CYBER ATTACKS AND YOUR FUTURE
Firstly, the biggest misconception in the world of cyber security is that business’s that take precautions are safe from cyber security attacks. The sad truth of the matter is that cyber security attacks aren’t a one-time thing. They aren’t something that you can prevent once and guard yourself from forever, they are evolving and ever present.
Research done by the National Cyber Security Centre (NCSC) shows that nearly 74% of small business and 43% of large businesses in the UK alone (more than 2000 organizations) experienced a cyber attack in the 2016-2018 period. 34 of these were high-risk attacks (C2) and 76 low-to-moderate risk attacks (C3). Some of the larger companies with state of the art security experienced on average one cyber attack per month, learning that no one is safe from attacks.
The truth is that cyber attacks have ceased being an “if or might.” It is now a matter of “when,” “where” and “how.”
Recognizing the need for better security
Security attacks compromise the safety and privacy of company data by making it accessible to the wrong people. Research by the NCSC shows that the cost of an average, small-scale cyber attack costs less than £9,620. With hacking becoming so inexpensive and with advanced new-age techniques and software available to hackers, who knows what sort of damage they may do to an organization?
This is something organizations should acknowledge and prepare themselves for. With IoT technologies becoming more common in work-spaces, there is increased scope for company-wide infiltration and an increased organizational vulnerability to cyber attacks.
A case of company-wide culpability
The biggest problem that hinders organizations from setting in place anti-hacking security measures is the misconception that cyber security attacks are solely an IT problem.
The truth is that cyber security attacks are an organization-wide responsibility. Hackers hack into an organization’s weakest link. This weak link could be anything from the company’s marketing emailers to holes in website security to the lack of security from supply chain partners.
If organizations wish to tackle cyber security concerns successfully, they need to recognize and accept that it is a company-wide responsibility.
Cyber security predictions for 2019
Cyber attacks in the UK are predicted to rise. Here are some predictions experts have made for 2019:
Growing C- Suite security risk
Increased risk of shadow IT systems
Increase in corporate espionage and cyber crime
More number of DDoS attacks
Greater number of single-factor password thefts and security breaches
What organizations can do to protect themselves?
Whether you’re working alone or seeking the services of IT support in London, you need to ramp-up cyber security at your workplace. You can do this in the following ways:
• Educate employees
The only way you can ensure pan-organizational cyber security is if your employees actively implement the action plans you send their way. If they must do this, they need to be educated about cyber security, the attacks that they may experience and what they can do to prevent this from happening.
• Structure and safe-guard your data
The most-important thing to do is for you to identify what data is critical for your organisation. That way you can re-structure data and add additional levels of protection to data you feel may be the most vulnerable to attack. Backups and disaster recovery plans must be in place to also ensure safety in the event of a cyber attack. This exercise will also keep you informed about the data you have in your databases and will help you identify if there is any data theft.
• Draft a response plan
Set up a cyber security committee in your organization, involving a representative of each of your stakeholder groups. Ask them to come up with a flexible plan which you can implement to keep your data safe from attack. You can also seek inputs and implementation from your IT support.
• Equip yourself with new-age skills
Finally, upgrade your cyber security skill sets by having key personnel trained. Remember that just as hacking technology becomes more sophisticated, so too does anti-hacking security technology, we would advise you to consult an IT company for the latest technology.
IT-MSP was founded in 2017 to provide London’s small & medium businesses with end-to-end IT services, right from purchasing and installing hardware to providing Mac, Windows & Linux support, cloud solutions, and data backup. We support our clients using proven, high-quality systems and security practices that blue-chip companies take for granted.
We consistently achieve excellent client satisfaction thanks to a process-driven approach, concise documentation and our team of friendly and highly trained London based engineers.