Uploaded on Jun 12, 2023
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How to assess your Cybersecurity Vulnerability_
How to assess your
Cybersecurity
Vulnerability?
Introduction
The increased reliance on digital technology results in an increased dependence
on cybersecurity. This increased reliance also results in increased cybersecurity
threats. IBM estimates the average cost of a data breach at $3.8 Million in 2022.
Not all businesses can afford to pay such a huge amount.
We have compiled some well-tested procedures that can help you strengthen
your cybersecurity and ride the digital wave.
TABLE OF CONTENTS
1. Understanding the New Age Threats of 5. Evaluating Endpoint and Device
Cybersecurity Security
2. Vulnerability Assessment Checkpoints 6. Assessing User Awareness and Training for IT
security
3. Identifying Critical Assets and Sensitive 7. Reviewing Third-Party and External Security
Data of Cybersecurity Risks
4. Assessing Network Vulnerabilities 8 .Implementing and Testing Disaster Recovery and
Business Continuity Plans
9. Staying Up-to-Date with Cybersecurity Best
Practices
10. Conclusion
01
Understanding the New Age
Threats of Cybersecurity
The new age of cyber threats is not limited to data breaches and ransomware
attacks. They have become much more advanced with AI-based security
analysis, crypto-jacking, facial recognition, and voice cloning via deep fake, IoT
compromise, and cloud-based DDoS attacks.
Cloudflare recently stopped a DDoS attack that used a network of 5000 bots.
The attack took place on a crypto platform. Further, large volume DDoS attacks
increased by 81% in 2022 as compared to 2021.
02
Vulnerability Assessment Checkpoints
Metaorange Digital provides top-notch cybersecurity solutions to protect clients
against cyber threats. Our team of certified experts leverages resource
optimization strategies and helps implement automated tools and security
protocols to enhance the effectiveness of security measures. With a focus on
maximizing your budget, we work tirelessly to ensure that your business is secure
against emerging threats at all times.
03
Identifying Critical Assets and
Sensitive Data of Cybersecurity
Critical assets like CRM, Invoicing software, Financial Data, Client Information, etc.,
must be backed up in a multi-cloud environment. Multicloud and multi-location
storage can help reduce vulnerabilities. Further, a greater budget can be allocated for
safeguarding more sensitive resources.
04
Assessing Network Vulnerabilities
A thorough assessment of network security to identify weak points is necessary. The
effectiveness of existing security protocols is also gauged. Further, a proper plan is
outlined to counter any security breaches and restore system functionality.
05
Evaluating Endpoint and Device
Security
Network endpoints are the most vulnerable points for breaches and exploits. Layman
users often use laptops, mobiles, and other devices without any security software. Such
users unintentionally become carriers for different types of viruses, malware, and
spyware.
Businesses based on the B2C model must provide tools and resources for securing
endpoints.
06
Assessing User Awareness and
Training for IT security
User awareness and training are perhaps the greatest security factors in any
organization. According to IBM, human error accounts for over 95% of security
incidents. With the average cost of cybersecurity incidents being $4 Million, it
becomes increasingly necessary to have competent staff. Training, demonstrations,
workshops, etc., can help prepare staff to deal quickly with incidents and restore
systems
07
Reviewing Third-Party and
External Security Risks
Third parties also provide a significant threat to your security. In 2013, Target, one of
the biggest retailers in the USA, suffered a data breach that was caused by a failure in
due diligence from a third-party vendor. Hackers could access vendors’ credentials and
steal the personal data of 40 Million customers.
To avoid such incidents, businesses can arrange awareness meetings with stakeholders,
suppliers, and even their staff to discuss protocols and demonstrate best practices.
08
Implementing and Testing
Disaster Recovery and
Business Continuity Plans
Disaster Recovery plans are critical because they help your business get back online
after security incidents. Loss of data also means loss of trust. Further, they also
handicap your relations with existing clients and customers.
However, these plans are only effective as long as they are tested and implemented.
According to a Spiceworks study, about 95% of companies have disaster recovery
plans, but about 25% of them never test their strategies.
Untested strategies often prove disastrous in the most critical times.
09
Staying Up-to-Date with
Cybersecurity Best Practices
Keeping up with trends through online publications, blogs, workshops, and seminars is
essential. Not all of them would be equally beneficial, but a few of them will benefit
you beyond expectations.
Metaorange blogs help you stay abreast with the latest trends, ideas, and best practices
for helping you run your business smoothly. Further, each of our blogs extracts the
best information from the internet and only shows you highly relevant information.
10
Conclusion
Cybersecurity threats have evolved. Tools and security infrastructure of the past are
barely enough to secure systems from new-generation threats like AI-based cyber
attacks, crypto-jacking, facial and voice cloning via deep fake, IoT compromise, and
cloud-based DDoS attacks.
However, there are multiple methods of security in these systems such as endpoint
security, securing third-party contact points, backing up critical assets, disaster
recovery plans, and a lot more.
THANKS
DELHI , INDIA
+91 7291043169
SYDNEY, AUSTRALIA
ADELAIDE, AUSTRALIA
+61 426746288
https://metaorangedigital.com/
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