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Home Tech

The Risks and Challenges Faced in Cyber Security

Jahnvi Sharma by Jahnvi Sharma
October 26, 2023
in Tech
Reading Time: 5 mins read
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Cyber Security Challenges

As a result of the present COVID issue, many businesses have switched to a hybrid model. While a hybrid work system is handy, it also provides cyber criminals with various ways to target a company’s network and systems. Leading enterprise-level problems don’t appear to be the same as they were a few years ago. As enterprises adopt new technologies for their businesses, they also increase their digital security vulnerabilities and introduce new security flaws that attackers may exploit.

Cyber threats are evolving, making the protection of digital assets paramount for businesses. Addressing these challenges requires expertise and a proactive approach. For that reason, many companies are now turning to specialized help, like GuidePoint’s app security architecture services, to get professional insight and adequate solutions.

Leveraging professional insights can make the difference between staying secure and falling prey to a costly breach. In this landscape, subtle initiatives like penetration testing or social engineering assessments have become essential tools. Let’s get a better idea of what this entails:

Table of Contents

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  • Challenges of Cyber Security
    • Geo-Targeted Phishing Attacks
    • Poor Cloud Security
    • Threats from within
    • Vulnerabilities in the Internet of Things
    • Remote workers aren’t segmented enough
    • 3rd Party Vendors
  • Conclusion

Challenges of Cyber Security

Geo-Targeted Phishing Attacks

In the coming year, phishing assaults are projected to become more targeted, with hackers using innovative technologies to launch localized and personalized phishing attacks.

Businesses should invest in complete and effective cyber security awareness initiatives to avoid this. They can also use a variety of software packages on their network to help them spot any odd phishing tendencies.

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Poor Cloud Security

Cloud-based software and services are gaining popularity because they make it easier for business members to access files and data from any place. On the other hand, most cloud management solutions do not include authentication and encryption mechanisms, implying that cloud security must be enhanced.

If cloud management software solutions remain inadequately configured, fraudsters will have an easy time circumventing internal controls and files.

So, you need to think about implementing a positive security model and an effective threat identification mechanism, in order to prevent any kind of phishing or malware attacks, thereby securing your entire office network, server, website and portal.

Threats from within

Businesses often neglect insider risks because they are more concerned with keeping outsiders out than monitoring those who have already been granted access. These dangers are perpetrated by trusted individuals who misuse their network access rights, either by accident or deliberately sell data to outside cybercriminals.

Many companies have begun to address insider threats by using zero-trust security, which constantly checks users’ identities and only gives them access to the resources they need to perform their jobs.

Vulnerabilities in the Internet of Things

The Internet of Things (IoT) connects the virtual and physical worlds. As a result, data theft via these devices is a terrifying potential. According to Symantec, hacked routers were responsible for more than half of all IoT attacks in 2018.

On the other hand, connected cameras were responsible for 15% of all attacks. As a result, cyber security problems will exist while these IoT devices are in use.

Remote workers aren’t segmented enough

The quick move to working remotely at the start of COVID-19 impacted business network design by opening things up considerably more than anticipated inside the network, allowing non privileged users access to essential databases.

Instead of segregating internal systems by function, corporations incorporated a single VPN access point into their network. Because there were no internal barriers, all employees had access to the company’s human resources and financial data.

3rd Party Vendors

The average cost of a third-party data breach is rising as more organizations use third-party vendors to optimize operations and increase productivity. While third-party providers can add significant value to a company, keeping track of their cyber security posture can be difficult.

To protect the security of your entire supply chain, your company should implement a thorough third-party risk management program that gives you complete visibility into all of your vendors’ cyber health.

Conclusion

In today’s world, cyber security challenges have become a national security issue, with businesses of all sizes, government and private universities, and hospitals all vulnerable to cyber-attacks from around the world. Furthermore, in our efforts to combat increasingly developing threats, we frequently encounter obstacles that must be overcome to secure one’s area.

Because the demand for a cyber security specialist is growing in response to the growing number of cyber security issues, now is an excellent time to enroll in a cyber security course.

Numerous online institutions offer cyber security courses, one of which is Jigsaw Academy, which is considered a top cyber security institute in India. Their PG diploma in cyber security is one of the most popular courses among their many offerings.

Also read: 17 Suggestions to Help You Ace Your Cyber Security Career

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Jahnvi Sharma

Jahnvi Sharma

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