidents, of which 3,141 were confirmed data breaches.  The data now is corrupted/compromised in a few minutes and their exfiltration takes only some days.

 

The worst part is that detecting a violation can take months, with an average discovery of 201 days. Unable to respond quickly, organizations face the risk of exposing valuable data and confidential information. The recovery process can be incredibly costly, and the damage in terms of reputation is incalculable.

 

Why companies must stay alert?

Why companies must stay alert?

The increasingly digital revolution requires companies to constantly be on their guard in order to detect attacks and respond to potential incidents. However, after several years of constant vigilance, many companies are wondering if their investments will one day be sufficient. Some of them even think that they’ve solved the problem with devices to counter conventional attacks (such as phishing, for ex) or to fill in the most important flaws (the identity and access management system, for ex). In reality, that’s not the only thing they must do in order to protect their valuable data.

 

While most companies have laid the foundations for proper cybersecurity, most of them haven’t realized that these measures are only the beginnings of a much wider and proactive policy, and the digital world needs continuous investments on security matters. An enterprise may consider that it has implemented sufficient cybersecurity measures when it will be able to remain permanently within the limits of its risk appetite.

 

Demonstrating the contribution of cybersecurity investments can be challenging. Nevertheless, when a company reaches a high level of maturity in this area, it becomes easier to justify ongoing vigilance by demonstrating the contribution and value of investments: whenever the Security Operations Center identifies a potential attack, the evaluation of the costs generated by the different attack scenarios (particularly the least favorable one) justifies the made investments.

 

How organizations can unfold threats and vulnerabilities?

  • All vulnerability and incident data are retrieved in a single system. By the automation of simple security tasks and correlating intelligence data against threats with security incidents, analysts have all the information they need to protect your business.
  • Through the integration with the CMDB, analysts can quickly identify affected systems, their locations, and their vulnerability to multiple attacks.
  • Workflows are essential to ensure compliance with your security runbook. Predefined processes allow 1st level personnel to perform real security work, while more experienced security professionals can focus on tracking complex threats.
  • By managing an overload alert via applying priorities based on their potential impact on your organization. Analysts need to know precisely which systems are affected, as well as any subsequent consequences for related systems.
  • By improving controls and processes to identify, protect, detect, respond and recover data
  • By creating cyber security awareness within your employees

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How organizations can improve their CyberSecurity?

A company must establish a solid foundation of cybersecurity to protect its present environment. For example by carrying out a safety assessment and building a roadmap; review and update security policies, procedures and standards; establishing a security operations center; testing business continuity plans and incident response procedures; designing and implementing cybersecurity mechanisms.

 

As a business holder, you must consider that your basic safety measures will become less effective over time, so don’t forget to focuses on the changing nature of business environment. At certain point you must highlight the actions needed to enable your company to keep up with the demands and developments of the market. It can be by designing a transformation program to improve cybersecurity maturity, using external assistance, in order to accelerate its implementation. You can decide what will be maintained internally and what will be outsourced and define a RACI matrix for Cybersecurity.

 

Last but not the least, the company must proactively develop tactics to detect and neutralize potential cyber-attacks. It must focus on the future environment and have more confidence in its ability to manage predictable and unexpected threats/attacks. Few companies are at this level, and today it is necessary for them to design and implement a cyber threat strategy (Cyber Threat Intelligence), define and integrate a global cybersecurity ecosystem, a cyber-economic approach, Usage of data analysis techniques for investigations, as well as monitoring cyber threats and preparation for the worst by developing a comprehensive intrusion response strategy.

 

Sources :

Verizon’s 2016 Data Breach Investigations Report

Whitepaper: Insights on governance, risk and compliance

Cybersecurity and Digital Businesses Transformation

In a special report on digital business transformation and cybersecurity, Gartner affirms that as organizations migrate their business to digital, a lack of directly-held infrastructure and services outside of IT’s management can ought to be self-addressed by cybersecurity. “Gartner predicts by 2020, 60% of Digital Businesses will suffer major service failures due to the inability of IT Security Teams to Manage DigitalRisk”

As Digital Transformation initiatives gain pace across the world, the threat of cyber-attack grows in tandem. Further risks stem from the evolving business and regulatory requirements and technology trends that are posing new cybersecurity challenges and endangering the success of digital programs.

 

We all know today’s business depends on technology and digital systems are now lifeblood of an organization. With that being said, Paul Proctor, vice president and distinguished analyst at Gartner, affirms that “Cybersecurity is an important part of digital-business with its new challenges in an open digital-world“.

Organizations leaders must realize that it’s time for a fundamental rethink of how cybersecurity is positioned and understood within their organizations and which innovation they must do to survive digital risks.

 

Let’s have a look on 5 key areas of focus, identified by Gartner, to address successfully cybersecurity in digital business:

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Hard to admit, but the perfect protection is not feasible. Gartner states that 60% of cyber security budgets in the companies will be dedicated to the early detection of threats in 2020. This is less than 30% in 2016. “Organizations need to detect and respond to malicious behavior and incidents, because even the best preventive controls may not prevent all incidents, “says Gartner.

 

  1. Improve the leadership and governance : Improving leadership, getting governance right, making security a board-level priority, measuring leading indicators to catch problems while they are still small, is more important than the development of tools and skills when it comes to cybersecurity and technology risk in digital business. Governance, data infrastructure, decision making, prioritization, budget allocation, awareness, budget allocation, reporting, transparency and accountability are key features to protect and run any business.
  2. Adapt to evolving threats: In today’s connected, information-heavy world, organizations across all sectors are facing not simply escalating risk, but the near-certainty that they will suffer an information security breach. IT department must overcome the challenge to prevent all threats and risk management. Gartner predicts that companies will spent 60% of cyber security budgets to early detect threats in 2020 instead of waiting for the last minute. Only a sharp focus on business structure, culture and risks will let you better safeguard the data essential to your organization’s survival and success and prevent all nightmares.
  3. Alignment of cybersecurity at the speed of digital business: Organizations that adopt digital go at a faster pace than traditional companies. So the same logic must go for security systems, with that being said, the traditional security system will stop working in the new era of digital innovation. Organizations must invest in their security system in order to innovate them to avoid all obstacles. Companies are increasingly reliant on digital data to drive their growth. The “bad guys” have recognized this, have fortified their techniques and are enjoying significant success; while the “good guys” are still trying to fight a modern war! Having a well-defined security program can help management make an informed choice about how to invest in security. All organizations able to successfully establish an ecosystem that protect and grow business will remain competitive.
  4. Explore the new era of cybersecurity: Before it was perhaps easier to protect data because they resided exclusively in the data center. New technologies are now overflowing data outside via the cloud and mobile etc. For example, in 2018, 25% of company’s data will come directly from IOT (=from mobile to the cloud), and by circumventing enterprise security controls. Organizations must now respond to the issues of cybersecurity and risks of technologies and assets that they no longer own or control.
  5. People and Process – Cultural Change: As companies support productivity through the rapid integration of bring your own device (BYOD), cloud computing and other aspects of total mobility, there is a corresponding increase in the risk to which the information located on or accessed via these channels is exposed. With the acceleration of digital business and the power technology gives individuals, it is now critical to address behavior change and engagement from employees to customers. Internal threats to information security run from the inadvertent (simple user error, loss of mobile devices) to the malicious (internal fraud, data theft). Cybersecurity must meet the needs of people through the process of change. People-centric security gives each person in an organization increasing autonomy in how he or she uses information and devices — and what level of security adopted when he or she uses it. The individual then has a certain set of rights in using technology and is linked to the group in the entire enterprise. The individual must also recognize that if things go wrong, it will have an impact on the team, group and business.

 

Sources: Special report – Cybersecurity at the Speed of Digital Business

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