Cyber Security For Business Leaders

The nature of corporate assets has changed significantly, moving from physical into virtual and right now as much as  90 percent of the total value of the Fortune 500 now consists of intellectual property (IP) and other intangible assets. According to the business data platform Statista  there are around 4.57 billion active Internet users globally which is  good  news for businesses that are working in the digital economy.  However, ss new technologies increase the time most of us spend online, cyber criminals are finding more opportunities to take  are advantage of the digital economy.
 
The  risk of cyber crime is potentially fatal for many businesses  and managers who want to remain in business must pay more attention to cyber security.
 
Cyber security has become a permanent fixture on the agendas of companies around the world and business leaders  need to be prepared to provide effective oversight of cyber-risks. Placing cyber security in a business context, as an enterprise-wide strategy issue, is essential. 
 
Here Are Three Ways To Get Started:
 
Get everyone involved:  The days when cyber security was seen as just the job for the IT team are over. Business leaders all over the world are realising this and you need to do the same. In a recent Harvard Business Review, cyber security experts Thomas J. Parenty and Jack J. Domet insist that no amount of technology, resources, or policies will reverse the trend that has seen cyber-crimes rise.  “Only sound governance, originating with the board, can turn the tide. Protection against cyber-attacks can't be treated as a problem solely belonging to an IT or cybersecurity department. It needs to cast a wide and impenetrable net that covers everything an organisation does, from its business operations, models, and strategies to its products and intellectual property.”
 
A cyber-attack can occur when an innocent employee clicks a malicious link from a device belonging to the business. The drill has to affect the least person associated with the business. There is a real threat out there, your business and her assets are at stake. Everyone in your business needs to understand this as much as you do.
 
Develop a Policy on Cyber Security:  Preaching about the importance of cyber security alone may not get the job done, a policy that spells out your business’ protocols with regards to cyber security is necessary. A cyber security policy sets the standards of behavior for activities such as the encryption of email attachments and restrictions on the use of social media.
Non-IT employees are usually the weakest links in cyber security efforts. These employees typically share passwords, click on links, download attachments, with little knowledge about encrypting data. All of these open the door to cyber-attacks and can comprise the security of your business.
 
Setting up a policy on cyber security would help your employees and third parties with access to your digital assets understand how to keep your data secured and safe from the prying eyes of cyber criminals. You must take responsibility for creating a culture that prioritises security; this would enhance the credibility status of your business. 
 
Actions to help to ensure the security of your business and her digital assets include:
 
  • Protecting information, computers, and networks from cyber attacks
  • Creating a mobile device action plan
  • Making backup copies of essential business data and information.
  • Controlling physical access to your computers and create user accounts for each employee
  • Securing corpotaret Wi-Fi networks
  • Employing best practices on payment cards
  • Limiting employee access to data and information and authority to install software
  • Mandataing use of passwords and identity authentication
Setting up a policy on cyber security for your business might seem like another tedious task or process to execute, but the benefits outweigh the cost: do it now!
 
Get a trusted Virtual Private Network (VPN): The risks of going online are enormous. The reality is this: if you are not online then cybercriminals stand no chance with you. A Virtual Private Network (VPN) is a tool that allows you to interact with the Internet anonymously, thereby drastically reducing your exposure to cybercrimes.  With unlimited speed, unlimited Bandwith, and free servers in the US help individuals and businesses tackle the prevalent cyber threats and keep their digital assets free from prying eyes by providing a secure connection from all types of tracking.
 
Cyber risks have increased with many more people working from home due to the Coronavirus lockdown and  there is increased pressure on executive teams to step-up and get a better handle on cybersecurity.  While there is no definitive solution to the threat presented by cybercrime, business leaders can take advantage of the available cyber security solutions and knowledge to protect your business and its digital assets. 
 
IT Pro:         Entrepreneur:        Statista:        AIG:       Deloitte / COSO:      Infosecurity Magazine
 
 
For a cost effective Cyber Audit Report on your organisation’s cyber security and advice on employees training, please contact Cyber Security Intelligence.
 
 
« Technology Trends to Watch Out For
Bangladeshi Banks Are Not Properly Cyber Secure »

ManageEngine
CyberSecurity Jobsite
Check Point

Directory of Suppliers

LockLizard

LockLizard

Locklizard provides PDF DRM software that protects PDF documents from unauthorized access and misuse. Share and sell documents securely - prevent document leakage, sharing and piracy.

BackupVault

BackupVault

BackupVault is a leading provider of automatic cloud backup and critical data protection against ransomware, insider attacks and hackers for businesses and organisations worldwide.

DigitalStakeout

DigitalStakeout

DigitalStakeout enables cyber security professionals to reduce cyber risk to their organization with proactive security solutions, providing immediate improvement in security posture and ROI.

IT Governance

IT Governance

IT Governance is a leading global provider of information security solutions. Download our free guide and find out how ISO 27001 can help protect your organisation's information.

North Infosec Testing (North IT)

North Infosec Testing (North IT)

North IT (North Infosec Testing) are an award-winning provider of web, software, and application penetration testing.

Cognizant

Cognizant

Cognizant offer services and solutions for IT Infrastructure Security, Enterprise Mobility and Internet of Things.

MAY Cyber Technology

MAY Cyber Technology

MAY Cyber Technology is a Security Management solutions provider located in Turkey & Germany.

LiveVault

LiveVault

LiveVault delivers fully automated, turnkey, backup over the Internet or a private network connection for uninterrupted remote data protection.

NuSummit

NuSummit

NuSummit (formerly NSEIT) specializes in empowering financial services firms to navigate complex challenges with cutting-edge, technology-driven solutions.

CERT Tonga

CERT Tonga

CERT Tonga is the national Computer Emergency Response Team for Tonga.

Honeywell Process Solutions (HPS)

Honeywell Process Solutions (HPS)

Honeywell's Industrial Cyber Security Solutions help plants and critical infrastructure sectors defend the availability, reliability and safety of their industrial control systems.

Tutamantic

Tutamantic

Tutamantic develops software that reduces security risks and weaknesses during the architectural and design stages.

Jump Capital

Jump Capital

Jump provides series A and B capital to data-driven tech companies within the FinTech, IT & Data Infrastructure, B2B SaaS and Media sectors.

Haven Group

Haven Group

Haven Group and its companies are a cyber security one-stop-shop for our clients offering a full range of cyber security services to our clients in a unified and united way.

Aries Security

Aries Security

Aries Security provides a premiere cyber training range and skills assessment suite and develops content for all levels of ability.

IP2Location

IP2Location

IP2Location provide services to identify geolocation by IP address, and to detect IP addresses associated with anonymous proxy servers, which are often used for fraud and spamming purposes.

Cyber Security Council UAE

Cyber Security Council UAE

The Cyber Security Council's vision is to protect UAE cyberspace, maintain confidence in our digital infrastructure and institutions, and build a cyber-resilient society.

American Binary

American Binary

American Binary is a Quantum Safe Networking (TM) and post-quantum encryption company.

NSW IT Support

NSW IT Support

NSW IT Support: Your exclusive hub for comprehensive Business IT services in Sydney. Our skilled team ensures seamless technology solutions nationwide, consistently delivering top-tier IT support.

National Renewable Energy Laboratory (NREL) - USA

National Renewable Energy Laboratory (NREL) - USA

NREL is transforming energy through research, development, commercialization, and deployment of renewable energy and energy efficiency technologies.

Digital WarRoom

Digital WarRoom

Digital WarRoom is an eDiscovery company offering cloud-based and on-premise eDiscovery solutions. Request a demo.