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Cyber Security – Mitigating Risks

In order to find how serious the cyber threats have become, all we have to do is to look at the timeline of the series of attacks that have taken place around the globe over the past 5 years. Computer viruses along with malware and hacking attacks have become more complex and difficult to anticipate.

The numbers are staggering. Number of reported incidences have skyrocketed from around 5,500 in year 2006 to over 48,500 incidences in 2012 according to US-Cert.

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So what can organizations do to better safe guard there networks? As emerging technologies such as cloud computing, mobile and big data become more wide spread, it is imperative for organizations both small and large to formulate a strategy to minimize the risks of such attacks. Here are some guidelines:

1.) They can start by collaborating and developing secure information sharing.

2.) They need to implement real-time awareness to determined different types of threat levels and risks.

3.) With in the organization, they need to define clear usage policies for data access and ownership.

4.) More often then not, they need to review as well as test systems to assess vulnerabilities.

5.) Organizations need to train their staff as well to understand compliance requirements to keep systems secure.

According to study conducted by Ponemon Institute’s 2013 Cost of Cyber Crime, on the average a company in the US gets more than 100 successful cyber attacks each year at a cost of $11.6 million. That’s an increase of 26% from 2012.

The good news is that study further showed that companies that implemented and were enablers of security technologies reduced losses by nearly $ 4 million. Furthermore, those companies that even practiced employing good security governance reduced costs by an average of $1.5 million.

The security professionals at Silex Systems can help your company plan a strategy to safeguard its data assets against cyber threats. We at Silex Systems can provide a total turn key solution based on both the latest hardware and software. Call us today and sleep stress free tonight!

 

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Cyber Security – Time to Act Is Now!

Let’s just stop what you are doing and think for a second. Basically, security is defined as state of being free from danger or threat. In a similar manner, having well thought out cyber security strategy gives a person or an organization for that matter confidence to conduct tasks and gives them the edge to succeed in a fast changing global environment.

Today’s organizations, not matter what size, require a proactive approach in “real time” to constantly assess, analyze and fight new cyber threats generating every day. Gone are the days where organizations would wait for threats to appear and then take appropriate action based on them. World class cyber security companies in partnership with local governments have setup cyber threat monitoring centers that are constantly scanning web traffic. As a result, organizations are better prepared for cyber threats even before they are struck.

Due to spike in cyber threats in recent years, whether they are related to computer and/or network intrusion, ransomware, corporate security breaches, spear phishing or social media fraud, former President of the United States, Barack Obama issued an Executive Order 13636 “Improving Critical Infrastructure Cyber Security” in February, 2013. Basically, this Executive Order established United States policy to further improve its critical infrastructure and to maintain a cyber environment that promotes creativity, efficiency and economic well being while at the same time assisting safety, security, business confidentiality, privacy as well as civil liberties.

As more and more devices are connected online and vast amounts of data both confidential and otherwise is moved on to the cloud, it is imperative for organizations as well as individuals to start re-assessing their cyber security infrastructure in place. As cyber security professionals dealing with such threats the last 20 years, the team here at Silex Systems can provide you and your organization both hardware and software based customized solutions to meet every budget.