Along with all the blessings of technology’s rise has come increased vulnerability to cybercrime.
More technology can mean more pathways through which criminals can penetrate your cyber system and inflict great harm with ransomware, identity theft, cyber espionage or IP theft.
These kinds of cybercrimes cost organizations nearly $600 billion globally per year, according to recent McAfee estimates. In 2018, identity theft alone affected more than 1.7 billion people.
Strengthening your organization’s cybersecurity framework has never been more urgent. Here are five steps all organizations can take to help fortify their defenses against the virtual inevitability of a cyberattack:
Step 1. Adopt and Follow Cybersecurity Standards
The first step is to adopt standards, including cybersecurity best practices, advocated by and readily available from the National Institute of Science and Technology (NIST), the International Organization for Standardization (ISO), and the Open Web Application Security Project (OWASP). Many IT teams are already familiar with these cybersecurity best practices. Some 64 percent of organizations have adopted at least some of the NIST standards.
A good…
