A question to ask your government. Would CSE immune
Would Government immune to Cyber Crime Attack
The more money you have, the more enemies you have. Hackers have their eyes on the ultimate prize: the government security system. You might think that the government has an outstanding security system. However,
cybercriminals are clever, and when they have a goal in mind, they will do whatever it takes to obtain it, even if it goes against the law. For instance, The US government fell victim to cybercrime attacks several times.
The fact is that no one is immune to cybercrimes, not even the government. A foolproof plan to avoid being a target is to cut the internet from your life. However, the internet is integrated into everyone’s daily life and is near impossible to escape. Therefore, we need to protect our data from criminals. This article contains preventive measures to keep your data safe as well as how to avoid extra financial costs in the event of a security breach. However, it is best to get cyber insurance as it will provide your computer network with an extra layer of protection and keep you, your friends, and your family safe.
Cautious of Cyber Crime
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Protect yourself from cyberattacks
Cybercrime attacks are on the rise. You might decide to let go of the internet when you hear all the stories of people whose data and hackers have stolen money. But, what can you do without the internet?
You need to be precautious when using the internet. Here are some ways you can protect your data from cybercrime attacks.
Use strong passwords.
The password needs to be complex, and make sure to change regularly. Additionally, avoid using the same password for all the accounts you possess. Your computer has a system that saves all your passwords, so you won't have to worry about remembering all the passwords you use for every site.
Update your software.
The operating system and internet security need to be up to date. Hackers use known flaws in the software to access your system. When you update your system regularly, it will be hard for hackers to gain access.
Don’t share everything online.
Personal information such as addresses, maiden's, and pet's names should remain hidden. Criminals can get information to access your accounts from the things you share on social media sites like Facebook and Instagram. Therefore, the less you share, the better. For instance, many people tend to use their favourite people's names, pet names, or nicknames as their favourite password on various sites. And since one of those examples above might be your go-to choice, you will probably post them and their name on social media in an attempt to show your love to them. However, this is where criminals could come to know or get an idea of your passwords.
Frequency of cyberattacks
With the growth and change in technology, hackers will never end, and in the coming years, cybercrime will become the greatest threat to humanity. A Clark School study at the University of Maryland was able to quantify a computer hack every 39 seconds. Many data were lost and will continue to be lost through cyberattacks. In 2013, an attack aimed towards Target cost the company millions, and its customers lost confidence in them too. Thus, as a business owner, you need to protect your business from cyberattacks and hackers.
Easy targets for cyber attacker
Lack of enough security in your business will make you an easy target for cyber-attacks. No one is safe when it comes to attacks; even the government suffers from cyber-attacks, so you're not an exception.
Prone to cyberattacks
Statistics indicate that 50% of small businesses suffered cyberattacks in 2015 alone. . It is true to say this has been over the years. Small businesses are an easier target for hackers than large corporations and government bodies. These small enterprises lack the money and resources to invest in the best cybersecurity, which is why they are prone to attacks.
Prevent Cyber Attacks
Cyberattacks can be avoidable as there are steps to protect yourself and your business from cybercrime.
Protect your hardware
Hardware like the hard disk should have a password and a 2-way authentication for backup.
When data is encrypted, it becomes useless even if a hacker manages to enter into your system. Luckily for you, it is not that easy to decrypt the modern-day encryptions available on the market today.
Another important thing is always to have data backed up in a different location. Hackers sometimes manage to enter even the most sophisticated security systems. Thus, when you have backup data, you do not need to give in to hackers' demands.
Insurance cover is very important. The insurance will help cover the financial losses you have suffered. Furthermore, it will also come in handy in co-paying the costs involved in the data recovery process.
Install Preventative Software
This technique is the easiest and effective to increase security in your business. Ensure that all the computers have the anti-virus, anti-spyware, and anti-malware installed.
Have a firewall.
A firewall is an interface that creates a barrier between your network and outsiders who do not have permission to access the network. Generally, think of it as a wall, such as the Berlin wall, which separates East Germany from West Germany. It is an important part of a network since it helps protect your data from being accessed by criminals. A firewall creates the best line of defence in your organization.
Use a VPN
A VPN is the way to go today. It allows employees to connect to the network remotely. It uses advanced encryption and authentication protocols to protect data from unauthorized access.
What if I get hacked?
Neither the police nor the FBI can agree on whom you should contact first when you have been hacked. If you believe that you have been hacked, here's what you should consider doing first.
Reset your password
Most hackers are interested in your account and account details. Thus, the first thing you should be doing is resetting the password associated with your account. Most people use common passwords or easy-to-guess things such as birthdays. It is time you changed that, or else your account will continue being hacked. Make passwords hard to guess. Include letters, numbers, and symbols in your password. Above all, never use the same password for every other account you own.
Check your computer
At times our machine can be the source of the hack. Therefore, scan your computer for any malware or spyware that might be stealing data and sending it to the hackers.
Caution everyone about the hack
When your email or an account connected to your contact list has been hacked, you need to notify the other accounts of the incident immediately. A hacker will gain access to your other accounts using affiliate accounts because your friends are not suspicious of emails coming from people they know.
Recent Serious Breach
Those with SolarWinds Orion's Network Management Product on their network system in Dec 2020, including the United States Treasury, the US Department of Homeland Security, and the Commerce Department, are all reported having data breached or network exploitation. These high-profile attacks are some of the worst in history.
What kind of attack is this
The breach of such is considered "supply chain compromise." is one of the TTPs (tactics, techniques, and procedures) used here, just by embedding malicious code into the software in the supply chain or network of other companies to increase a widespread attack quickly. So far, the objectives or targets of the espionage activity are unknown. Some suggest that it could relate to the US presidential election, the coronavirus pandemic, or perhaps other themes entirely. Still, it is an escalation in the use of Cyber Crime or cyber espionage on behalf of government entities.
What's the impact
For a business, such an attack is responsible for insurance claims in the area of business interruption and data exfiltration. While business interruption claims occur when normal operations halt, resulting in loss of productive time and revenue, a Data exfiltration occurs when the hacker download business-critical information, encrypting the original files and threaten to expose the data if not getting their ransom.
Under the "supply chain compromise.", the attackers are very targeted in nature. Those companies that use SolarWind's Orion Network management software may be exposed. The company provided an advisory on December 15, 2020, per government regulation required, had advised organizations that may have compromised vulnerability and outdated versions.
While there are still many unknowns about this attack, there may be much to learn from this incident. The situation and information are available to change over the coming weeks. The compromise of a build system at Solarwinds Orion was not likely the only incident, and there may be more.
No one is immune to cybercrimes, not even the government. Thus, you need to protect your data from criminals. This article has a list of things you can do to keep your data safe and avoid extra financial costs involved in a security breach. However, it is best to get cyber insurance as it will provide your computer network with an extra layer of protection and keep you, your friends, and your family safe. These attacks embedded malicious code into the Network Management software, when early reports suggest this attack may have begun as early as in March 2020. It led attackers to gain unauthorized access, and it is significant as this attack appears to be organized by a foreign nation-state to gather information.