Recent statistics show that global cybercrimes will cause over $6 trillion in damage to businesses by the end of 2021. This damage will increase by 15% every year for the next five years and will eventually total $10.5 trillion. Learn how to prevent cyber-attacks in 2021.
The art of protecting your company's online systems from outside cyber-attack is known as cyber security. Read the full report to find out more. This includes protecting all mobile devices (i.e. phones, tablets, laptops) that you and your team use.
Data breaches are a form of cyber risk. Hackers will attempt to access your company's and your customers' sensitive data. This information can include names, addresses and even credit card information.
Preventing cyber attacks
It is very important to deploy resources to combat cyber-attacks. Preventing cyber-attacks requires resources. Despite this invasion, there is a way to prevent cyber-attacks, known as the layered security approach.
Layered security approach
If hackers breach one layer of security on your system, other layers are in place to protect your company's digital assets. The different categories of protection work in synergy to ensure good coverage if another component fails.
You will find three different layers of security at work to protect your data. These exist at the technical, physical and administrative levels.
Layer 1: Technical security
Technical security protects your data stored on the network. You can identify your baseline security level with a network security assessment that identifies any existing vulnerabilities in your network.
Updated security software on mobile devices protects sensitive data when you use them on a public network. The technical security layer includes hardware and software security solutions. These solutions can prevent unauthorized access to your network.
Layer 2: Physical access
In addition to IT threats in the digital world, a genuine safeguard in the physical world is also essential to protect software, hardware and other information from external attack.
This layer of security may involve the addition of building controls to limit access to doors, walls or gates to prevent unauthorized access. Interior controls include ID scanners to confirm an individual's identity.
Laptops and mobile devices should also be secured when not in use.
Layer 3: Administrative security
Most companies have files that not all staff are allowed to see, such as sensitive employee files or future expansion plans.
Administrative security defines the methods of controlling access to these records.