Technological advancement has not only brought a drastic change in the regular operations of any organization but it has also exposed it to cyber-attacks. Through attacks like spear phishing via Email and hacking of network, it has the capability from affecting the business of any company to exposing top secret data of any company.
Some of the cyber security vulnerabilities for your business are:
No Cyber Security Policy: Cyber-attacks have increased exponentially in the recent years capable of affecting each and every company out there. Not having a proper well documented cyber security policy and not involving employees in it can expose your organization to massive financial repercussions in case of a security breach.
Sensitive Data Exposure: In most cases, this is what cyber mafias look out for. They try to hack your system network to steal, damage or modify sensitive data like company policies and user information that has the potential to shake up and halt your business proceedings.
Security Mis-configuration: Clumsy mistakes by users or employees can expose cyber security for hacking. When employees or users use default passwords, run outdated or unnecessary applications then these become an easy target for even low-level hackers.
Weak Authentication: Broken authentication is one of the most common cyber security vulnerability. When encrypted data are exchanged online say, by logging in, then that data is vulnerable to theft. In most cases, hackers target weak areas in authentication and session management which occur between any two systems for exchange of package. If data is encrypted poorly, hackers using techniques like Man-in-the-Middle can intercept and decipher any data sent by a user.
Aging infrastructure: Having outdated hardware can expose your system to cyber-attacks since it may be incapable to install latest security patches for the software in it. Using obsolete software which requires older versions of plug-ins can also make your system network vulnerable to cyber-attacks.
Though strengthening the defense system of your organization against cyber-attacks in a short span of time may not be viable but prioritizing the cyber issue and investing on it is a must. Its long-term benefits are immense.