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Basic yet Effective Cyber security Precautions for 2021

Security was a dwelling concern throughout 2020-2021. Swing “Back to Basic” with us to explore the basic yet the most effective Cybersecurity measures with us.

Start your New Year 2021 with these Cyber security Solutions

Yes, as we all know, 2020 has not been quite a great year for all of us and for almost all the industries as well. Numerous number of phishing attacks during pandemic, ransomware attacks on c-suite personnel’s’ and ransomware attacks on cyber security services. Governments, companies, organizations and individuals have paid a heavy price from security breaches and from ransomware attacks – clearly we were not well enough prepared for the digital virus either. So the New Year – year of 2021 needs to be the year for cyber security preparedness.

During pandemic, almost all the businesses are operating remotely, so the hackers stepped up attacks against an expanded and target-rich environment. Security breaches got almost doubled than 2018 and 2019. The surge correlates to an expanded attack surface. There are many more types of cyber-threats and their impact is accelerated by AI and ML technologies, which will allow the hackers to pinpoint vulnerabilities in networks and on devices for exploits. The most important cyber security strategies for to implement this 2021 are:

1. Put a Cyber-Defence Plan in Place

Make sure that you have rigorous policies, processes and systems in place to detect and block cyber incidents. Cyber criminals use highly effective schemes, including bogus email invoices, and impersonating a trusted individual in correspondence to convince employees to unwittingly help them commit cyber fraud. You can help to defend against these efforts by educating your employees about the risk of cybercrime. Invest in antivirus software and keep all the software programs up to date. You can review the security systems of the partners and vendors you work with.

Create a backup data strategy in place to help in the event that you corporate site is the subject of a ransomware incident – where malware infiltrates your system and cyber criminals hold your business hostage until a fee is paid.

2. Keep employees up to date

In the starting phase of 2019, over 65 million pieces of new malware were discovered. To keep your enterprise safe, make sure to hold regular training sessions to keep employees briefed on the latest scams and how to identify and respond to them.

 3. Bolster All the Processes Related to Financial Transactions

Establish procedures for managing unusual account or payment change requests. For instance, you can instruct employees to confirm the entire unusual money request in person or on the phone, using a phone number on the file – not the one listed in an email. One another best practice is to require multiple-person approvals for financial transactions or changes to customer or business accounts. The exact means for handling this will depend on your transactions or changes to business model and capabilities.

4. Limit Your System Access

Minimize your company’s vulnerability by restricting who all can access your system – and what they can see.
If it’s not essential to their job, don’t grant access. Use unique email addresses, logins, servers and domain names for each user or user base.

5. Strengthen Your Passwords

Don’t use easily guessed passwords, like “123456”, “Password”, “654321”, as a login. With these kinds of passwords – you are welcoming cyber criminals. It is suggestible – you should protect your accounts and device with a strong password and use two-factor authentication or biometric ID. And keep the password manager installed, which will make sure you have a complex and different password for every account without having to memorize them all.

6. Stay Safe on the Road

Before travelling, back up your devices and update your operating systems. So while travelling if things go wrong and if your laptop or phone gets compromised, you can wipe it clean and restore from the recent backup. While travelling, disable your device’s remote connectivity as well as automatic Wi-Fi and Bluetooth connections and only connect to the networks you know are trustworthy. It is suggestible to use a virtual private network (VPN) at all times. When you are browsing financial websites and logging in for your accounts, use secured network. 

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