Ensuring that your company’s systems and information is safe and secure should be a high priority of every company. Keeping your company safe and secure isn’t restricted to protecting your workers from email spam or hackers. Safety and security are much broader than that in today’s tech landscape. All of your company’s information and data systems needs to be protected. Everything from your internal payroll systems to the contact information of your clients’ needs to be sheltered from cyber hackers.
To do this, a company needs a strong cyber security team in place to defend against potential cyberattacks. When it comes to cyber security, you want to be proactive, not reactive. Don’t wait until there is a threat or worse – an attack – to bolster your cyber defenses.
Don’t think you’re vulnerable to an attack? Think again.
There are many reasons every company should have a strong cyber security team in place – including these five reasons:
1. Is Your Cloud Secure?
Most corporations have either moved their data to the cloud or are thinking about doing so. When doing so, you’re putting a lot of faith in the fact that your company’s data is secure.
Cloud computing security is the set of control-based policies and technologies that are designed to adhere to regulatory compliance rules and protect information, data applications, and infrastructure associated with cloud computing use. Some of these risks are linked to weak cloud security measures of the services, such as lack of multi-factor authentication to access the service or storing data without encryption. Corporations store sensitive data in the cloud, which can cause big issues in a cyberattack. Possessing safe and secure cloud storage is a must.
2. Mobile Security
Corporate mobile device use is at all time high – putting companies at risk. Corporations spend a lot of time implementing security protocols at the office, but many times they fail to install a significant mobile security solution.
Employees are on their phones and tablets all the time. Work usage requires them to access your company’s system data from their mobile devices, creating significant security holes in your overall cyber security defenses. Mobile devices may be lost or stolen, employees may open phishing emails by accident, or may not have a strong password. Most Wi-Fi networks fail to defend against a professional hacker, which may be an entry point into your system. Or sometime employees will have passwords saved, which will give access to important system data. With all the concerns surrounding corporate mobile usage, you need to stress mobile security.
3. Cybersecurity Compliance
Laws have been put in place that require certain provisions to be made for cybersecurity compliance. For example, the New York State Department of Financial Services (NYDFS) Cybersecurity Regulation (23 NYCRR Part 500) was put in place in response to the increased cybercriminal sophistication and volatile cybersecurity financial organizations in the United States are facing.
In-order to be compliant with this law, financial institutions need to:
- Establish an effective cybersecurity program
- Create and maintain a written cybersecurity policy
- Designate a Chief Information Security Officer (CISO)
- Hire qualified cybersecurity personnel or utilize third party providers
- Establish an Incident Response Plan
4. Ransomware Attacks
Ransomware attacks are becoming more prevalent each year. When you get hit with a ransomware attack, your computer functionality locks until you pay some type of ransom to regain access to your computer, and the data your computer is storing.
Ransomware has been around for over 10 years, but cybercriminals have greatly improved their techniques with the development of ransom cryptware, which encrypts your files using a private key. The total financial damage of ransomware is in the billions and attacks have occurred in over 150 countries. Companies need a sophisticated cyber security team to prevent ransomware attacks.
5. Cybercriminals Are Always Finding More Sophisticated Methods to Attack
Unfortunately, cyber criminals are getting smarter and craftier. Cyber criminals are constantly coming up with more sophisticated and harmful ways to hack into our networks. By 2019, cybercrime is projected to cost companies $2 Trillion annually. As technology changes, so do the ways to breach it. Cybercrimes such as GRABNEW, Darkhotel, Carbanak, and Equation are just a few of some recent attacks.
In an ever-changing technological world, companies need to have the right cybersecurity team for preventative measures in dealing with sophisticated cybercriminals. Is your data safe? Are you protected against cyberattacks?
The Atlantic Group can help you strategically place the necessary cyber security team needed for your corporate environment.
Meet the Author and Team:
Morgan Feldman | Managing Director – Information Technology Search
Atlantic Group
19 West 34th Street, Suite 806, New York, NY 10001
Direct: 212.271.1582 | Email: mfeldman@atlantic-grp.com