4 Practical Ways for Businesses to Manage Cyber Risk in 2024

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Cyberattacks are becoming more common in the digital ecosystems we utilize for both personal and professional reasons. In the past year alone, hundreds of millions of private records from banks, ISPs, and retail establishments have been made available to the public.

The Covid pandemic’s impact on work habits may be partly to blame for this rise in violations. The previous few years have seen a sharp shift in work to remote and hybrid workplaces. The evidence indicates that hackers took advantage of the gaps and vulnerabilities in the company’s security after accepting this adjustment. The last two years have surpassed all prior records in terms of data lost due to breaches and the sheer volume of cyberattacks on people, corporations, and governments.

Businesses and governments are starting to grasp the seriousness and complexity of these cyber threats. Some of the biggest concerns are ransomware attacks, data breaches, DDoS attacks, misconfiguration, and major IT failures.

The recent wave of major industrial and government cyberattacks serves as an example of the growing threat. The usage of cutting-edge…

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