Category: Cybersecurity

What is a denial of service attack? How to prevent denial of service attacks?

what is a denial of service attack how to prevent denial of service attacks

 

What is a denial of service attack? How to prevent denial of service attacks?

What are Denial of Service attacksDenial of service (DoS) attacks can disrupt organizations’ networks and websites, resulting in the loss of businesses. These attacks can be catastrophic for any organization, business, or institution. DoS attacks can force a company into downtime for almost 12 hours, resulting in immense loss of revenue. The Information Technology (IT) industry has seen a rapid increase in denial of service attacks. Years ago, these attacks were perceived as minor attacks by novice hackers who did it for fun, and it was not so difficult to mitigate them. But now, the DoS attack is a sophisticated activity cybercriminals use to target businesses.

This article will discuss the denial of service attacks in detail, how it works, the types and impacts of DoS attacks, and how to prevent them. Let’s get started.

What is a denial of service (DoS) attack?

A denial of service (DoS) attack is designed to slow down networks or systems, making them inaccessible to users. Devices, information systems, or other resources on a machine or network, such as online accounts, email, e-commerce websites, and more, become unusable during a denial of service attack. Data loss or direct theft may not be the primary goal of a DoS attack. However, it can potentially damage the targeted organization financially because it spends a lot of time and money to get back to its position. Loss of business, reputational harm, and frustrated customers are additional costs to a targeted organization.

Victims of denial of service attacks often include web servers of high-profile enterprises, such as media companies, banks, government, or trade organizations. During a DoS attack, the targeted organization experiences an interruption in one or more services because the attack has flooded their resources through HTTP traffic and requests, denying access to authorized users. It’s among the top four security threats of recent times, including ransomware, social engineering, and supply chain attacks.

How does a denial of service attack work?

Unlike a malware or a virus attack, a denial of service attack does not need a social program to execute. However, it takes advantage of an inherent vulnerability in the system and how a computer network communicates. In denial of service attacks, a system is triggered to send malicious code to hundreds and thousands of servers. This action is usually performed using tools, such as a botnet.

A botnet can be a network of private systems infected with the malicious code controlled as a group, without the individuals knowing it. The server that can’t tell that the requests are fake sends back its response and waits up to a minute to get a reply in each case. And after not getting any response, the server shuts down the connection, and the system executing the attack again sends a new batch of fake requests. A DoS attack mainly affects enterprises and how they run in an interconnected world. The attack hinders access to information and services on their systems for customers.

Types of denial of service attacks

Here are some common types of denial of service (DoS) attacks.

1. Volumetric attacks

It is a type of DoS attack where the entire network bandwidth is consumed so the authorized users can’t get the resources. It is achieved by flooding the network devices, such as switches or hubs, with various ICMP echo requests or reply packets, so the complete bandwidth is utilized, and no other user can connect with the target network.

2. SYN Flooding

It’s an attack where the hacker compromises multiple zombies and floods the target through various SYN packets simultaneously. The target will be inundated with the SYN requests, causing the server to go down or the performance to be reduced drastically.

3. DNS amplification

In this type of DoS attack, an attacker generates DNS requests appearing to originate from an IP address in the targeted network and sends requests to misconfigured DNS servers managed by a third party. The amplification occurs due to intermediate servers responding to the fake submissions. The responses generated from the intermediate DNS servers may contain more data, requiring more resources to process. It can result in authorized users facing denied access issues.

4. Application layer

This DoS attack generates fake traffic to internet application servers, particularly Hypertext Transfer Protocol (HTTP) or domain name system (DNS). Some application layer attacks flood the target server with the network data, and others target the victim’s application protocol or server, searching for vulnerabilities.

Impact of denial of service attacks

Denial-of-Service-attacksIt can be difficult to distinguish an attack from heavy bandwidth consumption or other network connectivity. However, some common effects of denial of service attacks are as follows.

  1. Inability to load a particular website due to heavy flow of traffic
  2. A typically slow network performance, such as a long loading time for websites or files
  3. A sudden connectivity loss across multiple devices on the same network.
  4. Legitimate users can’t access resources and cannot find the information required to act.
  5. Repairing a website targeted by a denial of service attack takes time and money.

How to prevent denial of service attacks?

Here are some practical ways to prevent a DoS attack.

  • Limit broadcasting_ A DoS attack often sends requests to all devices on the network that amplify the attack. Limiting the broadcast forwarding can disrupt attacks. Moreover, users can also disable echo services where possible.
  • Prevent spoofing_ Check that the traffic has a consistent source address with the set of lessons and use filters to stop the dial-up connection from copying.
  • Protect endpoints_ Make sure that all endpoints are updated and patched to eliminate the known vulnerabilities.
  • Streamline incident response_ Honing the incident response can help the security team respond to the denial of service attacks quickly and efficiently.
  • Configure firewall and routers_ Routers and firewalls must be configured to reject the bogus traffic. Keep your firewalls and routers updated with the latest security patches.
  • Enroll in a DoS protection service_ detecting the abnormal traffic flows and redirecting them away from the network. Thus the DoS traffic is filtered out, and the clean traffic is passed on to the network.
  • Create a disaster recovery plan_ to ensure efficient and successful communication, mitigation, and recovery if an attack occurs, having a disaster recovery plan is important.

Conclusion

This article has looked at the denial of service attacks and how to prevent them. A DoS attack is designed to make networks or systems inaccessible to users. The most effective way to be safe from these attacks is to be proactive. Protected Harbor’s complete security control offers 99.99% uptime, remote monitoring, 24×7 available tech-team, remote backup, and recovery, ensuring no DoS attack on your organization. Protected Harbor is providing a free IT and cybersecurity audit for a limited time. Contact us today and get secured.

How Can Law Firms Protect Themselves From Cyber Threats

how can law firms protect themselves from cyber threats

 

How Can Law Firms Protect Themselves From Cyber Threats

 

Attractive-nuisance-stop-hackers-from-attacking-your-law-firmAfter the coronavirus outbreak, everyone is doing their business online. Cybercriminals are getting more chances to attack, and it is evolving day by day. Not even a single organization is safe from cyber-attacks. Law firms are at greater risk and becoming the next top target of hackers.

Criminals use ransomware for data breaches and block access to systems until they pay the ransom. They threaten these firms to publish confidential data if they don’t fulfill their requirements. Law firms are responsible for the client’s data to keep it private. They carry sensitive information, and it is their responsibility not to let their data into the wrong hands.

This article will discuss the security measures law firms can take to protect themselves from cyber attacks:

How to protect a Law Firm from Cyber-attacks?

There was a rapid business shift to remote work during the pandemic outbreak. The responsibilities of IT professionals and security experts increase. They are under more pressure to keep their organization safe from potential attacks.

Migration to remote work creates more vulnerabilities as employees are working from home. Law firms should be more cautious and take steps to protect themselves from hacker attacks.

Here are some steps you can follow to make your firm more secure.

 

Tell your employees to monitor their devices.

When employees work from home and use their devices and the internet, it can increase vulnerability if the employee’s network is not secure. Hackers always try to attack vulnerable systems as they are the weakest and easily get attacked. The consequences of such attacks include data loss and data breaches. Law firms hold confidential data, and they can’t afford to lose it. The responsibility of law firms is to educate their employees to use a VPN to protect their systems.

 

Encrypt Data

Law firms use emails and document sharing systems to send and receive data. And they use the internet to communicate with clients and employees. Try to send data in encrypted form over the internet so you can protect it from cyber-criminals. It is harder for a hacker to intercept such data. The virtual private network helps to encrypt data reliably and cost-effectively. Through VPN, they can securely send data from a computer to the internet.

 

attacking your-law-firmTell Employees to use Two-Factor Authentication.

Most people use the same passwords for all the accounts they have. Either it is a personal account or a work account. But keep in mind, using a weak and same password is not a secure way. Reused passwords increase the risk of cyber-attacks. Implement a two-factor authentication process within your organization. This process uses a code for login. Every time a user wants to log in to a system, it requires a code sent to the employee’s mobile or device. This code expires after some time. It is a way to protect the company’s systems and accounts from vulnerable users.

 

 

Educate Employees about Ransomware

Ransomware is a kind of malware that prevents users from accessing their data and files on their system. They cannot access their data until they pay the ransom that cyber-criminals demand. There is no guarantee of accessing the data even after paying the ransom. So, it is better to take precautionary measures before facing such attacks. Law firms should educate their employees about it and tell them ways to protect their data. These steps include

  • Use a secure way of file sharing
  •  Do not open malicious emails.
  • Use strong passwords
  • Keep your systems up to date
  • Use Virtual Private Network

 

Use VPNs

A law firm can protect a client’s personal information using a VPN. Lawyers keep sensitive data, and they need to keep it confidential. They can have better security if they use a VPN. All of the data is transferred in an encrypted form. VPNs are beneficial for these law firms because they meet the essential requirements. Privacy and security are the biggest concerns of a law firm that can be fulfilled using a VPN.

As mentioned above, all VPNs are not the same, so they should get one according to the firm’s needs and expectations. Prices and quality vary, so it is recommended to get a free VPN trial first, find the best one for your firm, and then buy it.

 

Conclusion

The current legal industry comprises around 1.5 million organizations, and large law firms are strongly advised to adopt cyber security measures to protect the IP they have developed over time.

When dealing with the digital world daily, security is a top priority. You must take every precaution to protect yourself from cyber threats and hackers, mainly if you deal with sensitive client information and data. Protected Harbor provides Comprehensive Legal Services Threat and Vulnerability Assessment for law firms. By partnering with Protected Harbor, you will have full access to all the safeguards and tools needed to stay protected from cyber threats, but you’ll also be partnering with one of the most respected names in the industry. Contact us today for a free network vulnerability test for your law firm.

How Large Enterprises Secure Their Data

How large enterprises secure their data

 

How Large Enterprises Secure Their Data

 

How-do-large-enterprises-secure-their-dataIn recent years, data security has become critical for all businesses, regardless of size. Data breaches and cyber theft can disrupt organizations’ day-to-day operations, whether on the newest start-ups on the block or at a large corporation. In many circumstances, large corporations are far ahead of the curve. They risk exposing themselves to the dangers and consequences of cyberattacks if they do not have sufficient security procedures and policies in place.

Whatever the severity of a danger to a company’s data security, it can be readily avoided with the proper measures in place. You must invest in the correct methods to secure business continuity. This article will examine how major enterprises protect their data and ensure corporate data security.

 

Data Security Methods For Large Enterprises

Many large enterprises are already using rigorous security methods. Since they learn and grow from the mistakes of other organizations, large entities tend to have proactive security policies and robust threat monitoring techniques in place. Here are five methods that large businesses look to redesign their data security methods.

 

Understand data lifecycle

Large enterprises with proactive security policies know their data, how it is used and where it is stored. Mapping data flow lets organizations better evaluate their weak points. Moreover, large organizations use discovery tools to ensure that data is accessible by authorized devices and users only. These capabilities enable large enterprises to be GDPR compliant and fulfill other transparency/privacy standards.

 

Use of encryption across the boards

Large enterprises handle a bulk of data and a variety of data. The heterogeneous pool of data makes them vulnerable to cyber-attacks. They use encryption methods for systems, data in the cloud, data at rest, and data in transit to protect their data. Hard drives, USB devices, and phones should use encryption if holding sensitive data.

Here are a few recommendations for data encryption.

  • Look at data in all cases, both in transit and at rest. Encryption is used to protect data in all scenarios.
  • Back up all the files and create an image backup before encryption. Create a boot disk or removable media and ensure that you have installed media for the operating system.
  • Decentralize encryption and decryption. You need an encryption key manager to maintain the security of keys to keep things organized while using a decentralized method. You will want to encrypt databases, applications, and files. Using distributed encryption, your organization can yield many benefits, including more robust performance, better availability, low network bandwidth, and high-quality data transmission.
  • Use the hub-spoke model to encrypt data. While combining the distributed execution with the central key management, the encryption and decryption mode will be anywhere within your network. The critical management can integrate with encryption software and deploy on more than a single node. You can encrypt and decrypt at the node level with all the spokes. By structuring this way, data does not need to travel much. You can also maintain higher uptime that can arise from a hub failure. The key manager should be created, store, and monitor the expiration date of the keys used by the spokes. Keys need to be changed within the nodes when they expire.

 

Protecting data in the cloud

How-do-large-enterprises-secure-their-data1Cloud has become an essential part of digitalization, but more security risks come. As data migrates to the cloud, the security issues have sparked heated debates in the information security circles and CIOs. Large enterprises can’t control the security measures of the cloud, but the Cloud Service Providers do. It makes IT departments nervous, and they leverage cloud security tools to encrypt data before uploading to the cloud, rank data by risk level, protect and monitor the endpoints, and offer organizations greater control over the cloud data security.

Here is a list of the best cloud security tools.

  • CloudStrike Falcon_ It’s a next-gen cloud-based endpoint protection solution that takes care of any connected device, ranging from light with a tiny digital footprint to powerful enough to handle attacks like shell injections and zero-day exploits.
  • Cloudflare Web Application Firewall_ It’s a powerful online protection service that can keep millions of web applications safe and connected effectively. It also protects the network by acting as a reverse proxy, preventing DDoS attacks.
  • Barracuda CloudGen Firewall_ It’s a next-gen SaaS security system to protect complex distributed network architectures. This tool identifies and protects against phishing emails and also offers backup.
  • TOPIA_ It’s a cloud security tool that gathers data on assets and analyzes them to detect threats and rank them based on their severity. It applies in-memory protection and Patchless Protection to defend a network.
  • Zerospam_ This cloud security tool protects corporate email servers by fighting against cyber threats like spear-phishing and ransomware. It’s an easy-to-use, highly effective tool with performance enhancement capabilities.

 

Technologies for data security

Large enterprises use a variety of methods and techniques to minimize security threats. While several tools focus on external threats, log-in records and authentication tools help monitor internal threats. Below are standard technologies and policies large enterprises use for data security.

  • Data masking_ Data masking is a method to develop a fake yet realistic version of your company data. Data masking aims to protect sensitive data and provide a functional alternative when accurate data is not needed, such as sales demos, user training, or software testing. Data masking processes alter the data values while using the same format. The aim is to create a version that can not be reverse-engineered or deciphered. There are various ways to alter data, including encryption, word or character substitution, and character shuffling.
  • Data backups_ To ensure accessibility, it is recommended to keep data backed up. Backing up data includes files, databases, configurations, systems, and applications. Implementing storage backups minimizes the effect of ransomware or other malicious attacks.
  • Data erasure_ Erase the data that is not necessary. Delete data if a customer cancels an account. Moreover, erase information if a customer does not want to be on an email list.
  • Tokenization_ It is a way to protect data at rest while preserving data length and type. Tokenization replaces sensitive data with non-sensitive, randomly generated substitute characters as placeholder data. These characters, known as tokens, have no intrinsic value. They allow authorized users to get sensitive data when needed. It isn’t easy to maintain performance and scale securely as databases increase in size. Moreover, it isn’t easy to exchange data as it requires direct access to a token vault mapping the token values. Tokenization is mainly used for structured data fields, such as social security numbers or payment cards.
  • Authentication_ can vary from two to four-factor authentication (2FA-4FA) and sometimes involves physical keys.

 

Conclusion

As organizations plan for the future, they identify security as a prime directive. But there is a lot that can be done to consolidate and move toward distributed architectures without sacrificing data integrity and compliance. Privacy by Design/Default is one concept that would certainly help. For example, when you look at data reported as lost, compromised, or stolen, most of these incidents are related to human error.

And while technology can reduce some of the human mistakes that lead to breaches, ultimately, it will be up to the organization to enforce strict policies regarding security and the management of sensitive data. If an organization treats its data as its own, then there is no reason it would get into the wrong hands or leak out in any harmful way.

In summary, the future of data security depends on a combination of creative solutions and technology to maintain privacy while still giving individuals access to their information.

Any strategy must also be adaptable and responsive to changes as they occur. Protected Harbor focuses on infrastructure hardware, servers, modified servers, and changes in connection and operations, and deployed monitoring is layered in as part of the plan. Our expert team of engineers is proactive and committed to satisfying the clients.

If you want to protect your enterprise data and comply with the latest compliances, you can do plenty to keep that data safe. Whether you choose to partner with a HIPAA compliant hosting company such as Protected Harbor or go the do-it-yourself route, a number of strategies are available to secure your organization’s information. Protected Harbor provides free IT audit to all the enterprises, book one today!

6 Crucial Cybersecurity Technologies Every Business Needs

Why every business needs these 6 cybersecurity tools

 

Why Every Business Needs These 6 Cybersecurity Tools

 

6 Cybersecurity Tools That Every Business NeedsWith the advancement in technology, most businesses have shifted online. Due to the rapid technological shift, threats constantly evolve and become more sophisticated. Protecting the IT environment in an organization is critical, regardless of the size. Cybersecurity is the need of every business operating online, and they should take it seriously.

Cybersecurity measures protect organizations and small businesses from data breaches, malware, and security threats. No organization is safe from security issues and threats without a cyber-secure environment. Cybercriminals are constantly looking for vulnerabilities in security systems to put organizations at risk. To stay protected in a digital world, password management software for business is necessary.

In this article, you will know the best cybersecurity tools that can protect your online business against cyber threats. Let’s get started.

 

1. NordPass

Protecting your system and network with a strong password is necessary. With NordPass, you can store passwords in a single place and log into applications and websites with a click. Its password manager allows you to access your credentials on any device. It’s a highly secure, widely supported, easy to use, and more affordable tool for managing security.

Your assets like credit card details, passwords, and online notes are valuable, and they need to be protected using a reliable security tool. NordPass is a tool that uses advanced encryption algorithms that protect your valuable information.

 

2. BlueVector

The AI-powered solution of BlueVector is designed to deliver advanced network coverage and threat detection that can meet the security needs of any size business. BlueVector allows customers to use AI-based approaches to deal with the polymorphic nature of advanced cybersecurity threats with multiple privileges.

BlueVector, a leader in advanced threat detection, empowers security teams to know about real threats and allows online businesses to operate confidently so that their data and systems are protected.

6 Cybersecurity Tools

 

3. Mimecast

It’s a cloud-based platform ideal for small and large businesses and provides cyber resilience for email. With Mimecast, you can prevent your business from cyber threats before they affect your online business. It blocks ransomware, prevents data loss, stops business email compromise, and eliminates brand exploitation. Mimecast finds and neutralizes impersonation attacks before they are unleashed.

 

4. Intruder

It’s an online vulnerability scanner that detects the weaknesses in the IT infrastructure of your organization to avoid data breaches. Intruder allows you to find vulnerabilities before the hackers do. You can prevent data loss and enhance customer trust with constant cyber protection.

The intruder is a powerful and easy-to-use vulnerability scanner designed to safeguard your business from cyber threats. It reports the genuine and actionable issues that can impact your cybersecurity posture and helps you stay on top of threat detection and vulnerability management.

 

5. Avira

Avira is a comprehensive and professional-level cybersecurity tool that blocks online threats, including ransomware, malware, and spyware, through its antivirus protection feature. Avira free VPN secures and hides your online activities, and its password manager software for business secures your online accounts with unique, strong passwords. Its anti-scam protection secures you from phishing attacks and helps you find vulnerabilities through software updates.

 

6. VIPRE

VIPRE provides cloud-based email and endpoint security for your organization. It is one of the most widely used security tools that protect your business from malware, spam messages, and malicious attacks without any hassle. It lets you stay safe against advanced cyber threats and attacks. VIPRE business solution pairs AI technology with real-time threat tracking that protects your business from cybercrime.

 

Final words

This article has discussed the best six cybersecurity tools that every business needs if they do anything online. Due to the rapid increase in cyber attacks, organizations have lost their valuable assets, and this has caused irreparable damage. Therefore, these cybersecurity tools can help you safeguard your online business from unwanted data breaches and security threats.

Being aware of the cyber attacks and adequately using these tools can ensure 100% protection and safety. However, there is always a possibility of cyber attacks. Hence, having a proper cybersecurity infrastructure would come as a trump card to protect businesses from all kinds of cyber threats. Protected Harbor is one of the top cybersecurity solutions considering its clients as its partners. We are in a league of our own with 99.99% uptime, an expert tech team available 24×7, proactive remote monitoring, and more unique safety features.

The business can take a step-by-step approach by adopting a cybersecurity framework that can help the organization effectively carry out the activities of its cybersecurity policy. Protected Harbor constructs a framework, and it can be drafted and adopted only after a thorough assessment of the current risks and vulnerabilities. Be cyber secured today; contact us.

Why Is Employee Knowledge of Cybersecurity Important?

why is cybersecurity awareness for employees important

 

Why Is Cybersecurity Awareness for Employees Important?

 

Cybersecurity-Awareness-For-EmployeesOrganizations’ employees are one of the most significant risks to their cybersecurity, and their negligence is considered the leading cause of data breaches. However, these employees can be a valuable asset for organizations if provided with the required knowledge to identify cyber threats. An enterprise needs to be perceptive when it comes to cybersecurity.

Security awareness training should be mandatory for employees, and there should be an easy-to-implement ongoing training program that considerably reduces the risk of data breaches and security attacks. This blog post will cover human error with what needs to be taught in an effective cybersecurity training program.

 

What is security awareness training?

Cybersecurity awareness training is a demonstrated educational approach for improving the risky behavior in employees that may lead to compromised security. Cybersecurity training enhances employee resilience to cyber attacks by effectively delivering relevant information on social engineering, malware, information security, and industry-specific compliance topics.

Employees learn to avoid phishing, malware, and other social engineering attacks, identify potential malicious behaviors, follow security best practices and IT policies, report possible security threats and adhere to compliance regulations.

 

Why do businesses need security awareness training?

As cybercrimes continue to evolve, security awareness training helps organizations reduce help desk costs, secure their overall security investment, and protect their reputation. Implement a training program that significantly lessens the risk of data breaches and security threats via phishing simulations based on real-world cyber attacks and training covering related compliance and security topics.

Training your staff on cybersecurity safety and best practices creates a sense of empowerment. You can rest assured that your employees will be confident in decision-making while browsing the Internet, filtering through suspicious emails, or creating new passwords. Cybersecurity training will increase your employees’ cybersecurity knowledge and give them the practical skills to protect your organization from potential risks or data breaches, ransomware threats, and network attacks.

 

Best ways to improve cybersecurity awareness for employees

Here are the best practical tips to help you create the most effective security awareness training program for your organization.

 

1. Start with CEO leadership

Cybersecurity awareness is finally getting the attention it deserves. As the number of data breaches and security threats continues to rise, more emphasis should be on managing cyber risks to lower the chance of potential attacks. Cybersecurity is the responsibility of everyone in the organization, but resilient companies need strong CEO leadership. If the company CEO takes cybersecurity seriously, it will penetrate the organization and form a culture of increased cybersecurity awareness.

 

2.Know your organization’s tolerances

Your organization should evaluate the threat landscape and detect the top risks in creating an efficient cybersecurity awareness program. It will give you a better understanding of the real-world threats that can compromise your organization’s security. Your risk tolerance should be defined at the outset for implementing the proper security measures depending on the actual threats faced. Identifying the risks correctly can help effectively target your security awareness program.

 

3. Focus on high-risk groups

An essential factor in making an effective security awareness program is ensuring that the proper training is targeted at the right people. All employees are susceptible to cyber risks, but some have a higher threat profile than others. For example, your Finance and HR departments are targeted mainly by cybercriminals because of their privileged access to sensitive data. Your senior executives, CEO, and CFO are also the main target due to high-level access to valuable information. If a senior executive becomes a target, the results could be devastating.

 

Cybersecurity Awareness For Employees

4. Deploy phishing campaigns

Phishing is a significant threat to organizations’ privacy and security. It’s one of the most common cyberattacks against organizations. It gets you into providing sensitive information, such as credit card information, login credentials, or other restricted data. The simulations implemented in a safe environment test whether employees identify or become victims of a phishing scam. Moreover, deploying a phishing campaign provides training on detecting, avoiding, and reporting these attacks to protect organizations.

 

5. Get your policy management up to date

Policies are essential in making boundaries for individuals, relationships, processes, and transactions within your company. These provide a governance framework and help define compliance, essential in today’s increasingly complicated regulatory landscape. An efficient policy management system has a consistent approach to creating policies, adds shape to organization procedures, and makes tracking staff responses and attestation more straightforward. As a result, it can help you streamline your internal processes, efficiently target the flaws presenting the highest risk to data security, and demonstrate compliance with legislative requirements.

 

What Topics Should Security Awareness Training Cover?

A significant portion of cybersecurity incidents stem from human error. To address this, Employee Training in IT Security is essential for fostering secure habits and mitigating risks. However, not all training programs are equally effective—data-driven approaches can bring about lasting behavioral changes.

Here are four common methods to cover cybersecurity threats and prevention in awareness training:

1. Classroom-Based Training:
This traditional approach allows employees to step away from work for expert-led sessions on topics like password security and phishing. While immediate feedback and interaction are benefits, drawbacks include high costs, long sessions, and lower retention rates.

2. Visual Aids:
Posters, handouts, and videos simplify complex concepts, making them easy to understand. They are cost-effective but lack interactivity and may lose impact over time if not engaging.

3. Phishing Simulations:
Simulated cyberattacks are a powerful way to instill cyber threat awareness by testing responses. While effective, they can be emotionally taxing if not handled with care. Proper execution ensures lasting behavior changes.

4. Computer-Based Training:
Dynamic online modules with quizzes and multimedia formats provide flexibility and up-to-date training for evolving threats. Focus on security behavior changes over compliance checklists to maximize impact.

A well-rounded program fosters a culture of security while reducing vulnerabilities.

 

Security Awareness Statistics

What do recent figures tell us about the state of cybersecurity employee awareness? Let’s take a look.

  • In 2023, 70% of data breaches were caused by the human element.
  • The average cost of a data breach in 2022 reached an all-time high of $4.35 million.
  • Shockingly, in 2020, only 1 in 9 businesses (11%) offered a cybersecurity awareness program to non-cyber employees.
  • 1 in 3 data breaches involves phishing.
  • 20% of organizations experienced a breach due to a remote worker.

Surprising? Yes, but not unexpected. Many employees lack proper employee cybersecurity training, tools, and support to defend against threats. Strengthening workplace cybersecurity through regular training and effective cyber risk management can help bridge these knowledge gaps and protect businesses from becoming the next statistic.

 

Conclusion

Employees play an essential role in running a secure business. A negligent and untrained workforce can put your organization at risk of data breaches. Organizations should adopt a reliable security training program encompassing the crucial guidelines to prevent imminent cyber incidents. While searching for cybersecurity awareness training for employees, choose a service that goes beyond security training and focuses on skills and implementation.

For small to medium-scale businesses to maintain a cybersecurity-focused IT team. That’s why they partner with managed services providers and IT solutions providers. They take care of their IT and cybersecurity needs and conduct training programs for the employees to add a layer to cybersecurity. Similarly, Protected Harbor is one of the leading IT solutions makers who care for all your business needs. With our expert tech team available 24×7, 99.99% uptime, remote monitoring, and proactive cybersecurity strategies we strive to satisfy our customers. Learn about our Protected Harbor cybersecurity and awareness training and figure out how you can protect your organization against cyber attacks. Contact us today!

5 Common Weaknesses of Modern Day Business Cyber Security Plans

5 common weaknesses of modern day business cyber security plans

 

5 Common Weaknesses of Modern-Day Business Cyber Security Plans

 

Cybersecurity PlansA host of advanced and evolving cybersecurity threats have put organizations at risk. All it takes is a system vulnerability or a single weakness to compromise the integrity of an organization. Business owners and security experts are commonly unaware of the vulnerabilities in their IT infrastructure.

If you want to protect your business from cyber threats, it’s essential to recognize the weaknesses in your security environment and take action as soon as possible. Many security experts and small business owners are unaware of cybersecurity. However, you can’t protect your business from cybercriminals if you do not know the vulnerabilities in your IT infrastructure.

Here are some common cybersecurity weaknesses of modern-day business cybersecurity plans.

 

1. Failure to cover cybersecurity basics

The most common weaknesses and vulnerabilities used by hackers in the past reveal that many organizations fail to cover cybersecurity core values. Organizations often fail to find their vulnerabilities to attack, their valuable and critical assets, and the sophistication of potential cyber criminals. Technology is not the only reason behind security risks. A company’s culture and basic strategic plans also play a significant role in preventing cyber attacks.

2. Lack of a cybersecurity policy

Cybersecurity procedures and guidelines explain how employees, partners, consultants, and end-users access internet resources and online applications. Generally, these policies define the security expectations, responsibilities, and roles in the organization. If you do not make cybersecurity policies in the first place and your employees do not engage with them, then your company may face cyber risks and threats.

Your small business cybersecurity policy should

  • identify cybersecurity risks
  • protect organization information and network
  • establish cybersecurity governance
  • detect unauthorized activities
  • detect and handle risks associated with third parties

Weaknesses-of-Modern-day-Cybersecurity

3. Confusing compliance with cybersecurity

Another reason that can put organizations at risk is that they confuse compliance with cybersecurity policies. Ensuring compliance with the organization’s rules is not like protecting it against cyber-attacks unless those rules focus on cybersecurity. A company’s risk management requires that every person in the organization play their role in keeping the security level related to them.

Maintaining security is a company-wide role and responsibility. After seeing the increasing number of cyberattacks, many organizations are still not sufficiently prepared for cybersecurity. Only a few organizations have a cyber incident response plan to protect themselves from cybercriminals.

4. Use of unsecured resources and outdated systems

If you use an unsecured network in your organization, it’s trivially easy for cybercriminals to access your system. Once they infiltrate the network, they can easily access all systems and devices connected to that network. Although it’s the most straightforward step towards a secure environment, many business owners still neglect it. Similarly, using unsecured communication channels can put your organization at risk.

Moreover, using an outdated system can potentially harm your IT infrastructure. Most hardware manufacturers and software developers keep detecting the security threats that can hurt their users. When they see a problem, they try to eliminate it by updating hardware or software. If your organization uses systems without editing them regularly, your business could be at risk.

5. Untrained employees

Almost 90% of data breaches occur due to human error. A slight mistake from an employee could provide an opportunity for cybercriminals to access your business data. Therefore, untrained employees are the most significant vulnerabilities in your organization. It’s necessary to educate your employees and provide them with security training to prevent data breaches caused by human error. By teaching them to use unique and strong passwords, identify different types of attacks, and use secure networks, you can significantly reduce the risk of data breaches in your organization.

 

Why Small Business Cyber Security is Important

Small businesses may not be as large or have as many resources as larger corporations, but they are still at risk of cyber attacks. Cybersecurity plans are important for small businesses because:

  1. Protects sensitive information: Small businesses often handle sensitive customer and financial data that must be protected.
  2. Prevents financial losses: Cyber attacks can result in financial losses for small businesses, including costs for recovery and lost productivity.
  3. Maintains customer trust: Small businesses depend on customer trust, which can be damaged by a data breach.
  4. Comply with regulations: Small businesses may be required to comply with privacy regulations such as GDPR and HIPAA.
  5. Competitive advantage: A strong cybersecurity posture can give small businesses a competitive advantage.
  6. Supports business continuity: A cybersecurity plan helps small businesses prepare for and recover from cyber incidents, minimizing downtime.

In short, small businesses are vulnerable to cyber threats just like larger organizations, and having a comprehensive cybersecurity plan in place is essential for protecting against these threats and ensuring the business’s long-term success.

Conclusion

Protecting your business in the digital world can be very difficult. Unfortunately, facing security risks is the price we pay for staying connected to the online world. If you are aware of the weaknesses in your security infrastructure, you can keep yourself protected from cybercriminals, or you have the potential to fight against them. Therefore, talk to your employees to ensure they understand the importance of cybersecurity and help them by providing guidance and tools to detect vulnerabilities.

You can take steps to protect yourself against cyberattacks, and you should have a plan before disaster strikes. Talk to Protected Harbor today for cybersecurity small business, so we can help you secure your internet infrastructure. With the right tools in place, such as a dedicated expert tech team available 24×7, remote monitoring, 99.99% uptime, and many more, you have the potential to detect any issues that may arise. The earlier you catch problems, the easier it will be to fix them before they hurt your business’ reputation or harm your bottom line. Contact us today!

Benefits and Challenges of the Zero Trust Security Model

benefits and challenges of the zero trust security model

 

Benefits and Challenges of the Zero Trust Security Model

benefits of security ModelThe Cybersecurity threat landscape has evolved so rapidly that it has become difficult to trust anyone in your network infrastructure. Whom can you trust inside your IT infrastructure? In a Zero Trust paradigm, the answer is no one. This trust model is based on network access control. It means that access to a network or device should only be granted after users’ verification and to the extent required to perform a task.

This article will explore the benefits and risks of the zero-trust security model. Let’s get started.

What is Zero Trust Model?

Zero Trust is a security model granting access to only verified and authenticated users. It provides an ultra-safe defense against potential threats by the user, devices, and network access control. Unlike traditional security models, it does not assume that people within an organization are safe. Instead, it requires every user to be authorized before granting any access.

The zero-trust security model is generally based on a three-step process.

  • Verify a user’s identity via authentication
  • Implement device and network access control
  • Limit privileged access.

This model promotes that organizations must not trust individuals/entities outside their network perimeters.

Zero Trust Use Cases

The Zero Trust model has increasingly been formalized as a response to secure digital transformation and a variety of complex, devastating threats seen in past years. Organizations can benefit from the Zero Trust security model.

You are required to secure an infrastructure deployment model, including

  • Hybrid, multi-cloud multi-identity
  • Legacy systems
  • Unmanaged devices
  • Software-as-a-service (SaaS) applications

It is required to address critical threats use cases, including:

  • Supply chain attacks_ generally involve privileged users working remotely and on unmanaged devices.
  • Ransomware_ a two-part problem, including identity compromise and code execution.
  • Insider Threats_ extremely challenging while users are working remotely.

Here are some considerations an organization have

  • User experience impact considerations, especially while using multi-factor authentication (MFA).
  • SOC/analyst expertise challenges.
  • Industry or compliance requirements

Each organization has unique challenges because of its business, current security strategy, and digital transformation maturity. If appropriately implemented, zero trust can adjust to meet specific requirements and ensure a return on investment (ROI) on your security strategy.

Benefits of Zero Trust Security Model

disaster recovery

Let’s outline the main benefits of the Zero Trust security model.

  • This approach requires you to regulate and classify all network resources. It lets organizations visualize who accesses resources for which reasons and understand what measures need to be implemented to secure help.
  • Implementing a Zero Trust security model is associated with deploying solutions for continuous monitoring and logging off user activity and asset states. It allows organizations to detect potential threats efficiently and respond to them promptly.
  • This model helps expand security protection across multiple containerized and computing environments, independent of the underlying infrastructure.
  • It prevents data breaches and has lateral movements using application micro-segmentation.
  • A zero trust model ensures organizational security while providing a consistent user experience.

Common Technical Challenges

Here are the most common technical challenges faced by users/organizations while implementing a Zero Trust security model.

1. Network Trust and Malware

Organizations need to ensure that each device and user can safely connect to the internet regardless of the location, without the complexity associated with the legacy techniques. Moreover, they need to proactively detect, block, and reduce the targeted threats, such as phishing, malware, ransomware, advanced zero-day attacks, and DNS data exfiltration. The Zero Trust security model can improve your organization’s security posture while reducing the risk of cyberattacks.

2. IT Resources and Complexity

Security and enterprise access are complex and change continuously. Traditional enterprise technologies are complex, and making changes often take time to use valuable resources. A Zero Trust security model can reduce the time and architectural complexity.

3. Secure data and application access

Conventional access tools and technologies like VPN rely on trust principles resulting in compromised user credentials that lead to data breaches. Organizations need to reconsider their access model and technologies to ensure their business is secure while enabling fast and straightforward access for all users. The zero-trust security model reduces the complexity and risk while providing a consistent and efficient user experience.

Final words

In this article, we have discussed some of the benefits and challenges of the Zero Trust model. The benefits of implementing this framework go far beyond security. But there are still some risks and challenges associated with this approach. Changes in the threat landscape might encourage organizations to invest in a Zero Trust security model for network access control and identity management. These organizations should be aware of all the challenges and risks of this security model.

Zero trust can be provided as a service, as Protected Harbor proposes in its zero-trust network access technique. Before introducing zero trust, you can take a phased approach, starting with your most critical assets or a test case of non-critical assets. Whatever your starting point, a best-in-class zero-trust solution will help you reduce risk and manage security right away. Protected Harbor uses various features, like remote monitoring 24 hours a day, 99.99 percent uptime, malware protection, and more, to provide an unrivaled experience and satisfaction. To learn more about how we do it, go here.

A complete guide to managed cyber security services

a complete guide to managed cybersecurity services

A Complete Guide to Managed Cybersecurity Services

The cyber-world is changing faster than ever, and it leaves organizations, individuals, and small businesses vulnerable to cybercrimes. They need to adopt a comprehensive cybersecurity plan to protect themselves against risks and threats. Implementing and testing controls, and regularly maintaining and monitoring the security management programs using reliable and trustworthy managed cybersecurity services can help mitigate risks and potential cyber-attacks.

Has your business ever dealt with malware, virus infection, or cyberattacks? Cyber attacks’ damage to companies ranges from unauthorized access through a relatively simple attack to a large-scale breach of critical data that can result in prolonged downtime. It damages your company’s reputation and the confidence of your investors and customers. Do not let a cyber incident destroy your organization. Managed services from a cybersecurity company can help you optimize your organization’s security posture.

Managed cybersecurity services are a crucial component of any organization’s cybersecurity strategy. This article will discuss managed cybersecurity services, why it is essential for organizations, and how an excellent cybersecurity company benefits you. So, let’s get started.

What are Managed Cybersecurity Services?

Third-party providers give managed cybersecurity services to administer an organization’s security processes. These small business cyber security services implement, monitor, maintain and enhance an enterprise’s cybersecurity posture. Managed cybersecurity service providers (MSSP) provide security services ranging from setting up infrastructure via security management or incident response. Some services providers specialize in specific areas, while others give complete outsourcing of an organization’s information security program.

As security threats and cyber incidents are becoming increasingly common, many businesses are partnering with managed cybersecurity service providers in addition to their existing small business cybersecurity programs. They provide expert monitoring and management, protecting data and hardware from potential cyber-attacks. MSSP manages and implements security programs for organizations. These include

  • Managed firewalls
  • Intrusion detectioncyber security
  • Blocking viruses and spam
  • Implementing upgrades or system changes
  • Setting up a Virtual Private Network (VPN)
  • Security and compliance audits
  • Security assessment and reporting
  • System monitoring
  • Penetration testing
  • Security analytics

Moreover, a good cybersecurity company helps you monitor the security devices and systems in a workspace. Most MSSPs provide a wide range of cybersecurity small business services, such as

  • Log monitoring and management
  • Device management
  • Vulnerability management
  • Consultancy services

Managed cybersecurity service providers generally offer a whole suite of managed IT services. They typically provide cyber security to help organizations with their basic security needs.

cyber attackWhy are Managed Cybersecurity Services Necessary?

Organizations need to consider the importance of managed security services to protect themselves from cyber-attacks. MSSPs can be a valuable resource for companies that want to maximize their security but do not have the resources to manage an in-house cybersecurity team. These services provide strategies and designs to give a robust security posture.

MSSPs shield organizations against cyber threats and strengthen their cyber defense. They use a multilayered defense strategy to protect your organization from different angles. It means they do not only safeguard you from external threats, such as network intrusions or malware, but also security from the security breaches caused by employees accidentally or deliberately.

Opting for managed cybersecurity services provide

  • Information security assessment_ Examine the maturity of your company’s information security programs, identify their weaknesses and gaps, and provide opportunities for improvement. Choose a good cybersecurity company and identify the risks to your business.
  • Data governance_ These services help you handle a large volume of data and enhance your cybersecurity posture through efficient data management.
  • Advanced security solutions_ These include anti-malware software, managed firewalls, web filtering, intrusion detection, multi-factor authentication, access management, and patch management.
  • Dedicated security analysts_ MSSPs provide specialists who detect critical flaws in your IT infrastructure and recommend security measures to mitigate the risk of a security breach.
  • Security information and event management (SIEM)_ tracks security-related incidents in your IT environment, such as suspicious downloads or failed logins. It then examines the incident and creates comprehensive security reports.
  • Incident investigation and response_ If a security breach occurs, security experts immediately remediate the threat, assess the damage, and find the attack’s origin.
  • Threat hunting_ Security experts proactively identify and isolate evasive threats for existing security solutions.
  • Risk and compliance_ They align your GRC operations to business performance drivers using frameworks such as PCI/DSS, GDPR, NIST, NYDFS, ISO, and others with IT security service programs.
  • Penetration testing and phishing_ Effective security comes with a clear understanding of your IT infrastructure’s critical flaws and vulnerabilities. Phishing assessment and penetration testing protect your organization against security threats.
  • Security awareness training_ Educate your organization’s employees about your security posture’s strengths and weaknesses, and empower them against hackers. Good managed cybersecurity service providers ensure your employees stay ahead of cybercriminals.

Why is it Important to Choose an Excellent Cybersecurity Company?

A robust cybersecurity system is crucial for any organization in today’s digital landscape. Excellent cybersecurity for small business companies can help protect sensitive information and assets from potential cyber threats, prevent data breaches and cyber-attacks, maintain privacy and comply with regulations, minimize business downtime and financial losses, and enhance the organization’s overall security posture, reducing the risk of cyber incidents. In short, it helps to ensure the confidentiality, integrity, and availability of critical information and systems.

There is a wide range of managed cybersecurity service providers today. Identifying your organization’s security needs and engaging a good cybersecurity company to address them is essential. Before partnering with a provider dealing with cybersecurity for small business, security and IT teams need to plan carefully around which operations need to be outsourced. Once you have mapped out your requirements, it is necessary to research the best service providers and shortlist a few of them. Meet them and check customer feedback before hiring them. Because a good cybersecurity company is one that

  • Optimize controls
  • Improve governance
  • Reduce the TCO of the risk
  • Optimize security posture
  • Strengthen security processes
  • Reduce legal risks
  • Increase profitability
  • Provides scalability

Why Choose Protected Harbor for Managed Cybersecurity Services?

Protected Harbor provides managed cybersecurity services and cyber resilience regardless of the size of your organization. Our cybersecurity services provide organizations with the most effective tools, solutions, services, processes, policies, and practices to protect their intellectual properties, security posture, and financial assets. We provide cybersecurity assessments that help you understand your security posture, detect vulnerabilities in them, and set the baseline for improvement.

Moreover, our managed services include multi-factor authentication, endpoint protection, next-generation firewall, device encryption, and email security. We provide a robust solution to defend against cyber-attacks and let you drastically reduce implementation efforts, cost, and maintenance requirements. With our team of highly skilled experts, we allow our clients to build cyber resilience, innovate safely, and grow with confidence. Contact us today for an IT audit.

Why Every CEO Should Understand the Basics of Cybersecurity

why every ceo should understand the basics of cybersecurity

 

Why Every CEO Should Understand the Basics of Cybersecurity

 

cyber securityWith the growing advancement in technology, their risks are also increasing. Online frauds, money laundering, and data leaks are becoming significant problems in the digital world and online businesses. Cybersecurity is becoming critical for smaller and larger corporations alike. Security threats and cyberattacks negatively impact businesses, and according to cybersecurity statistics, the majority of the CEOs are not taking appropriate actions against cybersecurity issues and risks associated with them. Security breaches and data loss cause damage to a company’s reputation and can increase the risk of cyberattacks.

It has become crucial for business owners to take steps to secure their organizations. No matter which industry, every CEO should know these five things about cybersecurity and its threats:

Cyber Risk Management

In the advanced world, every company relies on technology, which means there are more chances of cyberattacks.  For CEOs, it is necessary to know all the risks and damage that cybercriminals can cause to their business. It would be wrong to say that the larger companies are entirely safe from cyber-attacks and smaller companies are not the target value for anyone. According to cybersecurity statistics, hackers have attacked half of the small businesses in the United States in the last 12 months. So CEOs should take precautions to improve cyber risk management depending on the nature of their business.  They need to come up with appropriate contingency plans and correct preventive measures to protect their company from potential threats from cybercriminals.

Implement Data protection and System Protection in a Better Way

For a CEO, it’s his responsibility to keep in touch with the data and IT team to understand better what’s going on in the company and how. It’s unnecessary to have all the technical details, but one should be aware of the type of data they store, where and how it is stored, and at which level the data is encapsulated and secure.

There is a need to protect the system from malware to secure the data. Keep your IT team always prepared to take measures against cyber-attacks and update the systems whenever required because a security threat can enter your plan anytime.

Aware your Employees of Cybersecurity

Train your employees about security threats and breaches, and then put them in a situation and see how they respond to these kinds of attacks. CEOs should train them to keep the company’s information private. According to cybersecurity statistics, 60% of data breaches occur due to former or current employees. For data safety, try to limit employees’ access to it and secure the information. It’s also recommended to change passwords regularly and make separate accounts for each employee.

Avoid Reputational Damage

Cybersecurity threats are becoming significant challenges for CEO and business owners. Cybercriminals are attacking corporations in a sophisticated way, but data loss and breaches cause a tremendous impact on a company’s reputation. Security threats and cybercrime are increasing so fast that it is not only the responsibility of the IT team to handle such incidents, but these are the leaders who should understand the risk and be with the team to plan a quick and effective recovery from cyber-attacks.

Stay in touch with the cybersecurity issues.

Lastly, a CEO must be aware of the latest issues related to cybersecurity because hackers are constantly discovering new ways to attack the systems and get control over them. So the business owner should stay up-to-date on what’s going on in the cyber world.  They should take recommendations from the professionals or hire an expert in the cybersecurity domain for their organization. CEOs should form a strategy with experts and IT Teams according to the latest trends and plan to stand against cybercriminals.

Summary

In Today’s world, most of the business is done online, and the cybersecurity threat has become an issue that needs to be sorted out. Most CEOs are not aware of the cybersecurity threats and risks their company faces every day, and many are aware of them but do not take action or do what needs to be done. Although there’s not any single and optimized solution for this problem, these are some steps that CEOs need to follow and ensure that their organizations are fully prepared to deal with such threats and challenges.

It’s challenging for small to medium-sized companies to build their own IT infrastructure and have a dedicated IT team focusing on cybersecurity. What business can partner with an IT service provider who will manage your infrastructure for you, which will also save you costs. Protected Harbor is among the top IT and cybersecurity providers in the US. We guarantee customer satisfaction with a dedicated tech team that is available 24×7, 99.99% uptime, remote monitoring, remote desktops, and modern cybersecurity solutions. We’ve been helping several CEOs in their day-to-day operations because we understand their business and what they want. Take control of your future, be cyber secured, contact us today!

What is Supply Chain Attack? How to Prevent Them?

what is supply chain attack how to prevent them

 

What is Supply Chain Attack? How to Prevent Them?

 

supply chain attackIn this rapidly evolving threat landscape, cybersecurity has become essential. It has been described in simple terms of the trust, do not hand over credentials to fraudulent websites, and beware of email attachments or links from unknown sources. But sophisticated hackers undermine this basic sense of trust and find more robust ways to attack the supply chain. What if legitimate software or hardware making up your network has been compromised at the source?

This subtle and increasingly common form of hacking is called a supply chain attack. In recent years, most of the high-profile and damaging cybersecurity incidents have been supplying chain attacks. This article will dive deep into the supply chain attack, how it works, and what you can do to prevent it.

1. What is Supply Chain Attack?

A supply chain attack, commonly referred to as a value-chain of a third-party attack, occurs when an attacker accesses an organization’s networking by infiltrating a supplier or business partner that comes in contact with its data. Hackers generally tamper with the manufacturing process by installing hardware-based spying components or a rootkit. This attack aims to damage an organization’s reputation by targeting less secure elements in the supply chain network.

Supply chain attacks are designed to manipulate relationships between a company and external parties. These relationships may include vendor relationships, partnerships, or third-party software. Cybercriminals compromise an organization and then move up the supply chain to take advantage of trusted relationships and gain access to other organizations’ environments.

2. How does a supply chain attack work?

A Supply chain attack works by delivering malicious code or software through a supplier or vendor. These attacks use legitimate processes to get uninhibited access into an organization’s ecosystem. It starts with infiltrating a vendor’s security measures. This technique is much more straightforward than attacking a target directly due to many vendors’ unfortunate shortsighted security measures.

Penetration could occur through attack vectors. The malicious code requires embedding itself into a digitally signed process of its host once it is injected into a vendor’s ecosystem. A digital signature validates that a piece of software is authentic to the manufacturer permitting the transmission of software to all networked parties.

Compromised networks unknowingly distribute malicious code to the entire client network. The software patches facilitating the malicious payload contain a backdoor interacting with all third-party servers. It is the distribution point of the malicious software or code. A service provider could infect thousands of organizations with a single update that helps attackers achieve a higher magnitude of impact with less effort.

2.1. Example

Supply chain attacks allow attackers to infect multiple targets without deploying malicious code on each target’s machine. This increased efficiency boosts the prevalence of this attack technique. Here are some most common examples of supply chain attacks.

U.S government supply chain attack

This event is a pervasive example of supply chain attacks. In March 2020, nation-state criminals penetrated internal U.S government communication via a compromised update from a third-party vendor, SolarWinds. This attack infected up to 18,000 customers, including six U.S government departments.

Equifax supply chain attack

Equifax, one of the biggest credit card reporting agencies, faced a data breach through an application vulnerability on their website. This attack impacted over 147 million customers. The stolen data included driver’s license numbers, social security numbers, date of birth, and addresses of users.

Target supply chain attack

Target USA faced a significant data breach after hackers accessed the retailer’s critical data using a third-party HVAC vendor. Cybercriminals accessed financial information and Personal Identifiable Information (PII) that impacts 40 million debit and credit cards and 70 million customers. Hackers breached the HVAC third-party vendor using an email phishing attack.

Panama papers supply chain attack

Panamanian law firm Mossack Fonseca exposed over 2.6 terabytes of clients’ sensitive data in a breach. The attack leaked the devious tax evasion tactics of over 214,000 organizations and high-risk politicians. Law firms should be the most desirable target due to the treasure of sensitive and valuable customer data they store in their servers.

1. Impact of supply chain attacks

Any breach can be devastating, but a supply chain attack can be exponentially worse because the attacker usually has a high level of access to the network, which is hard to detect. This combination of factors highly increases the risk of a supply chain attack. The longer an attacker stays inside the target’s network, the more damage they can cause through ransomware, data theft, or other malware disruptions.

Supply chain attacks provide a criminal with another method of attacking an organization’s defenses. These attacks are commonly used to perform data breaches. Cybercriminals often manipulate supply chain vulnerabilities to deliver malicious code to a target organization.

2. How to Prevent Supply Chain Attacks?

Here are the tips to reduce the impact and risks of supply chain attacks.

  • Determine who has access to critical data_ To manage complex footprints, organizations should map their third parties to data they handle for prioritizing risk management activities.
  • Identify the assets at more significant risk_ Understanding assets more likely to be targeted, such as customers’ sensitive information or intellectual property, is crucial to preventing supply chain attacks. Security teams should monitor these assets using third-party risk management platforms, providing constant and fast visibility into threats within complex supply chains.
  • Apply vendor access controls_ Cybercriminals look to access data using a path of least resistance to infiltrate an organization’s network through one of its suppliers. Apart from understanding the rights to access digital assets, organizations need to apply string perimeter controls for vendor access, such as network segmentation and multi-factor authentication. Service providers should only have access to the necessary information they require to provide services.
  • Identify insider threats_ Whether due to lack of training, carelessness, or malicious intent, employees represent a considerable insider threat to information security. Targeting business partners or employees with phishing or social engineering campaigns is one of the standards and most accessible ways for cybercriminals to infiltrate a network. However, it is difficult to know when and how an attacker has compromised privileged access; a monitoring technology that can automatically alert security teams when a system gets compromised can help prevent supply chain attacks.

Conclusion

Protected Harbor enables businesses to take full control of their third-party security by constantly monitoring for vulnerabilities and data leakage that could be exported as part of a supply chain attack. Protected Harbor also helps organizations comply with a variety of security regulations, including the new supply chain criteria outlined in Vice President Biden’s Cybersecurity Executive Order.
Partner with Protected Harbor today to have access to more cutting-edge business and cyber security insights.