How to Fight Cyber Threats Like A Pro

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How to Fight Cyber
Threats Like A Pro
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How to Fight Cyber Threats Like A Pro
The principal security agency of Russia the
Federal Security Service (FSB) faced the
largest data leak in the history of the work of
Russian special services on the Internet after
hackers breached one of their IT contractors and
stole and leaked 7.5 terabytes of data to the
journalists. In another case, the credit bureau
Equifax is penalized to pay 650 million to
compensate for the information loss caused by a
2017 data breach, resulting in the exposure of
information belonging to 145 million
people. Cyberattacks have become the biggest
threat to organizations worldwide. The risk
associated with cyber crimes have doubled in the
last six years, with the total damages cost being
projected to reach 6 trillion annually by
2021. We are living in a digitally connected
world where the bandwidth and scope will further
expand as we progress into the future. IoT
devices are on a continual rise, while cyber
breach incidents are increasing at an alarming
rate. In order to fulfill the vision of a
wholly-connected world, the IoT proliferation is
favorable. Thus, it is essential to control and
address the security concerns that it is bringing
along. As per a report, about 61 of the
organizations have experienced an IoT security
incident. Data is the new asset that drives
revenues for an organization in this digitally
evolving ecosystem. This shift in the value from
physical to digital assets has caused the
increase in the number of cyber crimes. Data
protection and cyber security have taken the
maximum priority for the organizational leaders
as they are now realizing the associated value as
well as threats of this data-driven world. It is
time that organizations start considering cyber
attacks as a risk and establish the necessary
risk prevention and management mechanism. They
need to devise a sustainable cyber defense
strategy
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How to Fight Cyber Threats Like A Pro
that can protect the organizational data as well
as shield it against the future attacks. Let us
try to understand how leaders should approach
data and cyber threats to establish a robust and
flexible cybersecurity strategy that will
effectively fortify their organizations digital
walls. Intospect Perform a thorough
analysis In a most recent cybercrime incident, a
hacker broke into Bulgarias tax system and stole
the social security, bank, and salary information
of 5 million tax-paying adults in the country.
The same hacker had also penetrated the Bulgarian
Education Ministrys website in 2017, citing the
act as his civic duty. Such hacks into the
government databases raise questions on the
reliability, integrity and security of personal
information in this digital age. Cybersecurity
is no longer just the concern of IT department.
The criticality and impact of cyber resilience
are mandating involvement of the entire
organization to ensure that no information is
leaked out. If businesses wish to attract and
retain their customers, they must build a
credible and trustworthy environment in which
their prospects are comfortable with sharing
their personal data. For doing so, the first step
would require creation of a thorough
organizational profile. Such a profile will help
gain visibility into the strengths and weaknesses
of the organization and allow them to mark the
potential targets, risks, and vulnerabilities
that hackers can exploit. Daniel Wagner, Risk
Consultant and Author, rightly says, Some risks
that are thought to be unknown, are not unknown.
With
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How to Fight Cyber Threats Like A Pro
some foresight and critical thought, some risks
that at first glance may seem unforeseen, can in
fact be foreseen. Armed with the right set of
tools, procedures, knowledge and insight, light
can be shed on variables that lead to risk,
allowing us to manage them. By performing a
detailed analysis of organizations
infrastructural and network structure, it becomes
easier to identify those network footprint and
components, and configuration settings and
techniques that might compromise the confidential
information to the hackers. This recceing is
although the first step while devising a
cybersecurity strategy, it is also required that
such analysis is performed on a regular basis to
make sure that the strategy is aligned with any
update made to the organizations
structure. Visualize the threats and stage an
attack Once the organization profiling is
completed, the next step involves identification
of those nodes, elements, and vectors that face
the risk of penetration. These vectors should
then be arranged and prioritized based on their
ease of exploitation and the value of information
that they contain. As per Demitrios Laz
Lazarikos, Founder and CEO, Blue Lava, Inc., at
SecureWorld Philadelphia, A modern cybersecurity
program must have Board and Executive level
visibility, funding, and support. The modern
cybersecurity program also

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How to Fight Cyber Threats Like A Pro

• includes reporting on multiple topics
  understanding how threats impact revenues and the
  company brand, sales enablement, brand
  protection, IP protection, and understanding
  cyber risk.
• A cyberattack simulation should be carried out to
  understand how strong the existing systems really
  are. Performing security testing and website
  vulnerability testing yield insightful results
  regarding the cybersecurity solutions
  effectiveness. The findings of this simulated
  attack will further aid the decision makers to
  formulate a better-suited strategy that
  efficiently takes care of the identified
  vulnerabilities and threat risks.
• An effective dealing of cyber threats requires a
  proactive approach from the organizations part,
  making mature prevention, detection, and recovery
  measures absolutely critical. This means
  establishment of an Incident Response Service to
  deal with a breach crisis on an immediate basis.
• An incident response service typically involves
• Discovery It takes an average of 191 days for
  organization to discover a breach. This statistic
  clearly reflects the robustness of existing
  cybersecurity strategies. Without even knowing
  that the security has been compromised, it is
  impossible to react and respond.
• Response Once the breach is discovered,
  immediate actions should be deployed to minimize
  the impact as much as possible.

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How to Fight Cyber Threats Like A Pro

• Investigate After taking the necessary measures
  to contain the data breachs impact, it is time
  to investigate the cause of the breach and to
  identify the weakness in the system that allowed
  the breach.
• Remediate and prevent Remediation involves
  taking the steps required to seal the compromised
  nodes while prevention involves ascertaining that
  such breach does not happen again in the future.
• An incident response service takes a holistic
  approach and is sustainably aligned with an
  organizations goals.
• Conclusion
• A cyber defense strategy requires commitment of
  three critical aspects people, processes, and
  tools. A foolproof cybersecurity solution takes
  all three of these aspects into picture and takes
  care of potential risks proactively.
• Cignitis on-point cybersecurity assessment
  capabilities support the businesses worldwide in
  their fight against cyber crimes. We have immense
  experience in serving clients across different
  industry verticals and organization sizes. Our
  Web application penetration testing uncovers
  vulnerabilities in applications and ensures the
  application risks are minimized. With a
  proprietary cybersecurity framework, our Security
  TCoE consists of dedicated teams of security
  testing specialists with deep expertise spanning
  multiple domains/industries, cutting-edge
  technological resources/tools. Connect with us
  today.
•  
• Read Full Blog at
• https//www.cigniti.com/blog/cybersecurity-cyber-t
  hreats-strategy/

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