6 Examples Of B2B Cyber Security Trends
Cybersecurity is the ongoing process of protecting personal and business data – including software and hardware – from online threats and intruders.
Businesses that use the internet to store their company data should take cyber security very seriously. If a security breach happens, it may be a call for lawsuits and reputational damage that could harm your company and your clients. Working with a specialist in cyber security solutions helps to improve the safety of your sensitive data.
Here are six examples of cybersecurity trends to keep in mind when strengthening your company’s data privacy and security:
Endpoint Management
Remote working provides convenience for companies and their employees, and it’s been essential during the pandemic. However, remote working means that businesses can’t always control how their devices are being used to access the internet.
Endpoints are critical as they could become entry points of cyber threats that could ultimately harm your organization. To prevent this from happening, you should practice proper endpoint management in your business, such as managing the endpoint environment, endpoint troubleshooting, protecting the remote endpoint workforce, and applying Cross-Layered Detection and Response (XDR).
XDR automatically connects data across multiple security layers from email to network, allowing it to detect threats immediately, and enabling security analysts to investigate and conduct proper solutions to the issue.
Cyber Insurance
With the high rate of security threats happening to businesses every year, companies opt for cyber insurance to protect their business loss from online attacks.
Cyber insurance can help to cover the following:
- Legal services
- Lost income from network interruption
- Lawsuits related to the privacy and security of employees and customers
- Regulatory fines
- Expenses related to notifying affected customers that cyber-attackers have compromised their personal information
- Fees for recovering locked files from a ransomware attack
With these things covered, losses to your business will be minimized in case of a security breach, or you may even have all losses covered in some circumstances. Prevention remains better than cure, however.
Alternative Authentication
Since most cyber-attacks occur when the attackers have acquired one password, alternative authentication has become more popular, especially for businesses with extremely sensitive data, such as financial services and banking.
Alternative authentication means it replaces the use of passwords to authenticate access to a profile or data. Examples of alternative authentication include hardware tokens, biometrics, knowledge-based authentication, or unique password generators.
Distributed Cloud
A distributed cloud is a computing service that allows public cloud infrastructure to run in different physical locations. With a distributed cloud, you can freely separate your data, allowing you to secure your files and limit the ability of intruders to capture everything from a single cloud.
With a distributed cloud, you’ll not only improve your business security, but you’ll also get the chance to improve your network performance by not congesting it all at once.
Cloud Security Posture Management (CSPM)
A substantial amount of business-related data is stored in the cloud, and there are costs and benefits to this. What’s great about cloud services is that you can access them anywhere, even if you’re not at the office physically. However, this may also provide attackers with the opportunity to swoop in and harm your company’s privacy and data.
A CSPM automates cyber security management across every cloud infrastructure that your business has. CSPM tools help businesses identify and prevent risks from happening through automated compliance monitoring and security assessments. With this, you can guarantee the safety of your company and your customer’s personal information.
Hyper Automation
Hyperautomation is a process in which business and IT processes are integrated as much as possible. As a result, business processes become more organized, optimized, and automated, allowing for better data management to prevent any possibility of cyber security threats.
Conclusion
Cyber security is highly essential in business as it helps to protect the personal information of organizations and their customers. This prevents harm to companies and their reputations. With emerging technology, there are many ways to improve cyber security, and this should be a priority for every business.
