Enterprise Security
Business,  Digital Marketing,  Technology

Tips to Manage Enterprise Security Risks

Like old times, ironclad gates to keep the intruder away from your business are not enough for securing your office. Since electronic devices like computers and services like the internet made their entries into the businesses, you require something beyond physical security. Your computers and the networks in which they operate need protection from the digital thieves of today. This is because as we are online so are the internet extortionists. Only those organizations can stand chance in this environment of an active hacking community that has strong enterprise security.

Although the situation for businesses regarding internet security has never been favorable, yet since the outburst of the COVID-19, things have gotten worse. The trend of remote working and dealing in digital currency have made cybercriminals bolder. This is why the frequency of cyber-attacks has increased many folds. Cyber security experts recommend businesses of all sorts have 24/7 cyber-attack protection and data protection services. Following are the tips to guide you on the risk management of enterprise security. Complying with them will surely keep your organization safe to some extent.

Following are the Best Practices for Enterprise Security: 

Prioritize the Security of Your Enterprise: 

Although, this is an obvious thing, yet we made it to ensure its importance. When you are faced with a bombardment of security risks and a barrage of potential solutions, it’s easy to succumb to decision paralysis and do nothing. Furthermore, it’s hard to spend enough time on a situation where a breach remains a ‘what-if’ scenario. All these things are true yet if you consider the other side of the story by analyzing the statistics, cyber-attack protection is inevitable.

According to a study by Deep Instinct, the use of malware increased by 358% through 2020, and ransomware usage increased by 435% compared to the previous year. Furthermore, July 2020 alone saw a 653% increase in malicious activity compared to the same month in 2019. Hence, the risk of getting hacked is higher than ever. Moreover, the price of a data breach has also hiked manifolds and the fallout has reached from thousands to millions of dollars.

Perform Regular Scans on Your Systems and Network: 

Antivirus solutions and firewalls are often considered the starting point of an organization’s security portfolio. Having an antivirus solution installed on your systems is important but this is not enough. For an effective security system, you must run regular scans on the entire system, not just workstations. Your servers, whether they are located on-premise or in the cloud, also require routine scanning. This is typically not only a best practice but a regulatory mandate for the safety of your data and your business with it.

Practice Minimum Access to Resources: 

The negligence of your employees can cause just as much damage as an outside attack. This can lead to accidental misconfiguration or data theft. Minimizing access to sensitive resources prevents both intentional and accidental insider attacks. For example, a web administrator needs access to web servers only and other servers should be kept inaccessible for him. Moreover, identity and access management solutions can help enforce the least privilege by defining who is granted elevated privileges, as well as when and how they can use them.

Maintain Consistent Security Policies: 

Your organization’s infrastructure can grow incredibly quickly, this can just as speedily lead to misconfiguration, which is a major catalyst to security issues. Even with a change in environment and business operation, consistency in security policies is key. Ensuring proper configuration across all your systems is critical to the safety of your business environment. Doing this on your own is a daunting task. Hiring the data protection services for the said task will save you from this and you will have more time for things you are adept in.

Increase Security Awareness in Your Organization: 

When you have the right protection in place, hopefully, a single click on a suspicious email cannot lead to disaster. However, there are ways employees can inadvertently add unnecessary risk to the safety of your organization. For example, an employee may install an application on his workstation or use a web service that has not been approved by the IT Team. Although it seems harmless, this practice, known as Shadow IT, can lead to a successful ransomware attack.

Your sensitive data flows through channels that have not been vetted by the experts within the organization. There’s no guarantee that this method of data transfer is safe. Additionally, these unapproved apps and services can open back doors for attackers seeking to access the entire network. So, to make your enterprise security invincible, train your employees on things to do and things to avoid doing.

Bettina Cabana is a web designer and a freelance fashion blogger. She loves to write about the latest trends, women's fashion, and a lot more in the industry. Bettina has been working for multiple clients in the past many years. She likes to explore new places, cultures, and cook in her free time.

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