When evaluating cybersecurity risk, we tend to focus on technological factors: patches and upgrades, vulnerabilities, attack vectors, and so forth. Yes – technology solutions are vulnerable, and cybersecurity breaches are usually facilitated by advanced hacking technology.

However, the perpetrators behind cyber-attacks are human. These human actors have human motivations: greed, or a political agenda. Furthermore, cyberattacks often rely on human weaknesses – socially engineered cyberattacks, for example.

Data breaches can be very costly. Costs can include the usual financial consequences such as response and remediation, customer breach notification, litigation expenses, and regulatory fines, but can also include less obvious consequences such as the cost of business disruptions, loss of customer trust, and higher insurance premiums.

Clearly, it’s imperative for businesses to find ways to avoid a data breach, and here is how it can be done.

An organisation’s primary and immediate line of defense against malware is typically the antivirus software installed in each of their users’ endpoint devices. It works in the background, checks data being received for known malware signatures, and warns users of possible threats. Antivirus software does contribute greatly to an organisation’s online security, but it is not enough to mitigate all malware threats when you consider how advanced these threats have become.

Social media is the new black and everybody wants to be part of it. Posting one’s activities, sharing one’s thoughts, and reacting to other people’s posts have simply become part of our daily lives.

But to those who know what they’re looking for, this social media content can lead to a goldmine of information. It is through this goldmine—terabytes upon terabytes of data, that cyber criminals flourish, using such data to attack individuals and even companies.

How exactly can cyber criminals use social media to compromise online security and attack business organisations? Let’s discuss their methods.

The internet of things (IoT) is undoubtedly growing rapidly. According to Gartner the typical CIO will be looking after triple the number of IoT devices in 2024, compared to the number of IoT devices under their security remit in 2018.

This influx is caused by a mix of repurposed consumer devices, IoT devices that support infrastructure and business-specific IoT devices. Dodging the explosion of IoT devices is impossible, and yes, IoT does deliver a lot of advantages – but the security implications can be serious.

VPN use is widespread and for good reason: it brings large security and privacy benefits to end-users as it shields internet usage from prying eyes. But what if the VPN provider you’re using is susceptible to foreign government interference?

What if your VPN provider’s host country provides little in the way of data protection legislation? Have you considered whether the owner of your VPN service takes data security seriously at all? VPN users don’t always ask these questions – but they certainly should.

The World Wide Web has always been a valuable source of information and a reliable means of communication to masses of users across the globe. With more than 5 billion Google searches made every day and a projected $3.5 trillion online retail sales for 2019, you’d think that the internet as we know it is already as vast as it can be.

Unknown to most people, however, is that the surface or visible web—the part of the internet which the average user can access through search engines—comprises only about 4% of the entire web. The rest is composed of the deep web, a small part of which is the oh-so-mysterious (for the curious) but essentially shady, dark web.

IT security is one of those business risks that can go under the radar until the worst happens. Businesses that do not operate in the technology arena are especially vulnerable to the consequences of the lack of IT risk assessment. Fortunately, these existential risks can be completely avoided.

What does an IT security assessment do?

In essence, IT security assessments are the actions and procedures that determine, evaluate, and then eliminate a range of vulnerabilities in technology systems and the business processes linked to those systems.

Password security is a major issue that no business or enterprise can ignore. Countless hacking attempts succeed due to inadequate password security. However, remembering all those strong and (hopefully) unique passwords can be tedious, to say the least. Are password managers an alternative? Let’s take a look.

Data breaches can result in dire financial repercussions for any organisation that has to deal with sensitive data, whether that be personally identifiable information (PII), personal health information (PHI), payment details, or other similar data. Depending on the number of records compromised, the costs range anywhere from tens of thousands to hundreds of millions of dollars.

The latest Ponemon study, sponsored by IBM and released in July 2018, calculates the full cost of “mega breaches” (involving more than 1 million lost records) to be $350 million. This figure takes into account the more evident cyber incident expenses such as those for technical investigation, customer breach notification and credit monitoring, regulatory fines and litigation services, among many others. The organisation would also have to cover the cost of investing additional resources into network security improvements.