Top Cyber Security Resolutions for the Year 2018

Top Cyber Security Resolutions For the Year 2018 2018

As cyber security threats continue to rise, businesses must embrace change and implement strategies to mitigate risk and prevent loss of valuable data.

Managed Outsource Solutions 8596 E. 101st Street, Suite H Tulsa, OK 74133

2017 brought with it massive cyber attacks that disrupted the normal functioning of many organizations. Healthcare entities were hit seriously, which has made even routine processes such as medical data entry highly susceptible.

Cyber threats still loom large, and businesses must be fully prepared for any unknown interventions so that they have the flexibility to withstand high impact security threats that may appear out of the blue. Most organizations utilize document scanning solutions to digitize and managetheir paper assets, but protecting such digital data from cyber attacks is crucial.Implementing the best cyber security strategies is critical for any business in 2018, as data security threats are getting more common.

According to the Cybersecurity Business Reports from CSO, •

Cybersecurity threats are estimated to reach a whopping $6 trillion by 2021

•

Spending related to these threats is to exceed $1 trillion from 2017 to 2021

To prevent data breaches, there are many steps businessescan implement such as insuring against cybersecurity risks, leveraging data analytics to reduce the frequency and severity of loss as well as examining system integrations and parties, including employees that have access to technology. Risks must be managed in innovative ways distinct from the traditionalway of handling by the information security function. This is vital because cyber attacks can create havoc and negatively impact your business reputation and shareholder value.

Effective Cybersecurity Resolutions for 2018 Ensure security at all endpoints of the organization – To ensure security of company data, you need to make surethat each item from laptops, desktops and other devices to switches and everything else involved are secured where they connect with the organization’s networks. It is also important to verify the security profiles of everyone on the company network, and also ensure that all concerned are complying with policies when using their devices.

Besides, employees must be given access only to the right amount of data they need to do their jobs.

Use machine learning and artificial intelligence -Machine learning and artificial intelligence (AI) help to eliminate human error and prevent security threats before they can negatively impact your business. Combining these technologies can also help enhance the duties of cybersecurity experts.

Adhere to GDPR compliance–Even though GDPR is a European regulation, it applies internationally. It is critical for every company that handles data for customers in Europe tobegin preparing for GDPR compliance now. These standards apply to nearly all large businesses, as well as many small and medium-sized businesses. It has been recommended that organizations must comply with the GDPR by May 25, 2018.

Tighten cloud security –Organizations must take steps to synchronize their company’s tools for managing onpremise and cloud-based infrastructure. It is best to avoid learning and maintaining separate security tools for two different environments. Experts recommend the integration of hybrid cloud security using a single tool, an example of which is cloud security gateway (CSG).

www.managedoutsource.com

(800) 670 2809

Consider cyber insurance–Cyber insurance is an innovative way to protectyour organization against security risks.

Insurance Journal has reported that 50% of U.S. firms do not have cyber insurance. Cyber insurance policies can help companies cover all or portions of losses in the event of a breach.Make sure to choose a reliable insurer that clearly states what is covered in the policy, and that adequate coverage is purchased to cover your business at a time of loss.

Two-factor or multi-factor authentication- Two-factor authentication works as an extra step in the data security process. It is a second security layer that will reconfirm your identity. For those firms already following basic password security measures, this authentication will make it more difficult for cyber criminals to breach their account.Though multi-factor authentication is complex, it is more secure than two-factor authentication. This method usually requires additional verification such as biometrics to include voice, retina or fingerprint recognition, making it harder for an attacker to bypass. Choose the right authentication method based on the nature of your organization.

Consider backup tests -Often testing is the missing step in making backups.Even though companies may invest huge amount and spend a lot of time backing up their data, there are chances that these backups won't work, if there’s any issue with their data storage. Frequent backup tests must be done to ensure that everything is in order.

Firms considering outsourcing services should also be alert enough to choose a partner that adheres to stringent data security guidelines.

www.managedoutsource.com

(800) 670 2809