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 cybercriminals 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.
As a result, cyber security issues have swiftly risen to the top of the priority list among businesses wanting to protect all of their bases. Cyber hazards continue to rank among global dangers, according to the World Economic Forum’s Global Risks Report 2021.
Table of Contents
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.
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
