It is estimated that by the year 2021, the global economy would bear the loss of US$6 trillion due to cyber attacks.
Life without the web is hard to imagine. Over the past decade, an exponential increase in the usage of the Internet has been observed. With smartphones and Laptops becoming part of everyday activity, internet consumption has also increased. Humans are just one click away to gain knowledge about everything. With the advent of the World Wide Web in 1995, the technological world has already stepped into an era of revolution. However, despite many attributes of the Internet, one major challenge observed by almost all the enterprises is possible cyber-attacks and malware. Reports suggest that by the year 2021, the total loss in the global economy would be US$6 million due to cyber-attacks.
That’s why a strategic approach must be formulated to mitigate cyber-attacks. In this article, we will observe five types of cybersecurity techniques, which will help in reducing the cyber attack amongst enterprises and organizations.
Critical Infrastructure Cybersecurity
The critical infrastructure cybersecurity technique is deployed to secure the systems that have the critical infrastructure. They are systems on which the societies heavily rely on. These include- Electricity grid, Water Purification, Traffic lights, Shopping centers, and hospitals. They are not directly linked with a possible cyber infringement but can act as a platform through which the cyber malware can happen to the endpoints that these systems are connected to.
To mitigate the possibility of cyber malware or reduce cyber attacks, the organizations responsible for maintaining critical infrastructure must access the vulnerable points for protecting the businesses that they are liable with. Organizations that utilize the critical infrastructure must also evaluate the amount of damage caused due to cyber attacks. These organizations must have a contingency plan that would help their businesses to bear no brunt of the cyber attacks.
Network security is a technique that enables organizations to secure computer networks from intruders, targeted attackers, and opportunistic malware. As the Internet has an assortment of networks associated with various websites, it is often observed that the organizations become targeted with unauthorized intrusion, with malicious intent. Also, as many websites contain third party cookies, the users’ activities are tracked. Sometimes this might prove helpful for organizations to grow their businesses, but often customers become prey to fraud and sexual exploitation. Hence to counter the cyber attacks and malware associated with the network, organizations must deploy a security program to monitor the internal network and infrastructure. Experts have suggested leveraging Machine learning technology that will alert the authorities in case of abnormal traffic. The organizations must continue to upgrade their network security by implementing policies that can thwart cyber-attacks.
Experts suggest the following methods for upgraded network security:
• Extra Logins
• New Passwords
• Antivirus programs
• Incognito Mode
• Monitored Internet access
Most of the organizations are now inclined towards utilizing artificial intelligence to improve their businesses, enhance customer experience, and for efficient operations. With the plethora of data available at each step of organizational set-up, it becomes difficult for organizations to store these data in physical form. Also, it is observed that often this data is unstructured and is derived from unknown sources, which can cause a potential threat to the organization’s network. Hence, Amazon Web Services, Microsoft Azure, and Google Cloud present their customers with a cloud computing platform, where the users can store, and monitor data, by implementing a security tool.
Reports suggest that on-premise environments are highly prone to cyber malware. By integrating the system with a cloud security platform, the users will be rendered with the secured data, thus mitigating the possibility of a cyber-attack.
Internet of Things Security
The Internet of things is being observed to be the next tool for the technological revolution. A report by Bain and Company has estimated the market size for IoT to expand by US$520 billion by the year 2021. With the help of its security network, IoT provides the user with a variety of critical and non-critical appliances such as the appliances, sensors, printers, and wifi-routers amongst routers.
The report suggests that one of the main obstacles for implementing IoT in any organization is the threat to security. By integrating the system with IoT security, organizations are provided with insightful analytics, legacy embedded systems, and secure network.
The users get infatuated with different applications, which include hardware, software, and devices. But an application becomes equally prone to cyber-attack or malware like the networks. Application security thwarts the cyber-security infringement by adopting the hardware and software methods at the development phase of the project. With the help of an application security network, the companies and organizations can detect the sensitive data set and secure them with specific applications about the datasets.
Some of the methods associated with application security are:
• Anti-virus Program
• Encryption Programs