Why Are Cyber-Attacks Increasing?
Government data given in Parliament shows that in 2020 India reported 1.16 million cyber security northern rivers incidents, which is three times the number registered in 2019. Every day of the year, around 3000 cybersecurity-related incidents were recorded. It is not only concerning in India but also throughout the world, including the United States. Why did this happen? The increase of Covid-19 has expedited a tendency that was already on the rise before this. Due to the widespread adoption of WFH around the world, high reliance on technology has become unavoidable. Additionally, the increased adoption of 5G, the interconnectedness of devices, new processes and procedures, updated employee profiles, and less-controlled work environments have all increased security risks. Historical Background It’s no secret that hackers have been around for a long time, with the first instance of cybercrime occurring in the late 1970s. The type of cyber attacks, on the other hand, has evolved throughout time. The ability to bring down large organizations was revealed by cyber thieves in 2017, who went from attacking individuals and seeking $100-$200 per person a decade earlier. Attacking business enterprises and governments was significantly more effective than attacking nation-states at this point. As a result of the plight of giant industries, Recent Attacks The tactics used by cybercriminals to compromise their targets include social engineering techniques such as phishing and identity theft and spam emails, malware, ransomware, and whaling. Ransomware assaults have been on the rise in the United States during the previous few weeks. The Colonial Pipeline, which transports natural gas, jet fuel, and diesel to the East Coast, was the site of the first significant incursion. J.B. Snipes & Company, one of the world’s largest beef suppliers, was another option. Action by Corporate India Even though there are no foolproof procedures to protect oneself against an assault, there are several basic hygiene elements that, if handled, can assist firms in keeping their data secure. But the majority of businesses do not even adhere to the most fundamental of business ethics. “To get new digital goods to market as quickly as possible, even tech businesses in Silicon Valley make compromises on safety. As a result, many people choose speed over safety. Getting management on board is essential if things are to improve. The integration or deployment of new frameworks or methodologies necessitates the use of a top-down strategy. Regularly assessing controls, according to NSDL eGovernance Infrastructure Limited, which provides various eGovernment services on behalf of the government to the residents of the country, is essential. Continuous monitoring of data traffic and vulnerability assessment is also required, in addition to the above. Lastly, it is critical to raise client knowledge of the importance of staying safe when shopping. Trends in Cyber Security In the cyber security northern rivers area, according to Netlogyx, which delivers end-to-end integrated engineering, quality services, and management consulting for digital transformation. Weakest Link The weakest link in your chain determines your overall strength, and in the case of cyber security, it is the unskilled person who can pose the most risk. Simply, a mobile-first platform for credit card payments, claims it mitigates this risk by conducting monthly training sessions for all workers to ensure that they are aware of phishing emails and social engineering attempts and how to report them as soon as possible they are identified.
Read MoreWhat Are The Top Network Security Issues And Concerns?
Network Security is becoming an increasingly serious concern for individuals, businesses, and governments alike. In a world where everything is digital, from cute kitten videos to travel journals to credit card information, ensuring our data security is one of the most difficult challenges of Network Security. Network Security threats come in a variety of forms, including ransomware, phishing attacks, and malware attacks. Listed below are most common types of network security issues and concerns 1. Ransomware Attacks Ransomware attacks have grown in popularity in recent years. According to Netlogyx, approximately 82% of IT organizations around the world have been impacted by ransomware in the last six months. Ransomware attacks encrypt a user’s data and prevent them from accessing it until a ransom is paid. Ransomware attacks are critical for individual users, but even more so for businesses unable to access data necessary for day-to-day operations. However, in most ransomware attacks, the attackers refuse to release the data even after payment is made, preferring to extort additional money. Regular network security audits are necessary in order to prevent this type of ransomware attack. 2. IOT Attacks IoT Analytics predicts that there will be approximately 11.6 billion IoT devices. The Internet of Things (IoT) refers to computing, digital, and mechanical devices capable of transmitting data autonomously over a network. Desktops, laptops, mobile phones, and smart security devices are all examples of IoT devices. As the adoption of IoT devices accelerates, so do the network security challenges. By attacking IoT devices, sensitive user data can be compromised. Protecting IoT devices is a significant challenge in Network Security, as gaining access to these devices can facilitate the launch of additional malicious attacks. For the prevention of this kind of IOT attack, regular network security audits are necessary. 3. Cloud Attacks Today, the majority of us rely on cloud services for personal and professional purposes. Additionally, hacking cloud-based platforms to steal user data is a challenge for businesses’ Network Security. We are all familiar with the infamous iCloud hack, which exposed celebrities’ private photos. If such an attack is launched against enterprise data, it poses a significant threat to the organization and may even result in its demise. 4. Phishing Attacks Phishing is a social engineering attack that is frequently used to steal user data, such as usernames and passwords and credit card numbers. Unlike ransomware attacks, the hacker does not immediately delete the user’s confidential data upon gaining access. Rather than that, they use it for their gains, such as online shopping and unauthorized money transfers. Phishing attacks are popular among hackers because they exploit a user’s data until the user discovers it. 5. Attacks on Blockchain and Cryptocurrency While blockchain and cryptocurrency may be unfamiliar to the average internet user, they are critical to businesses. Thus, attacks on these frameworks present significant challenges for businesses in terms of Network Security, as they can compromise customer data and business operations. These technologies have progressed beyond their infancy but have not yet reached an advanced stage of security. As a result, organizations must be aware of the security risks associated with these technologies and ensure network security audits exist for intruders to exploit. 6. Vulnerabilities in Software Even the most sophisticated software contains vulnerabilities that could pose significant challenges to Network Security in 2020, given the increased adoption of digital devices. Individuals and businesses generally avoid updating the software on these devices because they believe it is unnecessary. However, updating the software on your device to the latest version should be a priority. An older version of software may contain patches for security vulnerabilities that the developers have addressed in a subsequent version. Attacks on unpatched software versions are a significant source of concern for Network Security.
Read More