What Is Cyber Security
What Is Cyber Security
A strong cyber security strategy can provide a good security posture against
malicious attacks designed to access, alter, delete, destroy or extort an
organization's or user's systems and sensitive data. Cybersecurity is also
instrumental in preventing attacks that aim to disable or disrupt a system's or
device's operations.
What are the elements of cyber security and how does it work?
The cyber security field can be broken down into several different sections,
the coordination of which within the organization is crucial to the success of a
cyber security program. These sections include the following:
• Application security
• Network security
• Disaster recovery/business continuity planning
• Operational security
• Cloud security
• Physical security
• End-user education
• Regulatory compliance.
• Business continuity.
• Improved confidence in the company's reputation and trust for developers,
partners, customers, stakeholders and employees.
What are the different types of cyber security threats?
The process of keeping up with new technologies, security trends and threat
intelligence is a challenging task. It is necessary in order to protect information
and other assets from cyberthreats, which take many forms. Types of
cyberthreats include:
Malware
variants vary, from ransomware to worm to virus.
What are the top cyber security challenges?
Cyber security is continually challenged by hackers, data loss, privacy, risk
management and changing cyber security strategies. The number of cyber
attacks is not expected to decrease in the near future. Moreover, increased
entry points for attacks, such as with the arrival of the internet of things (IoT),
increase the need to secure networks and devices.
One of the most problematic elements of cyber security is the evolving nature
of security risks. As new technologies emerge, and as technology is used in
new or different ways, new attack avenues are developed. Keeping up with
these frequent changes and advances in attacks, as well as updating
practices to protect against them, can be challenging. Issues include ensuring
all elements of cyber security are continually updated to protect against
potential vulnerabilities. This can be especially difficult for smaller
organizations without the staff or in-house resources.
• Human augmentation. Security pros are often overloaded with alerts and
repetitive tasks. AI can help eliminate alert fatigue by automatically triaging
low-risk alarms and automating big data analysis and other repetitive
tasks, freeing humans for more sophisticated tasks.
• Firewalls
• Endpoint protection
• Antimalware
• Encryption tools
• Vulnerability scanners
• Chief security office (CSO) is the executive responsible for the physical
and/or cybersecurity of a company.
• Penetration testers are ethical hackers who test the security of systems,
networks and applications, seeking vulnerabilities that could be exploited
by malicious actors.
• Threat hunters are threat analysts who aim to uncover vulnerabilities and
attacks and mitigate them before they compromise a business.
Cyber warfare can take many forms, but all of them involve either the
destabilization or destruction of critical systems. The objective is to weaken the
target country by compromising its core systems.
Espionage
Hacking the electrical power grid could give an attacker the ability to disable
critical systems, crippling infrastructure and causing the deaths of thousands.
Further, an attack on the electrical power grid could disrupt communications,
making it impossible to use services like text messaging or telecommunication.
Propaganda
Propaganda attacks involve trying to control the minds or hearts of the people
living in or fighting for the targeted country. Propaganda can be used to expose
embarrassing truths or to spread lies that cause people to lose faith in their
country—or even sympathize with the enemy
.
Economic Disruption
These refer to the kinds of cyber attacks that would have an effect similar to
Pearl Harbor or 9/11—massive strikes that catch the enemy off guard, weakening
their defenses. They could be used to weaken the opponent in preparation for a
physical attack as a form of hybrid warfare.
Military
Attacking the civil infrastructure of a nation directly impacts the people living and
working in the country. This could be used to inspire fear or cause them to revolt
against the government in protest, weakening the opponent from a political
standpoint.
Hacktavism
Cyber warfare “soldiers” can engage in these kinds of attacks for their own
financial benefit. If they are employed by the government, they can earn a fee for
their services. Further, they could break the defenses of a financial institution and
steal money for themselves.
Nonprofit Research
Nonprofit research often reveals very valuable information that a country can use
to solve a critical problem. For example, if a country is trying to develop a vaccine
and another one already has it, cyber warfare could be used to steal information
pertaining to their solution.
What is Cybercrime?
Cybercrime is construed as using a computer as a weapon, or instrument, to advance
or secure something deemed illegal. Think stealing identities or intellectual property,
committing fraud, or violating privacy laws. These are just several examples.
Here are 5 of the top cybercrimes affecting businesses and individuals in 2022:
1. Phishing Scams
2. Website Spoofing
3. Ransomware
4. Malware
5. IOT Hacking
Follow along below to understand what threat actors use to steal data, their types of
tools, and how to go about protecting yourself. In the end, the goal is to feel safe instead
of sorry — even if it means taking an extra minute or two to embrace extra safety
measures.
Cybercrime Examples
Phishing Scams
The majority of successful cyber attacks - 91% according to a study by PhishMe - begin
when curiosity, fear, or a sense of urgency entices someone to enter personal data or
click on a link.
Phishing emails mimic messages from someone you know or a business that you trust.
They are designed to trick people into giving up personal information or clicking on a
malicious link that downloads malware. Thousands of phishing attacks are launched
every day.
BlueVoyant also offers tips and advice on what to look for, how to recognize phishing,
and how to protect your digital brand presence.
What you can do: Stop trusting your emails. They are not always what they seem.
Security awareness and phishing training can empower your team to defend against
phishing attacks. Training can show the telltale signs and teach how to recognize
targeted phishing campaigns, as well as malicious links, and encourage users to stay
away from links and attachments. One simple way is to go to websites by typing the real
URL into their browser.
Website Spoofing
The word spoof means to hoax, trick, or deceive. Website spoofing is when a website is
designed to look like a real one and deceive you into believing it is a legitimate site. This
is done to gain your confidence, get access to your systems, steal data, steal money, or
spread malware.
Website spoofing works by replicating a legitimate website with a big company’s style,
branding, user interface, and even domain name in an attempt to trick users into
entering their usernames and passwords. This is how the bad guys capture your data or
drop malware onto your computer.
Spoofed websites are generally used in conjunction with an email that links to the
illegitimate website. As of last August, spoofing and phishing may have cost businesses
as much as $354 million.
What you can do: The easiest thing you can do is ignore and delete anything you’re not
anticipating. Legitimate companies will have multiple ways to contact you in the event
they need to reach you. Save time and frustration by applying common sense logic and
evaluating the “urgency” of the message. Also, pick up the phone or go directly to the
trusted domain to inquire.
Ransomware
Ransomware is a modern day, technical twist on a crime that has been around for ages
- extortion. At its core, ransomware works when criminals steal something of great value
and demand payment in exchange for its return. For most businesses, this involves the
encryption of company data. When ransomware hits, businesses come to a standstill,
and employees cannot do their jobs.
Without restorable backup data, the company is generally at the mercy of the attacker
who will hold your data hostage in exchange for a decryption key you can buy with
Bitcoin.
Ransomware has matured into its own category of malware and should be a primary
concern for all organizations. According to new research, ransomware breaches have
increased by 13% – more than the last five years combined.
What you can do: Back your data up and then do it again — in a separate location.
Frequency and redundancy are key to your success. If you only back up your system
weekly, or if your backup is infected, you’re in for a lot of trouble.
Malware
What you can do: Be cautious about email attachments, avoid suspicious websites (look
at the spellings carefully), install and continually update a high-quality antivirus program.
IOT Hacking
The Internet of Things is a brave new world that has opened insights into our daily
routines and our business processes to the web. Whether we like it or not, all of these
internet-connected objects are collecting and exchanging data. As you know, data is
valuable and for that reason, hackers will look to exploit any devices that aggregate it.
The more “things” we connect - the juicier the reward becomes for hackers. That’s why
it’s important to remember that personal passwords and business passwords all belong
to humans… with memories that we know are going to let us down from time to time.
What you can do: Use a password generator to secure all devices with unique
passwords. Here’s a list of the top 10 password managers you can use to help you keep
your devices more secure.
Remember, while you’re working within a business, each person has to take personal
responsibility for ensuring your cyber security. You have to prioritize your risks and think
through the scenarios that are likely to affect you, based on what you know about your
unique infrastructure and team. Don’t wait until it’s too late to take a proactive approach.
Keep focused on what’s coming and work to bring your team up to speed to create the
strongest defense against cybe attacks.
How to Prevent Cybercrime
Stay Up to Date
It goes without saying but having the most up-to-date security software provides better
protection against hackers, malware, viruses, and more. This is only one piece of the
actions you can take, but an important one.
That computer, smart phone, tablet, and social media site you can’t get enough of are
also avenues for bad actors to steal data. It’s not a complete doomsday scenario. Each
device or site normally has security settings in the form of pins, passwords, and control
over who sees your content. Brush up on security features and use them to your
advantage. And, finally, be smart. Don’t share passwords, codes or pins with anyone.
That free WIFI stores, restaurants, and other public places offer may be free, but it can
come with collateral fallout. In other words, free may come with a cost if you’re not
careful.
Keep this in mind: if it’s free to you, it’s also free to threat actors. Be careful entering any
personal information, using apps with passwords or entering login information, because
hackers can see what you’re doing. The best advice is to steer clear of public WIFI, or
simply don’t enter any data that can be compromised.
When not using a computer, smart phone, tablet or any other device that has
connectivity, simply lock or log off when you’re not using them. Visions of bad actors
conjure up faceless hackers who live in the ether but be aware that they also exist in the
flesh. Leave that laptop unlocked, step away for even a few minutes, and anyone can
walk up and gain instant access.
Don’t Phish
Follow an adage as old as the hills: if it’s too good to be true, then it probably is. The
same applies when you come across a link, text, email, online advertising or website
that looks inviting, yet suspicious. Be vigilant about any types of these — including
credit card company phone calls — requesting personal information. If they immediately
request personal data, or information, be weary.
Minimize Info
Sure, businesses are trying to capture personal information for marketing and third-
party services, but it’s best to steer away from entering data like birthdates, social
security numbers, and any other information tied to your identity. It leaves a digital
footprint that hackers love.
Cyber security
To ensure that you are effectively protecting your data, you need
something that works to prevent breaches, detect potential threats,
analyze suspicious activity, and provide remediation in the event that
something does occur. That’s where IT security policy comes into play.
A comprehensive IT security policy is essentially a battle plan that
guides your organization, ensuring that your data and network is guarded
from potential security threats. Think of it as a link between your people,
processes, and technology. When a security breach happens, it’s likely
because one of these links has failed.
With statistics like that, it’s pretty clear that having IT security policy in
place would be pretty beneficial! Here are five tangible benefits of
having a Security Policy to think about:
Working with an experienced team who can help you through the
process saves you time and money and alleviates the associated
headaches that come with it. Here is a 4-phase approach we follow when
developing IT security policy for our customers:
• Notify all the guidelines, formats, advisories, Best Practices required for
implementation of the project from time to time.
• Appraise the DPRs before putting up to the Monitoring Committee.
• Coordinate with the main stakeholders such as MoP, Monitoring Committee,
Central Electricity Authority, Utilities and consultants, if any
• Develop a dedicated web portal for submission of DPRs and for maintaining
the MIS of the projects
• Monitor physical and financial progress of the projects including quality of
works.
• Nodal agency shall operate a separate Bank account (IPDS Account) for
release of funds by Ministry of Power and for onward release to the
beneficiary Utilities /State Governments.
• Administer the Grant Component.
• Nodal agency shall deploy Third Party services of outside
agencies/manpower for concurrent evaluation of project implementation.
The Need for an International
Convention on Cyberspace
Over the past three decades, a convergence of information and
communication technologies (ICTs), together with various governance
policies, have created what we now call “cyberspace.” Today cyberspace
is a living reality, influencing all aspects of human behavior. The need to
create a universal and transparent global framework to ensure the
effective security and utilization of cyberspace “for the economic and
social advancement of all peoples” has become paramount. How can this
be achieved?
Governments addressed this issue more than two decades ago, when the
UN General Assembly (UNGA) adopted its first resolution on ICTs in
December 1998. Other stakeholders including businesses, academia, and
civil society have become more articulate in seeking a supportive
international framework for their activities in cyberspace. As the United
Nations marks its Seventy-fifth anniversary this year, and
notwithstanding the truly unpredictable effects of the COVID-19
pandemic, I believe the time has come to launch a broad-based multi-
stakeholder process that can culminate in the adoption of an
international convention on cyberspace.
Cyberspace and its Stakeholders
Emerging concepts related to the application of cyber technologies are
propelling the world into the Fourth Industrial Revolution. The Internet
of Things (IoT), artificial intelligence (AI), and robotics are expected to
dominate cyberspace and redefine the role of human beings in this
domain within just a few short years. While these phenomena are
currently being tested and applied within a few countries, their impact
will be felt globally due to the complex interlinkages of cyberspace.
These interlink ages revolve around cyber technologies and
infrastructure.
The Global Conferences on Cyberspace
At the global level, issues in cyberspace that require effective
international cooperation have been raised by the five multi-stakeholder
Global Conferences on Cyber Space held so far, beginning with the
London Conference in 2011.
The London Conference identified five broad themes for international
cooperation in cyberspace. These were economic growth and
development, social benefits, international security, tackling cybercrime
and ensuring safe and reliable access to cyberspace.
Subsequently, similar global conferences have taken place Budapest in
2012, which highlighted the importance of capacity building in
cyberspace, the linkage between internet security and internet rights, as
well as the role of civil society in cyberspace policies; Seoul in 2013,
which highlighted the need for universal access to cyberspace to
accelerate development; and The Hague in 2015, which established a
Global Forum on Cyber Expertise (GFCE) to promote capacity-building.
The Fifth Global Conference on Cyber Space was hosted by India in
2017, with a focus on “a secure and inclusive cyberspace for sustainable
development.” The intent of the conference was to promote the
importance of inclusiveness and human rights in global cyber policy, to
defend the status quo of an open, interoperable and unregimented
cyberspace, to create political commitment for capacity building
initiatives to address the digital divide and assist countries, and to
develop security solutions in a balanced fashion that duly acknowledge
the importance of the private sector and technical community.
Securing Cyberspace
Within the United Nations, governments have taken the initiative to
address the potential and also the dangers of cyberspace. In 1998, they
adopted a resolution in the UNGA that noted the use of ICTs for both
civilian and military purposes and prioritized “civilian applications.”
The resolution mandated the definition of “basic notions related to
information security,” while “developing international principles” to
enhance cyber-security.
The three broad areas that governments have taken up since 1998 to
develop international cooperation in cyberspace relate to norms for
cyber-security, measures to counter cybercrime, and agreeing on cyber
policies for accelerating effective governance.
Countering Cybercrime
The first major legal impetus for seeking inter-governmental cooperation
in countering cybercrime came in November 2001 from the Council of
Europe, which is comprised of 47 states and includes Russia but not the
United States, China, and other non-European countries. The Council of
Europe adopted the Budapest Convention on Cybercrime, emphasizing
that an “effective fight against cybercrime requires increased, rapid, and
well-functioning international cooperation in criminal matters.”
Focus specifically on why your security policy applies to all employees and how they should be
integrated into their daily tasks. Employees will pay better attention if the material is customized
to their day-to-day routines.
A Security Policy is a living document that require reviews and updates to maintain relevance. If
your IT security policies aren’t working, they must be evaluated and changed to make them
work. At minimum, a review should be done on an annual basis to make sure your security
policy is still working for you.
ProServeIT’s experienced security experts have helped many organizations like yours implement
a comprehensive security policy. Take a look at some of our offers below: