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Peter Hacker – cyber security speaker will explain to you everything your business needs to know! Corporate marketing is evolving, as are the risks for companies. From huge companies to small business owners, most companies today are harnessing the power of technology to increase sales, automate activities and integrate marketing data. However, with the implementation of advanced techniques, there is an analogous increase in hackers and cyber attackers. The annual cost of cybercrime to the global market already exceeds US$1 trillion, with an exponential rise each year. Organizations, businesses, and communities that are looking to thrive rather than survive to understand that it is essential to develop and react proactively.

 

Cyber Attacks are increasing

 

For many of us, it seems that almost every week a cybercrime makes the headlines even if we do not take into consideration attacks against individuals (wealthy people, senior executives, celebrities, and VIPs). Criminal cyber attacks are increasing exponentially around the globe, and no company, family business, government office or non-profit organization should assume to be safe from hackers.

The perpetrators make constant attempts to break into a system, and it is enough only to succeed once to make a mess on its target. In the middle of all this, there is the idea that cyber attacks endanger only companies and governments. The result is a lack of training and equipment that makes individuals and family businesses a very easy victim than other institutions or companies.

Cyber attack trends should be viewed as of pressing concern for companies and individuals. Let the cyber security speaker give you the best tips.

Trends in cyber attacks:

 

While there are many spheres to investigate in terms of information security developments, the following trends in cyber attacks should be rated of critical significance to companies and individuals because of the risks they represent.

 

Ransomware:

The most useful preventive measure to avoid Ransomware infections is to secure that all users are trained in a simulated setting in best practices for safe Internet browsing to prevent drive-by downloads and malicious advertising and content. Considering that prevention will not solve the issue, the focus should be on detection and response.

 

Business email compromises:

It is recommended for users to get the proper training to be able to identify phishing emails and never click on links or download attachments in unrequested emails.

 

Threats on social networking sites:

Social media platforms such as Facebook, Twitter, and Instagram are the main target of many hackers who focus on high net worth individuals (HNIs) and also their family. Users are urged to be careful about what they post, whom they add as friends (potential information thieves) and to try to keep their personal lives private – out of social media.

 

Cyber extortion

A dominant form of a malicious attack on the Internet is Cyber extortion. It is an attempt to destroy, confuse or obtain unauthorized data to your system — the primary purpose of stealing money from you or your company. A typical case is a high-profile person who downloaded an email attachment that seemed to come from his clerk. The attachment included a Ransomware which, once downloaded, instantly encrypted all folders (crypto bin) on the computer.

 

When the person tried to open any folder, a message appeared on the screen asking him to pay a ransom in Bitcoin in order to obtain a decryption key. With the assistance of an IT expert and legal counsel, the threat was evaluated credible, and he was forced to pay the ransom ($5,000). This cost of the investigation and the payment of the ransom could be covered by cybernetic insurance. Many have been objects of this cruel act, and statistics indicate that the number of these acts will increase in the next years. However, there are several ways to prevent the attack and keep the integrity of your business.

 

Know your data and risk environment 

 

You will never know what level of risk you are facing unless you thoroughly understand the amount of personal data your business keeps about its customers. Because more data means more dangers. Moreover, some types of data are more sensitive than others.

 

Backing up everything:

If you or your business is a victim of Internet extortion, even if you lose all data stored locally on your machine, you can still have the resources to recover data and reconstruct your digital infrastructure.

 

Keep up to date with the evolution of your security software:

There is no better assurance against data breaches than to avoid them first. Always keep your security software up to date on time, including malware and virus definitions.

 

Examine DDoS updates:

distributed denial-of-service attacks are viral in business system degradation. Adding a level of protection for your systems in order to counteract DDoS attacks and influences is a very well made investment.

 

Get to know the situation of your country:

the central states to which the DDoS program is directed all over the world are China, the United States, Canada, Great Britain, Brazil, France, Germany, Japan, Hong Kong, and Saudi Arabia. Experience shows that DDoS attacks should last less than 3 hours in 90% of cases.

 

Know about your employees:

It is a good habit to check the social environment and the history of employees’ work in order to provide as much protection against cyber extortion and other causes of responsibility. Many cyber attacks start inside of the business or by former informants.

 

Peter – the Cyber Security Speaker recommends prevention

Cyber-blackmail is now widespread worldwide and will remain to be exponential as long as it works. It evolved over the last few years at an exponentially accelerated rate at VIP, people with high levels of wealth, family offices, large corporations, and SMEs, and even accelerate again in the last three months.

 

There is no ‘golden panacea,’ but planning for such moves is no longer something that can be left to businesses, organizations, audit teams, legal departments and IT security teams or individuals. Prevention will not help in itself, but combined intervention and administration can make the difference between survival and prosperity change.

 

Cyber risks and crime can persist on a global scale, with severe and widespread consequences. There is no other risk similar to this dimension. The fact is that cybercrime and cyber-security risks are unavoidable, but detection, reduction, intervention and risk control can make a small difference between disaster and prosperity.

 

Focus on detection, intervention, control and risk education.

 

If, as individuals and businesses, you want to be informed of all actions going beyond prevention, focusing on intelligence, detection, response, control, and risk education, security is provided on a consistent and much broader scale. To be thoroughly prepared, you need to evaluate your preparedness beyond the physical security of IT, and personally feel the consequences of decisions (either as an individual or as management) and get answers to necessary cybercrime and cyber-security questions, such as:

 

  • What are the most likely attacks and what are their possible consequences?
  • What threats intelligence do we have?
  • What are the different privacy legal environments in which you work globally and what are the potential threats actors, occurrences, breaches or scenarios? 
  • Are there adequate capabilities, capabilities, and policies for strategic and operational defense against such attacks?
  • What are the fiduciary commitments (if any) concerning cybercrime and cybersecurity vulnerabilities?
  • What are non-standard recovery solutions (IT security, support, and insurance)? 
  • What are the potential traps (incident cases, threat actors, sub-factors, outlines)? 

 

The last 16 months have seen a sharp increase in the number of attacks on well-known and growing brands, industries, organizations and individuals around the world. Unlike in the past, the consequences were not only huge inconveniences, contractual damage, damage to reputation and finances, but also to ISD, CFOs and even CEOs who were left behind as a result of the loss of cybercrime and/or violations of privacy and personal data protection rights.