The primary consequence of being cyber-attacked is generally financial, in the loss of corporate and financial information, though the disruption to the ability to carry out financial transactions can also be punitive. A cyber breach is generally going to also incur further costs in repairing aspects of the network and systems which have been compromised. An additional element in customer relations involves the potential damage to your company reputation, and the level of trust that customers have in your safeguarding of their details, potentially losing you custom and profits far into the future. A further potential problem lies in legal compliance with data protection and privacy legislation, which can cause you further problems of possible fines and regulatory sanctions.
Cyber security threats can originate from a wide range of sources, with a significant number of breaches originating from your own staff, either through negligence by the individual, or through lack of correct procedure put in place by the company itself. Many firms leave their door wide open through non-existent, or poorly enforced passwords and authentications procedure. Things as simple as unsecured network printers can provide a gateway of access to your company’s sensitive information. Common threats involve what is known as “phishing”, a fraudulent attempt to access information, with “pretexting”, where a hacker sends an e-mail to a member of the workforce, which appears to be internal, often targeting the HR or financial departments. Malware is responsible for many cyber-attacks, involving malicious software installing itself on a computer when the user is browsing the internet.
Find The Weakness
It is almost impossible to be 100% safe from all attacks, but it is a very wise strategy to fully understand exactly how well you are currently performing, and to be able to identify the areas where additional measures are required. It is at this point that if are serious about plugging the gaps, you will turn towards a thoroughly professional IT security service provider, such as that of CXO Security Sydney based penetration testing company, who can implement a threat modelling technique, providing you with information on precisely how exposed you currently are, and more importantly, provide you with the remedies to seal the leaks.
Sadly, while we have all heard the old adage about closing the stable door after the horse has bolted, many firms only get serious about IT security, after they have been targeted. It is often the case when such happens, that further mistakes are commonly made, exacerbating an already bad situation, because they hadn’t thought of the eventuality before and thus had no contingency plan to rely on. If you are going to thwart a potential hacker, you will need to ensure that the potential ways into your system are all thoroughly checked, a task extremely difficult for anyone who does not work at such a coal face all the time.
Proper awareness and understanding of risk across the company ensures the staff knows what to do and what not to do at all times, as well as ensure that the right strategies are correctly implemented, if and when an attack does take place. Losses from cyber-attacks can destroy a company, so addressing the issue should be very high on the list of things to do, for any firm in business today, who intends to still be around tomorrow.