Security breaches again making big news in , but, How well are you protected? With increasing number of malicious hacking techniques, enterprises should be more cautious about the emerging threats and ways to prevent it. Let’s check out the ways to mitigate your top 5 business security threats.
In one of our previous blog we discussed about the top 5 business security threats and now we will discuss the various ways to prevent/ what we can do to mitigate those risks.
Service provider risks: Service providers has become a key vulnerability nowadays. Enterprises should ensure comprehensive risk management and oversight of third-party relationships involving critical activities. Be very careful in selecting a service provider and a continuous monitoring should be carried out in their activities and performance. Enterprises should validate whether the service provider is following security best practices.
Mobile Malware: BYOD poses serious security risks and it is increasing day by day. With a clear BYOD policy in place, organizations can better protect their sensitive data to a great extent. Educate the employees on device expectation and a regular monitoring of the device performance or usage can quickly enable the organization to pinpoint any malware.
IoT risks: The rise of Internet of Things have already sparked concerns about security and data privacy. How to defend the network from threats IoT poses? Enterprises should confirm from the vendors that their products will not succumb to common application vulnerabilities. Network scanning and enumeration should be done on a frequent basis to account for what exactly resides on a network
Mobile payment threats: Hackers have now targeted the various mobile payment systems and therefore upfront analysis and countermeasures are needed to mitigate the risk. Strong assurance from independent trusted third parties as well as the development of, and adherence to, best business practice within the mobile payment ecosystem will be required to prevent threats. Compelling business cases will need to be made for enterprises to retool to accommodate mobile payment technologies such as NFC.
Cyber security breaches: Since cyberspace has become an attractive haunting ground for hackers, companies need to look at it as an opportunity to take the necessary steps to survive and mitigate an attack and potential breach. Cyber security breach can be minimized through often checking of web-facing servers, increased awareness about the system among employees, regular monitoring of anti-virus and anti-malware software etc.
Organizations whether small or medium size need to have a security awareness training among the employees to make them understand how much sensitive information stored in the system. Train employees on security policies and practices. Data encryption, access control, firewall protection, remote backup and regular monitoring on network, systems and user activity all can help an organization to reduce the security risk to a great extent.
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