The report titled “The Economic Value of Prevention in Cybersecurity Lifecycle” also reveals that more […] Glossary 29 2. Companies can reduce their Cyber Attack loss by up to $1.4 Million per attack if in case they have effective mitigation measures in place. REDUCE YOUR VULNERABILITY TO CYBER ATTACKS? Most businesses deploy the latest security tools to fend off viruses and malware the moment they enter the system. Cyber Threat Profile 15 1.5. Cyber Security Awareness: 7 Ways Your Employees Make Your Business Vulnerable to Cyber Attacks Kaspersky. Run regular vulnerability scans. We recommend a process of monthly scanning and remediation, with the goal of fixing High and Medium severity vulnerabilities. Risk Assessment 33 3.2. This was revealed in a study conducted by Ponemon Institute in association with Deep Instinct. If you fix the highest risk vulnerabilities first, you’ll continuously reduce vulnerability risk over time. Security Control #4. Take an educated guess. If you guessed schools, you’d be correct. In 2015, there were over one million web attacks against people each and every day according to Symantec. If you can prioritize and fix vulnerabilities, you’ll reduce risk, period. #1. Look For Vulnerabilities Yourself. Continuously acquire, assess, and take action on new information in order to identify vulnerabilities, remediate, and minimize the window of opportunity for attackers. How Attackers Can Gain Access to the Control Network 16 1.6. Accidental Events 26 1.8. Here are ten items that should be on the top of your list. 1. In fact, schools account for over 60% of the reported malware encounters in the last 30 days according to Microsoft’s Global Threat Activity monitor. Risk Assessment, Security Planning, and Training 33 3.1. This is where a cyber insurance cover can come to your rescue. How Attackers Attack 22 1.7. However, there are things you can do in between pen test engagements to reduce your risk of being breached. 10 Ways to Prevent Cyber Attacks. 2 The cost to businesses is even greater, and experts expect the cyber crime costs to quadruple from 2015-2019. Even if you don’t currently have the resources to bring in an outside expert to test your computer systems and make security recommendations, there are simple, economical steps you can take to reduce your risk of falling victim to a costly cyber attack: Train employees in cyber security principles. Cybercrime is on the rise, and the impact can be significant. Cons: Only as good as the priorities. NERC Top Ten Control System Vulnerabilities 27 1.9. Lack of cyber security awareness and neglect of best practices can lead to a cyberattack on your business. These tools can help you automatically enforce and reconfigure devices on the network. What is the market most targeted for cybersecurity threats? According to a recent report, 32% of businesses suffered at least one cyber attack or breach in the past 12 months. Therefore, even the most security-conscious businesses get vulnerable to cyber attacks. 1.4. You can’t fix everything at once, so you’ll have to prioritize. Iterative Improvement. 1 And, over the past year, Norton reported that consumers lost nearly $358 on average per person. Read about seven mistakes your employees might be making right now. Automate vulnerability assessments, measure risk associated with an exploit and analyze the importance of remediation; Provide complete, real-time visibility needed to identify vulnerabilities quickly; See how our solutions can help you manage vulnerabilities and reduce your cyber risk. While cyber attacks are increasing in prevalence, there are some simple measures SMEs can take to reduce their vulnerability, according to one digital security professional. Today, we will look at seven ways to reduce cyber-attack vulnerabilities. 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