If you search the web for breaches that occurred in May 2022 alone, you will find that there were 77 major security incidents reported, with a combined total of 49.8 million records compromised during those incidents.
Verizon’s Data Breach Investigations reported an unprecedented year thus far, revealing nearly 24,000 security incidents and of that number, over 5,000 confirmed. While all breaches are supposed to be reported, not all are. An estimated 4 out of 5 of these breaches involved an external actor rather than an internal actor. Of the confirmed breaches, 82% consisted of human error. In 2022 alone, social engineering contributed to 25% of reported breaches.
How do you prevent, stop, or even slow down these attacks? We can help.
General strategies consist of having quality leadership on your team, constant visibility and improvement related to security, controlled access points, and collaborative efforts.
Security experts are put under constant pressure within the cybersecurity environment. Having inefficient security operations leaves companies extremely vulnerable, and the IT and cybersecurity industry consists of a competitive landscape where companies can find it challenging to hold onto talented employees.
It is important to maintain a strong and knowledgeable leadership core. Strong leadership should keep a consistent focus on mitigation efforts. It is equally important to provide and develop internal systems and protocols to keep up with ever-evolving cyberattacks.
Companies need to determine how to make themselves less of a target. Cybersecurity isn’t a one-and-done exercise. There needs to be a realistic view to continue to expand and develop a strategic cyber defense. Additionally, a work-from-anywhere culture has resulted in less visibility, control, and knowledge of abnormal user behaviors over recent years. For the security experts, if they do not have a full view of their assets, they cannot protect them.
Controlling access is another important aspect of cyber security. No matter what the threat, hackers need access to resources. One of the most common methods of attack is compromised credentials, contributing to over 60% of breaches. Companies should always monitor user accounts and behavior to help defend against unauthorized access.
Preventing and mitigating cyberattacks is a collaborative effort from everyone within an organization. We live in a time where everything we click should be carefully reviewed. Cybercriminals have demonstrated how calculated and savvy they really are. Contact us to discuss how your company can tighten up your defenses, educate your users, and gain peace of mind that you are doing everything you can to mitigate cybersecurity risks.