As we enter the holiday season and people and organizations are planning their holiday get togethers and parties with friends, family, and colleagues, we thought it would be a good time to remind people that there is no rest for the wicked or cybercriminals. In fact, holidays are a favourite time for cybercriminals to unleash their maliciousness. People and organizations are busy and distracted. The timing is perfect.
However, with solid cybersecurity strategies, the risks can be mitigated and managed. Again, there are no guarantees when it comes to cybersecurity, but organizations can help themselves with properly thought-out strategies.
For MicroAge, a layered approach to cybersecurity is an excellent strategy to employ. We are focusing the next three articles to taking you through the layers and digging deeper into what to consider at each layer or level.
The approach to developing and implementing a good cybersecurity strategy needs to look at an organization from all perspectives. By this we mean that we look at the people, the perimeter, the network, the endpoints, the data, and the company. Each of these areas require different solutions, services, and policies. In this article we will focus on the people and the perimeter.
From a people perspective there are two main cybersecurity objectives: authentication and empowerment. In the authentication category, the main focus is on password management and multi-factor authentication. In the empowerment category, the attention shifts to cybersecurity awareness training and simulations. Let’s dig a little deeper into these areas.
Simple passwords that are easy to guess or break, are the low hanging fruit for threat actors. Implementing password policies that make it as hard as possible for threat actors to break them is the goal. For reference, we have included the table below that provides a good idea of how long it takes cybercriminals to break passwords. You will notice that they have the year in the title of the table. This is because as cybercriminals get more sophisticated and use more sophisticated tools, the minimum requirements for passwords changes. A year ago, a 10-character complex password would have taken a cybercriminal 5 years to break. Today, it would take 5 months to break.
Multi-factor Authentication (MFA)
This method of authentication requires a user to provide two or more verification factors that authenticate the user to gain access to a resource. Note that most cyber insurers will require MFA and will not underwrite a cyber insurance policy for an organization that does not have an MFA strategy in place.
Cybersecurity Awareness Training and Simulations
These are training programs that educate people, at all levels of an organization, on different topics pertaining to cybersecurity including how to recognize malicious emails, texts and yes, even phone calls to keep themselves and their organizations from being victimized by threat actors. Part of the program includes phishing simulations that are sent on a regular basis to help people identify phishing attempts. This is also a “must have” requirement by cyber insurers.
In IT, the perimeter refers to the border between one network and another. Creating a security perimeter, is placing the necessary safeguards at the entrance to a network to secure it from cybercriminals.
Some of the solutions and services that help secure the perimeter of an organization’s network include:
Firewalls establish, with the proper configuration of security rules, a barrier between a trusted network and an untrusted network, such as the Internet.
Spam filters serve to detect and quarantine unsolicited, unwanted, and virus-infected emails and prevent those messages from getting to users’ inboxes.
Dark Web Monitoring
Is a service that monitors the dark web for any user information, such as passwords, that may have been compromised and are being sold on the dark web.
Also referred to as a pen test or ethical hacking, is an authorized simulated cyberattack on a computer network, performed to evaluate the security of the system.
The people and the perimeter are the outer layers of an organization and ensuring they are properly addressed from a cybersecurity perspective is an important part of the risk management plan.
In the second part of this series, we will focus on protecting the network and the endpoints. Stay tuned.
In the meantime, MicroAge would be happy to have a conversation with you about your cybersecurity strategy. Contact us today.
Our 5 Reasons Why You Should Move Your Business to the Cloud
Have you ever heard of cloud computing? You may have been told to move to the cloud and are now wondering why you should do…
How COVID-19 Confirmed the Importance of a Business Continuity Plan
Business owners didn’t see the global health pandemic coming, just like most of the rest of the population. People were sceptical in the early days…
What Should Be Included In A Cyber Incident Response Plan
Protecting your business against cyberattacks involves ensuring that you have in place the different security layers including protecting the network, patching applications, protecting the endpoints,…
Tech Strategies to Extend Innovation & Growth
It is no secret that improved technology can drive growth and innovation within a company. There are many, many options that can support and lead to that growth. In this blog we will zero in on a couple that any business can use to take their company to the next level.
Are you using Teams to share sensitive data?
Microsoft Teams has fast become one of the most useful business tools for the way we work today. No matter where your people work from,…