
It has been a while since businesses transitioned from offline retail to online. Since this transition happened, cybersecurity has become a rising concern. What is cybersecurity? Simply put, it is keeping the cyber array of a company or a business under lock and key.
Even though the job sounds easy, it is anything but. Cybersecurity is a constantly evolving niche. This is primarily due to one singular factor: the technological landscape is evolving, and this means cybercriminals are finding new ways to breach.
Therefore, follow along to learn some of the biggest cyber weaknesses that cybercriminals exploit.
Cybersecurity bodies from several nations, including the Netherlands, New Zealand, Canada, and the USA, joined forces with the National Cyber Security Centre, UK, to create a research project.
The research was quite extensive and highlighted some of the most commonly exploited cybersecurity loopholes. You can also refer to the SANS CWE Top 25 report for more information.
In this article, we will examine some of these loopholes so that you can tailor your cybersecurity strategy accordingly. Let’s Go!
Multi-factor authentication is probably one of the coolest inventions in the cybersecurity landscape. MFA, or multi-factor authentication, uses two or more login methods to authenticate.
MFA improves cybersecurity as users need to feed in their passwords, as well as the OTP sent to them on their phone.
MFA is phishing-resistant because it uses multiple factors for login verification. Many businesses fail to recognize this and end up skimping on MFA. This can lead to major problems in the long run.
A manual control for access is a great starting point for establishing a robust cybersecurity framework. ACL directly controls who can get access and who cannot. This is great for digital compartmentalization.
Moreover, even if you have a security breach, you can identify or focus your efforts. Therefore, ACL is not only great for prevention, but is also important in the moments that follow. One trusted process used by companies is hard accounting, where you only allow bare minimum access to people to execute their job effectively.
Software updates can be annoying. Especially, if a brand constantly releases new security arrays one after the other. Still, you need to bear with it if you actually want a safe and secure security array.
To keep your security array secure, you need to understand that the software updates are crucial. Therefore, never skip any security updates that may come your way. Otherwise, be prepared to miss out on essential security details for your brand.
When setting up a device, it is common to set it up with a default name and password. However, the problem arises when the default user name and password is not changed on time.
The default user name and password are usually generic in nature. This is something that cybercriminals are aware of. Therefore, they easily breach a system by simple permutation and combination. Therefore, stop this from happening by changing the password on time.
Repeat after us: Weak passwords help cybercriminals to breach a website. Therefore, as a business, please implement strong password policies. Password policies encourage people to change or update their passwords periodically.
The policy must include a detailed guide on the kind of password you can set. In other words, the parameters that one must maintain to improve the password strength. You can even implement a password management system to help your team generate passwords periodically.
Failing to plug any of these problems can be fatal for your cybersecurity array. We say this because of our experience. Many major companies have lost billions of dollars because they failed to address security concerns.
Therefore, if you are new to this area and want a career in it, you should consider taking proper heed of the pointers we have mentioned here. They can make or break your business. So be the smart entrepreneur and take the right decision.