Establishment of Cyber Security Culture in the Workplace

The world is accelerating its shift to digital technology. According to a Norton study, India saw 18 million cyberattacks in the first quarter of 2022, with an average of 2 lakh daily threats! India is ranked third among the 20 countries that have experienced the greatest impact from cyberattacks globally. India must close the skills gap and hire more skilled cybersecurity professionals immediately. The Indian government provided an astounding 515 crores for Cybersecurity in the most recent Budget (2022-23).

It has been seen that the majority of the population is unaware of how to deal with such cyberattacks. Worry not; you landed at the right place. On 31st August 2022, SSSi Online Tutoring Services conducted a webinar on Cybersecurity by emphasizing the Establishment of Cyber Security Culture in the Workplace. In the webinar, the expert, Mr. Sanjeev Relia, shared his experience in the field and recommended a few steps to spread awareness about Cybersecurity.

Top Cybersecurity Breaches

In 2021, there were reported to be over 4,000 cyberattacks, including ransomware, data loss, and many others. Data breaches increased by 17% more frequently in 2021 than the previous year, according to a report by the Identity Theft Research Center (ITRC).

According to data from the Identity Theft Research Center (ITRC), 17% more reported data breaches in 2021 than in 2020. Recent cyberattacks from the last year include examples like these:

ProxyLogon Cyberattack

A Microsoft Exchange server compromise that led to several zero-day vulnerabilities was among the most harmful recent cyberattacks. Microsoft discovered the ProxyLogon vulnerabilities in January and patched them in March. The Hafnium hacking group first introduced these flaws. But more groups joined Hafnium in attacking unpatched systems, which led to the compromise of thousands of organizations.

MeetMindful Cybersecurity Breach

In January 2021, the dating app MeetMindful was subjected to a cybersecurity attack, which exposed and stole the data of over 2 million users. The hackers who orchestrated the event successfully stole Facebook account tokens and user details like full names.

Tether Attack

Cybercriminals threatened to leak Tether cryptocurrency documents in March 2021. The attackers demanded a settlement fee of about 500 Bitcoin ($24 million), claiming the information would "harm the Bitcoin ecosystem," but Tether refused to comply.

CNA Financial Breach

The insurance company, CNA Financial employees, can no longer access company resources because of a ransomware attack that has locked them out of their computers. The March 2021 attack also resulted in the theft of company data, prompting CNA Financial to pay the $40 million settlement fee. For further information, connect with our Cybersecurity Assignment Help.

What are the Different Types of Cybersecurity?

There are several forms of Cybersecurity:

Network Security

Most attacks occur over networks, and network security solutions are made to spot and stop these attacks. These solutions include data and access controls, including Next-Generation Firewall (NGFW) application controls, Network Access Control (NAC), Data Loss Prevention (DLP), Identity Access Management (IAM), and NAC (Identity Access Management), to enact safe web use policies.

Cloud Security

Securing the cloud becomes a top priority as businesses increasingly adopt cloud computing. An organization's entire cloud deployment (applications, data, infrastructure, etc.) can be protected against attack with the help of cyber security solutions, controls, policies, and services.

Endpoint Security

The zero-trust security model advises enclosing data wherever it may be in micro-segments. Using endpoint security with a mobile workforce is one way to achieve that.

Mobile Security

Mobile devices, such as tablets and smartphones, are frequently disregarded but have access to corporate data, putting businesses at risk from phishing, malicious apps, zero-day vulnerabilities, and IM (Instant Messaging) attacks.

IOT Security

Although using Internet of Things (IoT) devices undoubtedly increases productivity, it exposes businesses to new online threats. Threat actors look for weak devices that are unintentionally connected to the Internet for the wrong purposes, like gaining access to corporate networks or joining another bot in a large bot network.

Application Security

Like anything directly connected to the Internet, web applications are a target for threat actors. Since 2007, OWASP has kept track of the top 10 threats to serious web application security flaws like cross-site scripting, injection, and broken authentication, to name a few.

Zero Trust

The traditional security model focuses on the perimeter, creating fortified walls around a company's most valuable assets. This strategy has several drawbacks, including the possibility of insider threats and the quick demise of the network perimeter.

Impact of a cyber attack on your business

A successful cyberattack could affect your company. It may impact your revenue, company reputation, and customer confidence. A security breach's effects can be broadly categorized into financial, reputational, and legal.

Financial cost of a cyberattack

Cyber attacks frequently cause a sizable financial loss due to:

• Unauthorised access to corporate data
• Financial information theft (e.g. bank details or payment card details)
• Stealing money
• A halt to trading (e.g. inability to carry out transactions online)
• Loss of contract or business

Businesses will typically incur costs for repairing harmed systems, networks, and devices as part of their response to the breach.

Build a cybersecurity culture in your organization

It takes time to develop a strong cybersecurity culture. It requires ongoing nurturing and cultivation. Our experts have summarised the top five suggestions from our eBook, "Stay Safe with a Healthy Cybersecurity Culture," to assist you in getting started:

Recruit your leadership team

The leadership team must support a cybersecurity culture, for instance, by emphasizing its significance through training and changing business procedures. Create a security organization that includes important players like management, a security officer, and the information asset owner. The stakeholders must collaborate closely to foster a cybersecurity culture among the workforce.

Encourage accountability

All employees must comply with security policies when using company information and IT devices. Ensure that using hardware and software that the company does not provide is forbidden. Experience has taught us that taking responsibility is the cornerstone of effective action. Therefore, no matter the rank or position of the offender, violations must be addressed and punished.

Make people aware

Employees must know the security regulations that apply to corporate and customer data. Data leaks that undermine organizational trust can only be prevented in this way. It's crucial to spread awareness to suit the target audience. For instance, mobile device users should be aware of "shoulder surfing" and always use VPNs.

Facilitate communication

Threats should be dealt with in a coordinated manner through communication. All employees can easily and quickly report suspicious activity thanks to clear, easy channels. Don't criticize the person involved if the activity turns out to be risk-free. Think about including Cybersecurity in the yearly employee review. Learn more about it with Assignment Help USA.

Test using actual situations

Tests and exercises are the best way to prepare staff members for actual attacks. You can observe how well they react in an emergency and what they do to lessen the incident thanks to them., It is, of course, a lifelong process of learning. The entire organization gains when employees are trained and aware of the risks. The integrity of an organization simply includes having a resilient security culture.

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