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Cybersecurity - The 21st Century Business Challenge

Posted by I-BN on Nov 21, 2019 9:53:00 AM

 

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A cyber-attack is an intentional exploitation of computer systems, networks, and software. These attacks use malicious code such as viruses and ransomware to modify computer code, data, or logic culminating into destructive consequences that can compromise your data and business. Do not think this will not happen to you! According to a 2017 Poneman study 61% of small to mid-sized businesses (SMB) were breached in 2017 in one form or another. Securing your business is not an IT job, it needs to be a responsibility of any employee, contractor or consultant who has access to your business information.

Most security breaches start with someone inside the organization with many of them starting with a phishing attack where the individual gets an e-mail or text message which compromises their security. Spear phishing emails appear to originate from an individual within the recipient’s own organization or someone the target knows personally, and once opened are used to steal passwords or compromise the device which opened it. Whale phishing refers to an attack focused on the leadership of an organization, typically aimed at stealing vital information since those holding higher positions in a company have unlimited access to sensitive information. Many whaling instances are designed to manipulate the victim into permitting high-worth wire transfers to the attacker.

Malware is a code that is made to stealthily affect a compromised computer system without the consent of the user. This broad definition includes many particular types of malware such as spyware or ransomware which damage or control your computer infrastructure. Ransomware blocks access to your data, typically encrypting or threating delete it if a ransom is not paid. There is no guarantee that paying a ransom will regain access to the data. Ransomware is often carried out by code disguised as a legitimate file such as a pdf, link or office document.

Risks can also come through your web page. Hackers can attach malicious code into your website or breach your security through "SQL Injection Scripts" which grant access to your data.

  • Malicious code is usually sent in the form of pieces of Javascript code executed by the target’s browser. The intrusions can come in many languages including Flash, HTML, Java, and Ajax.
  • A SQL Injection attack can allow hackers to see or delete tables, and in some cases, gain administrative access to a database.

Cybersecurity is not a task you complete, but a continuous and vigilant regimen that never ends. It is a discipline that must be learned and practiced by everyone in your company. To be safe you must train employees, monitor compliance, continuously patch and protect your infrastructure, and implement plans to control and restrict a breach if and when it occurs. Cybersecurity is not something you can outsource to a cloud service provider, managed service provider (MSP) or security consultant as everyone who touches your systems and data create a potential business risk.  However, partnering with your MSP or outsourcing infrastructure to a managed Cloud like I-BN Cloud 3.0 can be a big part of your overall strategy.

This is the first of a blog series on how to secure your company from malicious attacks and hackers.  The series will include guidelines and actions for your company and its employees to implement and vigilantly exercise to mitigate the risk from cyber-attack.   Hackers range in sophistication from individuals who fancy themselves as geniuses to government backed experts targeting companies and governmental entities.  If the NSA can be hacked anyone can.  As an SMB it is your responsibility to protect yourself from the regular criminals looking to steal your money and disrupt your business.

For more information on how we can make your business more secure contact one of our solution experts at 678-627-0646 x230 or sales@i-bn.net.

Topics: Cyber Security

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