Tag Archives: cyberattack

Hacker

Preparing for Today’s Generation of Ambitious Hackers

HackerOnline businesses are increasingly improving against their brick-and-mortar counterparts. With this success, however, has come a whole new threat: the rise of a cyber attacker who isn’t showing much restraint, even for the biggest targets.

Hacker Ambition on the Rise

In just the last couple years, hackers have been seen going after targets that even five years ago might have been unthinkable. While retail store breaches were standard fare, new cyber attackers pursued online banks, and some evidence suggests that hackers may have even targeted the 2016 U.S. Presidential Election, though to what extent is unclear.

The growth of the Internet of Things (IoT) has emboldened some hackers, who in another incident used connected devices as part of a massive botnet of semi-autonomous connected devices to engage in distributed denial of service (DDoS) attacks that shut down websites.

Surprising Weaknesses Appear

Perhaps the good news in the current hacking-filled environment is that it reveals just how insecure networks really are. Stolen credentials are only the beginning, and lower-tech attacks do plenty of damage as well. Business email compromise–essentially just highly-targeted phishing operations–caused $3 billion in losses over three years, according to Symantec.

More Cloud, More Problems

Perhaps worst of all, companies are contributing to their own downfalls through everyday business processes. The growth of the IoT is putting more potential points of access into play, and many of these are poorly secured thanks to a faulty perception that a connected device is a low-value target. The device itself may be, but the network that it’s connected to is of much higher value.

Symantec’s reports were grim on this front as well; attacks on IoT devices doubled throughout 2016, and at the worst of it, there was one attack every two minutes on an IoT device. Increased movement to cloud-based systems was likewise bringing out fresh targets of opportunity for hackers.

Eternal Vigilance Is the Price of Liberty…Online

So what can be done? Proper security must be observed at every turn, even when doing so seems inconvenient or cumbersome. Furthermore, the tools to protect security must be improved; after all, tools that cause as many problems as they prevent aren’t worth using.

Tools like those found at MicroCorp can be a great start toward a process of continuous security improvement, helping users better protect systems against outside intrusion. It’s a project that requires everyone’s cooperation, from the end user to the security developer, and one that makes us all safer. For more information about how MicroCorp can help secure your business, contact us today.

Preparing for the Next Generation of Security Intelligence

Are you familiar with security intelligence? If not, you should be. Here’s what you need to know about this growing data-gathering activity that will protect your digital assets from cyber criminals.

Introducing a New Kind of Intelligence

Since cyber threats continue to increase regardless of how sophisticated cybersecurity software gets, governments and businesses are turning to the next phase of defense — intelligence gathering. This solution involves collecting huge amounts of actionable information on cyber threats, then using big data tools to protect organizations from outside threats.

Time and Cost Efficiency Factors

IT teams should not go overboard chasing intelligence if it’s not helping the company. Security intelligence is meant to enhance security systems, not replace them. If a company devotes too much time and money to this data collection process, they may lose focus on what the business is really about — which is making money, not spending money. The key is to synchronize big data tools when necessary to guard against dangerous attacks.

Modern malware can hide for many weeks in a network before it initiates damage. It can be prevented using machine learning strategies that predict disasters. Detailed intelligence will help companies determine the safety of their existing protection.

Cyber Myths

Before venturing into big data collection, you should be aware that many myths surround intelligence gathering in the digital world. It’s not designed to predict presidential elections, military outcomes, or the stock market. Many people may assume too much from the word “prediction.” What this intelligence does is bring together the most relevant data on cyber threats so that analysts can quickly make determinations on avoiding disasters.

In recent years, a majority of North American and European businesses have been victimized by cyber crime in some form. As much as the government is working to crack down on cyber criminals, all it takes is one attack to wipe out a business. The Internet of Things and expanding interconnectivity of devices are creating increased vulnerabilities.

Perhaps the biggest cyber-myth of all is when companies believe that simply installing firewalls and doing routine screening for bugs will be sufficient protection against cyber threats. Adding security intelligence will help businesses gain more confidence in their protection from cyber crime moving forward.

Conclusion

Firewalls, ransomware protection, and other security solutions can be maximized when using data collection and analysis software that predicts cyber attacks. The reason governments and corporations are adding security intelligence to their systems is because they anticipate cyber crime to escalate in the coming years. Contact us to learn more about how MicroCorp can strengthen your defense against cyber crime and improve profitability.