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Cyber Security as a Service

Critical steps all companies should take for data and network security

Introduction

Technological advancements have led companies to depend on digital platforms for their day-to-day business operations. However, with the increased use of technology, there has been an increase in cyber threats. A cyber attack can result in data breaches, financial losses, tarnished reputations, and the potential loss of customers. Thus, as an essential aspect of running a business, cybersecurity needs to be a top priority. In this blog post, we will discuss the critical steps all companies should take for data and network security.

Have a Cybersecurity Policy:

A great way to ensure network and data security would be to develop a cybersecurity policy for the company. This sets the groundwork for the internal rules and regulations to keep the company’s assets safe. It should include sections on network access controls, password management, and system updates.

Implement Cyber Essentials Plus:

The Cyber Essentials Plus certification provides a framework to protect the company from cyber-attacks by ensuring the implementation of five critical technical controls. This includes the installation of firewalls, protective devices, secure settings, software patch management, and authorized user access control. Companies that obtain this certification are acknowledged to have a high level of security.

Hire a Cybersecurity Firm:

Companies can hire cybersecurity consultants to help manage their security needs. Cybersecurity consultants will provide expert advice on the best cybersecurity measures for the company, analyse the current security strategy, and provide recommendations to improve them.

Employee Training:

Employees are the weakest link in a company’s cybersecurity. Many cyber threats come from within the company through phishing scams or careless employees. Thus, companies should invest in employee training to educate their employees about the importance of cybersecurity practices, such as being wary of suspicious emails and clicking unknown links.

Regular Testing and Review:

Finally, companies should regularly test and review their cybersecurity measures. This would allow for the identification and fixing of loopholes in the company’s digital security. After implementation, the policy should be reviewed annually or semi-annually to ensure it is still relevant.

Conclusion

Cybersecurity breaches can lead to devastating consequences for businesses. Companies that suffer such attacks could face financial losses, damage to their reputation, and loss of consumer trust. As such, implementing security measures to fend off these attacks should be a top priority. Having a cybersecurity policy, implementing Cyber Essentials Plus, hiring a cybersecurity firm, employee training, and regular review and testing of cybersecurity measures are essential steps that all companies should take to secure their data and network. By adhering to these steps, companies can ensure that their business operations stay secure and protected from cyber threats.

CSaaS Can help you secure your infrastructure and safeguard your applications with the power of Uncloak AI based Vulnerability Management

As the cybersecurity threat landscape continues to evolve at a rapid pace, the UK Finance Sector must remain vigilant and proactive in 2024. Effective strategies for mitigating threats like zero-day exploitation, supply chain attacks, AI-powered social engineering, and potential disruption from geopolitical conflicts will require a multi-layered approach. This includes accelerating patching cadences, increasing third-party risk monitoring, investing in AI-enabled security controls, and maintaining close partnerships with law enforcement and cybersecurity authorities.

By taking a clear-eyed view of the threat landscape and implementing robust cybersecurity practices, the UK Finance Sector can improve its cyber resilience posture for 2024 and beyond. Staying ahead of adaptive adversaries will require constant effort, but proactive defence today can mitigate far greater costs tomorrow.

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