Don’t think a cyber attack can happen to your business? Think again. According to Statista, in the first half of 2020, there were 540 million data breaches in the US. That’s 2.95 million US cyber attacks a day.

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At this rate, the question isn’t if your company will have a data breach, but when. For millions of companies who have already been exposed, the top IT priority is how to prevent another attack from happening in the future.

What is behind the industrialization of hacking and security breaches, and how can you develop a robust, scalable enterprise security plan to keep your company safe? Keep reading to learn more.

 

Why Are More Cyberattacks and Phishing Scams Happening Today?

There are many reasons why hackers and cybercriminals are attacking companies at record rates, including that:

  • Companies Are More Connected Than Ever Before

There are 313 million internet users in the United States, and much of that use happens in the office (remote or in-person). Businesses of all sizes rely heavily on email, Software as a Service (Saas) applications, and the cloud.

  • Cybercriminals Are Getting Smarter Every Day

From demanding ransom payments to hacking point-of-sale (POS) displays to creating phishing emails, cybercrime is becoming more and more sophisticated. If you haven’t audited your security software within the past year or two, chances are it’s outdated.

  • More Workers Are Using Mobile Devices, Including Personal Smartphones and Tablets, for Work Purposes

There are 274 million mobile internet users in the United States—many of whom are office workers who use their personal devices for work purposes. Using personal devices for work may be as simple as accessing email on their smartphone or as complex as using an internal enterprise app on their own devices. Whatever reason your employees do this, you need a system in place to keep your data safe when it’s accessed on personal smartphones and tablets.

  • Breaking into Cloud Applications is a New Challenge for Hackers

Cloud-based applications invest heavily in cybersecurity. Still, even the biggest players in the cloud aren’t immune to cybercrime. In August 2020, amid the COVID-19 pandemic, millions of new remote workers and distance learners shifted to Zoom. Since that time, the web conferencing application had a partial outage for four hours and has been hit thousands of times in both small and large attempts to infiltrate the world’s largest conference call system. 

  • Cybercrime is a Global Crime

The people responsible for sneaking malware onto your network, hijacking your data for ransom, or breaching your firewalls and flat-out stealing your information have never even stepped foot in North America. Cybercriminals exist everywhere there’s Internet connectivity. In fact, in 2020, the Center for Strategic and International Studies reported on major cyberattacks being launched from Turkey, China, Iran, Russia, Greece, North Korea, and other international locations.

 

4 Key Aspects of a Strong, Scalable Enterprise Security System

The threats are huge and the criminals are smart. All of your organization’s connected devices, computers, and servers—including personal devices owned by your employees—are targets for global cybercriminals.

To keep your enterprise safe and secure, you must consider these four key aspects when building an enterprise-wide cybersecurity plan:

  • Ensuring Devices Used by Employees or On Your Networks are Compliant

If your employees use mobile devices—whether corporately owned or personally owned—you need a solution to make sure they are compliant. Any mobile device that connects to your network, accesses your company email, or uses an enterprise app is a target for cybercrime.

  • Identifying Unusual Web Traffic Patterns, Which Could Be a Sign of Cybercrime

Your web team likely monitors website traffic on a weekly, if not daily basis. Drastic spikes outside of huge marketing purchases or special events can be signs of an attack. Lulls not associated with weekends or bank holidays could be the first sign that your website has been compromised.

  • Implementing an Enterprise-Wide Security System

Built-in security in your applications is good, but it’s not enough. You need an enterprise-wide security system that serves as a dashboard view of the activity on all applications your employees and customers use to quickly spot suspicious activity.

  • Protecting Your Network from Malware

Well-meaning employees, even those who are tech-savvy, can fall victim to malware attacks by clicking links or opening infected files sent via email. In fact, according to the SANS Institute, 95% of successful attacks on company networks are the result of spear phishing efforts. Employees routinely mistake counterfeit emails for the real thing, and the result is a significant risk to your systems. Identity access management combined with smarter training and password management can help address these issues. While educating your employees about opening suspicious emails or downloading unauthorized files or programs is an ongoing process, you need a scalable security plan that can grow with your organization and protect your devices and networks from malware.

 

Don’t Let The Data on Cyberattacks Get You Down

While the threat is very real, that’s no reason to shy away from mobilizing your business with devices and leveraging the benefits of the cloud. With the right scalable enterprise security plan, your business can operate more safely, detect suspicious activity more effectively, and be prepared to rebound from a cyberattack more quickly.