Octagon Assessment

In the recent years, it has been observed that many companies have been quickly affected by numerous types of cyber attacks. Firms proceed to be under nice pressure and attempt to keep their information safe and secure. Among the frequent security risks businesses proceed to face have been listed below:

1. Human factor and peoples’ reactive mindset: The workers working within the business might form the main base for cyber threats as they’re more prone to open phishing emails or download links that would turn out to be malware. Moreover, the top level administration or individuals at the C level will be less prone to turn into malicious insiders. As a consequence of this a critical concern of privilege abuse by lower level workers is more frequent as they develop into malicious insiders and measures need to be taken to overcome this problem.

2. Password protection measures play vital role: Businesses needs to be extraordinarily aware that they need to keep all vital business accounts with a two factor password authentication such that it is probably not easily hacked. This password needs to be modified and maintained successfully once in 30 or 45 days to keep it more safe and away from any security attacks.

3. Aging Infrastructure and drastic Patch Administration essential: In addition to the above security risks, hardware can be a significant situation as lifecycle of a lot of the gadgets is becoming increasingly shorter these days. Buy only new hardware that may uphold updates such that aging factor can be taken care off. Recent attacks such because the WannaCry and Petya outbreaks have underlined the importance of normal software updates that needs to be taken up. Even for Eternal Blue, it allowed the malware to spread within corporate networks without any user interplay, making these outbreaks particularly virulent. The above incidents do show the significance of protecting vulnerable systems and patching is a key way to do it.

4. Issue with Data Integrations: It is attention-grabbing to note that the quantity of data that flows by way of a company might for reasons overwhelm anyone as it comprises very critical information. This could be about employees, partners, stakeholders, service providers etc. However integrating various data sources is crucial to have a transparent understanding of various risks involved within or outside the organization.

5. Lack of a Proper security recovery plan: Most companies are still unaware of the impounding risks with cyber security and lack a proper plan to beat such situations. They need to draft a plan that incorporates the actions that could possibly be taken up when there’s a cyber attack and thus can quickly and efficiently minimize the risk and save information or other financial losses.

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