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Tips for Protecting Businesses from Data Breaches and Cyberattacks

Data_Breaches
As technology is constantly transforming, cases of cyber-attacks and breaches are increasing. One needs to be well prepared to prevent cyber attacks and save your company from the storm. However, businesses are likely to think that it won’t affect them. Having this thought in mind, you do not bother about the possible threats. But, this is not the case.

As technology advances, hackers sophisticate themselves with the latest technologies every second. So, any business, at any point, can become prey to them. So, the solution is to be prepared with the right answers to recognize and prevent cyber attacks before they get into your business and put your business to a halt or jeopardize it ultimately.


Impact of Cyberattacks on Companies

Significant damage can happen to your business when there is a successful cyberattack. The impact of a security breach can come in three ways: reputational, financial, and legal. Cyberattacks also affect the customers’ trust in you. As a result, you may lose corporate and financial information and money. Moreover, there will be a loss of customers, sales, and profits. Data security for small businesses can be ensured only through effective strategy.

So, the practical approach is to prepare yourself and mitigate the potential risks of cyberattacks, threats, and other possible breaches. This article highlights some practical tips to help you safeguard your business from cyberattacks and breaches.


How to Prevent Cyberattacks and Data Breaches

It is high time for businesses to concentrate on protecting their businesses. Companies have witnessed an explosion of cyberattacks since the onset of the pandemic. Thus, having a robust cybersecurity solution is essential. The following tips will help you understand how to prevent cyber attacks on businesses and design a practical cybersecurity strategy for your business and safeguard it from threats.


Use Firewalls

Using firewalls is the most practical option to safeguard your business from hackers and other online fraud. In addition, firewalls provide you with the following benefits to run your business smoothly:

  • Stops virus attacks
  • Monitors network traffic
  • Stops spyware
  • Prevents hacking
  • Promotes privacy


Train your Employees the Best Cybersecurity Practices

Training your employees well in advance is critical to safeguarding your business from cybersecurity threats and breaches. Uneducated employees can get you into real trouble. For example, you should educate them to detect malicious emails and prevent them from opening and responding. It is because ransomware is the most common hacking strategy fraudsters use, and most employees fall prey to it. Thus, building cybersecurity awareness is critical. This will work beeter with ensuring data security for small businesses.

Training is necessary for employees as cybersecurity is not just the responsibility of the IT team. It’s a unanimous effort of all the employees, from the bottom level to the top.

Thinking of cybersecurity solely as an IT issue is like believing that a company’s entire workforce, from the CEO down, is just one big HR issue. – Steven Chabinsky, Global Chair of Data, Privacy & Cybersecurity at White & Case LLP.


Data Backup and Encryption

Even if you fall prey to online fraud, regular backup of your data will save you from severe financial loss, serious downtime, and loss of data. This is the most innovative way to protect yourself from data breaches. So, back up your data elsewhere other than your office systems.

Another practical way to protect your business is to encrypt all your data. Encryption prevents access to sensitive data by the wrong hands. Even if they get your data, the encrypted data becomes useless.


Change Passwords Often

Make sure you follow the best practices with your password usage. For example, setting the same password for all your accounts can be considered. If the hacker figures out one of your passwords, he gets access to all your accounts. Avoid using the same password for all your websites and accounts.

Using the same password for a long time can also be dangerous. So, it's advised to keep updating passwords for your accounts. And, it is considered an effective measure to stay strong with your business, preventing cyber attacks.


Summing up

Above are some of the measures that can be included in your cybersecurity plan and strategy for your business due to the recent acceleration of digital transformation. Thus, you may have to ensure that you’re well prepared to face whatever might happen.

Along with the above things, a cybersecurity audit should be conducted regularly to find loopholes and maintain and update the policies as the technology is getting updated.


Frequently Asked Questions


What are the best methods for mitigating data breaches?

Observing cybersecurity best practices regularly is necessary to mitigate data breaches effectively. Those best practices can be regular risk assessments, training staff, building awareness, data backup and encryption, and using up-to-date security software.


Which are the fourpractical ways to protect your business against possible cybersecurity threats?

An effective plan and strategy have to be in place to protect your business against all cybersecurity threats and data breaches. The method can include vulnerability management, inventory rounds, setting up policies and training for staff, and conducting a regular audit of your cybersecurity plan and strategy.

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Top 5 Tactics for Improving Cloud Security Hygiene for Businesses

Article | November 22, 2022

The subject of how information security impacts different industry sectors is an intriguing one. For example, how does the finance industry fare in terms of information security compared to the health sector, or the entertainment business? Are there some sectors that face greater cyber-threats and risks than others? Do some do a better job of keeping data secure, and if so, how and why?A new study of credit management professionals has revealed that improving the quality of data and decision-making will be a top priority for the credit industry in the next three years. The research, from Equifax Ingnite in collaboration with Coleman Parkes, takes a deep dive into the views of credit management pros across retail, banking, finance and debt management/recovery sectors.

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3 Trends in Data Privacy Breach Laws That Will Carry Over to 2020

Article | February 12, 2020

During 2019, new privacy laws were introduced, and many current laws evolved in the United States and across the global landscape. With the General Data Protection Regulation (GDPR) in full effect, we saw expensive fines levied upon companies that fell victim to data privacy breaches. As we move into a new year, probably the biggest takeaway from 2019 is that being proactive and having a data privacy strategy in place is important to help mitigate the risk of a data privacy breach. The regulatory landscape continues to evolve as states and countries actively pass new expanded requirements for privacy and cybersecurity regulations. While laws in the U.S., like the California Consumer Privacy Act (CCPA), are getting significant attention, many other states and countries are actively amending their breach notification laws to include tighter restrictions.

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CryptoMove

Active defense data protection. CryptoMove protects data with dynamic movement, distribution, mutation, and re-encryption. •Integrate w/cloud, distributed, on prem, database, at edge/fog nodes, and IoT devices. •Threat model: data identification and recon, cryptographic attack, cleartext and ciphertext exfiltration, key attack, data destruction, integrity, insider, corruption, ransomware, quantum. Active defense makes the attack surface dynamic and frustrates multiple layers of the kill-chain, including reconnaissance and lateral movement.

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Software Security

Palo Alto Networks Intends to Acquire Talon Cyber Security

Palo Alto Networks | November 08, 2023

Palo Alto Networks plans to acquire Talon Cyber Security to enhance its Secure Access Service Edge (SASE) solution. Talon's Enterprise Browser technology, when integrated with Prisma SASE, will provide secure access to business applications. The acquisition reflects the importance of adapting SASE solutions to ensure consistent security for unmanaged devices. Palo Alto Networks, a global cybersecurity leader, has announced its intent to acquire Talon Cyber Security, an enterprise browser technology pioneer, to enhance its Secure Access Service Edge (SASE) solution and provide comprehensive protection for managed and unmanaged devices. In today's digital landscape, unmanaged devices often connect to enterprise applications without adequate security measures, making them susceptible entry points for attackers seeking to access sensitive information. Lee Klarich, Chief Product Officer of Palo Alto Networks, emphasized the importance of securing all work activity through an Enterprise Browser without compromising device privacy to protect users and applications effectively. He continued that the integration of Talon's technology with Prisma SASE aims to provide consistent security for all users and devices. Anand Oswal, SVP and GM at Palo Alto Networks highlighted the significance of securing unmanaged devices with the same robust security as managed devices, especially in today's dynamic threat landscape. HE further stated that the combination of Prisma SASE and Talon's Enterprise Browser is poised to revolutionize security measures in modern digital environments. Talon Cyber Security's Enterprise Browser technology offers an innovative solution that, when integrated with Prisma SASE, will enable users to securely access business applications from any device, including non-corporate devices, while ensuring a seamless user experience. This strategic move by Palo Alto Networks addresses the evolving security challenges in a connected world. Talon's Co-Founder and CEO, Ofer Ben-Noon, acknowledged the shifting work models and user preferences and the need for powerful last-mile security solutions. Talon's Enterprise Browser is designed to offer familiar user experiences with enterprise-grade protection. Ben emphasized that partnership with Palo Alto Networks is seen as a catalyst to accelerate its mission of delivering superior outcomes for customers. Talon, founded by Ofer Ben-Noon and Ohad Bobrov, secured the RSA Conference's Innovation Sandbox contest in 2022. The co-founders will continue to lead their teams within the Prisma SASE team at Palo Alto Networks upon the completion of the acquisition. Anand Oswal, Senior Vice President and General Manager at Palo Alto Networks, highlighted the advantages and security risks associated with Bring Your Own Device (BYOD) policies. He noted that Talon's Enterprise Browser provided security teams enhanced visibility and control over work-related Software as a Service (SaaS) and web activity across all devices, including personal and unmanaged endpoints. Anand emphasized the need for Secure Access Service Edge (SASE) solutions to adapt in order to secure unmanaged devices with the same consistent security measures applied to managed devices. This would enable users to access business applications securely from any device and location.

Read More

Data Security

Oracle Attempts to Design New Open Network and Data Security Standard

Oracle | September 20, 2023

Oracle to participate in an industry-wide initiative to design a new open network and data security standard. Oracle and Applied Invention are assisting to developing and promoting a novel network and data-centric security standard to tackle distributed cloud deployment challenges. This standard will enable organizations to protect their data throughout its entire lifecycle without requiring modifications to their distributed cloud environments' underlying architecture. Oracle, one of the world's largest database management companies, announced that it will participate in an industry-wide initiative to design a new open network and data security standards that will assist organizations in protecting their data in distributed IT environments. Oracle will collaborate with Applied Invention, a significant technology provider, and other industry leaders, including Nomura Research Institute, Ltd. (NRI), a global leader in consulting and system solutions. This new standard will enable networks to enforce shared security policies collectively, thereby augmenting the security architecture organizations already employ without requiring modifications to existing applications and networks. Oracle plans to launch the Oracle Zero-Trust Packet Routing Platform, based on the new standard, to support this new initiative. This platform will assist organizations in preventing illegal access or use of their data without imposing additional obstacles on legitimate activities. Executive Vice President of Security and Developer Platforms at Oracle Cloud Infrastructure, Mahesh Thiagarajan, said, Over the last 20 years, the cybersecurity industry has produced many incremental changes, but we need a fundamentally novel approach to protect our data in the increasingly complex cloud era. Organizations require a way to describe their data security policies in one place where they can be easily understood and audited, and they need a way to make sure those policies are enforced across their entire computing infrastructure, including their clouds. [Source – Cision PR Newswire] As the adoption of cloud technology rises and IT landscapes become more intricate with distributed cloud deployments, organizations face escalating challenges in safeguarding their data using conventional methods and tools. For example, many existing systems necessitate security teams to orchestrate disparate solutions across various facets, including database, application, network, and identity security. This complexity is further compounded when applied across diverse environments. Ensuring seamless collaboration among these solutions becomes a formidable task due to the dynamic and independent changes in applications, environments, and user profiles. Additionally, current security systems demand extensive configurations to accurately distinguish between different user categories, such as full-time employees and contractors, without compromising security or restricting access. Research Vice President of Cloud and Edge Infrastructure Services at IDC, Dave McCarthy, said, The new standard Oracle develop has the potential to change all of that by adding a unified layer of security on top of existing solutions. Building data protection policies into the network itself will assist users get the access they require while ensuring the data remains secure behind the scenes. [Source – Cision PR Newswire] Oracle and Applied Invention are assisting in designing and promoting a novel security standard, focusing on network and data-centric security, which aims to tackle these challenges. This innovative standard will empower organizations to safeguard their data across its entire lifecycle, including distributed cloud environments. To accomplish this, the standard will implement an intent-based security policy that is designed to be understandable, auditable, and interpretable by humans. This intent-driven approach will be put into practice at the network layer, ensuring that every data transmission contains authenticated attributes concerning the sender, receiver, and the nature of the data in transit.

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Data Security

Virtru Announces the Unveil of Data Security Integration for Zendesk

Virtru | October 09, 2023

Virtru, a worldwide leader in data-centric security and privacy, has announced the expansion of its encrypted file-sharing platform, Virtru Secure Share, to integrate with Zendesk. This direct integration enables organizations to safeguard data flow inward and outward within Zendesk without disrupting their current workflows. These integrations are accessible for purchase both from Virtru directly and through the Zendesk app marketplace. Virtru Secure Share offers top-notch, military-grade encryption and user-friendly experiences for Zendesk users. This integration is especially valuable for customer support teams involved in exchanging sensitive information with partners and customers during client onboarding and support processes. Jill Emerson, System Administrator and Member of Team Rehabilitation Physical Therapy, stated, We are in the healthcare sector, and to have that level of advanced data protection in Zendesk, without having to think about it, is invaluable. In between Virtru’s email security and the Virtru Secure Share integration for Zendesk, our most common and high-volume collaboration workflows can remain secure. Secure Share enables us to strike a balance between usability and security, so we can protect the data of our patients and deliver a positive experience at the same time. [Source – Globe Newswire] By utilizing Virtru’s user-friendly secure file-sharing features integrated into their familiar business applications, customer service representatives can efficiently assist customers while ensuring compliance with regulatory obligations. John Ackerly, Co-founder and CEO of Virtru, said, With this latest Secure Share integration, Zendesk users can now receive and send encrypted files securely with individuals both outside and inside of their organization without compromising the user experience or efficiency. [Source – Globe Newswire] He further stated that this is particularly crucial when confidential data must be shared to accomplish tasks. It was also mentioned that this should provide businesses with increased peace of mind, ensuring that their employees and customers maintain complete control of their data at all times. About Virtru Virtru empowers organizations worldwide, providing them with the means to harness the potential of data while ensuring control over its storage and sharing. Trusted by over 8,000 global clients, Virtru supports its Zero Trust strategies and safeguards its most sensitive data according to the world’s strictest security standards. As the creators of Trusted Data Format (TDF), an industry standard for persistent data protection, Virtru provides encryption technology for data shared through email, cloud environments, collaboration tools, and SaaS applications.

Read More

Software Security

Palo Alto Networks Intends to Acquire Talon Cyber Security

Palo Alto Networks | November 08, 2023

Palo Alto Networks plans to acquire Talon Cyber Security to enhance its Secure Access Service Edge (SASE) solution. Talon's Enterprise Browser technology, when integrated with Prisma SASE, will provide secure access to business applications. The acquisition reflects the importance of adapting SASE solutions to ensure consistent security for unmanaged devices. Palo Alto Networks, a global cybersecurity leader, has announced its intent to acquire Talon Cyber Security, an enterprise browser technology pioneer, to enhance its Secure Access Service Edge (SASE) solution and provide comprehensive protection for managed and unmanaged devices. In today's digital landscape, unmanaged devices often connect to enterprise applications without adequate security measures, making them susceptible entry points for attackers seeking to access sensitive information. Lee Klarich, Chief Product Officer of Palo Alto Networks, emphasized the importance of securing all work activity through an Enterprise Browser without compromising device privacy to protect users and applications effectively. He continued that the integration of Talon's technology with Prisma SASE aims to provide consistent security for all users and devices. Anand Oswal, SVP and GM at Palo Alto Networks highlighted the significance of securing unmanaged devices with the same robust security as managed devices, especially in today's dynamic threat landscape. HE further stated that the combination of Prisma SASE and Talon's Enterprise Browser is poised to revolutionize security measures in modern digital environments. Talon Cyber Security's Enterprise Browser technology offers an innovative solution that, when integrated with Prisma SASE, will enable users to securely access business applications from any device, including non-corporate devices, while ensuring a seamless user experience. This strategic move by Palo Alto Networks addresses the evolving security challenges in a connected world. Talon's Co-Founder and CEO, Ofer Ben-Noon, acknowledged the shifting work models and user preferences and the need for powerful last-mile security solutions. Talon's Enterprise Browser is designed to offer familiar user experiences with enterprise-grade protection. Ben emphasized that partnership with Palo Alto Networks is seen as a catalyst to accelerate its mission of delivering superior outcomes for customers. Talon, founded by Ofer Ben-Noon and Ohad Bobrov, secured the RSA Conference's Innovation Sandbox contest in 2022. The co-founders will continue to lead their teams within the Prisma SASE team at Palo Alto Networks upon the completion of the acquisition. Anand Oswal, Senior Vice President and General Manager at Palo Alto Networks, highlighted the advantages and security risks associated with Bring Your Own Device (BYOD) policies. He noted that Talon's Enterprise Browser provided security teams enhanced visibility and control over work-related Software as a Service (SaaS) and web activity across all devices, including personal and unmanaged endpoints. Anand emphasized the need for Secure Access Service Edge (SASE) solutions to adapt in order to secure unmanaged devices with the same consistent security measures applied to managed devices. This would enable users to access business applications securely from any device and location.

Read More

Data Security

Oracle Attempts to Design New Open Network and Data Security Standard

Oracle | September 20, 2023

Oracle to participate in an industry-wide initiative to design a new open network and data security standard. Oracle and Applied Invention are assisting to developing and promoting a novel network and data-centric security standard to tackle distributed cloud deployment challenges. This standard will enable organizations to protect their data throughout its entire lifecycle without requiring modifications to their distributed cloud environments' underlying architecture. Oracle, one of the world's largest database management companies, announced that it will participate in an industry-wide initiative to design a new open network and data security standards that will assist organizations in protecting their data in distributed IT environments. Oracle will collaborate with Applied Invention, a significant technology provider, and other industry leaders, including Nomura Research Institute, Ltd. (NRI), a global leader in consulting and system solutions. This new standard will enable networks to enforce shared security policies collectively, thereby augmenting the security architecture organizations already employ without requiring modifications to existing applications and networks. Oracle plans to launch the Oracle Zero-Trust Packet Routing Platform, based on the new standard, to support this new initiative. This platform will assist organizations in preventing illegal access or use of their data without imposing additional obstacles on legitimate activities. Executive Vice President of Security and Developer Platforms at Oracle Cloud Infrastructure, Mahesh Thiagarajan, said, Over the last 20 years, the cybersecurity industry has produced many incremental changes, but we need a fundamentally novel approach to protect our data in the increasingly complex cloud era. Organizations require a way to describe their data security policies in one place where they can be easily understood and audited, and they need a way to make sure those policies are enforced across their entire computing infrastructure, including their clouds. [Source – Cision PR Newswire] As the adoption of cloud technology rises and IT landscapes become more intricate with distributed cloud deployments, organizations face escalating challenges in safeguarding their data using conventional methods and tools. For example, many existing systems necessitate security teams to orchestrate disparate solutions across various facets, including database, application, network, and identity security. This complexity is further compounded when applied across diverse environments. Ensuring seamless collaboration among these solutions becomes a formidable task due to the dynamic and independent changes in applications, environments, and user profiles. Additionally, current security systems demand extensive configurations to accurately distinguish between different user categories, such as full-time employees and contractors, without compromising security or restricting access. Research Vice President of Cloud and Edge Infrastructure Services at IDC, Dave McCarthy, said, The new standard Oracle develop has the potential to change all of that by adding a unified layer of security on top of existing solutions. Building data protection policies into the network itself will assist users get the access they require while ensuring the data remains secure behind the scenes. [Source – Cision PR Newswire] Oracle and Applied Invention are assisting in designing and promoting a novel security standard, focusing on network and data-centric security, which aims to tackle these challenges. This innovative standard will empower organizations to safeguard their data across its entire lifecycle, including distributed cloud environments. To accomplish this, the standard will implement an intent-based security policy that is designed to be understandable, auditable, and interpretable by humans. This intent-driven approach will be put into practice at the network layer, ensuring that every data transmission contains authenticated attributes concerning the sender, receiver, and the nature of the data in transit.

Read More

Data Security

Virtru Announces the Unveil of Data Security Integration for Zendesk

Virtru | October 09, 2023

Virtru, a worldwide leader in data-centric security and privacy, has announced the expansion of its encrypted file-sharing platform, Virtru Secure Share, to integrate with Zendesk. This direct integration enables organizations to safeguard data flow inward and outward within Zendesk without disrupting their current workflows. These integrations are accessible for purchase both from Virtru directly and through the Zendesk app marketplace. Virtru Secure Share offers top-notch, military-grade encryption and user-friendly experiences for Zendesk users. This integration is especially valuable for customer support teams involved in exchanging sensitive information with partners and customers during client onboarding and support processes. Jill Emerson, System Administrator and Member of Team Rehabilitation Physical Therapy, stated, We are in the healthcare sector, and to have that level of advanced data protection in Zendesk, without having to think about it, is invaluable. In between Virtru’s email security and the Virtru Secure Share integration for Zendesk, our most common and high-volume collaboration workflows can remain secure. Secure Share enables us to strike a balance between usability and security, so we can protect the data of our patients and deliver a positive experience at the same time. [Source – Globe Newswire] By utilizing Virtru’s user-friendly secure file-sharing features integrated into their familiar business applications, customer service representatives can efficiently assist customers while ensuring compliance with regulatory obligations. John Ackerly, Co-founder and CEO of Virtru, said, With this latest Secure Share integration, Zendesk users can now receive and send encrypted files securely with individuals both outside and inside of their organization without compromising the user experience or efficiency. [Source – Globe Newswire] He further stated that this is particularly crucial when confidential data must be shared to accomplish tasks. It was also mentioned that this should provide businesses with increased peace of mind, ensuring that their employees and customers maintain complete control of their data at all times. About Virtru Virtru empowers organizations worldwide, providing them with the means to harness the potential of data while ensuring control over its storage and sharing. Trusted by over 8,000 global clients, Virtru supports its Zero Trust strategies and safeguards its most sensitive data according to the world’s strictest security standards. As the creators of Trusted Data Format (TDF), an industry standard for persistent data protection, Virtru provides encryption technology for data shared through email, cloud environments, collaboration tools, and SaaS applications.

Read More

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