DO YOU KNOW YOU COULD BE INVITING A CYBERSECURITY ATTACK?

Every business regardless of its size is a potential target of cyber attack. Weakened cyber security is a reflection of organizational weakness. Cyber attacks can come in different forms. Most of them are often deliberate by financial gain. Cyber threats are not always come from anonymous hackers but some vulnerabilities can arise within your business. 

Cybercrime can potentially disrupt your business. Systematic and cultural problems may leave your organization to cyber attacks. These attacks can expose your business to potential loss or compromised reputation. 

By addressing the following causes of failure, you can secure your business by reducing the risk of cyber attacks. 

  1. Invisible systemic risk: Business decisions such as deciding to continue using outdated gear and software to save money or refusing to shut down a server for proper patching. Are choices that enhance the likelihood of accidents
  2. Cultural disconnect: Security is still perceived by non-IT executives as insignificant. As a result, it isn’t taken into account when making business decisions
  1. Throwing money at the problem Regardless of how much money you spend, you won’t be completely safe from cyberattacks. Your organization’s capacity to operate will likely be harmed if you try to stop every risky action.
  1. Security as “defender”: If security professionals are thought of as the defender of the company. Without considering the commercial goals the application supports, they can decline to release an essential application due to security concerns.
  1. Broken accountability: Accountability should mean that a decision to accept risk is defensible to key stakeholders. If accountability means that someone will get fired if something goes wrong, no one will engage. 
  1. Poorly formed risk appetite statements: Organizations create generic high-level statements about their risk appetite that don’t support good decision-making. 
  2.  Lack of transparency: In board meetings, the good news regarding security improvements is usually emphasized, with little to no discussion of the gaps and opportunities for improvement.

Conclusion

Despite the advantages of security, cyber crimes are not going anywhere. The truth remains that human error can cause the majority of hacks and breaches. Opening phishing emails, sharing passwords, cultural disconnect, and lack of transparency are more common. The only way to close these gaps is to adopt a holistic approach to cybersecurity. To secure your business, get in touch with LogicFinder. If you would like to discuss how Logic Finder can protect your systems from cyber threats facing today, drop us a line at customer.success@logicfinder.net.

 

Cyber Spying OR Cyber Espionage: A Brief Guide

Today, information is the new oil. Having up-to-date knowledge on hand is advantageous and provides a competitive advantage in the company as well as amongst countries throughout the world. From schooling to artillery, the computers at the core of our work environment store a wealth of data. So, what is the definition of espionage? Let’s look at the definition of computer spying in this article.

Cyber Espionage Definition

Corporate and government data is being stolen through cyber espionage. The operation is carried out invisibly, allowing the cybercriminal to obtain classified information. Cyber espionage is when an unauthorized user gains access to a laptop/workstation or personal mainframe by running an unobserved operation in the background.

The goal of cyber espionage is to obtain secret information from governments and corporations. These cyber-attacks are either driven by a desire to always be informed of what is going on in the other government’s backyard, or they are terrorist acts. The theft of confidential data through cyber-espionage can result in a competitive advantage being lost, financial loss, or even death.

Espionage Examples

The following are two recent examples of cyber espionage.

Aurora

In 2009, there were numerous attempts to obtain Gmail account information from Google. McAfee Labs gave these attacks the codename “Aurora.” The reports were submitted by Chinese human rights campaigners. Google wasn’t the only one who was targeted. The other 20 companies were alerted as soon as Google became aware of the matter. Adobe and Yahoo were among the 20 companies targeted. A vulnerability discovered in Internet Explorer was being used by cybercriminals to target these businesses. The required safeguards have been implemented.

Ghost Net

Cyber experts in Canada updated on a massive spy network known as Ghost Net in 2009. More than 1000 machines in 103 countries had been infiltrated by Ghost Net. Embassies in Germany, India, Iran, Thailand, South Korea, and Pakistan were also targeted. This kind of cyber espionage is still taking place today. Cybercriminals are constantly on the lookout for flaws to exploit to develop new surveillance techniques. 

Protection

Company secrets, as well as personal and private information, might be exposed through cyber espionage. The attack could be so serious that the company collapses and its reputation is harmed. The acquisition of military intelligence information will be the focus of cyber espionage against countries. This information might include the position of army formations at the border, the presence of artillery, and other sensitive information about the countries.

Cyber espionage usually has the following goals:

Information from within the company

In this area, data from research, development, operations, and employee compensation packages have been stolen.

Intellectual Property / Intellectual Information

This category includes vital research data such as top-secret projects, blueprints, and formulas that belong to organizations. The spy can profit from stolen data by selling it.

Customer and Information about Customers

Organizations develop long- and short-term goals for market expansion. These objectives, as well as the strategic planning required to attain them, are closely held commercial secrets. Information stolen from competitors provides you a competitive advantage in the market, allowing you to prepare and expand ahead of the competition.

Customers’ data must be protected at all costs by businesses that deal with them. A data breach caused by an attack can result in the firm losing its trustworthiness. This will cast a pall over customers’ concerns about the company’s security procedures, which will be raised. This isn’t the end of it. Customers may file lawsuits against corporations as a result of the situation. It will be difficult to restore the company’s reputation.

Prevention

Computers are created by humans. We utilize software that is designed to be vulnerable. There is no such thing as 100 percent security to protect corporations and governments against cyber espionage. Organizations and governments’ biggest worry right now is keeping up with security rules and processes. Assess threats regularly and implement a security policy to combat any form of vulnerability that may appear unexpectedly. Many businesses carry out security procedures regularly and have a response plan in place in the event of an attack.

Conclusion

Cyber spying, often known as cyber espionage, is a reality in today’s world. Corporations and governments use a variety of precautions to protect themselves from cyber-espionage assaults. The company’s employees are taught about security and how important it is. They are made well aware of the need of safeguarding confidential information. Malware and viruses are important to understand because thieves employ them to perform data breaches. If you would like to discuss how Logic Finder can protect your systems from cyber threats facing today, drop us a line at customer.success@logicfinder.net.

Biometric Authentication Trends for 2021

While many businesses have begun to include biometrics into their security procedures, the entire deployment sector is continually evolving and changing (and so are the associated security risks). Here are some trends to look out for in 2021 and beyond.

 

Biometric security must be constantly improved

While biometric authentication is thought to be more secure than traditional passwords, hackers are constantly looking for (and discovering) new ways to circumvent biometric authentication systems. As a result, while implementing them to secure your systems or data, it’s critical to always alter your authentication security to account for emerging risks.

Continuous biometric authentication will grow in popularity in the next years.

Continuous authentication refers to on-the-fly authentication (and locks the user when the validation criteria are no longer met). Many security experts believe that when the ‘zero trusts’ approach becomes the standard in the cybersecurity business, biometrics will become more integrated into continuous authentication processes.

Specifically, because continuous authentication delivers a better user experience and people prefer biometric authentication solutions over passwords.

Continuous authentication is often accomplished by calculating a real-time “authentication score” that measures the likelihood that the user is whom they claim to be. Some current cars, for example, already employ continuous authentication in their key rings. When you walk away from some cars while holding a key fob in your pocket, the door locks, and the car will not start. And when you return, the automobile frequently opens itself.

Incorporating biometric identifiers (such as a person’s stride or face) or behavioral attributes (such as app data) into a key phobia, on the other hand, would give another layer of assurance that the person using the device or software is still whom they claim to be.

“Biometric data, unlike passwords, cannot be “reset.” When biometrics fail, they fail permanently.”

Biometrics regulations have been tightened.

Biometric authentication is still a novel technology, and the existing laws apply to it. However, due to the sensitive (and persistent) nature of biometric data, several regulators are working quickly to enhance the laws governing data collection and storage.

For example, with the adoption of the Illinois, Biometric Information Privacy Act in 2008, the state of Illinois has been a leader in biometric data security, providing consumers with “real estate interest” in the algorithms used to identify their digital identity.

Biometric authentication is the way of the future.

According to a Visa poll, 86 percent of users preferred to utilize biometrics rather than standard passwords to authenticate their identity. While biometric authentication is far more secure than using passwords alone, it is not unbreakable. As a result, to assure safety, businesses must stay up with the competition.

Working with a reputable platform can help if you are overwhelmed by the inclusion of biometrics into your authentication processes. Outsourcing any or all of your identity management can provide you with peace of mind, knowing that you have a team of professionals on call 24 hours a day, seven days a week.

Network Fort facilitates the use of biometrics for multi-factor authentication (MFA). We are happy to answer any questions regarding its implementation in your company. Contact us for more info!

 

Critical Infrastructure Under Cyber Security Attacks

 

Cyber attacks can significantly impact critical infrastructure that can damage your business reputation and erode trust. Unfortunately, the vulnerability of vital infrastructure to Cyberattacks has become a considerable concern.

There are new mitigation techniques that are being employed to combat the threats. Unfortunately, there have been several successful attacks on infrastructure review. The concept is that criminals can shut down power grades or transportation networks.

A new age of Malware is explicitly targeting the critical infrastructure, including supervisory control and data acquisition techniques. A successful attack on the necessary infrastructure services may undermine the country’s economic stability and significantly affect people’s standard of living.

According to a research report, it has been observed that Cybersecurity attacks upon critical infrastructure and manufacturing industries are more likely to target industrial control systems than stealing data. Disable essential security of infrastructure comes to the forefront, and a successful attack on the services of critical infrastructure may undermine the country’s economic stability.

Because of creating a successful attack at a small cost, cybercriminals are now attempting so many attacks, which lead to severe destruction.

  • Power generation and its distribution become more complex
  • Increment in the vulnerability of critical infrastructure
  • Tactical failure becomes a real concern among security specialist
  • Cyberattack targets a control system of critical infrastructure
  • Cyberattacks on critical infrastructure can result in the theft of valuable, sensitive data

We cannot stop 100 percent of attacks, but we can create Technologies to deal with these kinds of attacks. Logic Finder helps you expand your view of the virtual landscape and gain protection and visibility across your organization—from endpoint to network and into the cloud. Contact us for more info!

www.logicfinder.net

 

Industrial IOT Security Concern

 

We all know that our data is stored locally on other devices, but it is also recorded onto a third-party cloud storage system. A traditional IT environment, including computers, servers, and a whole range of IoT devices, can make up the traditional cyber ecosystem.

Just because devices are secure today does not mean that they are protected against threats of tomorrow. Achieving desired business objectives requires acting in real-time to take advantage of opportunities and address problems quickly. But in IoT, the time to work is in minutes, seconds, or even microseconds to address a security breach. This explosion of data and the higher expectation in the IoT environment means the data’s value will slip away quickly.

Manufacturing companies and transportation-related industries have a good relationship with the integration of industrial IoT technologies. IoT devices are launching day by day; therefore, there will be a rise in security challenges and issues. The utmost difficulties faced by the industrial IoT are

  • Safety of data that is ingested from numerous IoT devices
  • It is crucial to discard the relevant data
  • If the devices are not getting upgraded or being tested, this will give rise to security threat link to the devices
  • Improper consolidation of data is a big security challenge that may eliminate tactful data by data segregation
  • Problems in the IoT hardware is a particular security factor that is critical to be examined

Being cutting-edge technology, Industrial IoT involves several security challenges. To be cyber resilient, IoT manufacturers should have to spend more time on security measures, and the product should have reliable endpoint protection and detailed monitoring infrastructure.

With Logic Finder’s expert resources and sophisticated tools on your side, you will have the perspective you need to determine what requires your immediate attention and which action is most appropriate. We are happy to answer any questions regarding its implementation in your company. Contact us for more info!