Cybersecurity: Time to take a proactive approach to Cybercrime
Cybercrime is big business, costing its victims a total of $8.44 trillion worldwide in 2022 according to data from Statista.
The traditional IT-driven security solutions that have been used as a defence against online crimes no longer make sense at a time when they are so easily overcome – but a risk approach founded on business principles for data defence and recovery can help your organisation stay safe online.
Let’s take a look at a new angle that the IT department can use when assessing very real cyberthreats. Here’s why cyber defence needs to make business sense and not only data security sense.
Data security beyond the iron wall
The traditional IT security approach which employed firewalls and antivirus software as a method of keeping the hackers out has become less effective in recent years.
The evidence for this is clear to see when we consider the huge spike in cyber-attacks across the world over the past decade, despite constant updates in these traditional technologies.
- Instead of this rigid approach, a multi-layered security solution that emphasizes flexibility and rapid reconfiguration is key to addressing data vulnerabilities in 2023 and beyond.
- Using AI and other smart technologies to monitor your network, analyse traffic and data access patterns, and spot cyber-attacks before they happen is the next level of cybersecurity. This is akin to marketing metrics and financial risk analysis, where constant monitoring and taking are keys to success.
- A major part of this approach involves spotting vulnerabilities in your network before the hackers do. This can help to uncover zero day attacks and other unseen threats using comprehensive network analysis.
Case study: are your backups safe from hackers?
A worrying recent trend has seen hackers target companies’ data backups.
The thinking behind this makes perfect sense from the cybercriminals point of view: if companies have backups in place they’ll be less likely to pay the ransom.
- Next-level attacks will compromise backups to render organisations helpless and force them to pay up.
- 93% of organisations surveyed recently said that hackers had tried to compromise their backups, with 73% saying the attempts were partly successful.
Simple backups – especially using physical storage held on the premises – are not going to remain safe in the era of advanced cybercrime. Continuous backups using encrypted technology is the best way to keep a current copy of all critical company data safe and available at all times.
At Soteria we take the safety of your data seriously. That’s why we encrypt all the backups on our servers with the latest encryption technology to keep hackers at bay. Learn more about our secure cloud storage solutions on our website and stay one step ahead of the cybercrime wave.