Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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As the world is increasingly interconnected, everyone is responsible for securing their own cyberspace. It is rightly said that for every lock, someone is out there trying to pick it or break in.

Proper cyber security is about preparing for what’s next, not what was last. As corporate work has pushed the security boundaries of all corporations, from the entire computing systems to data storage, including configuration management, compliance enforcement, and file integrity monitoring, there’s been an increase in the appetite of cybercriminals to take advantage of it. Hence new advancements in security threats and digital crime have led to a tremendous increase in the need for computer security and protection for all gadgets.

In 2021, Security Boulevard reported that cybersecurity threats, where threat actors manipulate employees into supplying sensitive data, rose by a staggering 270%. However, the new hybrid work style has increased or brought about new security issues. The security risks of BYOD and choose-your-own-device (CYOD) present a multi-faceted problem for organizations, demonstrating how the quick and abrupt transition to remote work resulted in increased attack surfaces that businesses are primarily unprepared to secure. In addition to being exposed to security flaws on BYOD devices, enterprises are utterly unaware of any security risks. Hackers can easily compromise data and use employees’ credentials to access and breach the enterprise network and destroy the data on the endpoint.

The assault of ransomware, phishing operations, and other types of cybercrime continues to be a potent force. The key is to have threat-agnostic defences, according to the Acronis Cyberthreats Report for Mid-Year 2022. Currently, the average malware sample barely survives in the wild for 2.3 days, and 81% of variations are only noticed once. A single successful attack can destroy organizations of any size. Still, on the other hand, global reliance on digital technology creates new entry points and avenues for cybercriminals to target and have a creative influence on businesses and firms worldwide. The key priority for operations is cybersecurity. High-profile data breaches sadly demonstrate the need for data protection and the protection of personally identifiable information (PII). Solutions such as Acronis Cyber Protect quickly detect and halts ransomware encryption once detected, while allowing easy and quick data recovery and backup.

Phishing, distributed denial of service (DDoS), and videoconferencing attacks are among the most frequent methods hackers use to target remote workers. Phishing scams cause over 80% of security flaws. Phishing schemes commonly combine phone, text, and email conversations, with victims receiving emails purporting to offer them a lucrative job but containing dangerous files. In some instances, opening the document activates the vulnerability, which causes a Word file located on a Bitbucket repository to be downloaded. In DDoS attacks, the perpetrators attempt to influence the target in one of the following ways: by utilizing software flaws or implementation weakness to disrupt the service, wherein some assaults consume all of the victim’s bandwidth or resources. Attackers also scour the network for equipment with defects and then take advantage of such devices. These devices are referred to as zombies.

One of the most frequent risks in cloud jacking, which occurs when a third-party infiltrates cloud computing. Once a hacker has gained access to your company’s cloud, they can manipulate critical data by reconfiguring the cloud code and extending their authority to take over the entire cloud. Again, due to the rapid advancement of technology, cybercriminals have several opportunities because the technology to defend this handover has yet to be established.

By addressing the lack of cybersecurity professionals available to match the growing sophistication of threats, it is possible to preach and practice several recommended practices to combat this vast horizon of cyberattacks. Such as investing in the proper implementations and technologies, updating infrastructure, which helps prevent cyberattacks, following and putting into action the mix bag elements for choosing and onboarding team members, and staying current with developing cyber defense platforms. Additionally, maintain the system and SaaS backups so that your data can be retrieved promptly and simply in the event of a ransomware attack. Using a single-agent platform like Acronis Cyber Protect also minimizes complexity and limits gaps in your security solution, making it more difficult for attackers to strike. Utilizing the most popular kind of secure remote access, an enterprise-grade virtual private network (VPN) is another approach to protecting data in a hybrid working environment. Off-site employees can access corporate information remotely using these solutions, which create an encrypted tunnel.

Author,

Rustom Hiramaneck, General Manager – South Asia at Acronis

 

 

References: –

https://jumpcloud.com/blog/byod-risks

https://www.acronis.com/en-us/cyber-protection-center/posts/acronis-cyber-readiness-report-pandemic-reveals-cybersecurity-gaps-need-new-solutions/

https://www.tripwire.com/state-of-security/national-computer-security-day-tips-for-securing-your-home-computers

https://www.currentware.com/blog/hybrid-workforce-cybersecurity-tips/

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members