In this era of information-driven technology, the only thing constant in this world is change. As more generations of young people continue to dominate, technology constantly changes the way mankind approaches the corporate world. The Internet has now almost taken over our lives in all aspects particularly in communication, entertainment, banking, transportation, shopping, doing transactions etc. A coin has two sides; similarly, the internet has its own boon and bane! With the Internet, the world has now become a global village. Soon, the smart operators saw their chance to hack and cybercrime was born. With the lack of security, hackers can easily theft data or can manipulate it. Viruses spread easily and total data can be corrupted. It's up to us to receive good by utilizing the technology to compete with this fast growing world and to leave bad.
Let's first know what Cyber Attack is, what they can do?
Cyber-attack is any type of offensive trick motivated by socially or politically employed individuals or whole organizations who target computer information systems by various means of malicious acts usually originating from an anonymous source that either steals, alters, or destroys a specified target by hacking into a susceptible system.
Perhaps you can't even imagine how a cybercriminal halfway around the world could target you. Your personal information may become public without your having the suspicion about it happening. You banking operations could be subjected to wrong transactions from a remote location. Viruses that enter your system can alter your files, change your passwords and generally play havoc. Purchases could be affected without your knowledge. After all, with so many large corporations out there in the big, bad cyber world, your laptop or web server is hardly worth the bother, right? The truth is that small enterprise is increasingly becoming the most attractive targets today for cyber thieves from all over the world.
We might have come across many such instances in our life. Recently we have read a news report on 11th Sep 2014, Google is the latest cybercrime victim with Russian hackers posting usernames and passwords of close to five million Google accounts online.
Managing corporate cyber-security is more than just responding to Cyber-Attack
Even though now It's clear that the external threats posed by the hackers and viruses are a real issue for businesses, but the BUSINESS sectors also need to be aware of the numerous internal threats that can effect on an organization.
Firstly- It's crucial to acknowledge that employees can put businesses at risk through the way they use and interact with smartphones and tablets nowadays. Whether it's a personally or corporately owned device, employees can download apps, open emails and receive text messages all of which can open the device up to the kind of external threats mentioned within the report.
Living in this corporate world, I myself had come across so many virus threats and links that automatically download malware causing harm to my machine. For someone, the losses can be fatal.
So who is responsible for preventing these internal risks and
what can be done?
All Businesses can take responsibility by using careful, intelligent methods to let employees use whatever device is convenient to access business data. However, the challenge for businesses is also to give their employees the freedom to use their own devices, but without compromising security, financial, reputational consequences and output.
Risk management is the practice of using processes, methods, and tools for managing these risks by identifying what could go wrong, evaluating which risks should be dealt with and implementing strategies to deal with those risks. Businesses that have identified the risks will be better prepared and have a more cost-effective way of dealing with them.
Choose the right Path that increases your business chances of success and reduce the possibility of failure.