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Decoding Cyber Security Myths
Cyber security is one of the fastest growing sectors. But it still remains a mystery for many. Today’s world relies on digital connectivity and this has given rise to cyber crime. Did you know that 54% of organizations faced one or more successful attacks that breached their data and IT infrastructure? WannyCry, Petya and Equifax data breach are among a few dangerous attacks that cost millions of losses worldwide.
While more and more organizations are developing a cyber security strategy, there are numerous myths surrounding the cyber world that pose a major challenge for its effectiveness. In such a scenario, demystifying the cyber security facts is definitely needed. Here is a curtain-raiser that will bust major myths regarding cyber security so that you can stay close to the truth by avoiding unnecessary mistakes.
Myth 1: Firewall and Other Security Systems Protect from External Threats
Physical barriers such as firewalls are only partially capable of protecting your system. While they provide initial protection, they cannot protect from all kind of external cyber threats. In fact, firewall protection is gradually becoming more penetrable and prone to attacks. So, just installing a firewall would not be sufficient for vulnerable systems and equipment. Stronger additional internal protection is a must. If you want to learn more about the nuances of cyber protection, you can consider doing a professional diploma in cyber security.
Myth 2: Small Organizations are not a Target
Cyber attackers actually run a widespread campaign on control systems. So, unintentionally, they can target any system, big or small doesn’t matter. Bugs and worms that can hack or cause a major security breach usually spread randomly, independent of all strategies. Besides, small organizations and companies can be selectively targeted as they also possess sensitive information. In fact, statistics show that 58% of malware attacks that happened in 2017were identified as small businesses and caused them damage to the tune of $2,235, 000.
Myth 3: Isolated Company Networks Cannot be Targeted
Completely false! Company networks are mostly connected to primary control networking systems. Often, they are also connected to the internet for functional purposes. Sometimes, petty actions such as the use of USB drives can also spread the virus on a so-called isolated system. Professionals who have undertaken a degree or diploma in cyber security can very well mitigate such risks with preventive actions.
Myth 4: Antivirus Software Provides Adequate Protection
Recent years have witnessed more security breaches than ever before. Though the use of antivirus protection is almost twenty years old, it is not enough to handle today’s diverse cyber attacks. Attackers have devised newer ways to penetrate antivirus software. So it is basically an outdated system of protection for cyber crime prevention. You must not stop using antivirus software, but you need to install various other mechanisms for 360-degree protection.
Myth 5: Cyber Security is the IT department’s Responsibility
This is another misconception that needs to be cleared. Though it is easy to mark it as an IT issue, it is essential to consider cyber security as an overall responsibility that the top management and all departments must share. Digital information needs to be accurate, private and protected. So, the cyber security arrangements should be well-informed and carried out through all departments across the organization. The IT department can head the cyber security initiatives, but the communication regarding its implementation and need for flawless execution should come from the top bosses.
Myth 6: Self Protection is All That You Need
An important myth to be busted, cyber protection does not solely refer to self-protection of the employees or companies. There might be various communities attached which can be a potential source of the cyber threat. This can be well understood by the fact that almost all major security lapses have revealed third-party involvement in the investigation. So, it can be any subordinate organization or attached vendor or outsourced accounting firm that can act as the weak link leading to a breach. So, only organizational protection might not solve the problem. It is important to be aware of all such potential threats from subsidiary sources.
Myth 7: Hacking is Embarrassing
Cyber world has never been sans hacking. Almost everyone is prone to cyber attack. So, there is no use feeling shameful or hiding it. Communicating with others and sharing one’s cyber breach experiences will only make learning better. Hiding it can rather worsen the damage. Organizations have always been hacked; only some might still not realize it. The earlier it is accepted, the better it is to for future prevention.
Myth 8: Cyber Security is Expensive
What could be more expensive than the privacy, confidentiality and safety of the organization, customers, investors and other stakeholders? Imagine the humungous losses you will incur if at all your digital security is breached. Instead of spending thousands of dollars to resolve the issue, you should invest the money in mitigating the risks beforehand.
These myths are false perceptions. Cyber security is already half achieved when you forget them and move ahead with a changed mindset.
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