Importance of cybersecurity for cyber-attacks
Why do we have fire drills when we hardly or never encounter fire? The same goes for cybersecurity – we do not know when we will encounter a cyber-attack. Cybersecurity is the practice of protecting systems, networks and programs from digital attacks. Successful cybersecurity has multiple layers of protection spread across computers, networks, programs or data that one intends to keep safe. 1
Impact of cyber-attacks on companies
Cyber-attacks can cause financial loss for the business as well as reputational damage. When there is a loss in customers’ data to hackers, it has resulted in a fall of many companies. Companies have risk falling into endless lawless and may declare bankruptcy when customers’ data are stolen by hackers. Data recovery takes time and can be very expensive. 2 Due to reputational damage to the company, customers will lose trust in it and hence venture to other companies. Therefore resulting in a loss of profits and sales.
In March 2018, data tied to Under Armour’s fitness application was breached and affected 150 million users. Information such as user names, email addresses, passwords was stolen but users’ credit card data and social security or driver’s license numbers were not breached. During after-hours trading, Under Armour’s stock dropped more than 2%. 3
Ways employees’ actions make companies vulnerable to cyber attacks
The software requires ongoing updates and upgrades. Software becomes outdated when it does not have updates to support it.4 According to PC Trends report 2019,5 1 in 6 Windows 7 users and 1 in 10 Windows 10 users are using an outdated operating system version. Outdated software does not have patches if vulnerabilities are found, resulting in more advanced cyber-attacks. Therefore, it is important to update the software as not updating it expose the business to vulnerabilities and security risks.
Employees having weak or the same passwords across multiple accounts can allow cyber-attacks to take place easily. Principle researcher, Jarno Niemela at F-secure 5 stated that the Brute force attack is the primary way hackers use to bypass the security. It is accounted that 31% of cyber-attacks used this method to hack into their target. Brute force attack means inputting as many passwords possible, seeing if it works against their target. Hackers even have automated scripts that can find a way around simple protection, such as the maximum number of tries of passwords within a certain time window. 6 Hence a simple and common password can easily fall prey to the next cyber-attack.
In today’s world, emails are the most preferred way of communications when it comes to business-related context. Companies normally collect and stores a huge amount of personal data.7 In order for all of these personal data to be well taken care of, employee’s knowledge and care can play an enormous part in preventing a cyber-attack from happening. A research done by ‘The Radicati Group’8 shows that an average person needs to go through 235 emails a day. With these large amounts of emails, it is not surprising that some may contain scams in the form of attachments or links. With an accidental click, employees may be opening the gates to those cybercriminals into the company’s digital home.
Products available to reduce cyber attacks
Endpoint protection with EDR
EDR means endpoint detection and responses. Its solutions are designed to monitor and respond to advanced internet threats continuously.
Endpoint protection provides simple security for business. It automatically removes malware when detected or isolates comprised devices in order to prevent damage. Below are some ways of how endpoint protection removes malware. 9
In order to prevent the problem from spreading further, part of rectifying a problem is to put it in quarantine. Comprised devices will be isolated when necessary until companies ensure they are safe.
As employees may not be aware of malicious links, attachments or downloads, cyber-attacks may occur once employees click onto those. Therefore with endpoint protection, it will help to remove if anything malicious is found. It is simple and automatic.
Synchronised security transforms threat detection when threat discovery, investigation and response are automated. The incident response time is reduced exponentially and tactical resources can be refocused on strategic analysis.
It helps to find out any suspicious behaviours and allow the detection of malware that is specifically designed to avoid traditional solutions.
It helps to pre-filter all Hypertext Transfer Protocol (HTTP) traffic and tracks suspicious traffic. Additionally, the file path of the process for the sending of malicious traffic.
Suspected system of what exactly firewall is detecting is alerted when there is immediate and automatic communication between Endpoint and Network. It allows the endpoint protection agent to instantly use the information to find out the process behind the attack.
Endpoint backup ensures regulatory compliance and improves data visibility for a mobile workforce. It allows employees to protect the corporate data at their convenience. It helps to protect and manage the data across all endpoints such as laptops and smartphones. The unified visibility and search across the data deliver fast identification for governance. To ensure zero-impact to the productivity of end-users, lightweight with tunable resource controls are used. 10
Endpoint protection with EDR
· Removes malware
o Threat removal
o Synchronised security
· Decloaking malware
o Behavioural analytics
o Traffic detection
o Integrated endpoint and network
· Ensures regulatory compliance
· Improves data visibility
· Protects cooperate data at convenience
· Fast identification
· Zero impact to productivity
Your company can be a victim of cyber-attack just because of a small mistake made by your employees. Prevent your company from having reputational damage and facing financial losses due to cyber-attacks. Act fast before it is too late!
Click here to find out more about ways or products available to protect your data, or email us to arrange for an appointment with our experienced manager. We will provide ways for you to become more secure.
Author: Toh E Pyn
Protect Against Advanced Email-Based Attacks Wednesday, 24 February 2021, 2PM – 3PM Email phishing is one of the greatest security threats facing organisations globally. With the pandemic accelerating digital transformation and with workforce disconnected from the
Data Breach – When Traditional Layers Of Cybersecurity Fail “How Prepared Are You?” What happens when your traditional layers of cybersecurity fail? How can you stay ahead of the game? Nobody could ever be prepared enough
Webinar | Cyber Risk Management in the New Digitalisation Age Cybersecurity Management and Risks Transfer Considering the complex, dynamic network and devices that businesses must govern across firewalls, applications and cloud – Cybersecurity is no longer
Netpluz ranks in Top 10 Among Top Managed Services Providers With the continuous support from our valued customers, partners and business associates, Netpluz is pleased to announce that we have managed to clinch a spot in
Choosing the best cloud model for your business Simply put, cloud computing is the delivery of computing services—including servers, storage, databases, networking, software, analytics, and intelligence—over the Internet (“the cloud”) to offer faster innovation, flexible resources,
Webinar Recording | Fight Against the Rise of Ransomware Click the video to play – Source:Youtube.com Stories of organizations crippled by ransomware regularly dominate the IT news headlines, and accounts of six- and seven-figure ransom demands
Webinar Recording | Simplifying Communication with Microsoft Teams & Netpliz SIP Trunk Click the video to play – Source: youtube.com The current period, with so many working from home due to the global Covid-19 pandemic, has
Netpluz Asia Pte Ltd receives Business Eminence Award 2020 With the support of our valued customers, partners and business associates, Netpluz Asia is pleased to announce that we have been awarded the Dun & Bradstreet Business
The Results… Customer satisfaction is a key performance indicator for Netpluz. The survey helped us to measure our relationships with our customers and highlight areas for improvements. With the feedback we have gathered in 2019, Netpluz
LIVE Webinar | Understanding SME’s Obligation in Data Protection and Cybersecurity Zooming into the responsibilities of Business, IT and Compliance during and post COVID-19 26 June 2020 | 2.30 PM to 4.00 PM We know the
Webinar: eSentinel™ – 360° Managed Cybersecurity, Simplified No matter how good your multiple cybersecurity tools are, an attacker will eventually find a way into your network through vulnerabilities. Once cybercriminals acquire unauthorised access, you can only
Dear Customers, Partners and Friends of Netpluz, During this unprecedented time, as COVID-19 continues to spread globally, our priority is the safety of people, especially our employees. We have already ensured, prior to the outbreak, that our employees
WORK@HOME Webinar: Microsoft O365 & Teams Maximise your BCP efforts with the right solutions! With COVID-19 continuing to impact people and countries around the world, teams everywhere are moving to remote work. In this free webinar, experts on Microsoft
With the current outbreak of Coronavirus (2019-nCoV), officially named “Novel Coronavirus Pneumonia” or NCP by Chinese Health Authorities in China, businesses in the region have started to relook at their Business Continuity Plan (BCP) on how
Cyber Security is the protection of not only internet-connected systems (including hardware, software or electronic data) from theft or damage by cybercriminals but also from disruption of services following a successful cyber-attack. According to the Cyber
An ounce of prevention through Vulnerability Assessment and Penetration Testing (VAPT) is worth a pound of cure We all have witnessed the notorious cyber-attacks like WannaCry and NotPetya/ExPetr.1 These high profile attacks have resulted in large
In this day and age, customers are no longer assessing shopping malls, hotels, and other businesses solely based on their products and services. With internet connectivity being an integral part of our daily life, customers view
Microsoft will no longer update or provide support for Windows 7. This means that Windows 7 users will need to start thinking about finally moving on from their favourite Windows operating system. Systems that are running
PDPA Compliance – Is Your Corporation’s Data Free From Cyber Threats Such As Data Breaching? Cyber activities are becoming more common than you think. According to a survey report released by the Cyber Security Agency of
STABILITY OR SECURITY: MAKE THE RIGHT CHOICE BETWEEN STATIC IP AND DYNAMIC IP Business Internet Connectivity It has become common for businesses like yours to be bombarded with broadband packages from various Internet Service Providers (ISP).
The Difference Between Public VS Private Cloud Businesses are transforming more application are moving into the clouds. Gartner predicts that by 2021, businesses will adopt an all-in cloud strategy. When businesses start to use SaaS (Software
IS SD-WAN RIGHT FOR MY BUSINESS? SDWAN (or SD-WAN) stands for Software-Defined Wide Area Network is gaining popularity among business, especially those who require simplicity in expanding their connectivity across their regional offices or branches. Most
Tier-based cloud security standard. The Multi-Tier Cloud Security (MTCS) Singapore Standard (SS)584 is a cloud security certification managed by the Singapore Info-comm Media Development Authority (IMDA). The MTCS SS is the world’s first cloud security standard that covers
What happened recently with so much Data Breaches news coverage? One of the key challenges for organisations today is how to safeguard their information systems and digital infrastructure from attacks by malicious hackers and cybercriminals. Current
5 Benefits Why You Should Engage a Managed IT Services Provider Why should any company engage a managed IT services provider? In this article, we will discuss five benefits for your company, including improving your own
Quality Communication Services with Cyber Protection The internet revolution has radically altered the way business is conducted. The size and location of business are becoming increasingly unimportant, in today’s internet-connected global playing field. Furthermore, with
Everything you need to know about SD-WAN: The top 3 benefits of using this next generation technology for digital transformation What is SD-WAN? With businesses shifting towards the age of digital transformation, SD-Wan is emerging as
As the Gold Sponsor, Netpluz is delighted to invite you to attend Cloud Expo Asia 2019. We would like to invite you to attend Asia’s Largest technology gathering to learn and source from the Tech industry’s
We live in an interconnected society whereby information and data is readily available at the tip of our fingertips, literally. You’ve most likely been reading about various cyber-attacks in the news, and have heard about the
360° Cyber Security Protection for Business With a few strokes of a keyboard, rogue individuals or hackers can launch a cyber-attack such as Distributed Denial-of-Service (DDoS) from anywhere, at any time, disrupting and damaging your
NETPLUZ, a homegrown provider of Managed Services for Data, Voice, Video and Cyber Security solutions, has launched Software Defined Wide Area Network (SD-WAN) solutions to enable and simplify current and future customers’ transition to a future ready cloud-based software defined WAN.
Addressing cyber security issues related to SMEs, the event will gather senior management and Security Professionals to raise awareness, share ideas and solutions to tackle critical operational issues facing the sector.
Netpluz Asia Pte Ltd, a newly formed homegrown managed services provider, said today it is paying S$3 million for the business assets of two Mediaring communications companies – Mediaring Network Services (MRNS) and Mediaring Communications (MRC).